KBH
KB Home (NYSE: KBH) is relocating its headquarters out of California, becoming the latest high-profile home...
Article Summary
BUY- KB Home (NYSE: KBH) is relocating its headquarters out of California, becoming the latest high-profile home builder to leave the state.
- KB Home, which has been based in Los Angeles since 1963 and helped build its sprawling suburbs, is moving its main office to the Phoenix metropolitan area by spring 2027 in part to reduce costs and place its employees in a more affordable housing market.
- KB Home touted Arizona's business-friendly environment as a reason for the move but said it still plans to maintain six operating divisions in California, with the company having opened nine housing communities in Southern California in the last six months and plans to open 10 more by the end of 2026.
- The shares, which have been falling this year amid concern about the property market, have climbed around 1% since the announcement late Wednesday, closing little changed Tuesday at $51.93.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -13.6% | 25% | 0.0 ptsDeclining (-13.6%) - NOT a growth stock |
| EPS Growth Next 5Y ? | -0.1% | 25% | 0.0 ptsNegative (-0.1%) - Declining expectations |
| Target Price Upside ? | 6.1% | 20% | 35.0 ptsBelow Screener (6.1%) - Target: $55.08 vs Current: $51.93 |
| Gross Margin % ? | 17.9% | 15% | 20.0 ptsThin (17.9%) - Low-margin business |
| Drawdown from 52-Wk High ? | -24.4% | 15% | 40.0 ptsMild Pullback (-24.4%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About KBH
- KB Home is one of the largest and most trusted homebuilders in the United States.
- We operate in 49 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be the No 1 customer-ranked national homebuilder based on third-party buyer surveys.
- What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional homebuying experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford.
- As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR certified homes than any other builder, helping to lower the total cost of homeownership.