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D.R. Horton Inc (DHI.N)

DHI.N on New York Stock Exchange

51.48USD
19 Jan 2018
Change (% chg)

$0.54 (+1.06%)
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Latest Key Developments (Source: Significant Developments)

D.R. Horton Inc Says Tax Act Will Result In A Charge Of About $115 Mln In Q1
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC, AMERICA’S BUILDER, UPDATES GUIDANCE FOR IMPACT OF NEW U.S. TAX LAW.D.R. HORTON INC - ‍REVISING ITS PREVIOUSLY ISSUED GUIDANCE BY LOWERING ESTIMATE FOR FISCAL 2018 EFFECTIVE TAX RATE TO ABOUT 26%​.D.R. HORTON INC - TAX ACT WILL RESULT IN A CHARGE OF ABOUT $115 MILLION IN Q1 OF FISCAL 2018.  Full Article

D.R. Horton says Chairman Donald Horton's 2017 Total Compensation Was $19.3 Mln
Saturday, 16 Dec 2017 

Dec 15 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC - CHAIRMAN DONALD R. HORTON'S 2017 TOTAL COMPENSATION WAS $19.3 MILLION VERSUS $17.8 MILLION - SEC FILING‍​.D.R. HORTON INC SAYS CEO DAVID AULD'S FY 2017 TOTAL COMPENSATION WAS $10.4 MILLION VERSUS $9.6 MILLION IN FY 2016.  Full Article

D.R. Horton, America's Builder, Announces Pricing Of $400 Mln Of 2.550 Pct Senior Notes Due 2020
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA'S BUILDER, ANNOUNCES PRICING OF $400 MILLION OF 2.550% SENIOR NOTES DUE 2020.D.R. HORTON INC - SENIOR NOTES WILL PAY INTEREST SEMI-ANNUALLY AT A RATE OF 2.550% PER YEAR AND WILL MATURE ON DECEMBER 1, 2020.  Full Article

D.R. Horton says has no immediate plans for a "big" deal - Conf call‍​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - D.R. Horton Inc :Sees Q1 home sales gross margin around 20 percent, and homebuilding SG&A to be the range of 9.5-9.8 percent.says cash flow from operation should be in excess of $1 billion by 2020.expects to increase share repurchases to a point that it fully offsets dilution, so that its share count will remain flat by 2020.says would continue to look at deals, but has no immediate plans for something "big".Says there are plenty of acquisition opportunities that it is evaluating to determine interest on - conf call.Says has seen success with integrating small private companies in the past to get quicker return of cash‍​.  Full Article

DHI Mortgage Company Ltd enters into a third amendment to second amended and restated master repurchase agreement
Wednesday, 28 Sep 2016 

D.R. Horton Inc : D.R. Horton Inc unit DHI Mortgage Company, Ltd., entered into a third amendment to second amended and restated master repurchase agreement . Committed sums available under amended repurchase facility are increased to $700 million between September 23, 2016 and November 21, 2016 . After Nov 21,sums available under amended facility is $550 million during last 5 days of any fiscal quarter,first 25 days of following fiscal quarter .Third amendment increases maximum aggregate commitment amount available under amended repurchase facility to $800 million - SEC filing.  Full Article

D.R. Horton sees FY 2017 gross margin around 20 pct - Conf Call
Thursday, 21 Jul 2016 

D.R. Horton Inc : Says sees FY 2017 consolidated revenue to grow 10-15 pct . Says sees FY 2017 cash flow $300 mln-$500 mln . Says sees FY 2017 consolidated pre-tax margin to increase 11.2 pct-11.5 pct . Says sees ASPs to be flat to down slightly in 2017 as Express becomes bigger part of mix . Says sees FY 2017 tax rate between 35-36 pct . Says sees FY 2017 gross margin around 20 pct Further company coverage: [DHI.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

D.R. Horton reports Q3 results
Thursday, 21 Jul 2016 

D.R. Horton Inc Says "Remain Focused On Growing Our Revenues And Pre-Tax Profits At A Double-Digit Annual Pace" : Qtrly net sales orders increased 14% in value to $3.4 billion and 13% in homes to 11,714 . Qtrly sales order backlog increased 17% in value to $4.4 billion and 15% in homes to 14,670 . Qtrly sales order backlog increased 17% in value to $4.4 billion and 15% in homes to 14,670 . D.R. Horton inc says homebuilding revenue for Q3 of fiscal 2016 increased 9% to $3.1 billion from $2.9 billion in same quarter of fiscal 2015 . Homebuilding revenue for Q3 of fiscal 2016 increased 9% to $3.1 billion from $2.9 billion in same quarter of fiscal 2015 . D.R. Horton, Inc., America's Builder, reports fiscal 2016 third quarter earnings and declares quarterly dividend of $0.08 per share . Q3 earnings per share $0.66 . Q3 earnings per share view $0.66 -- Thomson Reuters I/B/E/S .Tax profits at a double-digit annual pace".  Full Article

D.R. Horton Inc declares quarterly dividend of $0.08 per share
Thursday, 21 Apr 2016 

D.R. Horton Inc:Declares quarterly dividend of $0.08 per share.  Full Article

BRIEF-D.R. Horton Inc Says Tax Act Will Result In A Charge Of About $115 Mln In Q1

* D.R. HORTON INC, AMERICA’S BUILDER, UPDATES GUIDANCE FOR IMPACT OF NEW U.S. TAX LAW