Profile: KB Home (KBH.N)

KBH.N on New York Stock Exchange

14.22USD
7:35pm BST
Change (% chg)

$-0.49 (-3.33%)
Prev Close
$14.71
Open
$14.53
Day's High
$14.70
Day's Low
$14.22
Volume
275,340
Avg. Vol
725,370
52-wk High
$18.09
52-wk Low
$11.76

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KB Home, incorporated on August 31, 1981 is a homebuilding company that constructs and sells homes through its operating divisions under the name KB Home. The Company operates through five operating segments, which includes four homebuilding segments and one financial services segment. Its homebuilding segments include West Coast, Southwest, Central and Southeast. The Company delivered approximately 7,215 homes through its four homebuilding segments. The Company's financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers. The Company also provides title services in the majority of its markets located within Central and Southeast homebuilding reporting segments. This segment also offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through Home Community Mortgage, LLC (HCM).

Homebuilding segments

The Company's homebuilding segment is engaged in the acquisition and development of land for residential purposes. The Company offers a variety of homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. The Company offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. Its homebuilding reporting segments consist of ongoing operations located in the West Coast - California; the Southwest - Arizona, Nevada and New Mexico; the Central - Colorado and Texas, and the Southeast - Florida, Maryland, North Carolina and Virginia.

Financial services segment

The Company's financial services segment offers property and casualty insurance and in certain instances, earthquake, flood and personal property insurance to the Company's homebuyers in the same markets as its homebuilding segment. The Company also provides title services within the Central and Southeast market regions. This segment also offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through Home Community Mortgage, LLC (HCM).

Company Address

KB Home

10990 Wilshire Blvd
LOS ANGELES   CA   90024
P: +1310.2314000
F: +1310.2314222

Company Web Links

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