|Bid||35.39 x 2900|
|Ask||41.48 x 4000|
|Day's Range||35.72 - 37.49|
|52 Week Range||35.72 - 53.32|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||10.53|
|Earnings Date||Nov 8, 2018|
|Forward Dividend & Yield||0.50 (1.33%)|
|1y Target Est||51.33|
Jim Cramer and technician Rob Moreno give investors three distinct strategies for investing based on how long-term interest rates move in the near future.
DR Horton Inc (NYSE:DHI) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back Read More...
Investing.com - The S&P 500 closed flat on Wednesday as the Federal Reserve's minutes pointed to further monetary tightening, while a slump in oil prices pressured energy stocks.
Investing.com - Home Depot (NYSE:HD) and other housing-leveraged stocks fell in midday trading following disappointing data on home construction.
Icon, which took South by Southwest by storm with a home that took less than two days to build, took a major step forward this week on its mission to fight the global housing crisis with 3D printing. D.R. Horton, the largest homebuilder in the U.S., is on board along with Vulcan Capital, the investment firm of the late Microsoft co-founder and philanthropist Paul Allen and a Middle East firm that developed the world's tallest building.
The Sacramento Municipal Utility District and national homebuilder D.R. Horton Inc. have formed a partnership to build an energy-efficient subdivision with all-electric power.
NEW YORK, Oct. 11, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
U.S. homebuilder D.R. Horton Inc on Tuesday forecast fiscal 2018 home sales and orders below Wall Street estimates, as rising home prices and mortgage rates hurt ordinary Americans' ability to borrow. While U.S. homebuilders have enjoyed robust demand, a short supply of homes and higher labor and raw material costs are forcing builders to raise prices of homes, making them less affordable at the same time as rises in Federal Reserve interest rates increase the cost of borrowing. Mortgage rates are edging closer to the 5 percent threshold for the first time in years and the combination of these factors has raised concerns about a slowdown in the industry in 2019 as overall job growth is also expected to moderate.
Homebuilding stocks are getting crushed, and they could continue to be in the penalty box as interest rates rise, making the cost of homes more expensive.
Shares of D.R. Horton Inc. fell 1.9% in light premarket trade Tuesday, after the home builder provided fourth-quarter sales data that was below expectations. The company said homes closed or 11% to 14,674 homes and home sales revenue grew 9% to $4.4 billion. The FactSet consensus for home sales was $4.6 billion and for home deliveries was 15,117. Net sales orders increased 11% to 11,509 homes, and the value of sales orders rose 10% to $3.4 billion, while the FactSet consensus for new orders was 11,430 and the value of new orders was $3.5 billion. The cancellation rate increased to 26% from 25%. The company is scheduled to report full fourth-quarter results on Nov. 13. The stock has lost 2.8% over the past three months, while the SPDR S&P Homebuilders ETF has lost 8.6% and the S&P 500 has gained 3.6%.
U.S. homebuilder D.R. Horton Inc said on Tuesday it expects to sell 51,857 homes in fiscal 2018, an increase of 13 percent from a year earlier. Orders, a key indicator of future revenue for homebuilders, ...
Company to Release Full 2018 Fourth Quarter and Fiscal Year Results on November 8, 2018
Wildcat Ranch, located in Kaufman County and coming in at 903 acres, has been purchased by “an affiliation of several experienced development and investment professionals."
D.R. Horton's (DHI) accretive acquisitions, robust backlog, cost-saving strategies as well as well-stocked inventory of land, lots and homes bode well.
Despite the recent hike in interest rate and other supply constraints, the housing space stands to rake in profits in 2018 on greater demand and modest consumer spending.
U.S. new home sales rebound in August after two straight months of decline. This calls for investment in top-ranked homebuilding companies.
Investing.com - Home builders were on the back foot midday Wednesday on fears a rising interest rate environment could put the brakes on an already slowing U.S. housing market.
There are many reasons why home builder stocks have taken a beating, but many analysts believe they still have great business fundamentals.
Home builder stocks were broadly lower Monday, as mortgage-finance company Freddie Mac said the U.S. housing market had "essentially stalled." The iShares U.S. Home Construction ETF slumped 0.8% in morning trade, with 39 of its 47 equity components trading lower. Among the more active home builders, shares of PulteGroup Inc. shed 1.2%, of D.R. Horton Inc. gave up 0.5%, of Lennar Corp. lost 0.8% and of Toll Brothers Inc. fell 1.2%, while KB Home's stock climbed 1.5%. Elsewhere, shares of home improvement retailers Home Depot Inc. declined 0.8% and of Lowe's Companies dropped 1.0%. Freddie Mac said despite slightly improving inventory conditions and home price pressures, it now expects home sales in 2018 to be "just below" last years's level. "The spring and summer home buying and selling season ultimately ended up being a letdown, despite a faster growing economy and healthy demand for buying a home," said Freddie Mac Chief Economist Sam Khater. "Unfortunately, too many would-be buyers continue to be tripped up by not enough affordable supply and the one-two punch of much higher home prices and mortgage rates." The home builder ETF has lost 16% year to date, while the S&P 500 has gained 9.2%.
The Zacks Analyst Blog Highlights: PulteGroup, PGT Innovations, D.R. Horton, Comfort Systems USA and Armstrong Flooring