Results for: DHI

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, 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.