KB Home (KBH) Stock Forecasts

From Yahoo Finance: 2025-04-11 06:35:00

KB Home, based in Los Angeles, is a major homebuilder operating in multiple states. They plan to expand to Atlanta soon. In FY24, they delivered 14,169 homes and made $6.9 billion in revenue. Their West Coast segment brought in 42% of homebuilding revenue with an average price of $679,300.

Most of KB Home’s sales target the lower-middle market, with half going to first-time buyers. Another quarter are buyers moving up from starter homes. The company’s strategy has been successful, with strong revenue and expansion plans. They are a key player in the American housing market, with a focus on affordability and accessibility.

Read more: KB Home (KBH) Stock Forecasts