42.49 -0.76 (-1.76%)
After hours: 7:25PM EDT
|Bid||0.00 x 1000|
|Ask||43.99 x 4000|
|Day's Range||42.49 - 43.33|
|52 Week Range||34.06 - 53.32|
|PE Ratio (TTM)||14.43|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||0.50 (1.20%)|
|1y Target Est||54.67|
D.R. Horton Inc. was the sole bidder in a state land trust auction on July 17, paying $31.4 million for 125 acres in Peoria. D.R. Horton (NYSE: DHI), which is based in Arlington, Texas, is the nation's largest volume homebuilder. Company officials told Phoenix Business Journal they are in the process of gathering information to provide more details on the types of homes to be built, to determine whether they will be single-family detached units or some type of multifamily project.
Stock Research Monitor: TOL, TPH, and BZH LONDON, UK / ACCESSWIRE / July 18, 2018 / If you want a free Stock Review on DHI sign up now at www.wallstequities.com/registration . Pre-market today, WallStEquities.com ...
From one viewpoint, Home Depot (NYSE:HD) is a slam-dunk buy. After all, there’s a school of thought that investing simply comes down to owning the best businesses and holding them for the long-term. As Warren Buffett put it, “It’s far better to own a wonderful business at a fair price than a fair business at wonderful price.” And it’s hard to argue that Home Depot isn’t a wonderful business.
A closely-watched gauge of sentiment among residential construction firms shows builders are caught between good conditions for their products and higher input costs thanks to Washington posturing.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DHI. Over the last one-month, outflows of investor capital in ETFs holding DHI totaled $860 million.
Johnson Development Corp. had a total of six communities — five in greater Houston and one in Arlington — earn a spot on RCLCO's list, the most out any other developer.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DHI. Over the last one-month, outflows of investor capital in ETFs holding DHI totaled $2.08 billion.
Recommending homebuilders' stocks isn't the contrarian call it used to be. Now the concern is that they might be overvalued. But I think they still have room to run.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DHI. Over the last one-month, outflows of investor capital in ETFs holding DHI totaled $1.33 billion.
According to the Census Bureau’s website, it takes six months to establish a trend in new home (DHI) sales, and there was no change in the new home sales (ITB) trend, according to the June report. The Census Bureau reported that the median sales price for new homes sold in May was $313,000 as compared to $312,000 in April, and the average home price in May was $368,500 as compared to $407,300 in April.
The changes to the number of building permits issued every month give investors an idea about the trends in the housing (REM) sector. The number of building permits issued every month also acts as a forward indicator for the economy because an increase in the number of building permits in any given month is a signal for increased activity in the housing sector (DHI) in the future, as construction (ITB) activity begins after a few months of issuing the permit. As per the June report, housing units (XHB) authorized by building permits were at a seasonally adjusted rate of 1.30 million, a decline of 4.6% from the revised April reading of 1.36 million units.
The improving conditions in the housing industry were evident again with the housing starts bouncing back in May. As per the June report, housing starts for May were reported to have increased by 5.0% in May after a 1.8% increase in March and a 7% decrease in February. The US Census Bureau and Department of Housing and Urban Development have reported housing starts for May at 1.35 million, a strong rebound from the April reading of 1.29 million. The increase in housing starts was fueled by the 11.3% increase in multi-family housing starts, while the single-family starts increased by 3.9%.
D.R. Horton, Inc. , America’s Builder, announced today that the Company will release financial results for its third quarter ending June 30, 2018 on Thursday, July 26, 2018 before the market opens.
National homebuilder DR Horton Inc. bought a 20-acre vacant property in far south Miami-Dade County near Florida City. Newport Development Partners, managed by Alex Meruelo and Luis Armona, sold the property at the southeast corner of Arthur Vining/Southwest 336th Street and Southwest 172nd Avenue for $4.
Texas companies fared very well on the 500 Most Valuable American Brands 2018 list – and the North Texas region raked in 29 companies on the list.
DR. Horton Inc. (NYSE:DHI) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In theRead More...
Housing market index falls two points from the prior month in June. Nonetheless, homebuilders remain confident about the upcoming period, given higher demand.
D.R. Horton's (DHI) solid order growth, acquisitions and improving SG&A leverage are likely to improve profit. However, rising land and labor costs pose a threat to the company's margins.
On Friday, June 15, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Taking into consideration Friday’s market sentiment, WallStEquities.com assessed the following Residential Construction equities this morning: Beazer Homes USA Inc. (NYSE: BZH), D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), and KB Home (NYSE: KBH). On Friday, shares in Atlanta, Georgia headquartered Beazer Homes USA Inc. recorded a trading volume of 333,164 shares.
A new list out from Bankrate.com says South Dakota is the best place to retire. The list was compiled factoring in cost of living, taxes and health care quality as well as weather, culture and crime. Yahoo Finance's Seana Smith, Ethan Wolff-Mann, Dion Rabouin and Dan Roberts discuss.