DHI Stock Recent News
DHI LATEST HEADLINES
After a sharp sell-off that pushed the SPDR Homebuilders ETF NYSE: XHB toward crucial support near $105 during the early August carry trade unwind panic, the sector has rebounded impressively. Now sitting just 3% away from its 52-week high, XHB is consolidating near a significant breakout zone of around $120.
July pending home sales sink. TOL, DHI, PHM and MTH are the stocks to watch.
D.R. Horton, Inc. DHI shares crafted a new 52-week high of $193.63 on Aug. 6, 2024. The stock pulled back to end the trading session at $189.06.
Jessica Inskip, Stockbroker.com director of investor research, joins 'Power Lunch' to discuss options for D.R. Horton.
A housing shortage has supercharged the financial performance of large single-family homebuilders in the U.S. as the industry consolidates.
Tampa, Florida, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Streetleaf, the leading provider of solar-powered streetlight services in the United States, today announces a national vendor agreement with D.R. Horton, the largest homebuilder in the U.S. This collaboration marks a significant milestone in Streetleaf's mission to provide a sustainable alternative to traditional on-grid services for communities across the country.
Homebuilders, including D.R. Horton, have been some of the best-performing stocks despite being perceived as uninvestable. D.R. Horton's unique business model and scale advantage have positioned it for long-term growth and market share gains. With a target of 10% unit count growth, D.R. Horton is expected to continue growing at a double-digit pace, making it a 'Buy' with a price target of $196 a share.
With the next Federal Reserve decision looming, identifying stocks to buy before the next Fed decision is vital to optimizing portfolios. Learning a company's fundamentals is also vital as it reveals its financial health, strategic initiatives, and market positioning.
Stephen Kim, Evercore ISI head of housing research, joins 'Money Movers' to discuss the Fed's rate path impact on the housing sector, why homebuilder stocks are incredibly cheap, and what investors should buy at today's levels.
Jason Snipe, founder and CIO of Odyssey Capital Advisors, joins CNBC's “Halftime Report” to detail his latest portfolio moves.