D R Horton Inc
- D.R. Horton Inc. rose 2.3% to $124.03 despite the home builder reporting a decline in revenue and earnings in the first quarter.
Revenue declined to $7.73 billion from $9.11 billion, net income edged down to $810.4 million from $1.17 billion, and diluted earnings per share dropped to $2.58 from $3.52 a year ago.
The company repurchased 9.7 million shares for $1.3 billion and announced a new share repurchase authorization of $5.0 billion.
In addition, the home builder paid cash dividends of $125.5 million in the quarter.
The company proposed a quarterly cash dividend of 40 cents per share, payable on May 9 to shareholders on record as of May 2.
D.R. Horton guided fiscal 2025 revenue to be between $33.3 billion and $34.8 billion, compared to $36.8 billion in 2024, and the company expects to sell between 85,000 and 87,000 homes.
The company estimated share repurchases of approximately $4.0 billion and dividend payments of approximately $500 million in fiscal 2025.
Apr 18, 2025 - D.R. Horton Inc. gained 3.9% to $153.35 despite the home builder posted a 1% decrease in revenue in the fiscal first quarter 2025 ending in December.
Net income plunged 11% from a year ago to $844.9 million, and diluted earnings per share eased to $2.61 from $2.82 a year ago.
The company closed sales of 19,059 homes, while net sales orders amounted to 17,837 homes.
D.R. Horton repurchased 6.8 million shares of common stock for $1.1 billion and paid cash dividends totaling $128.5 million.
The home builder declared a quarterly cash dividend of 40 cents per share payable on February 14 to shareholders on record February 7.
Jan 21, 2025 - D.R. Horton plunged 9.6% to $163.05 after the homebuilder reported weaker-than-expected quarterly results.
Revenue in the fiscal fourth quarter ending in September declined to $10.0 billion from $10.5 billion, net income fell to $1.3 billion from $1.5 billion, and diluted earnings per share dropped to $3.92 from $4.45 a year ago.
The homebuilder offered weak annual revenue and unit home sale outlook as buyers struggle with affordability issues.
The company estimated fiscal year 2025 revenue between $36 billion and $37.5 billion, home completions between 90,000 and 92,000 units, stock repurchase of $2.4 billion, and dividend payment of $500 million.
Oct 29, 2024 - D.R. Horton increased 5.2% to $153.31 after the homebuilder reported better-than-expected results in the fiscal second quarter.
Revenue in the March quarter increased 14% to $9.1 billion from $7.9 billion, net income rose to $1.2 billion from $941 million, and diluted earnings per share advanced to $3.52 from $2.73 a year ago.
Apr 18, 2024 - Home builders were in focus after Berkshire Hathaway acquired positions in NVR, Lennar and DR Horton, according to a regulatory filing.
DR Horton gained 2.2% to $125.97, Lennar jumped 0.6% to $124.61 and NVR gained 1.7% to $6,262.79 after the diversified conglomerate Berkshire Hathaway took stakes in home builders.
According to a regulatory filing with the SEC, Berkshire acquired a $726 million stake in DR Horton, $70 million in NVR and $17.2 million in Lennar.
Aug 15, 2023
| Year | Dec | Mar | Jun | Sep | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.73 | 3.90 | 4.43 | - | 13.82 | |
| 2022 | 4.03 | 4.67 | 4.64 | 2.76 | 16.51 | |
| 2021 | 2.53 | 3.06 | 3.68 | 3.17 | 11.41 | |
| 2020 | 1.3 | 1.72 | 2.23 | 2.14 | 6.41 | |
| 2019 | 0.93 | 1.26 | 1.34 | 1.16 | 4.29 | |
| 2018 | 0.91 | 1.18 | 1.23 | 0.76 | 3.81 | |
| 2017 | 0.60 | 0.76 | 0.82 | 0.77 | 2.95 | |
| 2016 | 0.52 | 0.66 | 0.75 | 0.55 | 2.48 | |
| 2015 | 0.40 | 0.60 | 0.64 | 0.42 | 2.06 | |
| 2014 | 0.39 | 0.38 | 0.32 | 0.44 | 1.5 | |
| 2013 | 0.36 | 0.32 | 0.42 | 0.39 | 1.33 | |
| 2012 | 0.20 | 0.13 | 2.22 | 0.33 | 2.77 | |
| 2011 | 0.09 | 0.09 | 0.09 | 0.11 | 0.23 | |
| 2010 | -0.06 | 0.04 | 0.16 | 0.01 | 0.77 | |
| 2009 | 0.56 | -0.34 | -0.45 | -0.74 | -1.73 | |
| 2008 | -0.20 | -4.14 | -1.26 | -2.53 | -8.34 | |
| 2007 | -0.41 | 0.16 | -2.62 | -0.16 | -2.27 | |
| 2006 | 0.35 | 1.11 | 0.93 | 0.88 | 3.9 | |
| 2005 | 0.98 | 0.92 | 1.17 | 1.77 | 4.62 |