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D.R. Horton Inc (DHI.N)

DHI.N on New York Stock Exchange

42.18USD
24 Sep 2018
Change (% chg)

$-0.23 (-0.54%)
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Open
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Volume
33,372
Avg. Vol
887,162
52-wk High
$53.24
52-wk Low
$36.59

Latest Key Developments (Source: Significant Developments)

D.R. Horton Files For Potential Mixed Shelf Offering
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

D.R. Horton Says Q3 Average Average Closing Price Was $302,000
Thursday, 26 Jul 2018 

July 26 (Reuters) - D.R. Horton Inc ::D.R. HORTON SAYS Q3 AVERAGE AVERAGE CLOSING PRICE WAS $302,000, UP 3% FROM THE PRIOR YEAR QUARTER - CONF CALL.D.R. HORTON SAYS EXPERIENCING HEALTHY MARKET CONDITIONS ACROSS MOST OF OUR MARKETS WITH SOLID DEMAND, ESPECIALLY AT AFFORDABLE PRICE POINTS.D.R. HORTON SAYS Q4 HOME SALES GROSS MARGIN WILL BE RELATIVELY CONSISTENT WITH Q3.D.R. HORTON SAYS BOARD OF DIRECTORS INCREASED SHARE REPURCHASE AUTHORIZATION TO $400 MILLION, EFFECTIVE THROUGH SEPT 2019, REPLACING PRIOR AUTHORIZATION.D.R. HORTON SAYS PRELIMINARY EXPECTATIONS FOR FISCAL 2019 ARE FOR CONSOLIDATED REVENUES TO INCREASE 10% TO 15%.D.R. HORTON SAYS SEE A LOT OF BUYERS, A LOT OF DEMAND, A LOT OF TRAFFIC SPECIFICALLY IN CALIFORNIA AT THE PRICE POINTS WE'RE SERVING.D.R. HORTON SEES CONSOLIDATED REVENUES OF $16.1 BILLION TO $16.3 BILLION THIS YEAR.D.R. HORTON SAYS ON ACQUISITIONS, IT IS VERY MUCH A BIG PART OF OUR CAPITAL ALLOCATION PLANS, WE'VE BEEN ACTIVELY LOOKING, AND WE ARE ACTIVELY LOOKING.D.R. HORTON SAYS LOOKING AT "SEVERAL MORE" OVER NEXT FEW QTRS IN THE YEAR, PROBABLY $400 MILLION-$600 MILLION OF PURCHASE PRICE ON THOSE WE'RE LOOKING AT TODAY.D.R. HORTON SAYS CONTINUE TO BE MAINLY INTERESTED IN PRIVATE BUILDERS.D.R. HORTON SAYS WILL BEGIN THE PROCESS OF PREPARING FORESTAR FOR THE PUBLIC MARKETS.D.R. HORTON SAYS THERE'S STILL EXTREMELY LIMITED SUPPLY AT AFFORDABLE PRICE POINTS, CONTINUE TO SEE VERY ROBUST DEMAND AND NO SIGN OF WEAKNESS AT THOSE PRICE POINT.  Full Article

D.R. Horton Inc Qtrly Earnings Per Share $1.18
Thursday, 26 Jul 2018 

July 26 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA’S BUILDER, REPORTS FISCAL 2018 THIRD QUARTER EARNINGS AND DECLARES QUARTERLY DIVIDEND OF $0.125 PER SHARE.INCREASING FISCAL 2018 GUIDANCE FOR CONSOLIDATED PRE-TAX PROFIT MARGIN TO A RANGE OF 12.7% TO 12.9%.QTRLY NET SALES ORDERS INCREASED 13% IN VALUE TO $4.4 BILLION AND 12% IN HOMES TO 14,650.QTRLY EARNINGS PER SHARE $1.18.HOMES CLOSED IN QUARTER UP 16% IN VALUE TO $4.3 BILLION AND 13% IN HOMES TO 14,114.QTRLY HOMEBUILDING REVENUE FOR Q3 OF FISCAL 2018 INCREASED 17% TO $4.3 BILLION.QTRLY HOMES CLOSED IN QUARTER INCREASED 13% TO 14,114 HOMES.HOMEBUILDING REVENUE FOR Q3 OF FISCAL 2018 INCREASED 17% TO $4.3 BILLION FROM $3.7 BILLION IN SAME QUARTER OF FISCAL 2017.QTRLY NET SALES ORDERS INCREASED 13% IN VALUE TO $4.4 BILLION AND 12% IN HOMES TO 14,650.CONTINUE TO EXPECT TO GROW REVENUES AND PRE-TAX PROFITS AT A DOUBLE-DIGIT ANNUAL PACE.INCREASING ITS FISCAL 2018 GUIDANCE FOR CONSOLIDATED PRE-TAX PROFIT MARGIN TO A RANGE OF 12.7% TO 12.9%.HOMES IN INVENTORY AT JUNE 30, 2018 INCREASED 8% TO 29,800 HOMES COMPARED TO 27,600 HOMES AT JUNE 30, 2017.EXPECTS TO GENERATE INCREASING ANNUAL OPERATING CASH FLOWS AND RETURNS.ENDED Q3 WITH $748.0 MILLION OF HOMEBUILDING UNRESTRICTED CASH.Q3 EARNINGS PER SHARE VIEW $1.08, REVENUE VIEW $4.32 BILLION -- THOMSON REUTERS I/B/E/S.D.R. HORTON - QTRLY REVENUES $4,435.3 MILLION VERSUS $3,776.4 MILLION.  Full Article

Jana Partners LLC Takes Sole Share Stake In Apple, Dissolves Sole Share Stake In Facebook
Tuesday, 15 May 2018 

May 15 (Reuters) - Jana Partners LLC ::JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN APPLE INC OF 270,847 SHARES - SEC FILING.JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN DROPBOX INC OF 202,500 CLASS A SHARES.JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN FACEBOOK INC.JANA PARTNERS LLC UPS SOLE SHARE STAKE IN JACK IN THE BOX INC BY 98.2 PERCENT TO 2.2 MILLION SHARES.JANA PARTNERS LLC UPS SOLE SHARE STAKE IN PINNACLE FOODS INC TO 5.4 MILLION SHARES FROM 1.4 MILLION SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN D.R. HORTON INC BY 95.7 PERCENT TO 47,000 SHARES.JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN ADOBE SYSTEMS INC OF 239,305 SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN FIRST DATA CORP BY 60.1 PERCENT TO 5.3 MILLION CLASS A SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN PTC INC BY 57.6 PERCENT TO 601,790 SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN ZIMMER BIOMET HOLDINGS INC BY 19.3 PERCENT TO 3.1 MILLION SHARES.JANA PARTNERS LLC: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

D.R. Horton Q2 Average Closing Price $299,000, Up 1 pct
Thursday, 26 Apr 2018 

April 26 (Reuters) - D.R. Horton Inc ::Q2 AVERAGE CLOSING PRICE WAS $299,000, UP 1% FROM PRIOR YEAR QUARTER - CONF CALL."SPRING SELLING SEASON IS OFF TO A STRONG START" - CEO ON CONF CALL.IN FISCAL 2018 EXPECT FORESTAR TO GENERATE $90 MILLION IN REVENUE - CONF CALL.D.R. HORTON - IN FISCAL 2019 EXPECT FORESTAR TO GENERATE $300 MILLION TO $350 MILLION IN REVENUE AND ACCESS PUBLIC MARKETS FOR ADDITIONAL GROWTH CAPITAL.D.R. HORTON - IN FISCAL 2020 EXPECT FORESTAR TO GENERATE $700 MILLION TO $800 MILLION IN REVENUE.D.R. HORTON - EXPECT TO GENERATE AT LEAST $800 MILLION OF CASH FROM OPERATIONS IN 2018.D.R. HORTON - SEEING MORE BUYERS COME IN AND BETTER QUALIFIED BUYERS.D.R. HORTON - SLIGHT INCREASE IN RATES ARE REALLY FUELING DEMAND, PRICES CONTINUE TO MOVE SLOWLY, SEE LONG SUSTAINED HOUSING MARKET - CEO ON CONF CALL.D.R. HORTON - AFFORDABILITY IN HOUSING IS JUST GOING TO BECOME MORE AND MORE DIFFICULT TO MAINTAIN - CEO ON COF CALL.D.R. HORTON - CONTINUE TO LOOK AT VARIOUS M&A OPPORTUNITIES ON THE BUILDER SIDE OPPORTUNISTICALLY - CONF CALL.D.R. HORTON - DON'T SEE LABOR AND MATERIAL COSTS GOING DOWN AND LAND IS CERTAINLY NOT GOING TO GO DOWN - CEO ON CONF CALL.  Full Article

D.R. Horton Inc Says Tax Act Will Result In A Charge Of About $115 Mln In Q1
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC, AMERICA’S BUILDER, UPDATES GUIDANCE FOR IMPACT OF NEW U.S. TAX LAW.D.R. HORTON INC - ‍REVISING ITS PREVIOUSLY ISSUED GUIDANCE BY LOWERING ESTIMATE FOR FISCAL 2018 EFFECTIVE TAX RATE TO ABOUT 26%​.D.R. HORTON INC - TAX ACT WILL RESULT IN A CHARGE OF ABOUT $115 MILLION IN Q1 OF FISCAL 2018.  Full Article

D.R. Horton says Chairman Donald Horton's 2017 Total Compensation Was $19.3 Mln
Friday, 15 Dec 2017 

Dec 15 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC - CHAIRMAN DONALD R. HORTON'S 2017 TOTAL COMPENSATION WAS $19.3 MILLION VERSUS $17.8 MILLION - SEC FILING‍​.D.R. HORTON INC SAYS CEO DAVID AULD'S FY 2017 TOTAL COMPENSATION WAS $10.4 MILLION VERSUS $9.6 MILLION IN FY 2016.  Full Article

D.R. Horton, America's Builder, Announces Pricing Of $400 Mln Of 2.550 Pct Senior Notes Due 2020
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA'S BUILDER, ANNOUNCES PRICING OF $400 MILLION OF 2.550% SENIOR NOTES DUE 2020.D.R. HORTON INC - SENIOR NOTES WILL PAY INTEREST SEMI-ANNUALLY AT A RATE OF 2.550% PER YEAR AND WILL MATURE ON DECEMBER 1, 2020.  Full Article

D.R. Horton says has no immediate plans for a "big" deal - Conf call‍​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - D.R. Horton Inc :Sees Q1 home sales gross margin around 20 percent, and homebuilding SG&A to be the range of 9.5-9.8 percent.says cash flow from operation should be in excess of $1 billion by 2020.expects to increase share repurchases to a point that it fully offsets dilution, so that its share count will remain flat by 2020.says would continue to look at deals, but has no immediate plans for something "big".Says there are plenty of acquisition opportunities that it is evaluating to determine interest on - conf call.Says has seen success with integrating small private companies in the past to get quicker return of cash‍​.  Full Article

US STOCKS-S&P 500 touches record high, equals longest-ever bull run

* Indexes up: S&P 500 0.21 pct, Dow 0.25 pct, Nasdaq 0.49 pct (Updates with stock futures opening lower)