DR Horton Inc. NYSE: DHI nieruchomości, developer

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wykres
http://finance.yahoo.com/echarts?s=dhi+Interactive
https://stockcharts.com/h-sc/ui?s=DHI

DR Horton Inc. NYSE: DHI budowa domów i nieruchomości, deweloper. Największa firma w USA w swoich branżach.

http://en.wikipedia.org/wiki/D._R._Horton
http://www.drhorton.com/
dywidendy ok. 1% duży DG
https://finviz.com/quote.ashx?t=dhi&ty=c&ta=1&p=d
https://seekingalpha.com/symbol/DHI/dividends/scorecard

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D.R. Horton (DHI) Up 6.6% Since Last Earnings Report: Can It Continue?
https://www.investing.com/analysis/dr-h ... -200391913

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D.R. Horton hikes dividend by 14.3 percent. $DHI

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In other news, sentiment on homebuilders was soured after JPMorgan doubled downgraded KB Home (NYSE:KBH) to Neutral, and downgraded DR Horton Inc (NYSE:DHI) to Neutral, citing valuation concerns.

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D. R. Horton gains as elevated property prices boost revenue

Shares of home construction company D.R. Horton (NYSE:DHI) jumped more than 7% in Thursday trading after the company topped consensus earnings and revenue expectations, while its revenue forecast also came in above estimates.

D. R. Horton reported Q2 EPS of $2.73, $0.80 better than the analyst estimate of $1.93, with revenue for the quarter coming in at $8 billion versus the consensus estimate of $6.45B.

The company's earnings in the quarter were boosted by elevated property prices, with DHI reporting home sales revenues of $7.4B on 19,664 homes closed. Net sales orders for the second quarter decreased by 5% to 23,142 homes, representing an order value of $8.6B, which was above the $9.7B reported in the same quarter of the prior year.

"Despite higher mortgage rates and inflationary pressures, demand improved during the quarter due to normal seasonal factors, coupled with our use of incentives and pricing adjustments to adapt to changing market conditions," said Donald R. Horton, chairman of the board.

Many have speculated that rising mortgage rates, economic uncertainty, and elevated inflation will impact the housing market. However, DHI said that although those headwinds may persist for some time, the supply of new and existing homes at affordable price points remains limited, and "demographics supporting housing demand remain favorable."

Looking forward, the company sees 2023 revenue between $31.5B and $33B, above consensus expectations. In addition, DHI expects homes closed to be between 77,000 and 80,000.

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D.R. Horton (NYSE:DHI) shares were up as much as 8% in pre-market Thursday after the homebuilder smashed analyst estimates for its third fiscal quarter.

The company reported FQ3 EPS of $3.90, crushing the analyst estimate of $2.78. Revenue for the quarter rose 11% year-over-year to $9.73 billion, easily topping the $8.2B expected by analysts.

DHI said it saw a 37% surge in net sales orders to 22,879 in the fiscal third quarter, generating revenue of $8.7B. Analysts were expecting $7.74B in revenues from net sales orders.

Another positive was that the cancellation rate fell 600 basis points annually to 18%.

“Despite continued higher mortgage rates and inflationary pressures, our net sales orders increased 37% from the prior-year quarter, as the supply of both new and existing homes at affordable price points remains limited and demographics supporting housing demand remain favorable,” said Donald R. Horton, chairman of the board.

“We are well-positioned with our experienced operators, diverse product offerings and flexible lot supply and are focused on supplying more homes to meet market demand and maximizing returns and capital efficiency in each of our communities.”

As a result, the company said it now sees full-year revenue at $34.9B, up or down $200 million. Analysts were looking for $32.3B in FY sales.

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(Reuters) - D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand and easing shortages of labor and construction supplies, sending its shares up 6% premarket.

U.S. homebuilders are getting a boost from low existing homes inventory and pent-up demand. Meanwhile, house prices have resumed their upward trend on a monthly basis as the existing homes inventory remains well below pre-pandemic levels.

"Despite continued higher mortgage rates and inflationary pressures, our net sales orders increased 37% from the prior year quarter, as the supply of both new and existing homes at affordable price points remains limited and demographics supporting housing demand remain favorable," Chairman Donald Horton said in a statement.

The Arlington-based homebuilder forecast 2023 revenue between $34.7 billion and $35.1 billion, up from its prior guidance of between $31.5 billion and $33.0 billion.

It also raised its forecast for homes closed, which means the final step of the homebuying transaction, to between 82,800 and 83,300 homes from 77,000 and 80,000 it had forecast earlier.

Revenue rose 10.7% to $9.73 billion in the third quarter, beating expectations of $8.39 billion, as per Refinitiv data.

Net income attributable to the company fell to $1.35 billion, or $3.90 per share, but beat expectations of $2.79.

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Undervalued Dividend Growth Stock of the Week: D.R. Horton (DHI)
by Jason Fieber, Mr. Free at 33 • September 24, 2023



https://dailytradealert.com/2023/09/24/ ... orton-dhi/

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Buffett Just Bought This Surprising Dividend Stock

https://www.youtube.com/watch?v=-4wgkJOsN4w

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DR Horton (NYSE:DHI) stock rose 2% after Goldman Sachs upgraded its stance on the housebuilder to ‘buy’ from ‘neutral’, while KB Home (NYSE:KBH) stock fell 2.1% as Goldman cut to ‘neutral’ from ‘buy’.

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It’s a Good Time to Buy This Buffett Stock

https://www.youtube.com/watch?v=TYR5H1yB-PA