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Yahoo
6 days ago
- Business
- Yahoo
Why D.R. Horton Stock Was Rising This Week
Key Points D.R. Horton reported better-than-expected results in its third-quarter earnings report. The company expects to repurchase about 10% of its shares outstanding this year. Mortgage rates are likely to remain elevated, putting pressure on homebuilders. 10 stocks we like better than D.R. Horton › Shares of D.R. Horton (NYSE: DHI) were moving higher this week after the nation's largest homebuilder reported better-than-expected results in its fiscal third-quarter earnings report, despite continued pressure on the housing market, weak consumer sentiment, and elevated mortgage rates. As of Thursday, at 1:10 p.m. ET, D.R. Horton stock was up 10.1% for the week, according to data from S&P Global Market Intelligence. D.R Horton surprises the market Homebuilders might have an advantage over real estate agencies in the current housing market, as the national housing shortage has led to demand for new homes, but growth has still been challenging in the industry due to high mortgage rates. Against that backdrop, D.R. Horton a 7% decline in revenue to $9.2 billion, ahead of the consensus at $8.8 billion. Homes closed fell 4% in the quarter to 23,160, ahead of its guidance, and sales orders were flat year over year and up 3% sequentially, a positive sign. Further down the income statement, the company reported a gross margin of 21.8% and earnings per share of $3.36, which was down from $4.10 in the quarter a year ago, but benefited from a reduction in shares outstanding of 8%. That result was also better than estimates at $2.90. Management acknowledged that demand is being "impacted by ongoing affordability constraints and cautious consumer sentiment." Its sales incentives have remained elevated in order to drive purchasing, which explains the decline in profits. What's next for D.R. Horton? Interest rates seem unlikely to change in the near term, which will continue to put pressure on the stock, but those factors seem to be priced into the stock. For the full year, the company narrowed its revenue guidance to $33.7 billion-$34.2 billion, and it's targeting share buybacks of $4.2 billion-$4.4 billion. With buybacks at that pace, the stock looks like a reasonable buy, even if profits remain flat. Do the experts think D.R. Horton is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did D.R. Horton make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,037% vs. just 182% for the S&P — that is beating the market by 855.37%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends D.R. Horton. The Motley Fool has a disclosure policy. Why D.R. Horton Stock Was Rising This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
D.R. Horton Third-Quarter Results Top Views; Shares Jump Intraday
D.R. Horton's (DHI) fiscal third-quarter results surpassed market estimates despite a softening hous 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
23-07-2025
- Business
- Yahoo
DR Horton (DHI) Jumps 17% After Earnings Beat
We recently published . D.R. Horton, Inc. (NYSE:DHI) is one of Tuesday's top performers. DR Horton grew its share prices by 16.98 percent on Tuesday to close at $153.5 apiece after beating its earnings guidance for the third quarter of fiscal year 2025. In its earnings release, D.R. Horton, Inc. (NYSE:DHI) said revenues during the period settled at $9.22 billion, lower than the $9.96 billion registered in the same period last year, but were well above analyst consensus. Meanwhile, attributable net income dropped by 24 percent to $1.02 billion from $1.35 billion year-on-year. Commenting on the company's performance, D.R. Horton, Inc. (NYSE:DHI) Executive Chairman David Auld said that new home demand continued to be impacted by ongoing affordability constraints and cautious consumer sentiment. A construction site of a multi-family residential complex, a modern urban skyline in the background. He said he expected sales incentives to remain elevated in the fourth quarter of the year. That said, D.R. Horton, Inc. (NYSE:DHI) lowered the high-end range of its full-year revenue guidance for the fourth quarter to $34.2 billion from $34.8 billion previously, with homes closed now expected to settle at only 85,000 versus the 87,000 prior. While we acknowledge the potential of DHI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
23-07-2025
- Business
- Business Insider
D.R. Horton Stock (DHI) Soars 13% on Surprise Earnings Beat
The stock of D.R. Horton (DHI) is up 13% after the largest U.S. homebuilder issued surprisingly strong quarterly financial results. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The Arlington, Texas-based company reported earnings per share (EPS) of $3.36 for what was its fiscal third quarter. That beat the $2.88 profit expected among analysts. Revenue in the period totaled $9.23 billion, which was ahead of estimates that called for $8.76 billion. Sales were down 7.4% from a year earlier. Management at D.R. Horton said buyer incentives helped to sustain home sales amid high interest rates and rising costs. Despite beating Wall Street forecasts, D.R. Horton is struggling with weak consumer spending, prompting it to offer incentives such as mortgage rate buydowns to boost demand. Ongoing Issues The company, which is the biggest homebuilder by volume in the U.S., said affordability constraints and cautious consumer sentiment are likely to continue in the near term. 'We expect our sales incentives to remain elevated and increase further during the fourth quarter, the extent to which will depend on the strength of demand,' said D.R. Horton. Looking ahead, D.R. Horton lowered its revenue forecast for this year to $33.7 billion to $34.2 billion, down from an earlier forecast of $33.3 billion to $34.8 billion. The company expects to build between 85,000 and 85,500 new homes in 2025, compared with an earlier forecast of 85,000 to 87,000 houses. Is DHI Stock a Buy? The stock of D.R. Horton has a consensus Moderate Buy rating among seven Wall Street analysts. That rating is based on three Buy and four Hold recommendations issued in the last three months. The average DHI price target of $144.33 implies 9.51% upside from current levels. These ratings are likely to change after the company's financial results.
Yahoo
23-07-2025
- Business
- Yahoo
New Record Close for S&P 500 - TXN, COF Report After the Bell
Tuesday, July 22, 2025The S&P 500 has tiptoed to another record closing high this afternoon, to 6309 for the first time ever — up from the 6305 closing price yesterday. The Dow and the Nasdaq were on either side of today's flat market: +179, +0.40% on the former and -81 points, -0.39% the latter. The small-cap Russell 2000 led the major indexes for the session, +17 points, +0.79%.Homebuilders enjoyed their best trading day in recent memory following D.R. Horton DHI and Pulte Home PHM outpacing expectations in this morning's earnings reports. Gross margins for DHI came in better than anticipated, and even with guidance narrowed, shares rose +16.8% for the session. Pulte saw an increase in new orders, and shares gained +11.8%. The iShares Home Construction ETF (ITB) advanced +7.88% of this improved sentiment may be coming from expectations that interest rates are about to come down at the Federal Reserve, if not at next week's meeting then certainly at the Fed's next one in September. Higher interest rates keep mortgage rates at high levels, prohibiting entry-level homebuyers into the market. Expectations are — today, at least — that these days are numbered. Q2 Earnings Results After Today's Closing Bell Texas Instruments TXN surpassed projections on both top and bottom lines in its Q2 report after today's close, with earnings of $1.41 per share coming in 9 cents ahead of the Zacks consensus, while quarterly revenues of $4.45 billion surged past the $4.31 billion analysts had been expecting. Guidance was raised somewhat, but not to the levels one might expect with such big quarterly beats. Shares are -7% in late One Financial COF swept past earnings estimates this afternoon — a bottom line of $5.48 per share was well ahead of the $3.83 anticipated, with revenues of $12.49 billion above the $12.22 billion expected. This is perhaps a tough quarter to assess for the credit card giant, as its Discover acquisition is still being digested through its system. Shares are up +1.5% on the news in the after-market. What to Expect from the Stock Market Wednesday Existing Home Sales for June are expected to dip just a tad to 4.0 million seasonally adjusted, annualized units. This would bring us back down to levels not seen since October of last year. In the previous report from this metric, the Northeast grew the fastest, +4.2%, followed by the Midwest at +2.1% and the South -1.7%. The West was the only region in the negative, -5.4% a month will also be an eventful day for earnings reports tomorrow, mostly after the market close. Not only headliners like Google-parent Alphabet GOOGL and Tesla TSLA, but IBM IBM, Chipotle CMG, Southwest Airlines LUV, ServiceNow NOW and Las Vegas Sands LVS are all expected to post results Wednesday or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Instruments Incorporated (TXN) : Free Stock Analysis Report International Business Machines Corporation (IBM) : Free Stock Analysis Report Southwest Airlines Co. (LUV) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report PulteGroup, Inc. (PHM) : Free Stock Analysis Report D.R. Horton, Inc. (DHI) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report ServiceNow, Inc. (NOW) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
