KBH Stock Recent News
KBH LATEST HEADLINES
Zacks.com users have recently been watching KB Home (KBH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CNBC's Diana Olick visits KB Home's first fire resilient community in California.
California-based KB Home is unveiling what it calls its first "wildfire-resilient" community, meeting standards that protect the homes against the three major sources of ignition during a wildfire. As climate change causes more severe drought in more areas of the country, focus is shifting to fire-resistant homes and communities.
LOS ANGELES--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today unveiled the nation's first new-home community that meets the home- and neighborhood-level wildfire resilience standards developed by the Insurance Institute for Business & Home Safety (IBHS), an independent nonprofit research organization dedicated to protecting homes and communities against natural disasters. Utilizing fire-resistant building materials, methods and featur.
I downgrade KB Home to sell due to uncertain earnings outlook amid worsening macro headwinds and poor housing demand indicators. KBH's 1Q25 earnings showed a decline in revenue, net orders, and profitability, with increased inventory and rising cancellation rates. The recovery in sales pace was driven by unsustainable price reductions, not organic demand, pressuring margins and earnings.
Shares of KB Home KBH were rising in early trading on Wednesday, after tanking in the previous session on the company's downbeat fiscal first-quarter revenues.
KBH stock tumbles on dismal first-quarter fiscal 2025 results. Read more to learn about the factors and the quarterly performance.
KB Home (NYSE:KBH) shares moved lower after the US homebuilder reported an earnings miss for the first quarter and lowered its 2025 sales guidance. For fiscal 2025, the company now expects housing revenue in the range of $6.6 billion to $7 billion, down from its previous forecast of $7 billion to $7.5 billion.
Homebuilder KB Home (NYSE:KBH) reported worse-than-expected fiscal first-quarter earnings and revenue after the close yesterday, slashing its fiscal 2025 revenue outlook as well.
KB Home (KBH) slipped off its earnings as macro headwinds pin pressure on sales. Jenny Horne talks about other factors plaguing the stock, from generational homeowning trends to persistent macro headwinds.