The U.S. Bureau of Labor Statistics (BLS) published its jobs report for February, revealing that 151,000 jobs were added, which is near the expected figure of 160,000.
D.R. Horton, along with other homebuilders in the US, is facing significant challenges due to economic concerns. Rising inflation, high mortgage rates, and tariff issues are leading to a decline in the industry. Savvy investors understand the importance of monitoring key indicators to choose the best companies before the market improves again.
D.R. Horton is considered a strong buy, with a potential increase of 25% because long-term Treasury yields are expected to drop below 4% in 2025. Although the company has struggled due to its reliance on first-time homebuyers and interest rates, lower rates could lead to a big recovery. To draw in buyers, the company has to provide rate buydowns and incentives, which affects their average selling prices and profit margins, but these steps are essential.
With just an hour left before the market closes, Julie Hyman and Josh Lipton discuss the main market news of the day and chat with Wall Street experts in this episode of Market Domination. Keith Lerner, co-Chief Investment Officer and chief market strategist at Truist, joins the show after changing his view on stocks (^DJI, ^IXIC, ^GSPC) to Neutral, highlighting the "soft patch" seen in the latest economic data.
D.R. Horton (DHI) finished the last trading day at $126.42, which is an increase of 0.35% compared to the day before.
We have just released a list of the 10 worst-performing stocks that are worth buying right now. In this article, we will examine how D.R. Horton, Inc. (NYSE:DHI) compares to these other struggling stocks. In 2024, the overall financial markets and economy have shown resilience despite economic challenges and rising...
D.R. Horton (DHI) shared its earnings report 30 days ago. What can we expect for the stock moving forward?
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI--D.R. Horton has announced that it will issue senior notes worth $700 million with an interest rate of 5.500%, which will mature in 2035.
The strategy of buying at a low price and selling at a high price has been effective for investors for many years. This approach helps maximize profits. It's a simple yet powerful method in the world of investing.
On Monday, stocks of various homebuilders and construction firms fell due to concerns that new tariffs might increase construction expenses.