KB Home Launches Five New Communities in Henderson
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy KBH?
Source: PRnewswire
- New Community Opening: KB Home has launched five new communities within the Meriden master plan in Henderson, with prices starting in the mid $300Ks, offering personalized housing options that cater to strong homeownership demand and stimulate local economic growth.
- Prime Location: The Meriden community is centrally located in Henderson, providing convenient access to Interstates 11 and 215, which connect residents to major employment centers in Las Vegas and Harry Reid International Airport, enhancing overall living convenience.
- Modern Design: The homes in the new community are designed for contemporary living, featuring modern kitchens and spacious bedroom suites, with buyers able to personalize their choices at the KB Home Design Studio, ensuring their needs and budgets are met.
- Sustainability Commitment: KB Home's houses are engineered for high energy efficiency and meet ENERGY STAR® standards, offering greater comfort and utility savings, thereby helping buyers reduce long-term living costs and showcasing the company's leadership in sustainability.
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Analyst Views on KBH
Wall Street analysts forecast KBH stock price to rise
9 Analyst Rating
2 Buy
6 Hold
1 Sell
Hold
Current: 52.220
Low
50.00
Averages
58.38
High
71.00
Current: 52.220
Low
50.00
Averages
58.38
High
71.00
About KBH
KB Home is a homebuilding company, which builds a variety of new homes, including attached and detached single-family residential homes, townhomes and condominiums, designed primarily for first-time and first move-up, as well as second move-up and active adult homebuyers. It offers homes in development communities, in urban in-fill locations and as part of mixed-use projects. The Company's segments include homebuilding and financial services. The homebuilding segment is engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers various insurance products to its homebuyers in the markets where the Company builds homes and provides title services in certain of those markets. Its financial services also provide mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through KBHS Home Loans, LLC, an unconsolidated joint venture between the Company and a third party.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
KB Home Opens New Communities in Nevada
- New Community Launch: KB Home has unveiled five new communities within the Meriden master plan in Henderson, Nevada, with prices starting from the mid $300,000s, offering personalized housing options that cater to strong homeownership demand and are expected to stimulate local economic growth.
- Convenient Location: The new communities are strategically located at the intersection of West Galleria Street and North Stephanie Street, providing easy access to Interstates 11 and 215, which connect residents to major employment centers in Las Vegas and Harry Reid International Airport, enhancing overall living convenience.
- Modern Design: The homes are designed for contemporary living, featuring modern kitchens and spacious bedroom suites, with buyers able to personalize their selections at the KB Home Design Studio, ensuring their homes reflect their personal style and budget, thereby increasing customer satisfaction.
- Sustainability Focus: KB Home's houses are designed to meet ENERGY STAR® certification standards, showcasing high energy and water efficiency, which provides a more comfortable living environment and lower utility costs, reflecting the company's leadership in sustainable building practices.
See More
KB Home Launches Five New Communities in Henderson
- New Community Opening: KB Home has launched five new communities within the Meriden master plan in Henderson, with prices starting in the mid $300Ks, offering personalized housing options that cater to strong homeownership demand and stimulate local economic growth.
- Prime Location: The Meriden community is centrally located in Henderson, providing convenient access to Interstates 11 and 215, which connect residents to major employment centers in Las Vegas and Harry Reid International Airport, enhancing overall living convenience.
- Modern Design: The homes in the new community are designed for contemporary living, featuring modern kitchens and spacious bedroom suites, with buyers able to personalize their choices at the KB Home Design Studio, ensuring their needs and budgets are met.
- Sustainability Commitment: KB Home's houses are engineered for high energy efficiency and meet ENERGY STAR® standards, offering greater comfort and utility savings, thereby helping buyers reduce long-term living costs and showcasing the company's leadership in sustainability.
See More
Global Stock Markets Surge on Iran Ceasefire Agreement
- Market Sentiment Rebound: Global stock markets surged on Wednesday as the US and Iran agreed to a two-week ceasefire, with the S&P 500 rising 2.51%, the Dow Jones up 2.85%, and the Nasdaq 100 increasing by 2.90%, reflecting a positive market response to easing geopolitical tensions.
- Crude Oil Price Plunge: The ceasefire news led to a more than 15% drop in crude oil prices to a 1.5-week low, alleviating inflation concerns and sparking a rally in global government bond markets, with the German 10-year Bund yield falling to a 3-week low, indicating a more optimistic outlook for the economy.
- Fed Policy Expectations: Although the market discounts only a 1% chance of a 25 bp rate hike at the upcoming April 28-29 FOMC meeting, the minutes from the March FOMC indicated heightened concerns among participants regarding upside risks to inflation and downside risks to employment, suggesting a more cautious approach to future monetary policy.
- Strong Tech Stock Performance: Chipmakers and AI infrastructure stocks saw significant gains on Wednesday, with Intel rising over 11%, driving the Nasdaq 100's increase, highlighting the tech sector's crucial role in the market recovery and further boosting investor confidence in technology stocks.
See More
KB Home Relocates Headquarters to Arizona
- Headquarters Relocation: KB Home announced plans to relocate its headquarters from Los Angeles to Tempe, Arizona, in spring 2027, aiming to centralize executive leadership and key functions to lower cost structures and enhance operational efficiency.
- Business-Friendly Environment: The new headquarters in the Phoenix metro area is expected to further improve operational efficiency and support long-term profitability, with CEO Robert McGibney emphasizing that this move fosters team collaboration.
- Accessibility: Located at Hayden Ferry Lakeside, the new headquarters offers convenient access to major transportation hubs, including Phoenix Sky Harbor International Airport, providing a geographically central and accessible base to support the company's nationwide operations.
- Commitment to California: Despite the relocation, KB Home will maintain a significant presence in California with six operating divisions and over 100 communities open statewide, reaffirming its commitment to serving California homebuyers.
See More
KB Home Relocates Headquarters to Arizona
- Headquarters Relocation: KB Home announced plans to relocate its headquarters from Los Angeles to Tempe, Arizona, in spring 2027, aiming to centralize executive leadership and key functions to lower cost structures and enhance operational efficiency.
- Business-Friendly Environment: The new headquarters in the Phoenix metro area is expected to further improve efficiency and support long-term profitability, with CEO Robert McGibney stating that the move will foster greater collaboration among teams.
- Accessibility: Located at Hayden Ferry Lakeside in Tempe, the new headquarters offers convenient access to major transportation hubs, including Phoenix Sky Harbor International Airport, providing better logistical support for the company's nationwide operations.
- Commitment to California: Despite the relocation, KB Home will maintain a significant presence in California, continuing to operate six divisions and serving California homebuyers with over 100 communities currently open statewide.
See More
Global Stock Markets Surge on Iran Ceasefire Agreement
- Market Sentiment Rebounds: Global stock markets surged as the US and Iran agreed to a two-week ceasefire, with the S&P 500 rising 2.04%, the Dow Jones up 2.25%, and the Nasdaq 100 increasing by 2.52%, indicating a renewed investor confidence in risk assets.
- Crude Oil Price Plunge: The ceasefire news led to a more than 15% drop in crude oil prices to a 1.5-week low, alleviating inflation concerns and sparking a rally in global government bond markets, with the German 10-year Bund yield falling to a 3-week low, reflecting market expectations of a potential economic slowdown.
- US Treasury Yields Decline: The 10-year US Treasury yield fell to 4.228%, a 3-week low, as concerns over inflation eased, indicating increased demand for safe-haven assets, while also supporting the upcoming $39 billion auction of 10-year notes.
- Strong Performance in Tech Stocks: Amid the positive market sentiment, technology stocks performed strongly, with Amazon, Meta, and Alphabet all rising over 3%, showcasing sustained investor confidence in the tech sector, which may drive future investment inflows.
See More
KB Home Opens New Communities in Nevada
- New Community Launch: KB Home has unveiled five new communities within the Meriden master plan in Henderson, Nevada, with prices starting from the mid $300,000s, offering personalized housing options that cater to strong homeownership demand and are expected to stimulate local economic growth.
- Convenient Location: The new communities are strategically located at the intersection of West Galleria Street and North Stephanie Street, providing easy access to Interstates 11 and 215, which connect residents to major employment centers in Las Vegas and Harry Reid International Airport, enhancing overall living convenience.
- Modern Design: The homes are designed for contemporary living, featuring modern kitchens and spacious bedroom suites, with buyers able to personalize their selections at the KB Home Design Studio, ensuring their homes reflect their personal style and budget, thereby increasing customer satisfaction.
- Sustainability Focus: KB Home's houses are designed to meet ENERGY STAR® certification standards, showcasing high energy and water efficiency, which provides a more comfortable living environment and lower utility costs, reflecting the company's leadership in sustainable building practices.
See More
KB Home Launches Five New Communities in Henderson
- New Community Opening: KB Home has launched five new communities within the Meriden master plan in Henderson, with prices starting in the mid $300Ks, offering personalized housing options that cater to strong homeownership demand and stimulate local economic growth.
- Prime Location: The Meriden community is centrally located in Henderson, providing convenient access to Interstates 11 and 215, which connect residents to major employment centers in Las Vegas and Harry Reid International Airport, enhancing overall living convenience.
- Modern Design: The homes in the new community are designed for contemporary living, featuring modern kitchens and spacious bedroom suites, with buyers able to personalize their choices at the KB Home Design Studio, ensuring their needs and budgets are met.
- Sustainability Commitment: KB Home's houses are engineered for high energy efficiency and meet ENERGY STAR® standards, offering greater comfort and utility savings, thereby helping buyers reduce long-term living costs and showcasing the company's leadership in sustainability.
See More
Global Stock Markets Surge on Iran Ceasefire Agreement
- Market Sentiment Rebound: Global stock markets surged on Wednesday as the US and Iran agreed to a two-week ceasefire, with the S&P 500 rising 2.51%, the Dow Jones up 2.85%, and the Nasdaq 100 increasing by 2.90%, reflecting a positive market response to easing geopolitical tensions.
- Crude Oil Price Plunge: The ceasefire news led to a more than 15% drop in crude oil prices to a 1.5-week low, alleviating inflation concerns and sparking a rally in global government bond markets, with the German 10-year Bund yield falling to a 3-week low, indicating a more optimistic outlook for the economy.
- Fed Policy Expectations: Although the market discounts only a 1% chance of a 25 bp rate hike at the upcoming April 28-29 FOMC meeting, the minutes from the March FOMC indicated heightened concerns among participants regarding upside risks to inflation and downside risks to employment, suggesting a more cautious approach to future monetary policy.
- Strong Tech Stock Performance: Chipmakers and AI infrastructure stocks saw significant gains on Wednesday, with Intel rising over 11%, driving the Nasdaq 100's increase, highlighting the tech sector's crucial role in the market recovery and further boosting investor confidence in technology stocks.
See More
KB Home Relocates Headquarters to Arizona
- Headquarters Relocation: KB Home announced plans to relocate its headquarters from Los Angeles to Tempe, Arizona, in spring 2027, aiming to centralize executive leadership and key functions to lower cost structures and enhance operational efficiency.
- Business-Friendly Environment: The new headquarters in the Phoenix metro area is expected to further improve operational efficiency and support long-term profitability, with CEO Robert McGibney emphasizing that this move fosters team collaboration.
- Accessibility: Located at Hayden Ferry Lakeside, the new headquarters offers convenient access to major transportation hubs, including Phoenix Sky Harbor International Airport, providing a geographically central and accessible base to support the company's nationwide operations.
- Commitment to California: Despite the relocation, KB Home will maintain a significant presence in California with six operating divisions and over 100 communities open statewide, reaffirming its commitment to serving California homebuyers.
See More
KB Home Relocates Headquarters to Arizona
- Headquarters Relocation: KB Home announced plans to relocate its headquarters from Los Angeles to Tempe, Arizona, in spring 2027, aiming to centralize executive leadership and key functions to lower cost structures and enhance operational efficiency.
- Business-Friendly Environment: The new headquarters in the Phoenix metro area is expected to further improve efficiency and support long-term profitability, with CEO Robert McGibney stating that the move will foster greater collaboration among teams.
- Accessibility: Located at Hayden Ferry Lakeside in Tempe, the new headquarters offers convenient access to major transportation hubs, including Phoenix Sky Harbor International Airport, providing better logistical support for the company's nationwide operations.
- Commitment to California: Despite the relocation, KB Home will maintain a significant presence in California, continuing to operate six divisions and serving California homebuyers with over 100 communities currently open statewide.
See More
Global Stock Markets Surge on Iran Ceasefire Agreement
- Market Sentiment Rebounds: Global stock markets surged as the US and Iran agreed to a two-week ceasefire, with the S&P 500 rising 2.04%, the Dow Jones up 2.25%, and the Nasdaq 100 increasing by 2.52%, indicating a renewed investor confidence in risk assets.
- Crude Oil Price Plunge: The ceasefire news led to a more than 15% drop in crude oil prices to a 1.5-week low, alleviating inflation concerns and sparking a rally in global government bond markets, with the German 10-year Bund yield falling to a 3-week low, reflecting market expectations of a potential economic slowdown.
- US Treasury Yields Decline: The 10-year US Treasury yield fell to 4.228%, a 3-week low, as concerns over inflation eased, indicating increased demand for safe-haven assets, while also supporting the upcoming $39 billion auction of 10-year notes.
- Strong Performance in Tech Stocks: Amid the positive market sentiment, technology stocks performed strongly, with Amazon, Meta, and Alphabet all rising over 3%, showcasing sustained investor confidence in the tech sector, which may drive future investment inflows.
See More
