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D.R. Horton stock fell on weaker-than-expected quarterly orders and earnings that missed estimates. ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.
In the latest trading session, D.R. Horton (DHI) closed at $68.88, marking a -0.32% move from the previous day.
D.R. Horton (DHI) closed the most recent trading day at $87.87, moving -0.55% from the previous trading session.
D.R. Horton (DHI) gains from higher pricing in fiscal fourth-quarter 2022. However, moderation in housing demand, given higher mortgage rates, is a concern.
D.R. Horton (DHI) delivered earnings and revenue surprises of 3.55% and 1.30%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. [2] [3] [4] The company ranked number 194 on the 2019 Fortune 500 list of the largest United States corporations by revenue. [5] The company operates in 90 markets in 29 ...