D.R. Horton reports fiscal 2026 third quarter earnings
Net income decreased 12% to $904.9 million, pre-tax profit margin 13.3%.
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Residential homebuilder
drhorton.comLast updated
In short: D.R. Horton reported fiscal 2026 earnings beats but lowered its revenue guidance as high interest rates impacted buyer affordability.
Net income decreased 12% to $904.9 million, pre-tax profit margin 13.3%.
Net income is $647.9 million with $7.6 billion revenues. Declares $0.45 per share dividend. Updates guidance to $33.5-34.5 billion revenues.
Net income is $594.8 million with $6.9 billion revenues. Declares $0.45 per share dividend. Reiterates full-year guidance.
Net income was $3.6 billion for the year and the company raised the quarterly dividend to $0.45 per share.
D.R. Horton's board authorized a $5 billion expansion of its stock buyback program. The new authorization adds to roughly $53 million the home building company...
D.R. Horton's 2027 plan may target 82,000 to 86,000 closings as higher rates keep pressure on incentives, prices, and margins.
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