NYSE - Delayed Quote USD

D.R. Horton, Inc. (DHI)

146.12

-1.91

(-1.29%)

At close: April 24 at 4:00 PM EDT

145.00

-1.12

(-0.77%)

After hours: April 24 at 7:50 PM EDT

Decoding D.R. Horton Inc (DHI): A Strategic SWOT Insight

Insightful Analysis of D.R. Horton Inc's Financial Health and Market Position

GuruFocus.com yesterday

DHI
-1.29%
PulteGroup Stock Jumps on Earnings Beat. ‘Shortage of Several Million Homes’ Spurs Demand.

New home sales were strong in March, and shares of one large builder was rising after it beat quarterly earnings expectations. PulteGroup stock was up about 4% on Tuesday after the home builder reported first-quarter earnings and revenue that topped Wall Street estimates on strong demand. New home sales increased to a seasonally adjusted annual rate of 693,000, up 8.8% from the month prior, and beating expectations for a rate of 670,000.

Barrons.com yesterday

PHM
-0.44%
DHI
-1.29%
Housing market: Mortgage rates bear down on homebuilder stocks

Homebuilder confidence has held and remained the same in recent months as new home sales dropped. Mortgage rates have been at the root of many problems afflicting the US housing market and now they are starting to take a toll on homebuilder stocks; things could get even uglier as rates consistently move between 7% and realtors see mortgage rates going as high as 8% even. As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Wedbush Securities Equity Research SVP Jay McCanless describes the rate environment as having "gone from being pretty benign" at 2024's start to "much more negative now than we would've expected." McCanless outlines how homebuilders are operating in this rate-sensitive housing market and where he sees demand going based on the younger generations of homebuyers. "The group is carrying less debt than it was five years ago and especially ten years ago. They are building the homes certainly more efficiently than they were back then, but at the same time, it comes down to monthly payment and the builders, I think they've done a good job of trying to shrink the size of the homes that they're building, reduce the amenities that they're putting especially in some the starter homes," McCanless says. "But at the end of the day if the mortgage rate's gone up 100-something basis points like it has this year already, that's just going to reduce the size of the population that can potentially buy a home." Catch more of Yahoo Finance's Real Estate: The New Reality coverage this week, or watch this full episode here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 2 days ago

MTH
-2.21%
LGIH

CCS
This Bargain-Priced Homebuilder Stock Just Raised Its Guidance. Is It a Buy Now?

D.R. Horton just delivered a rock-solid earnings report. Here's why the stock can keep moving higher.

Motley Fool 3 days ago

DHI
-1.29%
Earnings Beat: D.R. Horton, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

D.R. Horton, Inc. ( NYSE:DHI ) just released its second-quarter report and things are looking bullish. D.R. Horton...

Simply Wall St. 4 days ago

DHI
-1.29%
D.R. Horton, Inc. (NYSE:DHI) Q2 2024 Earnings Call Transcript

D.R. Horton, Inc. (NYSE:DHI) Q2 2024 Earnings Call Transcript April 18, 2024 D.R. Horton, Inc. beats earnings expectations. Reported EPS is $3.54, expectations were $3.09. DHI isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning and welcome to the […]

Insider Monkey 5 days ago

DHI
-1.29%
Stock Market News for Apr 19, 2024

Wall Street ended mixed on Thursday, driven by economic data and inflation concerns, sparking speculation that the Federal Reserve could delay interest rate cut.

Zacks 5 days ago

COMP

^GSPC

^DJI
Q2 2024 Forestar Group Inc Earnings Call

Q2 2024 Forestar Group Inc Earnings Call

Thomson Reuters StreetEvents 5 days ago

FOR

DHI
-1.29%
D.R. Horton Inc (DHI) Q2 2024 Earnings Call Transcript Highlights: Robust Growth Amid Market ...

Discover how D.R. Horton Inc navigated rising insurance costs, mortgage rate changes, and market conditions to deliver strong Q2 results.

GuruFocus.com 6 days ago

DHI
-1.29%
Q2 2024 DR Horton Inc Earnings Call

Q2 2024 DR Horton Inc Earnings Call

Thomson Reuters StreetEvents 6 days ago

DHI
-1.29%
D.r. Horton (DHI) Q2 2024 Earnings Call Transcript

DHI earnings call for the period ending March 31, 2024.

Motley Fool 6 days ago

DHI
-1.29%
D.R. Horton (DHI) Stock Up on Q2 Earnings Beat, Orders Rise

D.R. Horton's (DHI) fiscal 2024 second-quarter performance benefits from limited affordable price points and favorable demographics. Inflation and mortgage/interest rates hurt.

Zacks 6 days ago

DHI
-1.29%
LEN-B

KBH
-1.25%
Housing: DR Horton raises 2024 outlook amid supply slowdown

DR Horton (DHI) shares are popping higher in Thursday's pre-market session — carrying into the market open — after blowing past fiscal second-quarter earnings estimates. The homebuilder boasted revenue of $9.11 billion and adjusted gains of $3.52 per share, raising its full-year outlook despite supply slowdowns. Yahoo Finance's Seana Smith and Brad Smith highlight how homebuilder stocks such as DR Horton are managing under elevated interest rates and mortgage rates, including home prices' influence on the broader US real estate market. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 days ago

DHI
-1.29%
Compared to Estimates, D.R. Horton (DHI) Q2 Earnings: A Look at Key Metrics

Although the revenue and EPS for D.R. Horton (DHI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks 6 days ago

DHI
-1.29%
D.R. Horton Stock Rises After Earnings Beat, Good News on Margins

Investors had worried that higher mortgage rates will make homes less affordable, pressuring builders to offer sales incentives.

Barrons.com 6 days ago

DHI
-1.29%
D.R. Horton (DHI) Q2 Earnings and Revenues Surpass Estimates

D.R. Horton (DHI) delivered earnings and revenue surprises of 14.29% and 10.19%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 6 days ago

DHI
-1.29%
UPDATE 2-D.R. Horton forecasts strong fiscal 2024 on tight supply of existing homes

Homebuilder D.R. Horton Inc raised its forecast for full-year revenue on Thursday, as tight supply of existing homes in the United States pushed buyers to opt for newly constructed houses. U.S. homeowners who had secured below 5% 30-year fixed mortgage rates during an era of cheap debt remain unwilling to list their homes and upgrade to a new house at a time when the rates are hovering at about 7% for months. D.R. Horton, which largely caters to entry-level buyers looking for affordable price points, was able to raise the average selling price per home by 2% to $380,400 in the second quarter on solid demand.

Reuters 6 days ago

DHI
-1.29%
D.R. Horton forecasts strong fiscal 2024 on tight supply of existing homes

(Reuters) -Homebuilder D.R. Horton Inc raised its forecast for full-year revenue on Thursday, as tight supply of existing homes in the United States pushed buyers to opt for newly constructed houses. U.S. homeowners who had secured below 5% 30-year fixed mortgage rates during an era of cheap debt remain unwilling to list their homes and upgrade to a new house at a time when the rates are hovering at about 7% for months. D.R. Horton, which largely caters to entry-level buyers looking for affordable price points, was able to raise the average selling price per home by 2% to $380,400 in the second quarter on solid demand.

Reuters 6 days ago

DHI
-1.29%
D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 Second Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

ARLINGTON, Texas, April 18, 2024--D.R. Horton reported that net income for its second fiscal quarter ended March 31, 2024 increased 29% to $3.52 per diluted share.

Business Wire 6 days ago

DHI
-1.29%
The Zacks Analyst Blog Highlights NVR, KB Home, Toll Brothers, D.R. Horton and PulteGroup

NVR, KB Home, Toll Brothers, D.R. Horton and PulteGroup are included in this Analyst Blog.

Zacks 6 days ago

PHM
-0.44%
^GSPC

DHI
-1.29%

Performance Overview

Return	DHI	S&P 500
YTD	-3.66%	+6.33%
1-Year	+38.30%	+22.70%
3-Year	+53.21%	+21.33%

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D.R. Horton, Inc. (DHI)

Decoding D.R. Horton Inc (DHI): A Strategic SWOT Insight

PulteGroup Stock Jumps on Earnings Beat. ‘Shortage of Several Million Homes’ Spurs Demand.

Housing market: Mortgage rates bear down on homebuilder stocks

This Bargain-Priced Homebuilder Stock Just Raised Its Guidance. Is It a Buy Now?

Earnings Beat: D.R. Horton, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

D.R. Horton, Inc. (NYSE:DHI) Q2 2024 Earnings Call Transcript

Stock Market News for Apr 19, 2024

Q2 2024 Forestar Group Inc Earnings Call

D.R. Horton Inc (DHI) Q2 2024 Earnings Call Transcript Highlights: Robust Growth Amid Market ...

Q2 2024 DR Horton Inc Earnings Call

D.r. Horton (DHI) Q2 2024 Earnings Call Transcript

D.R. Horton (DHI) Stock Up on Q2 Earnings Beat, Orders Rise

Housing: DR Horton raises 2024 outlook amid supply slowdown

Compared to Estimates, D.R. Horton (DHI) Q2 Earnings: A Look at Key Metrics

D.R. Horton Stock Rises After Earnings Beat, Good News on Margins

D.R. Horton (DHI) Q2 Earnings and Revenues Surpass Estimates

UPDATE 2-D.R. Horton forecasts strong fiscal 2024 on tight supply of existing homes

D.R. Horton forecasts strong fiscal 2024 on tight supply of existing homes

D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 Second Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

The Zacks Analyst Blog Highlights NVR, KB Home, Toll Brothers, D.R. Horton and PulteGroup

Performance Overview