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Stock Market & Financial Investment News

News Breaks
March 10, 2014
07:02 EDTDHID.R. Horton downgraded to Neutral from Buy at Citigroup
Citigroup downgraded D.R. Horton citing valuation and elevated risk into builders' earnings releases starting next week. Citi lowered its price target for shares to $26 from $27.
News For DHI From The Last 14 Days
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July 28, 2015
10:28 EDTDHID.R. Horton says housing getting better
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10:24 EDTDHID.R. Horton sees 2016 revenue growth driven by volume, price
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10:20 EDTDHID.R. Horton sees FY16 consolidated revenue up 10%-15%
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10:20 EDTDHID.R. Horton says sales trends 'solid' in July
Sees Q4 backlog conversion rate 81%-84%. Sees Q4 home sales gross margin in high 19%-20% range. Sees Q4 homebuilding SG&A 8.7%-8.9% of homebuilding revenues. Says sales trends "solid" in July. Sees Q4 Financial Services operating margin 35%-40%. Sees Q4 tax rate 35%-36%. Sees Q4 average selling price $285,000-$290,000. Comments made on the Q3 earnings conference call. D.R. Horton is down 0.52% to $26.60 in morning trading.
07:05 EDTDHID.R. Horton says well-positioned to finish FY strong, have even stronger FY16
07:05 EDTDHID.R. Horton reports Q3 EPS 60c, consensus 50c
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