KB Home(KBH)
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KB Home(KBH) - 2023 Q4 - Annual Report
2024-01-19 00:00
业绩总结 - 公司在中国市场创下了iPhone收入纪录[30] - 公司净订单在第二季度增长36%,第三季度增长28%,第四季度增长17%[30] - 公司全职员工数量为2,205人,2022年为2,366人[31] 员工管理和发展 - 公司领导团队平均任职时间长,有助于保持业务管理的一致性和加强公司文化[32] - 公司致力于高道德标准,包括员工必须完成道德政策培训,并有专门的道德委员会和举报渠道[32] - 公司通过人才招聘和员工发展计划,不断吸引优秀人才,提高员工多样性和专业技能[32] 员工健康和安全 - 公司致力于提供安全的工作环境和员工健康计划,包括在线健康课程和福利项目[33] - 公司持续增强员工健康计划,包括月度健康挑战和网络研讨会,以加强员工内部联系[34] 可持续发展 - 公司在可持续发展方面取得了长足的进展,包括建立环境管理系统和监测趋势[35] - 公司致力于建造节能高效的房屋,通过使用太阳能、水资源和废物减少等技术来支持个人健康[35] 社会责任 - 公司与社会责任相关的项目包括:KB Cares慈善项目、与Sackcloth & Ashes合作捐赠毛毯、与National Forest Foundation合作种植树木、Building Talent Foundation合作推动年轻人和少数群体的教育和职业发展[39] 董事会和财务 - 公司董事会采用了投资者监护小组的原则,包括董事会对股东负责、股东享有投票权、董事会积极倾听股东意见并与股东进行对话[40] - 公司的管理激励结构与公司长期战略目标一致,员工股权奖励需要双重触发才能解锁[44] 财务风险 - 公司面临利率风险,固定利率债务的利率变动通常会影响债务工具的公允价值,但不会影响收益或现金流[157] - 公司目前不使用利率衍生工具来管理利率变动风险[157]
Why KB Home (KBH) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-01-18 00:16
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Is KB Home (KBH) a More Profitable Housing Pick Than MDC?
Zacks Investment Research· 2024-01-17 03:18
Despite challenges related to high interest rates, elevated mortgage rates and affordability issues faced by the Zacks Building Products - Home Builders industry, major industry players surged recently. Homebuilding companies have consistently revealed impressive quarterly results, expressing optimism about the growth of new orders and deliveries in the upcoming quarters.The Federal Reserve's decision to maintain interest rates at a 22-year high of 5.25-5.5% brings optimism to the housing market. This stabi ...
Here is What to Know Beyond Why KB Home (KBH) is a Trending Stock
Zacks Investment Research· 2024-01-15 23:32
KB Home (KBH) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this homebuilder have returned 0%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Building Products - Home Builders industry, which KB Home falls in, has gained 9%. The key question now is: What could be the stock's future direction?While media releases or ...
KB Home Announces the Grand Opening of Its Newest Community in Lancaster, California
Businesswire· 2024-01-12 21:00
LANCASTER, Calif.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Sonora, its latest new-home community in Lancaster, California. The desirable one-story homes at Sonora are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The community’s floor plans feature up to five bedrooms and two baths. What sets KB Home apart is the company’s f ...
KB Home Reports Drop In Fiscal Q4 Results, But Says Demand Rising as Mortgage Rates Fall
Investopedia· 2024-01-12 03:25
销售和利润情况 - KB Home在2024财年第四季度的销售和利润下降,主要是由于高利率削弱了需求,同时降低的售价和向购房者提供的让步也影响了利润率[2] - KB Home在最新季度的房屋交付量下降了10%,平均售价从$510,400降至$487,300,公司不得不降低价格以吸引购房者[4] CEO表态 - CEO Jeffrey Mezger表示,最近的抵押贷款利率下降提振了公司2024财年第一季度的订单,股价在过去一年中上涨了超过70%[1]
KB Home Stock Falls From Highs After Quarterly Report
Schaeffers Research· 2024-01-12 00:00
KB Home (NYSE:KBH) stock is slipping today, despite better-than-expected fourth-quarter results, after the homebuilding name announced a decrease in home selling prices and the number of homes delivered. Plus, Seaport Research downgraded KBH to "neutral" from "buy." No fewer than seven other analysts lifted their price targets, however, with the highest from UBS to $82. At last glance, KBH was down 3.6% at $60.91. Shares are falling from yesterday's roughly 18-year high of $64, but have added 70.6% in the ...
KB Home (KBH) Q4 Earnings & Revenues Top, Orders Up 176%
Zacks Investment Research· 2024-01-11 22:47
公司业绩 - KB Home在2023年第四季度取得了超出预期的业绩,连续四个季度的盈利和收入均超过了Zacks Consensus Estimate[1] - KB Home报告的调整后每股收益为1.85美元,超出了1.69美元的共识预期[4] - 总收入为16.7亿美元,超出了16.1亿美元的共识预期[5] 市场趋势 - KB Home预计2024年第一季度和整个2024年,房屋市场将有所改善,供应链中的正面趋势将持续[3] - 房屋建筑部门的收入为16.6亿美元,较去年同期下降了13.8%[6] - 净订单增长176%,价值为9.326亿美元,显示了改善的需求状况和较低的取消率[6] 订单情况 - 取消率为28%,较去年同期的68%有所下降[7] - 季末积压订单总数为5,510套房屋,较去年同期下降了28%[8] 财务状况 - 截至2023年末,债务资本比率为30.7%,较2022年末的33.4%有所下降[15] - KB Home在2023财年第四季度回购了约360万股普通股,总价值为1.618亿美元[16]
4 reasons to buy the dip in KB Home
MarketBeat· 2024-01-11 22:11
Key PointsKB Home had a better-than-expected quarter and gave favorable guidance. Shares are down on the news due to valuation, but a buy-the-dip opportunity is forming. Capital returns include an 11% YTD reduction in share count, with dividends and repurchases expected to remain strong in 2024. 5 stocks we like better than KB HomeKB Home NYSE: KBH is no high-yielding or hyper-growth stock, but there is more to capital returns and shareholder value than that. Despite numerous economic headwinds and widespre ...
KB Home(KBH) - 2023 Q4 - Earnings Call Transcript
2024-01-11 10:16
业绩总结 - KB Home 2023财年第四季度总收入为17亿美元,每股 diluted earnings 为1.85美元[9] - 2023年公司交付超过13,200套房屋,创造了64亿美元的收入和每股超过7美元的 diluted earnings[10] - 2023年全年房屋营收为63.7亿美元,超出了原本的预期[43] - 2023年第四季度房屋建筑营业利润为1.809亿美元,较去年同期的2.782亿美元下降[39] - 2023年第四季度房屋建筑营业利润率为10.9%,较2022年第四季度的14.4%下降[39] - 2023年第四季度房屋销售毛利率为20.7%,较2022年第四季度的23.9%下降[40] - 2023年第四季度销售、一般和管理费用比率为9.9%,较去年同期增加190个基点[41] - 2023年第四季度所得税费用为4930万美元,代表约25%的有效税率[42] 订单和交付 - 净订单在2023年第四季度受到利率上升的影响,但随着利率的下降,需求有了显著改善[15] - 公司2024年初的订单 backlog 超过5500套房屋,价值约27亿美元[14] - 公司预计2024年的交付将主要来自于今年上半年的净订单,预计将推动新的开工和库存房屋的销售[14] - 2024年第一季度前五周的净订单为904,较去年同期增长[15] 建造和成本 - 公司成功缩短了建造时间,有利于提高交付和收入表现[13] - 公司成功缩短了建造时间,从2019年底的8.5个月缩短到2023年底的5.5个月[23] - 通过缩短建造时间,公司成功降低了直接建造成本,每套房屋的平均节省约18000美元[24] - 公司的关键运营重点仍然是执行按订单建造模式,提供最佳价格和价值的组合,同时继续为买家提供高满意度[25] 财务和投资 - 公司在2023年底拥有大约56000个地块,其中40800个是公司拥有的[30] - 公司自2021年第三季度开始回购股票,已经回购了超过当时流通股的20%,平均价格为39.79美元每股[32] - 公司在2023年底拥有大约56000个地块,其中40800个是公司拥有的[30] - 公司在2023年底拥有大约56000个地块,其中40800个是公司拥有的[30] - 公司在2023年底拥有大约56000个地块,其中40800个是公司拥有的[30]