US23331A1097 - Common Stock
DR HORTON INC
NYSE:DHI (7/26/2024, 7:25:05 PM)
After market: 176.9 -0.04 (-0.02%)176.94
+4.24 (+2.46%)
D.R.Horton, Inc. engages in the construction and sale of single-family housing. The company is headquartered in Arlington, Texas and currently employs 13,450 full-time employees. Horton, Inc. is a homebuilding company. The firm is primarily engaged in the acquisition and development of land and the construction and sale of residential homes. Its segments include Homebuilding, Rental, Forestar, Financial Services, and Other. The Company’s Homebuilding segment designs, builds and sells single-family detached homes on lots they develop and on fully developed lots purchased ready for home construction. The Rental segment consists of single-family and multi-family rental operations. The single-family rental operations primarily construct and lease single-family homes within a community and then market each community for a bulk sale of rental homes. The Forestar segment is a residential lot development company. The Financial services segment provides mortgage financing, title agency services and title insurance to homebuyers in many of the Company’s homebuilding markets. In addition, it also conducts insurance-related operations.
DR HORTON INC
1341 Horton Cir
Arlington TEXAS 76011
P: 18173908200
CEO: David V. Auld
Employees: 13450
Website: https://www.drhorton.com/
A torrid rally in homebuilder stocks that’s put the group on track for its best month this year shows few signs of stopping.
On Friday, homebuilder DR Horton stock earned an upgrade to its Relative Strength (RS) Rating, from 78 to 89.
The Nasdaq tumbled amid chip woes.
Let's have a look at the top S&P500 gainers and losers one hour before the close of the markets of today's session.
D.R. Horton, Inc. (NYSE:DHI) shares are trading higher after the company reported third-quarter FY24 results. Sales grew 2% Y/Y to $10.0 billion, beating the consensus of $9.77 billion. Net sales orders increased 1% Y/Y to 23,001 homes and were flat in value at $8.7 billion. Homes closed in the quarter increased 5% Y/Y to 24,155 homes and 6% in value to $9.2 billion. Sales order backlog of homes under contract as of June 30, 2024, decreased 12% to 16,792 homes and 12% in value to $6.6 billion. D
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