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.
Results for: Homebuilder
Century Communities, a leading national homebuilder, is excited to announce the launch of its new community in Olympia, Washington, called Pattison Place. Offering modern single-family homes with premium features and a desirable location near the southern tip of Puget Sound, Pattison Place presents an excellent opportunity for homebuyers in the Olympia area. With limited homesites available, potential buyers are encouraged to act quickly to secure their dream home in this exceptional location.
Century Communities, a leading national homebuilder and online home sales pioneer, is hosting Grand Opening events for two new communities in Merced, California: Sundial at Bellevue Ranch and Solera III. These events offer prospective homebuyers the chance to explore modern homes, enjoy festive activities, and take advantage of limited-time savings.
Century Communities, a leading national homebuilder known for its online home sales and trustworthiness, is expanding its footprint in the Greater Nashville area with several new communities in sought-after locations like Murfreesboro, Lebanon, Old Hickory, Ashland City, and Pleasant View. Offering a range of floor plans and price points, these communities cater to diverse homebuyer needs in a rapidly growing market.
Century Communities, a leading national homebuilder, has announced that it will release its third quarter 2024 financial results on Wednesday, October 23, 2024. The company will host a conference call to discuss the results and recent events.
KB Home, a leading U.S. homebuilder, exceeded analyst expectations in the third quarter, reporting strong revenue and earnings growth. The company saw a rebound in demand for its affordably priced homes in August after a dip in June and July, driven by concerns over elevated mortgage rates and the overall economy. KB Home also repurchased $150 million of its own stock during the quarter, indicating confidence in its future prospects.
Mattamy Homes, a leading homebuilder in North America, has acquired 13.4 acres of land in the Mountain View Ranch community in Vail, Arizona, marking its first foray into this master-planned development. The new neighborhood will feature 50 single-story homes, ranging from 2,278 to 3,056 square feet, situated on spacious lots with options for four-car or RV garages. Located within the acclaimed Vail Unified School District, the community offers stunning views of the Rincon Mountains, access to major employment hubs, and proximity to natural preserves.
Century Communities, a leading homebuilder known for its online homebuying experience, has unveiled its new community, Villa Bellissima, in Manteca, California. Offering a selection of single-family floor plans with modern features and convenient access to nearby amenities, the community provides a range of options for homebuyers seeking a desirable location in the Central Valley.
Century Communities, a leading homebuilder specializing in online sales, has announced a new community in Leon Valley, Texas, just outside of San Antonio. The development, called Senna, will feature 80 new homes with a range of floor plans starting in the mid $300s. Prospective buyers can learn more and join the community interest list online.
Toll Brothers, a luxury homebuilder, reported better-than-expected third-quarter financial results, exceeding both revenue and earnings estimates. The company also raised its full-year guidance for key metrics, including unit deliveries and earnings per share, reflecting continued strength in the housing market. Analyst sentiment remains positive, with several firms raising their price targets on the stock.