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    KBH   US48666K1097

KB HOME

(KBH)
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KB Home : Announces the Grand Opening of Magnolia Square, a New Gated Townhome Community in a Prime Orange County Location

05/14/2021 | 08:03am EDT

Homebuilder offers personalized, new homes in Buena Park, California, priced from the low $700,000s.

KB Home (NYSE: KBH) today announced the grand opening of Magnolia Square, a new, gated townhome community situated in a prime Orange County location. The new community is located in Buena Park, California, just off Interstate 5 near Highways 39 and 91, providing easy access to the area’s major employment centers and John Wayne Airport. Magnolia Square is also just minutes away from popular shopping, dining and entertainment and a short drive to Orange County’s popular beaches, attractions and outdoor recreation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210514005036/en/

KB Home announces the grand opening of Magnolia Square, a new gated townhome community in a prime Orange County location. (Photo: Business Wire)

KB Home announces the grand opening of Magnolia Square, a new gated townhome community in a prime Orange County location. (Photo: Business Wire)

The chic three-story townhomes showcase modern architecture and desirable design characteristics like large kitchens overlooking expansive great rooms, beautiful master suites with walk-in closets, and ample storage space. The community’s floor plans feature up to four bedrooms and three-and-a-half baths, and range in size from approximately 1,400 to 1,800 square feet.

“Magnolia Square is a new townhome community that features modern architecture in a prime Orange County location,” said Steve Ruffner, President of KB Home’s Coastal division. “The community offers customers a rare opportunity to purchase a new home in an area with limited inventory. Magnolia Square also provides convenient access to a variety of popular shopping, dining and entertainment venues and is only a short drive to world-famous attractions and beaches.”

KB Home stands out from other homebuilders as the company gives homebuyers exceptional choice and control. KB Home starts by offering a wide variety of homes at an affordable price. From there, the builder gives buyers the ability to personalize their homes from floor plans to exterior elevations, from design options to where they live in the community. The KB Home team works hand in hand with homeowners every step of the way so they have a real partner in the process.

Every KB home is designed to be ENERGY STAR® certified thanks to the quality construction techniques and materials utilized that ultimately deliver significant savings on utility bills compared to used homes. Additionally, all new KB homes are designed to deliver an enhanced indoor environment and include high performance ventilation systems, low- or zero-VOC products and other features guided by the Environmental Protection Agency’s (EPA) Indoor airPLUS standards.

The Magnolia Square sales office and model home are open for private in-person tours by appointment, and walk-in visits are welcome. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from the low $700,000s.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Today, KB Home operates in 45 markets across eight states, serving a wide array of buyer groups. What sets us apart is how we give our customers the ability to personalize their homes from homesites and floor plans to cabinets and countertops, at a price that fits their budget. We are the first builder to make every home we build ENERGY STAR® certified. In fact, we go beyond the EPA requirements by ensuring every ENERGY STAR certified KB home has been tested and verified by a third-party inspector to meet the EPA’s strict certification standards, which help to lower the cost of ownership and to make our new homes healthier and more comfortable than new ones without certification. We also work with our customers every step of the way, building strong personal relationships so they have a real partner in the homebuying process, and the experience is as simple and easy as possible. Learn more about how we build homes built on relationships by visiting kbhome.com.


ę Business Wire 2021
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Financials (USD)
Sales 2021 6 006 M - -
Net income 2021 559 M - -
Net Debt 2021 889 M - -
P/E ratio 2021 7,25x
Yield 2021 1,41%
Capitalization 3 911 M 3 911 M -
EV / Sales 2021 0,80x
EV / Sales 2022 0,63x
Nbr of Employees 1 776
Free-Float 82,5%
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 54,50 $
Last Close Price 42,57 $
Spread / Highest target 52,7%
Spread / Average Target 28,0%
Spread / Lowest Target 8,06%
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Managers and Directors
NameTitle
Jeffrey T. Mezger Chairman, President & Chief Executive Officer
Jeff J. Kaminski Chief Financial Officer & Executive Vice President
Daniel Bridleman Senior Vice President-Sustainability & Technology
Matthew Mandino Chief Operating Officer & Executive Vice President
Melissa B. Lora Lead Independent Director
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