Housing already in a slump. So it (probably) can't cause a recession. [MSN Money]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: MSN Money
Housing Is Already in a Slump. So It (Probably) Can’t Cause a Recession. © Bjamin Rasmuss for The New York Tim Inside that bit of trivia lie some fundamtal insights into housing’s outsize role in the busins cycle, along with clu to suggt that the economy is on firmer footing than the increasingly psimistic forecasts make it seem. The gist is this: The United Stat may or may not ter a recsion this year, but if it do, housing is unlikely to be the cause, because it never really recovered in the first place. Load Error “Housing is not in a position to lead this thing down,” said Edward Leamer, an economics profsor at the University of California, Los Angel. How much it can help prolong the overall recovery is another matter. Home sal and pric have be sluggish in the face of rising intert rat. Still, the pace of construction, combined with pt-up demand from young adults, suggts that the sector should at least remain stable in the face of uncertainty elsewhere. Why is housing so oft a focu
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- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Royal Bank of Canada from $142.00 to $141.00. They now have an "underperform" rating on the stock.MarketBeat
- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Bank of America Co. from $182.00 to $168.00. They now have a "buy" rating on the stock.MarketBeat
DHI
Earnings
- 4/18/24 - Beat
DHI
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- DHI's page on the SEC website