52.29 0.00 (0.00%)
After hours: 4:48PM EDT
|Bid||52.00 x 800|
|Ask||52.60 x 1400|
|Day's Range||52.01 - 52.63|
|52 Week Range||32.39 - 53.53|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||12.56|
|Earnings Date||Nov 12, 2019|
|Forward Dividend & Yield||0.60 (1.15%)|
|1y Target Est||53.47|
Homebuilding stocks leapt to higher ground in the third quarter, underpinned by the rapid collapse in bond yields. Lower mortgage rates have made buying first homes more affordable for the millennial generation, who have had prior applications denied by risk-averse lenders.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
D.R. Horton, Inc. , America’s Builder, announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2019 on Tuesday, November 12, 2019 before the market opens.
D.R. Horton, Inc. (“D.R. Horton” or the “Company”) (DHI), America’s Builder, announced that it has priced a registered underwritten public offering of $500 million aggregate principal amount of 2.500% senior notes due 2024. The senior notes will pay interest semi-annually at a rate of 2.500% per year and will mature on October 15, 2024. D.R. Horton will use the net proceeds of the offering for general corporate purposes, which may include the redemption or repurchase prior to maturity of the Company’s 4.000% senior notes due February 15, 2020 (the “2020 Notes”).
Moody's Investors Service assigned a Baa3 rating to D.R. Horton, Inc.'s ("Horton") proposed $400 million senior unsecured notes due 2024. All other ratings of Horton remain unchanged. The transaction is credit positive as it extends Horton's debt maturity profile and is expected to result in lower interest expense.
Of all of the sectors and industries included in this list, homebuilder and construction-related companies had the toughest road to hoe, as evidenced by the 62% drop in the Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSE: NAIL) between September and December in 2018. Data as of Sept 23, 2019, Past performance is not indicative of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
The country's largest home builder will build houses in the community, which borders a lake and river on land that once housed a golf course.
Taylor Morrison (TMHC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Forestar Group Inc. (FOR) (“Forestar”) announced today the pricing of an underwritten public offering of 5,250,000 shares of its common stock, offered at a price to the public of $17.50 per share. Forestar has granted the underwriters a 30-day option to purchase up to an additional 787,500 shares of its common stock. Citigroup and J.P. Morgan are joint book-running managers and representatives of the underwriters for this offering.
Forestar Group Inc. (FOR) (“Forestar”) announced today that it is offering to sell 5,250,000 shares of its common stock in an underwritten public offering. As part of this offering, Forestar intends to grant the underwriters a 30-day option to purchase up to an additional 787,500 shares of its common stock. Citigroup and J.P. Morgan are joint book-running managers and representatives of the underwriters for this proposed offering.
As home prices continue to skyrocket in major cities, people are looking for alternative ways to invest in real estate, the tech company Roofstock is looking to solve that problem. It lets investors invest in single-family rental properties across the country online. Patrick Sisson, Curbed senior reporter, joins Yahoo Finance's On The Move to break down what's behind the trend.
Recent upbeat data shows the housing market is stabilizing. But behind the positive trend lies an alarming reality: right now there is more government-backed housing debt than at any other point in U.S. History and taxpayers are on the hook for most of the risk. Adrian Helfert, Westwood Director of Multi-asset Portfolios, joined Yahoo Finance's On The Move to discuss.