The Latest Breaking News from DHI

Despite increasing interest rates, D.R. Horton (DHI) continues to garner investor attention based on its strong fundamentals and stable growth prospects. In addition, the company’s recent acquisition could further assist it in achieving solid long-term growth and delivering robust shareholder returns. Read on.

D.R. Horton (NYSE:DHI) has outperformed the market over the past 20 years by 2.16% on an annualized basis producing an average annual return of 9.52%. Currently, D.R. Horton has a market capitalization of $25.39 billion.

D R Horton Inc (NYSE:DHI) reported second-quarter FY22 sales growth of 24.1% year-on-year to $8 billion, beating the consensus of $7.62 billion. Homes closed in the quarter increased 1% Y/Y to 19,828 homes. Net sales orders increased 10% Y/Y in value to $9.7 billion on 24,340 homes. The company's cancellation rate for the…

  D.R. Horton (NYSE:DHI) reported its Q2 earnings results on Tuesday, April 26, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Within the last quarter, D.R. Horton (NYSE:DHI) has observed the following analyst ratings:

Since mortgage rates are rising faster than expected, mortgage application volume is falling sharply. This is causing home sellers to lower their prices. Since the housing sector might continue witnessing a downtrend in the near term, we think it could be wise to avoid fundamentally weak housing stocks D.R. Horton…

Despite rising mortgage rates and supply chain disruptions, strong demand and lack of inventory are expected to keep the housing market red-hot this year. Therefore, homebuilding stocks D.R. Horton (DHI) and PulteGroup (PHM) should benefit in the upcoming months. But which of these stocks is a better buy now? Read…

JPMorgan analyst Michael Rehaut maintained an Overweight rating on D R Horton Inc (NYSE:DHI) shares and reduced the price target from $132 to $100, implying a 22.6% upside. The analyst expects several headwinds to persist for homebuilding stocks over the near to medium term. Rehaut takes a less constructive and more selective approach to the…

If history is any guide, there may be trouble ahead for shares of D.R. Horton (NYSE:DHI). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.