KB Home

KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes, and condominiums. The firm operates through the following segments: West Coast, Southwest, Central, and Southeast. It offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. The company was founded in 1957 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

KB Home reports robust 2022 performance amidst challenges and opportunities

KB Home's strong financial performance in 2022 was accompanied by challenges like supply chain issues and lower net orders in the fourth quarter.
Efforts to reduce construction costs and protect backlog margins are key strategies to manage costs effectively and enhance operational efficiency.
Strategic pricing adjustments and a focus on maintaining gross margins amidst market challenges position KB Home for future growth and profitability.
With a robust backlog and opportunities for operational improvements, KB Home is poised to navigate challenges and capitalize on market opportunities in '23.

KB Home reports resilient Q1 results, eyes strategic growth

KB Home's Q1 performance reflects resilience with strong financial results and strategic market expansion.
Challenges include monitoring mortgage rate impacts and consumer behavior amidst economic changes.
Opportunities lie in cash flow optimization, selective land deals, and leveraging mortgage rate buy downs.
Overall, KB Home maintains a positive outlook for sales and profitability in the coming quarters.

KB Home surpasses Q2 expectations, eyes growth opportunities in '24

KB Home delivered a strong performance in Q2, exceeding revenue guidance and showcasing financial discipline and prudent management practices.
While facing challenges related to demand fluctuations and capital allocation, the company is well-positioned to capitalize on growth opportunities in '24.
With a focus on cost savings, energy efficiency, and strategic expansion efforts, KB Home aims to drive continued success and market leadership.
Anticipated improvements in sales pace, community count growth, and optimized asset utilization signal a positive outlook for KB Home's future performance.

KB Home exceeds Q3 targets, eyes growth amid supply challenges

KB Home's Q3 earnings call highlighted strong performance, solid financial position, and strategic focus on growth. Despite challenges in supply conditions, the company aims to capitalize on opportunities in the housing market and maintain momentum for a strong fourth quarter.

KB Home surpasses Q4 expectations, eyes growth amid improving market

KB Home had a robust Q4 performance, exceeding expectations with strong revenues and earnings. The company is optimistic about market recovery and potential margin improvement as mortgage rates decline. By focusing on built-to-order homes, managing costs, and responding to market demand, KB Home aims to sustain growth and shareholder value in 2024.

KB Home reports robust Q1 performance amidst market challenges

KB Home's Q1 2024 performance reflects strong revenue growth, operational efficiency, and strategic acceleration of starts.
Challenges include forecasting uncertainties, inflation impact on costs, and competitive land market conditions.
Opportunities lie in sustained performance, market dynamics, operational efficiencies, and flexible market targeting strategies.
Overall, KB Home's focus on growth, returns, and shareholder value positions it well for future success in the housing market.

KB Home Exceeds Q2 Expectations, Strong Growth Ahead

KB Home demonstrated a strong performance in Q2 2024, overcoming market volatility with significant revenue growth, stable margins, and strategic capital allocation. The company's focus on shareholder returns and robust operational metrics positions it well for sustained growth amid fluctuating market conditions.

KB Home reports robust Q3 earnings, eyes growth and efficiency

KB Home's Q3 performance reflects solid financial results, strong demand, and strategic investments in growth and operational efficiency.
The company's strengths in revenue projections, cost management, and customer focus position it well for future growth and profitability.
While facing challenges related to market dynamics and cost pressures, KB Home has opportunities to capitalize on market trends and enhance operational effectiveness for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Taiwan Semiconductor Manufacturing

The three major stock indexes opened essentially flat on Tuesday.There is little in the way of economic news except for Federal Reserve Chair Jerome Powell's speech to a meeting of central bankers in Stockholm.

Earnings Previews: KB Home, Taiwan Semiconductor

ORLANDO, Fla.--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Spirit Landings, a new, single-family home community in Winter Haven. Spirit Landings is located near US-17, Highway 60 and Polk Parkway for an easy commute to Lakeland and area employers, including Winter Haven Hospital, Bartow Regional Medical Center and Publix® Corporate. Residents will enjoy the close proximity to shopping, dining and entertainment in downtown Winter Haven. The community is also just a short drive to family fun at LEGOLAND® and Auburndale Speedway and near Lake Travis, Lake Hancock, Lake Shipp Park and South Lake Howard Nature Park for outdoor recreation.

KB Home Announces the Grand Opening of Spirit Landings, a New-Home Community in Winter Haven, Florida

KB Home's (KBH) fiscal Q4 performance will likely be affected by prevailing industry headwinds and moderate housing demand.

Here's What to Expect From KB Home's (KBH) Earnings in Q4

Bank of America

Bed Bath & Beyond

Citigroup

JPMorgan Chase & Co

Wells Fargo

Q4 2022 Earnings Season in Focus

PHOENIX--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Cordillera, a new community of single-family homes in popular Gilbert, Arizona. The community is situated on East Riggs Road, just west of Higley Road near Loop 202 and Highway 101. Cordillera is zoned for the highly ranked Chandler Unified School District and just minutes away from Patterson Elementary School, Payne Junior High School and Basha High School. The new community is also close to shopping, dining and entertainment in Gilbert's vibrant Heritage District and minutes to Gilbert Regional Park, which hosts a popular fishing lake, large splash pad, modern playground and volleyball, pickleball and tennis courts. Homeowners will appreciate the proximity to San Tan Mountain Regional Park, which features 10,000 acres of pristine desert hiking, horseback riding and mountain biking trails.

KB Home Announces The Grand Opening of Cordillera, A New-Home Community in Gilbert, Arizona

Advanced Micro Devices

Chevron

Goldman Sachs

NVIDIA

Charles Schwab

UnitedHealth Group

Exxon Mobil

Today, we will look at some key earnings reports slated for January. Earnings season can inform investors of industry group health and the health of the economy and stock market.

Key EPS Themes for January

AUSTIN--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Scenic Pass, a new, single-family home community in Austin. Scenic Pass is located near Highway 71, US-290 and Loop 1 for an easy commute to downtown Austin and area employers, including NXP® Semiconductors and Advanced Micro Devices. Residents will enjoy the close proximity to shopping, dining and entertainment in downtown Austin. The community is also near Lake Travis, Lake Austin and Ladybird Lake for a variety of outdoor recreation and Barton Creek Country Club™ and Grey Rock Golf Club for golfing.

KB Home Announces the Grand Opening of Scenic Pass, a New-Home Community in Austin, Texas

This call on KB Home stock is currently trading with an implied volatility of 41%. The post KB Home Stock Today: Is Now The Time To Nail Down This Long Call?

KB Home Stock Today: Is Now The Time To Nail Down This Long Call?

PHOENIX--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Tierra La Bella, a new community of single-family homes in a highly desirable west Phoenix location. The new community is situated on 83rd Avenue just south of West Buckeye Road and near Interstate 10 and Loop 202, providing easy access to downtown Phoenix and the area's major employment centers as well as Sky Harbor International Airport. Tierra La Bella is just a short drive to State Farm® Stadium, Phoenix Raceway®, which is home to the NASCAR® Racing Experience, and Westgate Entertainment District, which offers a wide variety of popular dining and entertainment options. Homeowners will also appreciate the proximity to outdoor recreation at Estrella Mountain Regional Park, which features 65 acres of pristine desert hiking and horseback riding trails, baseball diamonds, a golf course, fishing and scenic picnicking spots.

KB Home Announces the Grand Opening of Tierra La Bella, a New-home Community in West Phoenix

Housing data released today shows sales for existing U.S. homes hit a two-and-a-half year low in November, as higher mortgage rates gripped the market.

Bull Signal Flashing for KB Home Stock

SAN ANTONIO--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Legend Heights, a new, single-family home community in New Braunfels. Legend Heights' commuter-friendly location provides easy access to San Marcos, Seguin and San Antonio, and is convenient to major employers, including the Walmart Distribution Center and Sysco. Residents will enjoy nearby recreation destinations, including Schlitterbahn, Landa Park, the Comal and Guadalupe rivers, Canyon Lake and Birdee's Golf Center & Driving Range.

KB Home Announces the Grand Opening of Legend Heights, a New-home Community in New Braunfels, Texas

LOS ANGELES--( BUSINESS WIRE )--KB Home (NYSE: KBH), one of the largest and most recognized homebuilders in the U.S., has been named to The Wall Street Journal®'s (WSJ) 2022 Management Top 250 list, the only national homebuilder to make the list two years in a row. The Management Top 250 ranking identifies the most effectively managed U.S. companies as evaluated by the Drucker Institute across five dimensions: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength.

KB Home Named to The Wall Street Journal's 2022 Management Top 250 List

LEMON GROVE, Calif.--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of The Terraces, a new, townhome community located in a highly desirable San Diego County neighborhood. The Terraces is situated on Broadway at the Highway 125 and 94 interchange in historic Lemon Grove, California, a vibrant city that exhibits small-town charm and boasts the “Best Climate on Earth.” The new community provides easy access to downtown San Diego and the area's major employment centers as well as Cuyamaca College and Sharp Grossmont Hospital. Homeowners will appreciate the proximity to popular shopping, dining, entertainment and outdoor recreation at Sweetwater Summit Regional Park, which features fishing, hiking and camping. Planned community amenities will include children's play structures, covered picnic areas and barbeques.

KB Home Announces the Grand Opening of The Terraces, a New Townhome Community in Lemon Grove, California

LOS ANGELES--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced that it will release earnings for its fourth quarter and fiscal year ended November 30, 2022 after the market closes on Wednesday, January 11, 2023. A live webcast of the Company's earnings conference call will be held the same day at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time.

KB Home to Release 2022 Fourth Quarter and Full Year Earnings on January 11, 2023

DENVER--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Terrain Oak Valley, a new, single-family home community situated within the premier Terrain master plan in Castle Rock, Colorado. The new neighborhood is nestled in a beautiful valley between oak-covered hills east of Founders Parkway and Copper Cloud Drive and near Highway 86, providing easy access to downtown Denver and the Denver Tech Center. Terrain Oak Valley offers small-town living and is minutes away from historic downtown Castle Rock, which features boutique shopping, delectable eateries and a farmer's market.

KB Home Announces the Grand Opening of Terrain Oak Valley, a New-Home Community Situated Within the Desirable Terrain Master Plan in Castle Rock, Colorado

KBH has been under pressure amid housing market headwinds. The company is still benefiting from strong real estate prices while declining inflation supports construction margins.

KB Home: Room To Get Cautiously Bullish Into 2023

HOUSTON--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Enclave at Bear Creek, a new, single-family home community in Katy. Enclave at Bear Creek is located near 1-10, Highway 6 and Grand Parkway for an easy commute to major Houston-area employment centers, including the Energy Corridor. Residents will enjoy nearby shopping and dining at Katy Mills shopping center, The Shoppes at Grand Crossing and Lakeland Village Center. The community is also close to Bear Creek Pioneers Park for a variety of outdoor recreation, including walking trails, picnic areas, fishing, playgrounds and sports fields.

KB Home Announces the Grand Opening of Enclave at Bear Creek, a New-Home Community in Katy, Texas

Home Point Capital

Opendoor

PulteGroup

Redfin

Rocket Companies, Inc.

Zillow

Though the housing sector represented one of the most remarkable developments of the post-coronavirus new normal, the subsequent paradigm shift necessitates a discussion about real estate stocks to sell. To be clear, it's not that this segment suddenly became irrelevant.

7 Real Estate Stocks to Sell While You Still Can

KENT, Wash.--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Merryfield Estates, a new, single-family home community in highly desirable Kent, Washington. The new community is situated on Southeast 272nd Street near 108th Avenue, close to Highway 167, Highway 18, Interstate 5 and the Kent Sounder Train Station, providing easy access to the major employment centers in Seattle, Bellevue and Tacoma. Merryfield Estates is convenient to shopping, dining and entertainment at Kent Station and the accesso ShoWare® Center, which hosts sporting events and concerts. The community is minutes to outdoor recreation, including Tudor Square Park, which offers a children's playground, picnic area, ball fields and fitness equipment as well as Lake Meridian Park, which features boating, fishing, swimming and picnic areas. Merryfield Estates is also just a short drive to skiing and snowboarding at Snoqualmie Pass and hiking and mountain biking at Tiger Mountain.

KB Home Announces the Grand Opening of Merryfield Estates, a New-Home Community in Kent, Washington

SPRING VALLEY, Calif.--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Bluffs, a new, townhome community located in a highly desirable San Diego County neighborhood. Bluffs is situated at Atamite and Graphite Streets in Spring Valley, California, close to Highways 54, 94 and 125 and providing easy access to downtown San Diego and the area's major employment centers as well as Cuyamaca College and Sharp Grossmont Hospital. The new community is just a short drive to popular shopping, dining, entertainment and outdoor recreation at Sweetwater Summit Regional Park, which features fishing, hiking and camping. Bluffs is also walking distance to area schools and Sweetwater Place County Park, which hosts an amphitheater, picnic area, walking trails and playgrounds.

KB Home Announces the Grand Opening of Bluffs, a New Townhome Community in Spring Valley, California

CLOVIS, Calif.--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Legacy at Highland, a new, single-family home community in Clovis, California. The community is situated on Flint Avenue just west of North Highland Avenue, providing easy access to Highways 180 and 168 as well as downtown Fresno and the area's major employment centers. Legacy at Highland is zoned for the desirable Clovis Unified School District and walking distance to several community parks. The community is close to shopping, dining and popular entertainment at the historic Crest Theatre, Fresno Chaffee Zoo, Forestiere Underground Gardens and Warnors Center for the Performing Arts. Homeowners will also appreciate the proximity to Kings Canyon, Sequoia and Yosemite National Parks, which are just a short drive away and offer year-round outdoor recreation.

KB Home Announces the Grand Opening of Legacy at Highland, a New-home Community in Clovis, California

LAS VEGAS--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Nighthawk, a new-home community situated in the prestigious Summerlin master plan in Las Vegas. Nighthawk at Summerlin is conveniently situated on Fox Hill Drive and Redpoint Drive just off Interstate 215 and minutes away from premier shopping, dining and entertainment at Downtown Summerlin and Red Rock® Casino Resort & Spa. The homes are also close to recreation and sporting venues, including Red Rock Canyon, City National Arena® and Las Vegas Ballpark. Homeowners will also appreciate being walking distance to Summerlin's planned 95-acre Grand Park and Redpoint Square, a mixed-use urban core, which will host retail and dining experiences.

KB Home Announces the Grand Opening of Nighthawk, a New Community Located Within the Prestigious Summerlin Master Plan in Las Vegas

LAS VEGAS--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Talus at Kyle Canyon, a gated, master-planned community in highly desirable northwest Las Vegas. The homebuilder's Landings and Reserves at Talus at Kyle Canyon communities are ideally located at Kyle Canyon Road and West Frontage Road, just off Interstate 95, providing easy access to the Las Vegas Strip and the area's major employment centers, including Creech Air Force Base. Homeowners will appreciate the proximity to several area parks and popular shopping and dining at Skye Canyon Marketplace. Talus at Kyle Canyon is also a short drive to popular golf courses and outdoor recreation, including hiking, mountain biking and skiing at Mount Charleston.

KB Home Announces the Grand Opening of Two New Communities at Talus at Kyle Canyon, a Gated Master Plan in Highly Desirable Northwest Las Vegas

NUEVO, Calif.--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of two new communities within the homebuilder's Nuevo Meadows master plan in the popular Riverside County town of Nuevo. Brisa and Cielo at Nuevo Meadows are conveniently situated at Nuevo Road and Lakeview Avenue near Highway 74, Interstate 215 and the Metrolink® rail service. The new communities are a short drive to shopping, dining and entertainment in downtown Perris and near hiking, biking, camping, boating and fishing at Diamond Valley Lake, one of the largest reservoirs in Southern California. Residents will also enjoy the community's planned amenities, which will include a 3.5-acre park with picnic areas and ball fields.

KB Home Announces the Grand Opening of Two New Communities Within the Popular Nuevo Meadows Master Plan in Nuevo, California

HOUSTON--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Marvida Trails, a new, single-family home community in Cypress. Marvida Trails is located within Marvida, a desirable 850-acre master plan that is close to FM-529, the Grand Parkway, Sam Houston Tollway and Highway 290 for an easy commute to major Houston-area employment centers. The community is zoned for the Cypress-Fairbanks Independent School District.

News for KB Home Stock (KBH)