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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 ...

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 ...

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]

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) 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 ...

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 ...

Company Performance - KB Home's stock closed at $69.10, reflecting a -0.5% change from the previous trading day, underperforming the S&P 500 which had a loss of 0.11% [1] - Over the past month, KB Home's shares have increased by 14.04%, outperforming the Construction sector's gain of 8.1% and the S&P 500's gain of 2.7% [1] - The upcoming earnings report on March 20, 2024, is projected to show earnings of $1.56 per share, indicating a year-over-year growth of 7.59%, with revenue expected to be $1.45 billion, up 4.81% from the prior-year quarter [1] Earnings Estimates - For the full year, the Zacks Consensus Estimates project earnings of $7.59 per share and revenue of $6.69 billion, reflecting changes of +7.97% and +4.35% respectively from the previous year [2] - Recent revisions to analyst estimates for KB Home are seen as positive indicators for the company's business outlook [2] Valuation Metrics - KB Home has a Forward P/E ratio of 9.15, which is lower than the industry's average Forward P/E of 9.5, indicating a valuation discount [3] - The company has a PEG ratio of 0.85, compared to the average PEG ratio of 0.87 for Building Products - Home Builders stocks [3] Industry Overview - The Building Products - Home Builders industry is part of the Construction sector and currently holds a Zacks Industry Rank of 36, placing it in the top 15% of over 250 industries [4] - The Zacks Industry Rank assesses the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]

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].

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 ...