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June 27, 2014
11:53 EDTKBHKB Home starting to see reemergence of first time home buyer
Says achieving growth targets. Says continuing to invest in land to promote future growth. Says housing market characterized by steady, moderate growth and levels which vary dramatically in strength from city to city. Expects community growth to accelerate in 2H, with over 80 openings planned. Expects revenue growth will continue to outpace unit growth. Says housing recovery "proceeding". Says seeing signs of loosening among mortgage companies. The company said it is pushing toward a stated goal of a gross margin over 20% and in operating income margin in excess of 10%. Says primary focus is on meeting 2016 needs and beyond. Comments made during the company's Q2 earnings results.
News For KBH From The Last 14 Days
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May 27, 2015
10:01 EDTKBHKB Home acquires property in Broomfield's North Park community
KB Home announced that it has acquired land from McWhinney, a Colorado-based real estate investment, management and development company, for a new KB Home community within the highly desirable North Park development in Broomfield. Land development is currently underway, with plans to open the new community this fall. KB Home currently plans to build 96 paired homes at North Park, offering four two-story floor plans that range in size from 1,443 to 1,682 square feet, can accommodate up to four bedrooms, two-and-a-half baths, and feature two-car garages. All KB homes at North Park will be built to exacting ENERGY STAR guidelines, making them among the most energy-efficient new homes available today. Pricing is anticipated to begin in the mid-$300,000s.
May 19, 2015
07:34 EDTKBHJPMorgan to hold a conference
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May 15, 2015
10:01 EDTKBHOn The Fly: Analyst Downgrade Summary
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08:32 EDTKBHKB Home downgraded to Market Perform from Outperform at Raymond James
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