|Bid||44.75 x 200|
|Ask||45.57 x 300|
|Day's Range||45.14 - 46.06|
|52 Week Range||30.51 - 53.32|
|PE Ratio (TTM)||17.02|
|Earnings Date||Apr 18, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||0.50 (1.10%)|
|1y Target Est||56.80|
Home builders are getting set to construct more units than they have at any time since the recession, based on building permits, but it comes at a curious moment: Mortgage rates are rising faster than they have in years—which means builders are unlikely to get the same prices they would have a year ago. Housing starts soared 9.7% to 1.33 million, well ahead of expectations for 1.23 million and last month's count of 1.19 million, according to the Commerce Department. Building permits, an indicator of future growth, soared 7.4% to 1.4 million.
U.S. homebuilding rose to more than a one-year high in January, boosted by strong increases in the construction of both single- and multi-family housing units, and further gains are likely with building permits surging to their highest level since 2007. Other data on Friday showed a jump in import prices last month amid solid increases in the costs of petroleum and a range of other goods, bolstering expectations that inflation will accelerate this year. Housing starts jumped 9.7 percent to a seasonally adjusted annual rate of 1.326 million units, the Commerce Department said.
Stock Monitor: Beazer Homes USA Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 15, 2018 / Active-Investors.com has just released a free earnings report on D.R. Horton, Inc. (NYSE: DHI ). If ...
Forestar Group Inc. has sold $232 million of homes and land to the East Coast investment firm that had tried to acquire the Austin real estate company in 2017. In a Thursday securities filing , Forestar said it offloaded 20 community development projects to an affiliate of Starwood Capital Group and an affiliate of Land Strategies Management. The 20 community development projects total about 750 home lots that are developed or under development as well 4,000-plus undeveloped lots, plus 730 acres and an ownership stake in a multifamily property in Katy, Texas.
Rising interest rates, and the resulting higher mortgage costs, have made some market observers cautious about the prospects for new home sales. Others, including several MoneyShow.com contributors, are ...
Zacks Market Edge Highlights: Lumber Liquidators, DR Horton, JP Morgan, H&E Equipment and EOG
Zacks Industry Outlook Highlights: iShares U.S. Home Construction, SPDR S&P Homebuilders, KB Home, Lennar and D.R. Horton
D.R. Horton's fiscal first-quarter earnings per share rose 40% vs. a year earlier, well above estimates. But several housing stocks hit 50-day line resistance
D.R. Horton, the biggest U.S. homebuilder, introduced Express brand - a lower-margin business which mainly caters to first-time buyers - at a time when rising land prices made homebuilders wary of building cheaper homes and strict lending standards were limiting buyers' ability to raise credit. D.R. Horton said the unit is expected to grow at least 10 percent to 15 percent over the next three years. "While the new tax laws may affect the upper-end home buyers and owners, there is enough demand strength for less-expensive homes, particularly in first-time homes, to keep the industry growing in 2018," Moody's Investors Service Vice President Joseph Snider wrote in a note published earlier this month.
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of DR Horton Inc (NYSE:DHI) as an investment opportunity. Anyone interestedRead More...
D.R. Horton Inc reported first-quarter profit and revenue on Wednesday above Wall Street estimates as the biggest U.S. homebuilder sold more homes, sending its shares up as much as 5.6 percent in morning ...
D.R. Horton, Inc.'s (DHI) Q1 earnings and revenues surpass the Zacks Consensus Estimate, courtesy of a solid housing market scenario.
D.R. Horton Inc. (DHI) reported fiscal first quarter adjusted earnings of 77 cents per share, beating the Zacks Consensus Estimate of 64 cents.
D.R. Horton Inc reported an 8.5 percent drop in first-quarter profit on Wednesday as the No.1 U.S. homebuilder took a charge of $108.7 million due to changes in the tax law. Net income attributable to ...