Why D.R. Horton Stock Was Sliding This Week
D.R. Horton(DHI) The Motley Fool·2024-01-25 22:23Shares of D.R. Horton (DHI 1.70%), the nation's biggest homebuilder, were falling this week after the company posted disappointing estimates in its fiscal first-quarter earnings report.The news comes after homebuilder stocks like D.R. Horton have seen a dramatic increase in profits over the last year or two due to a shortage of available housing and an unwillingness of homeowners to sell and lose their low-priced mortgages, creating demand for new homes.However, the company missed estimates on the bottom li ...