KB Home: Very Strong Demand Environment [Seeking Alpha]
KB Home (KBH)
Last kb home earnings: 3/26 04:10 pm
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US:NYSE Investor Relations:
investor.kbhome.com
Company Research
Source: Seeking Alpha
I expect KBH to experience solid demand and improving operating conditions. Recent results show outstanding unit order growth, increasing online leads, and improving health of home buyers, indicating sustained demand momentum. Overview My recommendation for KB Home ( NYSE: KBH ) is a buy rating, as I expect KBH to see strong revenue growth acceleration in FY24 vs. FY23, given a solid demand environment and an improving customer credit score. The improving operating conditions should also lead to margin expansion, driving elevated EBITDA growth. Put together, these should eventually push the market to value KBH at a higher multiple. Business KBH builds single-family homes for the US population that is looking to purchase their first home or their first move-up home. The principal market for KBH is the West Coast, where it derives 38% of revenue in 1Q24, followed by the Southwest (22%), Central (22%), and Southeast (18%). The nature of KBH's business means that its financial
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KBH
News
- KB Home (KBH) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
- Is KB Home (KBH) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- KB Home (KBH) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- KB Home (NYSE:KBH) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]Yahoo! Finance
- 25 States with Highest Mortgage Delinquency Rates [Yahoo! Finance]Yahoo! Finance
KBH
Earnings
- 3/20/24 - Beat
KBH
Sec Filings
- 4/24/24 - Form 8-K
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- KBH's page on the SEC website