The housing market in 2024 continues to be complex and volatile for homebuyers and investors. Interest rate volatility, affordability concerns, and persistent inflation present ongoing challenges for the industry. However, the demand for housing remains resilient, driven by favorable demographics and a chronic supply shortage. To gain a deeper understanding of the housing market, investors often turn to earnings calls of leading homebuilders to gain insights into their performance, strategies, and outlook. ...

In the latest trading session, D.R. Horton (DHI) closed at $143.46, marking a -0.19% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.23%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq gained 0.34%.Shares of the homebuilder have depreciated by 8.79% over the course of the past month, underperforming the Construction sector's loss of 3.41% and the S&P 500's gain of 3.96%.The investment community will be paying close attention to the earnings perf ...

May's cooler-than-expected consumer price index (CPI) on a year-over-year basis is pushing bond yields lower, and the prospects of an interest rate cut in September are increasing. Homebuilding stocks -- hyper sensitive to rates and the U.S. economy -- are on the rise today. Here's what it means for three sector stalwarts: D. R. Horton Inc (NYSE:DHI), PulteGroup Inc (NYSE:PHM), and Lennar Corp (NYSE:LEN). KBH Home (KBH) was covered in depth earlier this week, with a correctly identified bullish signal. DHI ...

UKRAINE - 2021/07/18: In this photo illustration, a D.R. Horton, Inc. logo seen displayed on a ... [+] smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesOur theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has been a mixed performer this year, rising by just about 4% year-to-date. This compares to the S&P 500, which h ...

Never before in recent U.S. history has the construction industry had so much investment potential. Today, the scale of infrastructure and resources needed to complete modern projects can lead to both extraordinary financial risk and exceptional reward for investors. Much of the U.S. requires significant infrastructural and housing expansion, leading to lucrative opportunities for the firms that win contracts for renovation and expansion. As such, this leads to some potentially profitable construction stock ...

UKRAINE - 2021/07/18: In this photo illustration, a D.R. Horton, Inc. logo seen displayed on a ... [+] smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesOur theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has fared reasonably well this year, rising by about 13% year-to-date. This compares to the S&P 500, which has ga ...

When mortgage rates started to increase rapidly in the middle of 2022, the real estate market ground to a halt. Then, prices started to drop. Now, current median sales price for existing homes is still 5% lower than at the market’s height in May 2022. In March 2024, sales decreased year-over-year (YOY) in all regions of the U.S.It’s slow going in the new construction segment of the real estate industry, too. By the end of 2023, more than 30% of homebuilders had cut prices. The median sales price of new home ...

D.R. Horton (DHI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this homebuilder have returned -9.8%, compared to the Zacks S&P 500 composite's -2.5% change. During this period, the Zacks Building Products - Home Builders industry, which D.R. Horton falls in, has lost 8.1%. The key question now is: What could be the stock's future direction?While ...

mphillips007 D.R. Horton, Inc. (NYSE:DHI) is an American home construction company. Founded in 1978, D.R. Horton is now a $47 billion (by market cap) homebuilding major that employs over 13,000 people. By volume, D.R. Horton is the largest homebuilder in the United States. The company operates in 119 different markets across 33 states. D.R. Horton has three key tailwinds working in its favor. First, there's a structural imbalance between supply and demand. It's been estimated that the US has a supply defici ...

Otis Worldwide Corporation (OTIS) reported mixed results in first-quarter 2024, wherein its earnings surpassed the Zacks Consensus Estimate but net sales missed the same. The top and bottom lines grew on a year-over-year basis.Its quarterly results reflected 14 consecutive quarters of organic sales growth and the results were marked by a high-teens growth in adjusted earnings per share (EPS). Thanks to the strength in modernization, the company witnessed orders growth of more than 10%, leading to mid-teens ...