KB Home Stock Price, News & Analysis

KB Home (NYSE: KBH) has announced the grand opening of Monteverdi, its newest community in Corona, California's Horsethief Canyon neighborhood. The development offers personalized one- and two-story homes starting from the $670,000s, featuring up to five bedrooms and three-and-a-half baths.

Located on Mountain Road west of Horsethief Canyon Road, the community boasts stunning mountain views of Cleveland National Forest and proximity to local schools. The homes include modern features like spacious kitchens, great rooms, bedroom suites with walk-in closets, and ample storage.

Monteverdi offers convenient access to Interstate 15, major employment centers, and attractions including The Shops at Dos Lagos, Tom's Farms, and Glen Ivy Hot Springs. The community showcases KB Home's commitment to personalization through their Design Studio experience and ENERGY STAR® certification, meeting standards achieved by less than 12% of new homes nationwide.

KB Home (NYSE: KBH) has unveiled the nation's first wildfire-resilient new-home community in Escondido, California. The Dixon Trail community, featuring 64 homes, meets the Insurance Institute for Business & Home Safety (IBHS) standards for both home and neighborhood-level wildfire protection.

Each home will be built to the Wildfire Prepared Home™ Plus standard, incorporating key safety features including:

• Class A fire-rated roofs
• Noncombustible gutters
• Upgraded windows and doors
• Ember and flame-resistant vents
• 5-foot noncombustible buffer around structures

The neighborhood design includes structure separation of over 10 feet and fire-resistant materials like all-metal fence systems. This initiative represents KB Home's latest innovation in sustainable homebuilding, following their achievements in energy efficiency, water conservation, and solar power implementation.

KB Home (KBH) reported first quarter 2025 results with revenues of $1.39 billion, down 5% year-over-year. Home deliveries decreased 9% to 2,770 units, while average selling price increased 4% to $500,700.

The company's net income declined 21% to $109.6 million, with diluted earnings per share down 15% to $1.49. Homebuilding operating income margin decreased to 9.2% from 10.8%. Net orders fell 17% to 2,772, with the cancellation rate rising to 16% from 14%.

Due to muted demand at the start of Spring's selling season, KB Home revised its fiscal 2025 guidance, now expecting housing revenues between $6.60 billion to $7.00 billion. The company repurchased 753,939 shares at $50.0 million during Q1. The balance sheet shows total liquidity of $1.25 billion and stockholders' equity of $4.09 billion.

KB Home (NYSE: KBH) has appointed Robert R. Dillard as Executive Vice President and Chief Financial Officer, effective March 31, 2025. Dillard joins from Sonoco Products Company where he served as CFO, overseeing net sales of $5.3 billion in 2024.

Dillard brings diverse experience, having previously held positions as President of Domtar Personal Care Europe and President of Stanley Hydraulics at Stanley Black & Decker. Chairman and CEO Jeffrey Mezger highlighted Dillard's combined operations and finance expertise, emphasizing his proven leadership and focus on driving profitability and returns.

KB Home (NYSE: KBH) has announced the grand opening of Azul, a new gated townhome community in Pico Rivera, California. The three-story townhomes, starting from the $780,000s, offer up to four bedrooms and three-and-a-half baths, featuring modern kitchens, large great rooms, and walk-in closets.

Located at the southwest corner of Durfee Avenue and Stephens Street, Azul provides easy access to Interstates 5 and 605, major employment centers, and LAX. The community includes planned amenities such as barbecues and a pet station. The development is walking distance to shopping and dining, and a short drive to outdoor recreation at Whittier Narrows Recreation Area.

KB Home emphasizes personalization through their Design Studio experience, where customers can select from various design choices. The homes are engineered to be ENERGY STAR® certified, a standard met by fewer than 12% of new homes nationwide, offering enhanced comfort and utility cost savings.

KB Home (NYSE: KBH) has announced the grand opening of Novi, a new residential community in southwest Las Vegas, with homes starting from the mid $400,000s. The development features one- and two-story floor plans offering up to five bedrooms and four baths, with modern amenities including spacious kitchens, great rooms, and walk-in closets.

The community will include planned amenities such as a park with picnic areas, shade structures, and open space. Located at West Richmar Avenue and South Valley View Boulevard, Novi offers convenient access to major highways, employment centers, and Harry Reid International Airport. The location is minutes from popular destinations including Town Square, Allegiant Stadium, and the Las Vegas Strip.

KB Home emphasizes personalization through their KB Home Design Studio, allowing buyers to customize their homes. The company's commitment to energy efficiency is demonstrated through ENERGY STAR® certification, a standard met by less than 12% of new homes nationwide.

KB Home (NYSE: KBH) has announced the grand opening of Hillside at Mount Dora, a new residential community in Mount Dora, Florida. The development offers personalized homes starting from the $360,000s, featuring one- and two-story floor plans with up to six bedrooms and four-and-a-half baths.

The community highlights include:

• Modern kitchens overlooking large great rooms
• Expansive bedroom suites with walk-in closets
• Loft spaces
• ENERGY STAR® certification

Located off Robie Avenue with convenient access to US-441, Highway 429, and Highway 46, residents will enjoy proximity to downtown Mount Dora's shopping and dining, the Mount Dora Spring Festival of Arts and Crafts, premium golf courses, and outdoor recreation at Wekiwa Springs State Park and Kelly Park.

KB Home (NYSE: KBH) has scheduled its 2025 first quarter earnings release for Monday, March 24, 2025, after market close. The earnings report will cover the financial period ended February 28, 2025.

The company will host a live earnings conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Interested parties can access the webcast through the Investor Relations section of KB Home's website at investor.kbhome.com by selecting the First Quarter Earnings Conference Call link in the Events and Presentations section. The webcast recording will remain accessible on the KB Home website for 30 days following the live broadcast.

KB Home (NYSE: KBH) has announced the grand opening of two new communities in Fresno, California - Parkside and Edgewood at Peach Avenue, with homes starting from the $390,000s.

The developments feature one- and two-story homes: Parkside offers up to six bedrooms and three baths, while Edgewood provides up to five bedrooms and three baths. The communities include planned amenities such as a park with fitness stations, walking paths, and open space.

Located at South Peach Avenue and East Florence Avenue, the communities offer easy access to Highways 99 and 180, downtown Fresno, and Fresno Yosemite International Airport. The neighborhood is adjacent to the planned 49-acre Peach Avenue Park and near various entertainment venues.

All homes are ENERGY STAR® certified, meeting a standard achieved by less than 12% of new homes nationwide, offering enhanced comfort and utility cost savings.