NYSE:DHIConsumer Durables
Did D.R. Horton’s Strong Results and Buybacks Just Shift its (DHI) Long-Term Investment Narrative?
D.R. Horton recently reported quarterly results that topped analyst expectations for both revenues and earnings, raised its full-year guidance, and returned US$1.3 billion to shareholders through buybacks and dividends.
Despite headwinds such as softer housing demand and reduced backlogs, the company reduced its outstanding share count by 9% over the past year, signaling financial strength and shareholder focus.
We’ll examine how D.R. Horton’s guidance increase amidst housing market...