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KB Home Announces the Grand Opening of Its Newest Community in Lakeland, Florida
Businesswire· 2024-03-18 12:00
ORLANDO, Fla.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Wilder Pines, its latest new-home community in Lakeland. These new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms and expansive bedroom suites with walk-in closets. The community’s one- and two-story floor plans feature up to five bedrooms and three baths. What sets KB Home apart is the company’s focus on building strong, personal re ...
KB Home Announces the Grand Opening of Its Newest Gated Community Within Orchard Hills, a Premier Master Plan in Irvine, California
Businesswire· 2024-03-15 20:15
IRVINE, Calif.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Fresco in the Reserve at Orchard Hills, its newest gated community within the world-renowned Irvine Ranch master plan in Irvine, California. The new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. The community’s floor plans feature up to five bedrooms and four-and-a-half ba ...
KB Home Announces the Grand Opening of Its Newest Community in Popular Jacksonville, Florida
Businesswire· 2024-03-15 12:00
Company Overview - KB Home is one of the largest and most recognized homebuilders in the United States, operating in 47 markets and building over 680,000 homes in its more than 65-year history [5] - The company focuses on building strong, personal relationships with customers, ensuring that every home is uniquely built for each buyer [2][5] - KB Home is a leader in energy-efficient homebuilding, being the first national builder to commit to building ENERGY STAR® certified homes, which fewer than 10% of new homes nationwide meet [5] New Community Launch - KB Home announced the grand opening of Hawkes Meadow, a new-home community in Jacksonville, featuring modern designs with spacious floor plans that include up to five bedrooms and three baths [1][3] - The community offers homesites with pond and wooded views and has no Community Development District (CDD) fees [1][3] Homebuyer Experience - Homebuyers can personalize their new homes through the KB Home Design Studio, which provides expert advice and a wide range of design choices [2] - The company is ranked as the 1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site [2][5] Location and Accessibility - Hawkes Meadow is located in a commuter-friendly area with easy access to major highways and is close to Jacksonville International Airport and major employers [4] - The community is also near local attractions such as Jacksonville Zoo and Gardens and River City Marketplace [4] Pricing and Sales - Pricing for homes in Hawkes Meadow begins from the $280,000s [4] - The sales office and model homes are open for walk-in visits and private tours, with options for live video tours available [4]
KB Home (KBH) Soars to 52-Week High, Time to Cash Out?
Zacks Investment Research· 2024-03-14 14:16
Have you been paying attention to shares of KB Home (KBH) ? Shares have been on the move with the stock up 13.8% over the past month. The stock hit a new 52-week high of $70.91 in the previous session. KB Home has gained 12.3% since the start of the year compared to the 10.9% move for the Zacks Construction sector and the 8.5% return for the Zacks Building Products - Home Builders industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ...
KB Home (KBH) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-03-13 22:56
KB Home (KBH) closed the most recent trading day at $70.17, moving +1.17% from the previous trading session. This change outpaced the S&P 500's 0.19% loss on the day. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%.The homebuilder's shares have seen an increase of 14.8% over the last month, surpassing the Construction sector's gain of 6.64% and the S&P 500's gain of 3.18%.The investment community will be paying close attention to the earnings perfor ...
KB Home Announces the Grand Opening of Its Newest Master-Plan Community in Justin, Texas
Businesswire· 2024-03-12 12:00
DALLAS--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of The Preserve, its first new-home community in Justin. These new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms and expansive bedroom suites with walk-in closets. The community’s one- and two-story floor plans feature up to six bedrooms and four baths. The Preserve will have a variety of community amenities in this master-plan, including a club ...
KB Home (KBH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-03-11 23:06
The most recent trading session ended with KB Home (KBH) standing at $69.10, reflecting a -0.5% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.11%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq decreased by 0.41%.Prior to today's trading, shares of the homebuilder had gained 14.04% over the past month. This has outpaced the Construction sector's gain of 8.1% and the S&P 500's gain of 2.7% in that ti ...
KB Home (KBH) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-03-04 23:56
Core Viewpoint - KB Home's stock performance has shown resilience with a notable monthly gain, and upcoming earnings are anticipated to reflect positive growth trends [1][2]. Group 1: Stock Performance - KB Home's shares closed at $67.86, reflecting a -0.56% change from the previous day, underperforming compared to the S&P 500's loss of 0.12% [1]. - Over the past month, KB Home's shares increased by 13.89%, outperforming the Construction sector's gain of 9.47% and the S&P 500's gain of 4.83% [1]. Group 2: Earnings Estimates - Analysts expect KB Home to report earnings of $1.56 per share, indicating a year-over-year growth of 7.59% [1]. - The consensus estimate for revenue is projected at $1.45 billion, reflecting a 4.81% increase from the same quarter last year [1]. - For the annual period, earnings are anticipated to be $7.59 per share with revenue of $6.69 billion, representing increases of +7.97% and +4.35%, respectively [1]. Group 3: Analyst Estimates and Rankings - Recent modifications to analyst estimates for KB Home are crucial, as upward revisions indicate positive sentiment regarding the company's profitability [2]. - The Zacks Rank system, which evaluates these estimate changes, currently ranks KB Home as 2 (Buy) [2]. Group 4: Valuation Metrics - KB Home is trading at a Forward P/E ratio of 8.99, which is lower than the industry average of 9.45 [3]. - The company has a PEG ratio of 0.83, compared to the industry average PEG ratio of 0.88 [3]. - The Building Products - Home Builders industry ranks in the top 6% of all industries, with a Zacks Industry Rank of 15 [3].
Here's Why KB Home (KBH) is a Strong Value Stock
Zacks Investment Research· 2024-03-01 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...
Is Trending Stock KB Home (KBH) a Buy Now?
Zacks Investment Research· 2024-03-01 15:01
KB Home (KBH) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this homebuilder have returned +9.2% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Building Products - Home Builders industry, to which KB Home belongs, has gained 5.7% over this period. Now the key question is: Where could the stock be headed in the near term ...