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D.R. Horton Inc (DHI.N)

DHI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

D.R. Horton Says DHI Mortgage, Unit Of Co, Others Entered Amendment To Master Repurchase Agreement
Friday, 22 Feb 2019 04:49pm EST 

Feb 22 (Reuters) - D.R. Horton Inc ::D.R. HORTON- EFFECTIVE FEB. 22, DHI MORTGAGE, UNIT OF CO, OTHERS ENTERED SIXTH AMENDMENT TO SECOND AMENDED & RESTATED MASTER REPURCHASE AGREEMENT.D.R. HORTON INC - AMENDED REPURCHASE FACILITY PROVIDES FINANCING AND LIQUIDITY TO DHI MORTGAGE BY FACILITATING PURCHASE TRANSACTIONS.D.R. HORTON - PRIMARY CHANGE COVERED BY AMENDMENT TO EXTEND MATURITY DATE OF FACILITY BY 364 DAYS, WITH SECONDARY BENEFIT OF LOWER PRICING.  Full Article

Cities Management Says Partnered With D.R. Horton To Provide Management Service In Chaska, Mn
Wednesday, 30 Jan 2019 01:57pm EST 

Jan 30 (Reuters) - CITIES MANAGEMENT ::CITIES MANAGEMENT - PARTNERED WITH D.R. HORTON TO PROVIDE MANAGEMENT SERVICE IN CHASKA, MN.  Full Article

D.R. Horton says partial govt shutdown impact been minimal on co's business
Friday, 25 Jan 2019 11:40am EST 

Jan 25 (Reuters) - D.R. Horton Inc ::D.R. HORTON SAYS SEES Q2 GROSS MARGIN IN RANGE OF 19 PERCENT TO 19.5 PERCENT DUE TO LESS PRICING POWER AND HIGHER INCENTIVES ON Q1 SALES ACTIVITY AND IMPACT OF PURCHASE ACCOUNTING - CONF CALL.D.R. HORTON SAYS EXPECT FORESTAR TO BE CONSISTENTLY PROFITABLE WITH PRETAX PROFIT MARGINS OF APPROXIMATELY 10 PERCENT BY FISCAL 2020.D.R. HORTON SAYS EXPECTS THE NUMBER OF HOMES CLOSED IN Q2 IN THE RANGE OF 12,800 TO 13,300 HOMES.D.R. HORTON SAYS EXPECTS Q2 CONSOLIDATED REVENUES TO BE IN THE RANGE OF $3.9 BILLION TO $4.1 BILLION.D.R. HORTON SAYS PARTIAL GOVERNMENT SHUTDOWN IMPACT BEEN MINIMAL ON CO'S BUSINESS.D.R. HORTON SAYS REVENUES AND PROFIT MARGINS FOR FULL YEAR OF FISCAL 2019 TO BE DETERMINED PRIMARILY BY STRENGTH OF UPCOMING SPRING SEASON, SO CO ARE NOT PROVIDING FULL YEAR REVENUE OR MARGIN GUIDANCE AT THIS TIME.D.R. HORTON CEO SAYS "I FEEL LIKE THERE WAS MORE PRESSURE ON THE INCENTIVE SIDE, TRY TO GET THE PACE REESTABLISHED IN NOVEMBER THAN THERE WAS IN DECEMBER AND EVEN LESS ON THE JANUARY.".D.R. HORTON CEO SAYS "THE MARKET IS PERFORMING, I WOULD SAY, PRETTY MUCH AS WE EXPECTED, MAY BE A LITTLE BETTER, GIVEN THE FIRST QUARTER.".D.R. HORTON SAYS THE VERY EARLY SIGNS FOR SPRING ARE GOOD.D.R. HORTON CEO EXPECTS GETTING PEOPLE ON CONTRACT IS "GOING TO BE A LITTLE EASIER" THROUGH SPRING AS DEMAND COMES BACK.  Full Article

D.R. Horton Inc Reports Fiscal 2019 First Quarter Earnings
Friday, 25 Jan 2019 06:30am EST 

Jan 25 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA’S BUILDER, REPORTS FISCAL 2019 FIRST QUARTER EARNINGS AND DECLARES QUARTERLY DIVIDEND OF $0.15 PER SHARE.QTRLY NET SALES ORDERS INCREASED 3% TO 11,042 HOMES AND WERE UNCHANGED IN VALUE AT $3.2 BILLION.QTRLY HOMES CLOSED INCREASED 7% TO 11,500 HOMES AND 7% IN VALUE TO $3.4 BILLION.QTRLY EARNINGS PER SHARE $0.76.HOMEBUILDING REVENUE FOR Q1 2019 UP 6% TO $3.4 BILLION FROM $3.2 BILLION.D.R. HORTON - HOMES CLOSED INCREASED 7% TO 11,500 HOMES AND 7% IN VALUE TO $3.4 BILLION AT QUARTER-END.HAD 33,700 HOMES IN INVENTORY AT DECEMBER 31, 2018.D.R. HORTON - CONTINUE TO SEE GOOD DEMAND, LIMITED SUPPLY OF HOMES AT AFFORDABLE PRICES ACROSS OUR MARKETS.D.R. HORTON - QTRLY REVENUES $3,519 MILLION VERSUS $3,332.7 MILLION.D.R. HORTON SAYS ECONOMIC FUNDAMENTALS & FINANCING AVAILABILITY REMAIN SOLID.Q1 EARNINGS PER SHARE VIEW $0.78, REVENUE VIEW $3.51 BILLION -- REFINITIV IBES DATA.  Full Article

D.R. Horton Says Chairman's FY 2018 Total Compensation Was $25.75 Mln
Friday, 14 Dec 2018 05:16pm EST 

Dec 14 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC SAYS CHAIRMAN, DONALD HORTON'S FY 2018 TOTAL COMPENSATION WAS $25.75 MILLION VERSUS $19.3 MILLION IN FY 2017 - SEC FILING.D.R. HORTON INC SAYS CEO DAVID AULD'S FY 2018 TOTAL COMPENSATION WAS $14.9 MILLION VERSUS $10.4 MILLION IN FY 2017.  Full Article

D.R. Horton Acquires The Homebuilding Operations Of Terramor Homes In Raleigh, NC
Tuesday, 11 Dec 2018 09:00am EST 

Dec 11 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC. ACQUIRES THE HOMEBUILDING OPERATIONS OF TERRAMOR HOMES IN RALEIGH, NC.D.R. HORTON INC - EXPECTS TO PAY APPROXIMATELY $60 MILLION IN CASH FOR PURCHASE.D.R. HORTON INC - TERRAMOR WILL OPERATE AS A SEPARATE DIVISION WITHIN D.R. HORTON..  Full Article

D.R. Horton Inc buys homebuilding operations of Classic Builders
Tuesday, 4 Dec 2018 04:30pm EST 

Dec 4 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC. ACQUIRES THE HOMEBUILDING OPERATIONS OF CLASSIC BUILDERS.D.R. HORTON INC - D.R. HORTON EXPECTS TO PAY APPROXIMATELY $60 MILLION IN CASH.D.R. HORTON INC - CLASSIC WILL OPERATE AS A SEPARATE DIVISION WITHIN D.R. HORTON.  Full Article

D.R. Horton Inc acquires the homebuilding operations of Westport Homes
Tuesday, 13 Nov 2018 06:55am EST 

Nov 13 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC. ACQUIRES THE HOMEBUILDING OPERATIONS OF WESTPORT HOMES.D.R. HORTON INC - D.R. HORTON EXPECTS TO PAY APPROXIMATELY $190 MILLION IN CASH FOR PURCHASE.D.R. HORTON - WESTPORT WILL OPERATE AS A SEPARATE DIVISION WITHIN D.R. HORTON.  Full Article

D.R. Horton Reports Q4 EPS Of $1.22
Thursday, 8 Nov 2018 07:35am EST 

Nov 8 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA’S BUILDER, REPORTS FOURTH QUARTER AND FISCAL 2018 EARNINGS AND INCREASES QUARTERLY DIVIDEND TO $0.15 PER SHARE.QTRLY NET INCOME ATTRIBUTABLE TO D.R. HORTON INCREASED 49% TO $466.1 MILLION OR $1.22 PER DILUTED SHARE.QTRLY HOMES CLOSED INCREASED 11% TO 14,674 HOMES AND 9% IN VALUE TO $4.4 BILLION.QTRLY NET SALES ORDERS INCREASED 11% TO 11,509 HOMES AND 10% IN VALUE TO $3.4 BILLION.SETS QUARTERLY DIVIDEND OF $0.15PER SHARE.HOMEBUILDING REVENUE FOR Q4 OF FISCAL 2018 INCREASED 8% TO $4.4 BILLION.HOMES IN INVENTORY AT SEPTEMBER 30, 2018 INCREASED 13% TO 29,700 HOMES, COMPARED TO 26,200 HOMES AT SEPTEMBER 30, 2017.QTRLY REVENUES $4,505.2 MILLION VERSUS $4,159.1 MILLION.Q4 EARNINGS PER SHARE VIEW $1.22, REVENUE VIEW $4.57 BILLION -- THOMSON REUTERS I/B/E/S.FISCAL 2018 NET SALES ORDERS INCREASED 13% TO 52,740 HOMES AND 13% IN VALUE TO $15.8 BILLION.  Full Article

D.R. Horton Sees Q1 FY 2019 Home Sales below the Wall Street Estimates
Thursday, 8 Nov 2018 06:15am EST 

Nov 8 (Reuters) - D.R. Horton Inc ::D.R. HORTON SAYS CO’S STRATEGIC FOCUS IS TO CONTINUE TO CONSOLIDATE MARKET SHARE, WHILE GROWING REVENUE AND PRETAX PROFITS, GENERATING CASH FLOWS AND RETURNS- CONF CALL.D.R. HORTON SEES FY 2019 GROSS MARGIN IN THE RANGE OF 20-22 PERCENT - CONF CALL.D.R. HORTON SEES Q1 FY 2019 REVENUE IN THE RANGE OF $3.3 BILLION-$3.5 BILLION.Q1 REVENUE VIEW $3.66 BILLION -- THOMSON REUTERS I/B/E/S.D.R. HORTON SEES Q1 FY 2019 HOME SALES IN THE RANGE OF 11,000-11,500 UNITS.D.R. HORTON Q1 DELIVERIES UNITS VIEW 11,852, ACCORDING TO IBES DATA FROM REFINITIV.D.R. HORTON SAYS NOT PROVIDING FULL YEAR FY 2019 FINANCIAL FORECAST, DUE TO UNCERTAINTY BASED ON RECENT MARKET CONDITIONS - CONF CALL.D.R. HORTON SEES Q1 CONSOLIDATED PRETAX MARGIN IN THE RANGE OF 11.4 PERCENT TO 11.7 PERCENT.D.R. HORTON SAYS MARKET CONDITIONS OVER THE LAST FOUR TO FIVE WEEKS HAVE BEEN PRETTY CHOPPY.D.R. HORTON SAYS SAW A SLIGHT SEQUENTIAL TICK UP IN INCENTIVES FROM Q3 TO Q4; EXPECTS INCENTIVES TO RISE IN THE CHOPPY DEMAND ENVIRONMENT HEADING INTO FY 2019.  Full Article

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Homebuilder Horton avoids 2019 margin forecast, raises cost worries

D.R. Horton Inc forecast 2019 revenue below Wall Street estimates and did not provide an outlook on gross margin for the year, spooking investors who have been worried about the impact of rising costs on future profits.