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 (NYSE: KBH) is a U.S. residential homebuilder focused on new single-family homes and master-planned communities for first-time and move-up buyers. The KBH news stream highlights how the company is deploying its homebuilding strategy across its 49 U.S. markets, as well as key financial and corporate developments disclosed through press releases and SEC-related announcements.
Investors and observers can follow regular updates on new community openings in regions such as California, Washington, Colorado and Arizona. Recent news has featured the launch of neighborhoods within master plans in cities including Ontario, Morgan Hill, Roseville, American Canyon, Manteca, Port Orchard, Bennett and East Tucson. These announcements typically describe home designs, available floor plans, community amenities like parks, trails, pools and clubhouses, and proximity to local or highly rated schools and employment centers.
The KB Home news flow also includes earnings-related communications, such as notices of upcoming quarterly and annual results and summaries of financial performance. These items provide context on revenues, homes delivered, net orders, backlog and other operating metrics, as well as commentary from management on housing market conditions and capital allocation, including stock repurchase activity and credit facility updates.
By reviewing the KBH news page, readers can track how KB Home is expanding its community footprint, emphasizing personalized and ENERGY STAR certified homes, and managing its financial position as a publicly traded homebuilder. The news archive offers ongoing insight into the company’s operational milestones, geographic expansion within master-planned communities and key financial disclosures that may be relevant to prospective homebuyers and market participants.
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KB Home reported significant growth for Q3 2021, with revenues rising 47% to $1.47 billion and diluted earnings per share increasing 93% to $1.60. Operating income margin improved by 270 basis points to 11.6%, while gross margin rose to 21.5%. Backlog value surged 89% to $4.84 billion. The company repurchased 4.7 million shares for $188.2 million. Despite supply chain delays impacting deliveries, KB Home is optimistic about future profitability and growth in 2022.
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KB Home (NYSE: KBH) celebrates the grand opening of Clover, a new community of single-family homes in Valencia, California, with prices starting from
KB Home has been recognized by the U.S. Environmental Protection Agency (EPA) with a record 25 ENERGY STAR Market Leader Awards for its commitment to energy-efficient construction. This achievement reaffirms KB Home's position as the leading national homebuilder in energy efficiency, having built more ENERGY STAR certified homes than any other builder. The company's efforts have helped homeowners save an estimated
KB Home (NYSE: KBH) will release its third quarter earnings report for the period ending August 31, 2021, post-market on September 22, 2021. A live webcast of the earnings call is scheduled for the same day at 2:00 PM Pacific Time. Known for its commitment to personalization and energy-efficient homebuilding, KB Home has constructed over 650,000 homes in its 60-year history across 45 markets in the U.S. The company continues to lead in customer satisfaction among national homebuilders.
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