Results for: D.R. Horton

D.R. Horton, the largest homebuilder in the U.S., reported weaker-than-expected fourth-quarter earnings and sales results. Despite a slight increase in net sales orders, revenue and earnings fell short of analysts’ forecasts. The company cited rate volatility and uncertainty as factors impacting buyer confidence. While D.R. Horton shares gained on Wednesday, analysts adjusted their price targets following the earnings announcement. Here’s a breakdown of what they think about D.R. Horton’s future prospects.

D.R. Horton, Inc. (DHI) shares are trading significantly lower after the homebuilder reported weaker-than-expected fourth-quarter earnings and a cautious outlook for fiscal 2025. Sales missed estimates, while the company indicated that higher mortgage rates and uncertainty are impacting buyer sentiment. Despite these challenges, D.R. Horton remains optimistic about the long-term housing market and plans to continue focusing on affordable housing options.

Adept Materials, a startup focused on advanced building materials, has closed a $4 million seed funding round led by D.R. Horton and PulteGroup. This investment will support the commercial launch of Adept’s first product, an advanced interior wall paint and primer system, and the development of a directional water-resistive barrier product. The funding will also enable Adept to refine and launch its first product — an advanced paint and primer system that incorporates the company’s proprietary moisture control technology.