DALLAS--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Princeton Estates, its latest new-home community in Princeton. These new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. The community’s one- and two-story floor plans feature up to six bedrooms and four baths. What sets KB Home apart is the company’s focus on building strong, person ...

LOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced that Robert McGibney has been promoted to President in addition to his current role of Chief Operating Officer, effective February 1, 2024. In this expanded position, Mr. McGibney will continue to have overall responsibility for the Company’s operations, while also directing business strategy, community count and revenue growth, along with leadership development. Additionally, Mr. McGibney will continue to lead key strategic support functions ...

COVINGTON, Wash.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Jenkins Landing, its latest new-home community in desirable Covington, Washington. The new two-story homes at Jenkins Landing are designed for the way people live today, with popular interior 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. Homeowners will apprec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) Delaware 95-3666267 (State or other jurisdiction of incorporation or organiz ...

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Despite challenges related to high interest rates, elevated mortgage rates and affordability issues faced by the Zacks Building Products - Home Builders industry, major industry players surged recently. Homebuilding companies have consistently revealed impressive quarterly results, expressing optimism about the growth of new orders and deliveries in the upcoming quarters.The Federal Reserve's decision to maintain interest rates at a 22-year high of 5.25-5.5% brings optimism to the housing market. This stabi ...

KB Home (KBH) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this homebuilder have returned 0%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Building Products - Home Builders industry, which KB Home falls in, has gained 9%. The key question now is: What could be the stock's future direction?While media releases or ...

LANCASTER, Calif.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Sonora, its latest new-home community in Lancaster, California. The desirable one-story homes at Sonora are designed for the way people live today, with popular interior 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 two baths. What sets KB Home apart is the company’s f ...

Key TakeawaysProfit and sales declined at KB Home as high borrowing costs cut into demand, forcing the company to reduce selling prices and offer concessions to buyers that cut into margins.CEO Jeffrey Mezger said a recent decline in mortgage rates has boosted orders in the beginning of the company's fiscal 2024 first quarter, which began Dec. 1.Despite falling today, shares of KB Home have jumped the past year by more than 70%.KB Home (KB) on Thursday reported a decline in sales and profits in its fiscal f ...

KB Home (NYSE:KBH) stock is slipping today, despite better-than-expected fourth-quarter results, after the homebuilding name announced a decrease in home selling prices and the number of homes delivered. Plus, Seaport Research downgraded KBH  to "neutral" from "buy." No fewer than seven other analysts lifted their price targets, however, with the highest from UBS to $82. At last glance, KBH was down 3.6% at $60.91. Shares are falling from yesterday's roughly 18-year high of $64, but have added 70.6% in the ...