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D.R. Horton Inc. - DHI STOCK NEWS

Welcome to our dedicated page for D.R. Horton news (Ticker: DHI), a resource for investors and traders seeking the latest updates and insights on D.R. Horton stock.

D.R. Horton Inc. (Symbol: DHI) is a prominent homebuilding company headquartered in Arlington, Texas, with a strong presence in 118 markets across 33 states. Renowned as 'America's Builder', D.R. Horton specializes in constructing high-quality, distinctive homes, offering a wide array of options and amenities that stand out in the residential homebuilding industry.

Founded by Donald R. Horton in 1978, the company initially established itself within the Dallas/Fort Worth metroplex. By 1987, D.R. Horton began to strategically expand its operations into the nation’s most active homebuilding markets. Today, it is recognized as a national leader in the industry, thanks to its commitment to quality, flexible home designs, and affordable pricing.

The majority of D.R. Horton’s revenue comes from building single-family detached homes, catering to a diverse range of buyers including entry-level, move-up, luxury buyers, and active adults. To enhance the homebuying experience, D.R. Horton provides comprehensive mortgage financing and title agency services through its financial services segment.

D.R. Horton's organizational structure includes six regional segments, each focused on maintaining the company's high standards and facilitating seamless operations across different markets. This broad geographical footprint allows D.R. Horton to adapt to local market conditions and consumer preferences, ensuring sustained growth and market competitiveness.

In recent years, D.R. Horton has achieved significant milestones, driven by a strategic focus on market expansion and customer satisfaction. The company continues to innovate in home design and construction techniques, further solidifying its reputation for excellence in the homebuilding sector.

For the most updated news and developments about D.R. Horton, visit our latest news section below.

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D.R. Horton (NYSE:DHI), a leading homebuilder, will release its Q3 2024 financial results on July 18, 2024, before the market opens. The results will cover the quarter ending June 30, 2024. A conference call is scheduled for 8:30 a.m. ET on the same day, accessible via 888-506-0062 with access code 956414. Participants are advised to join five minutes early. The call will also be webcast on the company’s investor relations site, and a replay will be accessible at 877-481-4010 using passcode 50731. The teleconference replay will be available until July 25, 2024, and the webcast replay will be available until November 15, 2024.

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Forestar Group Inc. reported strong financial results for the second fiscal quarter of 2024, with net income increasing by 67% to $45.0 million, pre-tax income up by 64% to $58.9 million, and consolidated revenues rising by 11% to $333.8 million. Residential lots sold increased by 10% to 3,289 lots, and return on equity expanded by 320 basis points to 14.9%. The company's operational results showed growth in lots sold and controlled, with a positive outlook for future revenue generation and market share consolidation.
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D.R. Horton, Inc. reported strong fiscal 2024 second-quarter earnings with a 24% increase in net income to $1.2 billion and a 14% rise in consolidated revenues to $9.1 billion. The company also declared a quarterly dividend of $0.30 per share. Homebuilding operations saw revenue increase by 13% to $8.5 billion, with 22,548 homes closed. Rental operations generated $33.3 million in pre-tax income. Forestar, a subsidiary, sold 3,289 lots and generated $333.8 million in revenue. Financial services revenue was $225.6 million. The company repurchased 2.7 million shares of common stock for $402.2 million. D.R. Horton updated its fiscal 2024 guidance with consolidated revenues of $36.7 billion to $37.7 billion and homes closed by homebuilding operations of 89,000 to 91,000 homes.
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Forestar Group Inc. (FOR) will release its Q2 financial results on April 18, 2024, followed by a conference call. The call details and webcast information are provided for participants' convenience.
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D.R. Horton, Inc. (NYSE:DHI) will announce its Q2 financial results on April 18, 2024, with a conference call at 8:30 a.m. ET. The call details and webcast information are provided for participants.
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D.R. Horton, Inc. (NYSE:DHI) to present at Citi 2024 Global Industrial Tech and Mobility Conference, offering a webcast accessible via Investor Relations page. Replay available for viewing until April 30, 2024.
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Forestar Group Inc. reported an 84% increase in net income to $38.2 million and a 41% increase in consolidated revenues to $305.9 million for the first fiscal quarter ended December 31, 2023. The company's pre-tax income also surged by 84% to $51.2 million, and the pre-tax profit margin improved by 380 basis points to 16.7%. Forestar sold 3,150 residential lots, representing a 39% increase, and the return on equity stood at 14.1%. The company's outlook for fiscal 2024 includes delivering between 14,500 and 15,500 lots, generating $1.4 billion to $1.5 billion in revenue. Forestar's strong balance sheet and liquidity position it well to capitalize on land development opportunities.
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D.R. Horton, Inc. (NYSE:DHI) reported a solid first quarter for fiscal 2024, with net income of $947.4 million and consolidated revenues of $7.7 billion. The company saw an increase in homes closed, net sales orders, and rental operations pre-tax income. However, net income decreased by 1% compared to the same quarter of fiscal 2023, and the cancellation rate for sales orders increased to 19% from 27% in the prior year quarter.
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D.R. Horton, Inc. (NYSE:DHI) to Release Q1 2024 Financial Results on January 23, 2024
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Forestar Group Inc. (FOR) will release its first quarter financial results on January 23, 2024, followed by a conference call and webcast. The call will be held at 5:00 p.m. ET, with a replay available until January 30, 2024. The webcast replay will be accessible through April 30, 2024.
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FAQ

What is the current stock price of D.R. Horton (DHI)?

The current stock price of D.R. Horton (DHI) is $139.61 as of December 20, 2024.

What is the market cap of D.R. Horton (DHI)?

The market cap of D.R. Horton (DHI) is approximately 44.3B.

What is D.R. Horton known for?

D.R. Horton is known for building quality crafted, distinctive homes across the United States, with a focus on high standards and affordable pricing.

Where is D.R. Horton's headquarters located?

D.R. Horton's headquarters are located in Arlington, Texas.

What types of homes does D.R. Horton build?

D.R. Horton builds single-family detached homes, catering to entry-level, move-up, luxury buyers, and active adults.

Does D.R. Horton offer any financial services?

Yes, D.R. Horton offers mortgage financing and title agency services through its financial services segment.

How many markets does D.R. Horton operate in?

D.R. Horton operates in 118 markets across 33 states.

When was D.R. Horton founded?

D.R. Horton was founded in 1978 by Donald R. Horton.

What sets D.R. Horton apart from other homebuilders?

D.R. Horton is distinguished by its high-quality homes, flexible designs, attention to detail, and affordability.

What recent achievements has D.R. Horton accomplished?

D.R. Horton has achieved significant market expansion and innovation in home design and construction techniques.

What regional segments does D.R. Horton manage?

D.R. Horton manages six regional segments across the United States.

Why is D.R. Horton referred to as 'America's Builder'?

D.R. Horton is called 'America's Builder' due to its extensive reach and reputation for building quality homes across the nation.

D.R. Horton Inc.

NYSE:DHI

DHI Rankings

DHI Stock Data

44.32B
287.36M
10.35%
83.69%
2.53%
Residential Construction
Operative Builders
Link
United States of America
ARLINGTON