D. R. Horton

D.R. Horton, Inc. to Present at the Citi 2024 Global Industrial Tech and Mobility Conference

Retrieved on: 
Tuesday, February 13, 2024

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  • Horton, Inc. (NYSE:DHI), America’s Builder, announced that the Company will present to the investment community via webcast at the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024 at 2:40 p.m. Eastern Time.
  • Listeners are encouraged to go to the site at least five minutes before the scheduled presentation time.
  • A replay of the presentation will be available within 24 hours of the presentation and may be accessed until April 30, 2024.

D.R. Horton, Inc., America’s Builder, Reports Fiscal 2024 First Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

Retrieved on: 
Tuesday, January 23, 2024

Horton for its first fiscal quarter ended December 31, 2023 increased 2% to $2.82 per diluted share compared to $2.76 per diluted share in the same quarter of fiscal 2023.

Key Points: 
  • Horton for its first fiscal quarter ended December 31, 2023 increased 2% to $2.82 per diluted share compared to $2.76 per diluted share in the same quarter of fiscal 2023.
  • Horton in the first quarter of fiscal 2024 decreased 1% to $947.4 million compared to $958.7 million in the same quarter of fiscal 2023.
  • Consolidated revenues in the first quarter of fiscal 2024 increased 6% to $7.7 billion compared to $7.3 billion in the same quarter of fiscal 2023.
  • Horton team delivered solid results in the first fiscal quarter of 2024, highlighted by earnings of $2.82 per diluted share.

Lifestory Research Releases 2024 America's Most Trusted Home Builder Study Findings

Retrieved on: 
Wednesday, January 3, 2024

NEWPORT BEACH, Calif., Jan. 3, 2024 /PRNewswire/ -- Trust in home builders continues to decline, according to the 2024 America's Most Trusted® Study, released today. Among the largest home builders in the United States, Lifestory Research found a universal decline in trust in each national builder in the annual study. The decline in trust among home builders underscores a concerning trend within the housing industry. The study found that factors such as construction quality, adherence to timelines, transparency in communication, and customer service can contribute to the erosion of trust.

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Windy Hill Development Appoints Alan Mueller to Director of Development

Retrieved on: 
Wednesday, December 6, 2023

Windy Hill Development , a pioneering land development company establishing master-planned communities, marina estate communities, and commercial retail projects in the Greater Houston area, today announced the appointment of Alan Mueller to Director of Development.

Key Points: 
  • Windy Hill Development , a pioneering land development company establishing master-planned communities, marina estate communities, and commercial retail projects in the Greater Houston area, today announced the appointment of Alan Mueller to Director of Development.
  • Mueller brings 30 years of land development and city management experience to the role.
  • View the full release here: https://www.businesswire.com/news/home/20231206971506/en/
    Alan Mueller, the newly appointed Director of Development at Windy Hill Development (Photo: Business Wire)
    “Alan's role was instrumental in managing Pearland’s tremendous expansion in the late 1990s and early 2000s.
  • “At Windy Hill Development, we're actively contributing to this growth by developing communities with workforce housing, with homes priced around $300,000.

Forestar Names Anthony W. Oxley as Incoming CEO and Announces Retirement of Daniel C. Bartok

Retrieved on: 
Tuesday, November 28, 2023

Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today announced the retirement of Daniel (Dan) C. Bartok and the appointment of Anthony (Andy) W. Oxley as President and Chief Executive Officer (CEO), effective January 1, 2024.

Key Points: 
  • Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today announced the retirement of Daniel (Dan) C. Bartok and the appointment of Anthony (Andy) W. Oxley as President and Chief Executive Officer (CEO), effective January 1, 2024.
  • Bartok will support Forestar in a consulting role for an extended period to ensure a seamless transition.
  • Donald J. Tomnitz, Chairman of the Board, said, “I’d like to express our gratitude to Dan for all of his significant contributions to Forestar.
  • During Dan’s tenure as CEO, Forestar has achieved tremendous growth and become a leading residential lot developer in the United States.

D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2023 Earnings and Increases Quarterly Dividend to $0.30 Per Share

Retrieved on: 
Tuesday, November 7, 2023

Horton, Inc. (NYSE:DHI), America’s Builder, today reported net income of $4.45 per diluted share for its fourth fiscal quarter ended September 30, 2023 compared to $4.67 per diluted share in the same quarter of fiscal 2022.

Key Points: 
  • Horton, Inc. (NYSE:DHI), America’s Builder, today reported net income of $4.45 per diluted share for its fourth fiscal quarter ended September 30, 2023 compared to $4.67 per diluted share in the same quarter of fiscal 2022.
  • Net income in the fourth quarter of fiscal 2023 was $1.5 billion compared to $1.6 billion in the same quarter of fiscal 2022.
  • For the fiscal year ended September 30, 2023, net income per common share decreased 16% to $13.82 per diluted share compared to $16.51 per diluted share in fiscal 2022.
  • Consolidated revenues in the fourth quarter of fiscal 2023 increased 9% to $10.5 billion compared to $9.6 billion in the same quarter of fiscal 2022.

The True Life Companies Announces Appointment of Industry Leader Michael Lorenz as Senior Vice President of National Properties

Retrieved on: 
Wednesday, October 18, 2023

The True Life Companies (TTLC), a national firm focused on creating attainable housing throughout the U.S., has announced the appointment of Michael Lorenz as Senior Vice President of National Properties.

Key Points: 
  • The True Life Companies (TTLC), a national firm focused on creating attainable housing throughout the U.S., has announced the appointment of Michael Lorenz as Senior Vice President of National Properties.
  • View the full release here: https://www.businesswire.com/news/home/20231018806463/en/
    Scott Clark, Chairman and CEO of The True Life Companies, stated that Michael Lorenz (pictured) is a proven leader and a respected teammate across multiple disciplines within the homebuilding industry.
  • (Photo: Business Wire)
    “Michael is a proven leader and a respected teammate across multiple disciplines within the homebuilding industry,” stated Scott Clark , Chairman and CEO of The True Life Companies .
  • While Senior Vice President, Mr. Lorenz identified, targeted, and acquired more than 25 properties within three years.

D.R. Horton, Inc. Names Paul J. Romanowski as President and CEO and David V. Auld as Executive Vice Chair

Retrieved on: 
Wednesday, September 20, 2023

At that time, David V. Auld will transition from his current role as President and CEO to Executive Vice Chair of the Company’s Board of Directors.

Key Points: 
  • At that time, David V. Auld will transition from his current role as President and CEO to Executive Vice Chair of the Company’s Board of Directors.
  • Romanowski was named Co-COO in October 2021 with shared oversight of the company’s homebuilding operations nationwide and previously served as Region President overseeing all D.R.
  • I look forward to continuing to work directly with David in his new role as Executive Vice Chair.”
    “Paul has been an integral member of our D.R.
  • Horton executive team and Board of Directors in my new role as Executive Vice Chair.

D.R. Horton, Inc., America’s Builder, Reports Fiscal 2023 Third Quarter Earnings and Declares Quarterly Dividend of $0.25 Per Share

Retrieved on: 
Thursday, July 20, 2023

Horton for its third fiscal quarter ended June 30, 2023 decreased 16% to $3.90 per diluted share compared to $4.67 per diluted share in the same quarter of fiscal 2022.

Key Points: 
  • Horton for its third fiscal quarter ended June 30, 2023 decreased 16% to $3.90 per diluted share compared to $4.67 per diluted share in the same quarter of fiscal 2022.
  • Horton in the third quarter of fiscal 2023 decreased 19% to $1.3 billion compared to $1.6 billion in the same quarter of fiscal 2022.
  • Homebuilding revenue for the third quarter of fiscal 2023 increased 5% to $8.7 billion compared to $8.3 billion in the same quarter of fiscal 2022.
  • Homes closed in the quarter increased 8% to 22,985 homes compared to 21,308 homes closed in the same quarter of fiscal 2022.

D.R. Horton, Inc. Acquires the Homebuilding Operations of Truland Homes

Retrieved on: 
Wednesday, July 5, 2023

Horton, Inc. (NYSE:DHI), America’s Builder, today announced the acquisition of Truland Homes , the largest private homebuilder along the Gulf Coast.

Key Points: 
  • Horton, Inc. (NYSE:DHI), America’s Builder, today announced the acquisition of Truland Homes , the largest private homebuilder along the Gulf Coast.
  • The homebuilding assets of Truland Homes (“Truland”) acquired include approximately 263 lots, 155 homes in inventory and 55 homes in sales order backlog.
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  • Horton’s already strong local market operations.”
    Nathan Cox, Founder of Truland Homes, said, “Leading Truland Homes over the last 13 years has been the most rewarding experience of my professional career.