ORTING, Wash.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in desirable Orting, Washington.
STOCKTON, Calif.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in a desirable Southeast Stockton, California location.
KB Home (KBH) closed the most recent trading day at $50.61, moving 4.49% from the previous trading session.
Residential Construction Industry | Consumer Cyclical Sector | Mr. Jeffrey T. Mezger CEO | XSTU Exchange | US48666K1097 ISIN |
US Country | 2,384 Employees | 6 Feb 2025 Last Dividend | 29 Apr 2005 Last Split | 1 Jan 1987 IPO Date |
KB Home stands as a prominent homebuilding company within the United States, offering its services through four distinct segments: West Coast, Southwest, Central, and Southeast. This diversified operation enables the company to cater to a wide array of customer needs across various key regions, including Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, Texas, and Washington. Originally established in 1957 and initially known as Kaufman and Broad Home Corporation, the entity transitioned to its current name, KB Home, in January 2001. With its headquarters situated in Los Angeles, California, KB Home has carved out a significant presence in the homebuilding sector, driven by its commitment to quality, innovation, and customer satisfaction.
KB Home specializes in constructing and selling a diverse range of homes, which includes attached and detached single-family residential homes, townhomes, and condominiums. The company primarily targets first-time homebuyers, first and second move-up homebuyers, and active adult homebuyers. This stratified approach allows KB Home to serve the varying needs of different demographics, ensuring that each customer finds the ideal home that fits their lifestyle, preferences, and financial considerations.
In addition to its homebuilding activities, KB Home extends a variety of financial services to its customers. This suite of services encompasses the provision of insurance products and title services designed to facilitate a seamless home-buying process. More so, KB Home offers mortgage banking services, which include originating residential consumer mortgage loans for homebuyers. By delivering these financial solutions, KB Home not only simplifies the purchasing journey for its customers but also enhances their overall experience by addressing key financial aspects integral to acquiring a new home.