Assetmark Inc. has increased its holding in
D.R. Horton, Inc. (NYSE:DHI), while
Montecito Bank & Trust and
Principal Financial Group Inc. also accumulate their stakes in the homebuilder. However, D.R. Horton's recent finance outcomes disappoint market expectations, leading to a decline in its stock price. Despite reporting strong revenue in Q4 of 2024 amid market challenges, the company's quarterly earnings and revenues were below estimates. Its stock suffers from concerns over slowing demand, and predictions suggest potential earnings decrease. Even so, many acknowledge the company's
unmatched scale and growth in the real estate market and suggest it is a value stock to consider investing in. However, other analysts, including those from Raymond James, have downgraded D.R. Horton to
Market Perform due to
soft revenue. Furthermore, its Q4 results were disappointing with missed estimates. There are mixed signs, with some analysts seeing DHI's weakness as an opportunity, but others noted the company's insider disposing of stocks, signaling a bearish perspective. While there were high expectations from the homebuilder to deliver strong returns on the back of a shortage of affordable homes, its Q4 earnings missed forecasts.
D R Horton DHI News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 09 Nov 2024 13:36:12 GMT -
Rating -3
- Innovation -2
- Information 7
- Rumor -5
