D.R. Horton (DHI) shares have seen a decline of 13.7% since its last earnings report. The company recently announced the pricing of its $700 million of 5.500% senior notes due in 2035, a move that has sparked debate over whether it's a smart strategy or added risk. Reports indicate some insider selling of US$5.4m shares, suggesting possible hesitancy within the company. Despite the downturn, DHI has been highlighted as a top stock pick by Greenhaven Associates and has shared its future plans at a major Barclays conference.
Forecasts indicate a decline in earnings for D.R. Horton in the coming periods, with the company facing housing market challenges. Yet, its Q4 earnings and revenues reportedly beat estimates, and it has been tipped as an industry leader worth considering. The caveat being that increased rates could impact homebuilder stocks hard, including D.R. Horton. Even with these headwinds, the company maintains a strong financial prospect, with the market potentially underestimating its value. Finally, the company has recently appointed three new independent directors, a move that could help steer the company in a positive direction.
D R Horton DHI News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Thu, 20 Feb 2025 16:30:10 GMT - Rating -2 - Innovation -1 - Information 7 - Rumor -4
