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6.39631572213823E-05 0.00108737367276441 0.00198285787386467 0.000287834207496402 -0.00307023154662908 0.00121529998720735 -0.00127926314442874 -0.00127926314442874
Stock impact report

D.R. Horton: December Earnings Support Buying On Falling Mortgage Rates [Seeking Alpha]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Seeking Alpha
DHI's customer base—primarily first-time homebuyers—creates inelastic demand, making its earnings highly sensitive to macro trends and mortgage rates. Current results and valuation multiples do not yet reflect the recent macro improvements; normalized earnings suggest DHI trades at an attractive single-digit P/E. I reiterate a "Buy" rating on DHI, highlighting significant upside potential as affordability improves and the next positive housing cycle unfolds. Tony Anderson/DigitalVision via Getty Images D.R. Horton ( DHI ) shares are up 2% in pre-market hours despite a broad market selloff, after the largest homebuilder in the U nited States reported better-than-expected results for the December quarter. As Trump's administration directs attention towards affordability and lower rates, D.R. Horton This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such Show less Read more
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