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United Kingdom

D.R. Horton Inc (DHI.N)

DHI.N on New York Stock Exchange

40.75USD
22 Jun 2018
Change (% chg)

$-0.56 (-1.36%)
Prev Close
$41.31
Open
$41.32
Day's High
$41.42
Day's Low
$40.44
Volume
1,367,086
Avg. Vol
1,052,618
52-wk High
$53.24
52-wk Low
$33.46

Latest Key Developments (Source: Significant Developments)

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

DHI Mortgage Company Ltd enters into a third amendment to second amended and restated master repurchase agreement
Tuesday, 27 Sep 2016 

D.R. Horton Inc : D.R. Horton Inc unit DHI Mortgage Company, Ltd., entered into a third amendment to second amended and restated master repurchase agreement . Committed sums available under amended repurchase facility are increased to $700 million between September 23, 2016 and November 21, 2016 . After Nov 21,sums available under amended facility is $550 million during last 5 days of any fiscal quarter,first 25 days of following fiscal quarter .Third amendment increases maximum aggregate commitment amount available under amended repurchase facility to $800 million - SEC filing.  Full Article

D.R. Horton sees FY 2017 gross margin around 20 pct - Conf Call
Thursday, 21 Jul 2016 

D.R. Horton Inc : Says sees FY 2017 consolidated revenue to grow 10-15 pct . Says sees FY 2017 cash flow $300 mln-$500 mln . Says sees FY 2017 consolidated pre-tax margin to increase 11.2 pct-11.5 pct . Says sees ASPs to be flat to down slightly in 2017 as Express becomes bigger part of mix . Says sees FY 2017 tax rate between 35-36 pct . Says sees FY 2017 gross margin around 20 pct Further company coverage: [DHI.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

D.R. Horton reports Q3 results
Thursday, 21 Jul 2016 

D.R. Horton Inc Says "Remain Focused On Growing Our Revenues And Pre-Tax Profits At A Double-Digit Annual Pace" : Qtrly net sales orders increased 14% in value to $3.4 billion and 13% in homes to 11,714 . Qtrly sales order backlog increased 17% in value to $4.4 billion and 15% in homes to 14,670 . Qtrly sales order backlog increased 17% in value to $4.4 billion and 15% in homes to 14,670 . D.R. Horton inc says homebuilding revenue for Q3 of fiscal 2016 increased 9% to $3.1 billion from $2.9 billion in same quarter of fiscal 2015 . Homebuilding revenue for Q3 of fiscal 2016 increased 9% to $3.1 billion from $2.9 billion in same quarter of fiscal 2015 . D.R. Horton, Inc., America's Builder, reports fiscal 2016 third quarter earnings and declares quarterly dividend of $0.08 per share . Q3 earnings per share $0.66 . Q3 earnings per share view $0.66 -- Thomson Reuters I/B/E/S .Tax profits at a double-digit annual pace".  Full Article

U.S. homebuilders fall as rate hike looms

Shares of U.S. homebuilders dropped on Wednesday after data showed mortgage applications decreased in the latest week, at a time when concerns of a slowdown in the housing industry is already worrying investors.