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Fly News Breaks for March 26, 2018
DHI
Mar 26, 2018 | 07:12 EDT
Barclays analyst Matthew Bouley upgraded D.R. Horton to Overweight with a $52 price target. The analyst sees the company as well positioned to absorb volume demand while maintaining gross margins. He expects new construction volumes to remain relatively unaffected as interest rates rise and thinks the recent weakness in the shares provides upside potential.
News For DHI From the Last 2 Days
DHI
Apr 18, 2024 | 06:38 EDT
In Q2: Homes closed increased 15% to 22,548 homes and 14% in value to $8.5B. Net sales orders increased 14% to 26,456 homes and 17% in value to $10.1B.
DHI
Apr 18, 2024 | 06:33 EDT
FY24 consensus $36.32B. Sees FY24: Homes closed by homebuilding operations of 89,000 homes to 91,000 homes; Share repurchases of approximately $1.6B; Income tax rate of approximately 23.5% to 24.0%. The company reiterates its fiscal 2024 guidance for cash flow provided by homebuilding operations of approximately $3B.
DHI
Apr 18, 2024 | 06:30 EDT
DHI
Apr 17, 2024 | 13:19 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Blackstone (BX), consensus 96c... Elevance Health (ELV), consensus $10.53... D.R. Horton (DHI), consensus $3.06... Genuine Parts (GPC), consensus $2.16... Snap-on (SNA), consensus $4.64... Keycorp (KEY), consensus 22c... Ally Financial (ALLY), consensus 33c... Alaska Air (ALK), consensus ($1.05).
