D.R. Horton Inc
DHI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #nd | LOCK|Y> | LOCK|>SYZW> |
D.R. Horton Earnings: Management Expects Demand to Remain Steady but Full Recovery Will Take Time
D.R. Horton saw strong second-quarter results, with revenue and margins in line with guidance despite elevated gas prices and weary consumer sentiment. Homes closed grew by 1% year over year, and orders rose 11%, though homebuilding gross margin fell 170 basis points to 20.1% on higher incentives.
