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

Shares of KB Home KBH, +0.44% rose 3% in the extended session Wednesday after the home builder reported first-quarter earnings and sales that topped views, saying it saw an uptick in demand that continued into March. KB Home earned $125.5 million, or $1.45 a share, in the quarter, compared with $134.3 million, or $1.47 a share, in the year-ago period.

KB Home sees uptick in demand for new homes continuing into this month

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home 2023 First Quarter Results

KB Home Reports 2023 First Quarter Results

Cavco Industries

D.R. Horton

Lennar

U.S. market indexes traded higher on Tuesday morning after Treasury Secretary Janet Yellen assured investors the banking crisis will be contained.

5 Homebuilders Gurus Are Constructing Positions In

Chewy

In the first half-hour of Tuesday's trading, the Dow Jones industrials were up 0.964%, the S&P 500 up 1.08% and the Nasdaq up 1.13%.

Earnings Previews: Chewy, KB Home

KB Home's (KBH) Q1 performance is likely to have been affected by prevailing industry headwinds and moderate housing demand.

Here's What to Expect From KB Home's (KBH) Earnings in Q1

KB Home (KBH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: KB Home (KBH) Q1 Earnings Expected to Decline

RALEIGH, N.C.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in highly desirable Willow Spring, North Carolina.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable Willow Spring, North Carolina

GOODYEAR, Ariz.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest master-planned community in popular Goodyear, Arizona.

KB Home Announces the Grand Opening of Its Newest Master-Planned Community in Popular Goodyear, Arizona

ORLANDO, Fla.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Hickory Ranch, its latest new, single-family home community in Central Florida. The new homes at Hickory Ranch are designed for the way people live today, with popular design features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. Hickory Ranch's floor plans feature up to five bedrooms and three baths, and the community has no CDD fees.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable Auburndale, Florida

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home (NYSE: KBH) today announced that it will release earnings for its first quarter ended February 28, 2023 after the market closes on Wednesday, March 22, 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. To listen to the call, go to the Investor Relations section of the KB Home website at www.kbhome.

KB Home to Release 2023 First Quarter Earnings on March 22, 2023

TUCSON, Ariz.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home named the Southern Arizona Home Builders Association's Production Builder of the Year.

KB Home Named the Southern Arizona Home Builders Association's Production Builder of the Year

PulteGroup

Toll Brothers

HGX is up 11% year-to-date and its 7.7% below its February 2 high of $484.03.

Homebuilder Stocks Have Solid Gains Since Their June 2022 Lows. Three Of Five That I Follow Are Also In Correction Territory.

Shares of D.R. Horton Inc. and KB Home fell Monday after JPMorgan analyst Michael Rehaut backed away from his bullish ratings on the home builders, citing concerns that the recent rise in mortgage rates will hurt demand for housing.

Stop buying stocks of these home builders, analyst says, as rising mortgage rates ‘temper our enthusiasm'

KB Home (NYSE:KBH) received a double downgrade from J.P.

Analyst Double Downgrades KB Home Stock

ORLANDO, Fla.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in highly desirable East Orlando.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable East Orlando

Dream Finders Homes

Green Brick Partners

With the real estate market slowing to a crawl, this group of stocks could be a bargain opportunity hiding in plain sight.

3 Great Housing Stocks to Buy While the Real Estate Market Is Down

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in highly desirable St. Augustine.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable St. Augustine

ONTARIO, Calif.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest master-planned community, Sunset Ranch, in popular Ontario, California.

KB Home Announces the Grand Opening of Its Newest Master-Planned Community, Sunset Ranch, in Popular Ontario, California

Stonecrest offers personalized, spacious, new homes with up to five bedrooms, near highly rated schools, shopping, dining and entertainment, priced from the $360,000s. Company will celebrate grand opening, Saturday, Feb. 11, 11 a.m. to 2 p.m., during which home shoppers can explore the new community, tour beautiful model homes and enjoy complimentary food.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable St. Johns County

Medina Crossing offers personalized, spacious, new homes within walking distance to area schools, near outdoor recreation and minutes to Texas A&M University-San Antonio, priced from the $240,000s.

KB Home Announces the Grand Opening of Its Newest Community in Southwest San Antonio

Apple

Amazon

Activision Blizzard

Cisco Systems

Catalent

Alphabet

Newmont Mining

Tesla

Tyson Foods

Take-Two Interactive Software

U.S. stock markets opened the trading week with declines on Monday, Feb. 6, on concerns about additional tightening moves by the Federal Reserve.

Markets Drop for Second-Straight Day on Fed Hike Fears

SEATTLE--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Lumar Ridge, its latest single-family, new-home community situated in popular Kent, Washington. The new community offers stunning views of the Kent Valley and Olympic Mountains and is close to outdoor recreation. The new homes at Lumar Ridge are designed for the way people live today, with popular design features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The community's floor plans feature up to five bedrooms and three baths. Families will appreciate the planned community park and being walking distance to highly ranked schools.

KB Home Announces the Grand Opening of Its Newest Community in Popular King County, Washington

SEATTLE--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Sunrise View, its latest single-family, new-home community located in highly desirable West Kent, Washington. The new neighborhood is close to popular outdoor recreation and adjacent to Clark Lake Park, which hosts 130 acres of open space and trails. The new homes at Sunrise View are designed for the way people live today, with popular design features like beautiful kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and generous lofts and dens. The community's floor plans feature up to five bedrooms and three baths. Homebuyers will enjoy the neighborhood's planned park and proximity to highly ranked schools.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable West Kent, Washington

Home Depot

iShares U.S. Home Construction ETF

Lowe's

Meritage Homes

Sherwin-Williams

SPDR S&P Homebuilders ETF

A steep rally by homebuilder stocks points to a housing market recovery. Are they climbing too soon?

Is The Housing Market Ready To Frame Up A Recovery?

SAN ANTONIO--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Villas at Presidio, its latest new, single-family home community situated in a popular area of San Antonio near family entertainment and an abundance of outdoor recreation. The new homes at Villas at Presidio are designed for the way people live today, with popular design features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The community's floor plans feature up to six bedrooms and three baths. The community is located just four miles from highly rated Northside ISD schools.

News for KB Home Stock (KBH)