The Latest Breaking News from DHI

D.R. Horton (NYSE:DHI) has outperformed the market over the past 5 years by 6.57% on an annualized basis producing an average annual return of 17.72%. Currently, D.R. Horton has a market capitalization of $26.49 billion.

D.R. Horton (NYSE:DHI) has outperformed the market over the past 10 years by 3.96% on an annualized basis producing an average annual return of 15.54%. Currently, D.R. Horton has a market capitalization of $25.00 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.

House prices hit record highs in 2021 on robust demand and low-interest rates. And the trend is expected to continue in 2022. Thus, it could be profitable to invest in homebuilding stocks NVR, Inc (NVR) and Hovnanian (HOV). However, supply shortages and rising mortgage rates might adversely impact fundamentally bleak…

With more people seeking to upgrade their living spaces, the demand for home building products and services is expected to rise. So, Lennar Corporation (LEN) and D.R. Horton, Inc. (DHI) should benefit. But which of these two stocks is a better buy now? Read more to find out.