New-home sales tick higher in December [MarketWatch]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: MarketWatch
New-home sales tick up in December as housing market ekes out a tiny gain for 2018 The numbers: New-home sales ran at a seasonally adjusted annual 621,000 rate in December, the Commerce Department said Tuesday . That was 2.4% lower than a year ago. What happened: Sales of newly-constructed homes were 3.7% higher than in November. The December figures beat the MarketWatch consensus for a 600,000 rate, but there were sizable downward revisions to the previous three months. The median sales price in December was $318,600, 7% lower than a year ago. At the current pace of selling, it would take 6.6 months to exhaust available supply, a bit more inventory than is generally considered a marker of a balanced market. The government’s reports on the new-construction housing market are based on small samples, and are thus prone to big revisions. This winter, they have also been badly delayed by the government shutdown. On Friday, the Commerce Department will release January housing starts figu
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DHI
News
- D.R. Horton, Inc. (NYSE: DHI) had its price target raised by analysts at Keefe, Bruyette & Woods from $172.00 to $178.00. They now have an "outperform" rating on the stock.MarketBeat
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- Homebuyers turn to ARMs as rates hover above 7% for third straight week [Yahoo! Finance Canada]Yahoo! Finance Canada
- Homebuyers turn to ARMs as rates hover above 7% for third straight week [Yahoo! Finance]Yahoo! Finance
DHI
Earnings
- 4/18/24 - Beat
DHI
Sec Filings
- 5/10/24 - Form 4
- 5/6/24 - Form 4
- 5/6/24 - Form 144
- DHI's page on the SEC website