D.R. Horton (DHI) Surpasses Q3 Earnings and Revenue Estimates
D.R. Horton (DHI) came out with quarterly earnings of $4.10 per share, beating the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $3.90 per share a year ago.
D.R. Horton's stock falls, after earnings beat expectations but the revenue outlook was trimmed
Shares of D.R. Horton Inc. DHI, -2.93% fell 1.6% in premarket trading Thursday after the homebuilder reported fiscal third-quarter earnings and the value of home closings that rose above expectations, while the full-year revenue outlook was trimmed.
Is a Beat in Store for D.R. Horton (DHI) This Earnings Season?
D.R. Horton's (DHI) fiscal third-quarter results are likely to reflect the weakness of Forestar and Rental Property segments along with higher expenses.
5 Stocks to Watch From the Promising Homebuilding Industry
Although higher rates and a rise in land/labor costs pose risks, the lack of existing homes for sale and better operating leverage are likely to drive the Zacks Building Products - Home Builders industry. DHI, PHM, MTH, KBH and MHO are well-positioned to gain.
Interest Rate Roulette: 3 Stocks to Sell If the Fed Doesn't Cut Rates
The stock market breathed a sigh of relief last week when June's inflation numbers came out. The Consumer Price Index fell 0.1% for the month, the first time inflation fell in four years.
3 Stocks Ready to Pop When the Fed Cuts Interest Rates
The June CPI was much better than expected and has the broad market set up to rally over the next six to 12 months. The rally is driven by the expectation for FOMC interest rate cuts, which will reduce the cost of money and reinvigorate the bull market, assuming no recession unfolds.
5 Homebuilders to Watch on Interest Rate Cut Expectations
We have narrowed our search to five homebuilders' stocks. These are: KBH, NVR, PHM, TOL, DHI.
Falling Inflation Sparks Optimism for These 3 Home Builder Stocks
The housing market has faced headwinds in recent times, primarily due to the impact of rising interest rates. This surge in borrowing costs has slowed down homebuying activity, leading to a decline in homebuilder stock prices.
Homebuilder Stocks Rise As Milder Inflation Fuels Rate Cut Hopes
Homebuilder stocks jumped Thursday on hopes that mortgage rates will start to significantly downshift this year.
D.R. Horton (DHI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
D.R. Horton (DHI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Home Sales Dip in May: What Lies Ahead for Housing?
Sales of new U.S. single-family homes slipped in May, marking the lowest level in six months, according to the U.S. Census Bureau's latest report. New home sales — a leading housing market indicator based on signed contracts, not closings — decreased 11.3% to a seasonally adjusted annual rate of 619,000 units in May from April, according to the Commerce Department's report released on Jun 26, 2024.
Top 3 Home Builder Stocks: Key Insights into the Housing Market
The housing market in 2024 continues to be complex and volatile for homebuyers and investors. Interest rate volatility, affordability concerns, and persistent inflation present ongoing challenges for the industry.
