KB Home

KB Home has named Casey Dare president of its Tampa division. Dare, who has been with KB Home for ten years and has more than 20 years of experience in the homebuilding industry, will oversee land acquisition, construction operations, sales and customer service in the region. He previously held several senior roles within the company; he holds a bachelor’s degree in psychology, an MBA, and served eight years as an officer in the US Army. KB Home plans to open four new single-family home communities in the Tampa area this year. » Więcej na de.investing.com

The board of directors of KB Home has declared a cash dividend of $0.25 per common share. The payment date is August 20, 2026, with a record date for shareholders of August 6, 2026. According to the data, KB Home has paid uninterrupted dividends for 41 years and currently offers a dividend yield of 1.77% with a market capitalization of $3.48 billion. » Więcej na de.investing.com

KB Home reported Q2 revenue of $1.11 billion (down 27% year-over-year), slightly above the $1.09 billion consensus. EPS was $0.43, in line with expectations. The backlog increased sequentially by 26% to 4,526 homes, and the company repurchased $75 million of stock. Despite margin pressure from price cuts, KB Home expects a positive trend in the second half of the year. » Więcej na finanzen.net