D.R. Horton Inc. (DHI) is slated to report first-quarter fiscal 2024 (ended Dec 31, 2023) results on Jan 23, before the opening bell.In the last reported quarter, the company’s earnings and revenues surpassed the Zacks Consensus Estimate by 11.8% and 4.5%, respectively. Yet, earnings of this homebuilding company declined 4.7%, but revenues were up 9% from the year-ago reported figures.Markedly, D.R. Horton reported better-than-expected earnings in 18 of the last 19 quarters.The Trend in Estimate RevisionThe ...

ArtistGNDphotography Investment thesis My initial "Strong Buy" rating for D.R. Horton (NYSE:DHI), which I shared in early September, aged exceptionally well because the stock has rallied by 35% since then. To add context, the S&P 500 appreciated 6.5% over the same period. Today, I briefly summarize recent developments and share my FQ1 2024 earnings preview. Overall, I am optimistic about the company's prospects, given the solid secular tailwinds behind DHI's back multiplied by the exceptional execution ...

D.R. Horton (DHI) ended the recent trading session at $151.96, demonstrating a -0.67% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.56% for the day. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.59%.The homebuilder's stock has climbed by 1.83% in the past month, exceeding the Construction sector's loss of 1.43% and the S&P 500's gain of 1.2%.The investment community will be paying close attention to the earnings perfo ...

The market expects D.R. Horton (DHI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

Investors are always looking for stocks that are poised to beat at earnings season and D.R. Horton, Inc. (DHI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because D.R. Horton is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...

ArtistGNDphotography Introduction The consumer discretionary sector is exciting during this time. Investors prefer investing in companies with less volatility and cyclicity when business uncertainty increases. Therefore, consumer discretionary companies are not among the top picks as investors fear the end of the economic cycle. That's when high-quality companies shine, as sometimes their shares are attractive due to sell-offs while the company is in good shape. One interesting company is D.R. Horton (NYSE: ...

Key PointsAs the FED pivots into a more accessible policy coming into 2024, one industry is showing promising signs of expansion.One stock, Scotts Miracle-Gro, is quickly becoming the favorite in the group; connecting the dots has never been easier.Analysts agree no competitor comes even close to having the tailwinds this name carries today.5 stocks we like better than Scotts Miracle-GroSometimes, the market is very blunt in the way it lets investors know what participants are after; other times, it almost ...

Since Warren Buffett took the helm at Berkshire Hathaway (BRK.A 0.81%) (BRK.B 0.71%) nearly 60 years ago, the stock has nearly doubled the total return achieved by the S&P 500. Last year, however, Buffett didn't beat the market.That doesn't mean he didn't have some big winners in Berkshire's portfolio, though. There's one stock in particular that Buffett bought in mid-2023 that he probably wishes he had purchased sooner.The second-best Buffett stock of 2023Buffett didn't buy many stocks last year. Actually, ...

Thinking about buying stocks as the new year begins? You might want to press the pause button.No, I'm not recommending that you avoid the stock market altogether. That could prove to be a mistake over the long term. However, Warren Buffett has some words of wisdom that I think every investor should heed. Take Buffett's advice: Don't buy any stock in 2024 unless it passes this straightforward test. The Buffett testIn Buffett's annual letter to Berkshire Hathaway (BRK.A 0.50%) (BRK.B 0.53%) shareholders relea ...

In 2023, stocks of homebuilders experienced a significant surge, and this upward momentum is anticipated to persist throughout 2024, despite apprehensions regarding elevated mortgage rates and affordability challenges. Homebuilding companies have consistently revealed impressive quarterly results, expressing optimism about the growth of new orders and deliveries in the upcoming quarters.In fact, the Federal Reserve's decision to maintain interest rates at a 22-year high of 5.25-5.5% brings optimism to the h ...