Last $24.73 USD
Change Today -0.11 / -0.44%
Volume 3.6M
DHI On Other Exchanges
Symbol
Exchange
New York
As of 2:16 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

dr horton inc (DHI) Key Developments

DR Horton Inc. Declares Quarterly Cash Dividend, Payable on February 17, 2015

DR Horton Inc. declared a quarterly cash dividend of $0.0625 per common share. The dividend is payable on February 17, 2015 to stockholders of record on February 6, 2015.

DR Horton Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014; Provides Earnings Outlook for Second Quarter and Full Year of 2015

DR Horton Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company's revenues were $2,253.0 million against $1,635.6 million a year ago. Income before income taxes was $220.7 million against $189.7 million a year ago. Net income was $142.5 million or $0.39 diluted per share against $123.2 million or $0.36 diluted per share a year ago. Net cash used in operating activities was $129.0 million against $7.7 million a year ago. Purchases of property and equipment were $11.3 million against $18.3 million a year ago. For full year 2015, the company expects to generate a 20% to 30% increase in revenues with similar levels of profitability and operating margins as the company shared on its last call. Gross margin expectations for fiscal 2015 remain unchanged from what the company shared in last quarter. In fiscal 2015, the company continues to expect to close between 34,500 and 37,500 homes and generate consolidated revenues of between $9.5 billion and $10.5 billion. The company expects its financial services operating margin to range from 25% to 30%. The company is forecasting its fiscal 2015 income tax rate to be between 35% and 36%. For second fiscal quarter of 2015, the company expects its number of homes closed to approximate a beginning backlog conversion rate of between 81% and 85%. The company anticipates its second quarter home sales gross margin will be in the range of 19.5% to 20%, subject to potential fluctuations from product mix, warranty and interest costs. The company expects its homebuilding SG&A in the second quarter to be in the range of 10.6% to 10.8% of revenues.

DR Horton Inc. to Report Q1, 2015 Results on Jan 26, 2015

DR Horton Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Jan 26, 2015

DR Horton Inc., Q1 2015 Earnings Call, Jan 26, 2015

DR Horton Inc., Q1 2015 Earnings Call, Jan 26, 2015

DR Horton Inc.(NYSE:DHI) added to S&P 500 Growth Index

DR Horton Inc.(NYSE:DHI) added to S&P 500 Growth Index

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DHI:US $24.71 USD -0.13

DHI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Lennar Corp $45.48 USD -0.73
NVR Inc $1,259 USD -9.69
PulteGroup Inc $20.53 USD -1.29
Taylor Morrison Home Corp $17.82 USD -0.18
Toll Brothers Inc $34.64 USD -0.30
View Industry Companies
 

Industry Analysis

DHI

Industry Average

Valuation DHI Industry Range
Price/Earnings 16.5x
Price/Sales 1.0x
Price/Book 1.7x
Price/Cash Flow 16.4x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DR HORTON INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.