Declared Dividend • Jul 27
Third quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 6th August 2026 Payment date: 13th August 2026 Dividend yield will be 1.2%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 16%. Duyuru • Jul 22
D.R. Horton, Inc. announces Quarterly dividend, payable on August 13, 2026 D.R. Horton, Inc. announced Quarterly dividend of USD 0.4500 per share payable on August 13, 2026, ex-date on August 06, 2026 and record date on August 06, 2026. Reported Earnings • Jul 21
Third quarter 2026 earnings released: EPS: US$3.21 (vs US$3.37 in 3Q 2025) Third quarter 2026 results: EPS: US$3.21 (down from US$3.37 in 3Q 2025). Revenue: US$9.23b (flat on 3Q 2025). Net income: US$904.9m (down 12% from 3Q 2025). Profit margin: 9.8% (down from 11% in 3Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Declared Dividend • Apr 23
Second quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 7th May 2026 Payment date: 14th May 2026 Dividend yield will be 1.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 15%. Reported Earnings • Apr 22
Second quarter 2026 earnings released: EPS: US$2.25 (vs US$2.59 in 2Q 2025) Second quarter 2026 results: EPS: US$2.25 (down from US$2.59 in 2Q 2025). Revenue: US$7.56b (down 2.3% from 2Q 2025). Net income: US$647.9m (down 20% from 2Q 2025). Profit margin: 8.6% (down from 11% in 2Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 21
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.8% to US$165. The fair value is estimated to be US$137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.9%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Buy Or Sell Opportunity • Jan 28
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to US$151. The fair value is estimated to be US$126, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.9%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Declared Dividend • Jan 22
First quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 5th February 2026 Payment date: 12th February 2026 Dividend yield will be 1.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 15%. Reported Earnings • Jan 21
First quarter 2026 earnings released: EPS: US$2.04 (vs US$2.63 in 1Q 2025) First quarter 2026 results: EPS: US$2.04 (down from US$2.63 in 1Q 2025). Revenue: US$6.89b (down 9.5% from 1Q 2025). Net income: US$594.8m (down 30% from 1Q 2025). Profit margin: 8.6% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 09
Now 25% overvalued The stock has been flat over the last 90 days, currently trading at US$153. The fair value is estimated to be US$122, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.2%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period. Duyuru • Dec 11
D.R. Horton, Inc., Annual General Meeting, Jan 15, 2026 D.R. Horton, Inc., Annual General Meeting, Jan 15, 2026. Location: 1341 horton circle, texas 76011, arlington United States Buy Or Sell Opportunity • Nov 22
Now 26% overvalued Over the last 90 days, the stock has fallen 14% to US$147. The fair value is estimated to be US$117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.2%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period. Declared Dividend • Oct 30
Fourth quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 13th November 2025 Payment date: 20th November 2025 Dividend yield will be 1.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 16%. Reported Earnings • Oct 29
Full year 2025 earnings released: EPS: US$11.62 (vs US$14.44 in FY 2024) Full year 2025 results: EPS: US$11.62 (down from US$14.44 in FY 2024). Revenue: US$34.3b (down 6.9% from FY 2024). Net income: US$3.59b (down 25% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 07
Now 24% undervalued Over the last 90 days, the stock has risen 18% to US$162. The fair value is estimated to be US$212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has declined by 6.4%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 6.0% per annum over the same time period. Duyuru • Sep 26
Bayshore Investment Partners LLC acquired Laurel Lakes community consisting of 68 townhomes in Hillsborough County suburb of Seffner, Florida from D.R. Horton, Inc. (NYSE:DHI) for $18 million. Bayshore Investment Partners LLC acquired Laurel Lakes community consisting of 68 townhomes in Hillsborough County suburb of Seffner, Florida from D.R. Horton, Inc. (NYSE:DHI) for $18 million on September 19, 2025. The community was acquired from D.R. Horton for $265,000 per unit. Berkadia Miami secured $11.83 million in financing on behalf of Bayshore Investment Partners.
Bayshore Investment Partners LLC completed the acquisition of Laurel Lakes community consisting of 68 townhomes in Hillsborough County suburb of Seffner, Florida from D.R. Horton, Inc. (NYSE:DHI) on September 19, 2025. Buy Or Sell Opportunity • Sep 19
Now 20% undervalued Over the last 90 days, the stock has risen 37% to US$169. The fair value is estimated to be US$212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has declined by 6.4%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period. New Risk • Sep 10
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$6.4m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Sep 10
Executive Chairman recently sold US$5.5m worth of stock On the 5th of September, David Auld sold around 30k shares on-market at roughly US$182 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Aug 25
Now 20% undervalued Over the last 90 days, the stock has risen 40% to US$169. The fair value is estimated to be US$212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has declined by 6.4%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 4.2% per annum over the same time period. Declared Dividend • Jul 24
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 7th August 2025 Payment date: 14th August 2025 Dividend yield will be 1.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 17%. Reported Earnings • Jul 22
Third quarter 2025 earnings released: EPS: US$3.37 (vs US$4.12 in 3Q 2024) Third quarter 2025 results: EPS: US$3.37 (down from US$4.12 in 3Q 2024). Revenue: US$9.23b (down 7.4% from 3Q 2024). Net income: US$1.02b (down 24% from 3Q 2024). Profit margin: 11% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Declared Dividend • Apr 19
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 2nd May 2025 Payment date: 9th May 2025 Dividend yield will be 1.2%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 18%. Duyuru • Apr 18
D.R. Horton, Inc. (NYSE:DHI) announces an Equity Buyback for $5,000 million worth of its shares. D.R. Horton, Inc. (NYSE:DHI) announces a share repurchase program. Under the program, the company will repurchase up to $5,000 million worth of its shares. Reported Earnings • Apr 17
Second quarter 2025 earnings released: EPS: US$2.59 (vs US$3.54 in 2Q 2024) Second quarter 2025 results: EPS: US$2.59 (down from US$3.54 in 2Q 2024). Revenue: US$7.73b (down 15% from 2Q 2024). Net income: US$810.4m (down 31% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Duyuru • Feb 14
D.R. Horton, Inc. to Report Q2, 2025 Results on Apr 17, 2025 D.R. Horton, Inc. announced that they will report Q2, 2025 results Pre-Market on Apr 17, 2025 Declared Dividend • Jan 23
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 7th February 2025 Payment date: 14th February 2025 Dividend yield will be 1.0%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 18%. Reported Earnings • Jan 21
First quarter 2025 earnings released: EPS: US$2.63 (vs US$2.84 in 1Q 2024) First quarter 2025 results: EPS: US$2.63 (down from US$2.84 in 1Q 2024). Revenue: US$7.61b (down 1.5% from 1Q 2024). Net income: US$844.9m (down 11% from 1Q 2024). Profit margin: 11% (down from 12% in 1Q 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Duyuru • Dec 16
D.R. Horton, Inc., Annual General Meeting, Jan 16, 2025 D.R. Horton, Inc., Annual General Meeting, Jan 16, 2025. Location: 1341 horton circle, texas, 76011, arlington United States Duyuru • Dec 04
D.R. Horton, Inc. to Report Q1, 2025 Final Results on Jan 21, 2025 D.R. Horton, Inc. announced that they will report Q1, 2025 final results Pre-Market on Jan 21, 2025 New Risk • Nov 22
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Declared Dividend • Oct 31
Fourth quarter dividend increased to US$0.40 Dividend of US$0.40 is 33% higher than last year. Ex-date: 12th November 2024 Payment date: 19th November 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 26%. Reported Earnings • Oct 29
Full year 2024 earnings released: EPS: US$14.44 (vs US$13.93 in FY 2023) Full year 2024 results: EPS: US$14.44 (up from US$13.93 in FY 2023). Revenue: US$36.8b (up 3.8% from FY 2023). Net income: US$4.76b (flat on FY 2023). Profit margin: 13% (in line with FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Elaine Crowley was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 21
Third quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 1st August 2024 Payment date: 8th August 2024 Dividend yield will be 0.7%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 19%. Reported Earnings • Jul 19
Third quarter 2024 earnings released: EPS: US$4.12 (vs US$3.93 in 3Q 2023) Third quarter 2024 results: EPS: US$4.12 (up from US$3.93 in 3Q 2023). Revenue: US$9.97b (up 2.5% from 3Q 2023). Net income: US$1.35b (up 1.4% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$159, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$187 per share. Buy Or Sell Opportunity • Jul 16
Now 20% undervalued Over the last 90 days, the stock has risen 4.4% to US$153. The fair value is estimated to be US$191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period. Duyuru • May 31
D.R. Horton, Inc. to Report Q3, 2024 Results on Jul 18, 2024 D.R. Horton, Inc. announced that they will report Q3, 2024 results Pre-Market on Jul 18, 2024 Duyuru • May 18
D.R. Horton, Inc. Announces Demise of Donald R. Horton, Founder and Chairman of the Board of Directors D.R. Horton, Inc. announced the sudden passing of Donald R. Horton, the Company’s Founder and Chairman of the Board of Directors. David V. Auld, the Company’s Executive Vice Chairman, has been appointed by the Board to serve as Executive Chairman, effective immediately. Buy Or Sell Opportunity • May 16
Now 20% undervalued Over the last 90 days, the stock has risen 7.8% to US$154. The fair value is estimated to be US$193, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period. Upcoming Dividend • Apr 26
Upcoming dividend of US$0.30 per share Eligible shareholders must have bought the stock before 01 May 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.9%). Upcoming Dividend • Apr 25
Upcoming dividend of US$0.30 per share Eligible shareholders must have bought the stock before 01 May 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.9%). Declared Dividend • Apr 23
Second quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 1st May 2024 Payment date: 9th May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 18%. Reported Earnings • Apr 18
Second quarter 2024 earnings released: EPS: US$3.54 (vs US$2.75 in 2Q 2023) Second quarter 2024 results: EPS: US$3.54 (up from US$2.75 in 2Q 2023). Revenue: US$9.11b (up 14% from 2Q 2023). Net income: US$1.17b (up 24% from 2Q 2023). Profit margin: 13% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 22
Executive Vice Chair recently sold US$3.9m worth of stock On the 20th of March, David Auld sold around 25k shares on-market at roughly US$156 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Duyuru • Mar 13
D.R. Horton, Inc. to Report Q2, 2024 Results on Apr 18, 2024 D.R. Horton, Inc. announced that they will report Q2, 2024 results Pre-Market on Apr 18, 2024 Upcoming Dividend • Jan 29
Upcoming dividend of US$0.30 per share at 0.9% yield Eligible shareholders must have bought the stock before 05 February 2024. Payment date: 13 February 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.6%). Declared Dividend • Jan 25
First quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 5th February 2024 Payment date: 13th February 2024 Dividend yield will be 0.8%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 13%. Reported Earnings • Jan 24
First quarter 2024 earnings released: EPS: US$2.84 (vs US$2.79 in 1Q 2023) First quarter 2024 results: EPS: US$2.84. Revenue: US$7.73b (up 6.5% from 1Q 2023). Net income: US$947.4m (down 1.2% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Durables industry in the United Kingdom. Duyuru • Jan 23
D.R. Horton, Inc. Declares Cash Dividend, Payable on February 13, 2024 D.R. Horton, Inc. declared quarterly cash dividend of $0.30 per common share that is payable on February 13, 2024 to stockholders of record on February 6, 2024. Recent Insider Transactions • Dec 19
Independent Director recently sold US$1.5m worth of stock On the 14th of December, Bradley Anderson sold around 10k shares on-market at roughly US$152 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.1m more than they bought in the last 12 months. Duyuru • Dec 16
D.R. Horton, Inc., Annual General Meeting, Jan 17, 2024 D.R. Horton, Inc., Annual General Meeting, Jan 17, 2024, at 10:00 Central Standard Time. Location: 1341 Horton Circle Arlington Texas United States Agenda: To elect the eight directors; to consider the executive compensation; to consider advisory vote on the frequency of future advisory votes on executive compensation; to approve the D.R. Horton, Inc. 2024 Stock Incentive Plan; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal 2024; and to conduct other business properly brought before the meeting. Duyuru • Dec 09
D.R. Horton, Inc. to Report Q1, 2024 Results on Jan 23, 2024 D.R. Horton, Inc. announced that they will report Q1, 2024 results Pre-Market on Jan 23, 2024 Upcoming Dividend • Nov 13
Upcoming dividend of US$0.30 per share at 1.0% yield Eligible shareholders must have bought the stock before 20 November 2023. Payment date: 28 November 2023. Payout ratio is a comfortable 7.2% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of British dividend payers (6.4%). Lower than average of industry peers (5.6%). Duyuru • Nov 09
D.R. Horton, Inc. (NYSE:DHI) announces an Equity Buyback for $1,500 million worth of its shares. D.R. Horton, Inc. (NYSE:DHI) announces a share repurchase program. Under the program, the company will repurchase up to $1,500 million worth of its shares. The repurchase program has no expiration date. Reported Earnings • Nov 08
Full year 2023 earnings released: EPS: US$13.93 (vs US$16.66 in FY 2022) Full year 2023 results: EPS: US$13.93 (down from US$16.66 in FY 2022). Revenue: US$35.5b (up 5.9% from FY 2022). Net income: US$4.75b (down 19% from FY 2022). Profit margin: 13% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$119, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$169 per share. New Risk • Oct 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • Oct 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Upcoming Dividend • Jul 28
Upcoming dividend of US$0.25 per share at 0.8% yield Eligible shareholders must have bought the stock before 04 August 2023. Payment date: 14 August 2023. Payout ratio is a comfortable 6.9% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.7%). Reported Earnings • Jul 20
Third quarter 2023 earnings released: EPS: US$3.93 (vs US$4.70 in 3Q 2022) Third quarter 2023 results: EPS: US$3.93 (down from US$4.70 in 3Q 2022). Revenue: US$9.73b (up 11% from 3Q 2022). Net income: US$1.34b (down 19% from 3Q 2022). Profit margin: 14% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year. Duyuru • Jul 06
D.R. Horton, Inc. (NYSE:DHI) acquired Truland Homes, LLC for approximately $100 million. D.R. Horton, Inc. (NYSE:DHI) acquired Truland Homes, LLC for approximately $100 million on July 5, 2023. D.R. Horton plans to combine the Truland operations with its current D.R. Horton platforms in Baldwin County, Alabama and Northwest Florida.
D.R. Horton, Inc. (NYSE:DHI) completed the acquisition of Truland Homes, LLC on July 5, 2023. Duyuru • Jun 25
D.R. Horton, Inc.(NYSE:DHI) dropped from Russell 1000 Growth Index D.R. Horton, Inc.(NYSE:DHI) dropped from Russell 1000 Growth Index Duyuru • Jun 14
D.R. Horton, Inc. to Report Q3, 2023 Results on Jul 20, 2023 D.R. Horton, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 20, 2023 
