Recent Updates — KBH
On October 8, 2026, KB Home's compensation committee approved performance-based restricted stock unit (PSU) awards for named executive officers. Recipients can earn between 0% and 200% of their target shares based on a three-year performance period from December 1, 2026, to November 30, 2029. The payout is determined by cumulative adjusted earnings per share (40%), average adjusted return on invested capital (35%), and relative revenue growth against peers (25%). Awards include dividend equivalents paid in cash if shares are earned. Target grants range from 21,411 to 135,227 units. KB Home is a residential homebuilder operating primarily in the United States.
KB Home reported third-quarter results for the period ended August 31, 2026, with revenues of $1.30 billion and diluted earnings per share of $1.05. Revenues declined 20% year-over-year as homes delivered fell 19% to 2,732 units at an average selling price of $473,000. Net income was $65.3 million compared to $109.8 million in the prior-year quarter. The company repurchased 0.9 million shares for $50.0 million during the quarter, bringing total year-to-date buybacks to $175.0 million. Backlog increased 2% to 4,398 homes valued at $2.05 billion. Management reaffirmed full-year guidance for deliveries between 10,500 and 11,000 homes and housing revenues of $4.90 billion to $5.10 billion. KB Home is a major U.S. homebuilder operating in 50 markets.
KB Home announced its results of operations for the three months and six months ended May 31, 2026. The company is a residential homebuilder in the United States.