Welcome to our dedicated page for KB Home news (Ticker: KBH), a resource for investors and traders seeking the latest updates and insights on KB Home stock.
KB Home reports developments as a U.S. homebuilder that designs, builds and sells new homes and communities for first-time and move-up buyers. Company news commonly covers community openings in markets such as California, Arizona, Texas and Idaho, with details on home types, floor plans, amenities, school access and transportation links.
Updates also describe KB Home's personalized homebuilding model, including Design Studio selections, energy- and water-efficiency features and ENERGY STAR® certification. Recurring corporate items include dividends, earnings releases, share repurchase references and broader operating updates tied to land development and housing demand.
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KB Home (NYSE: KBH) announces the grand opening of Country Roads, a new community in Murrieta, California, offering personalized homes priced from the $680,000s. The community features one- and two-story homes ranging from approximately 1,900 to 2,500 square feet, with up to six bedrooms. Located near major highways and employment centers, Country Roads provides convenient access to amenities and outdoor recreation. KB Home emphasizes personalization and energy efficiency, with every home designed to be ENERGY STAR certified.
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KB Home (NYSE: KBH) reported a 23% increase in total revenues to $1.40 billion for Q1 2022, with diluted EPS growing 44% to $1.47. Operating income margin improved by 220 basis points to 12.2%, supported by a 22% rise in average selling price to $486,100. Ending backlog value surged 55% to $5.71 billion. Despite strong demand, supply chain issues are causing build delays. For 2022, the company maintains guidance of $7.4 billion in revenues with targets for operating margin and return on equity exceeding 16% and 27%, respectively.
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KB Home (NYSE: KBH) announced its first-quarter earnings release for the period ending February 28, 2022, scheduled for March 23, 2022, post-market. A live earnings conference call will be held at 2:00 PM PT/5:00 PM ET on the same day. Investors can tune into the call via the KB Home website, with a recording available for 30 days. KB Home is a leading homebuilder in the U.S., known for its high-quality homes and commitment to energy efficiency, being the first builder to make every home ENERGY STAR certified.
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