D R Horton Inc Stock Price, News & Analysis

Forestar Group (NYSE:FOR) has scheduled its fourth quarter and fiscal year 2025 earnings release for October 28, 2025, before market opening. The company will host a conference call at 11:00 a.m. ET the same day.

Investors can access the call via phone using dial-in number 888-506-0062 with access code 756007, or through a webcast on the company's investor relations website. A replay will be available until November 4, 2025, via phone (877-481-4010, passcode 52793) and through January 31, 2026, on the company website.

Forestar Group Inc. (NYSE: FOR), a leading national residential lot developer, reported its fiscal 2025 third quarter results with mixed performance. The company achieved consolidated revenues of $390.5 million, up 23% year-over-year, and increased residential lot sales by 11% to 3,605 lots.

Despite revenue growth, net income decreased 15% to $32.9 million ($0.65 per diluted share) compared to $38.7 million in Q3 2024. The company maintains a strong position with 102,300 owned and controlled lots, including 25,700 lots under contract representing approximately $2.3 billion in future revenue. Forestar updated its fiscal 2025 guidance, now expecting to deliver between 14,500 and 15,000 lots, while maintaining revenue guidance of $1.50-1.55 billion.

D.R. Horton (NYSE:DHI), America's largest homebuilder, reported its fiscal Q3 2025 results with net income of $1.0 billion ($3.36 per diluted share), down 24% year-over-year. The company achieved consolidated revenues of $9.2 billion, with home sales revenues of $8.6 billion from 23,160 homes closed.

Key highlights include net sales orders of 23,071 homes valued at $8.4 billion, and significant shareholder returns through $1.2 billion in share repurchases and a quarterly dividend of $0.40 per share. The company maintained strong liquidity of $5.5 billion and updated its fiscal 2025 guidance to 85,000-85,500 homes closed with consolidated revenues of $33.7-34.2 billion.

Despite market challenges including affordability constraints, DHI demonstrated operational strength with a pre-tax margin of 14.7% and homebuilding gross margin of 21.8%, though sales incentives are expected to increase in Q4 2025.

Forestar Group Inc. (NYSE: FOR) has announced its dual listing on NYSE Texas, while maintaining its primary listing on the New York Stock Exchange under the same "FOR" ticker symbol. The company joins as a Founding Member of the newly launched fully electronic equities exchange based in Dallas, Texas.

The company highlighted its strong presence in Texas with over 26,000 owned and controlled lots and 50 active communities in the state. Chairman Donald J. Tomnitz emphasized Texas's pro-growth, business-friendly policies and the company's commitment to supporting the state's growing housing needs.

D.R. Horton (NYSE:DHI), America's largest homebuilder by volume, announced its dual listing on NYSE Texas, a new fully electronic equities exchange in Dallas, while maintaining its primary NYSE listing under the same DHI ticker. As a Founding Member of NYSE Texas, the company demonstrates its commitment to Texas, where it has been headquartered for nearly 50 years. Chairman David Auld emphasized Texas's pro-growth, business-friendly policies and resilient economy as key factors in their decision, highlighting their role in providing housing for the state's growing population. This strategic move aligns with the company's long-standing presence in Texas and its position as the nation's leading homebuilder for over two decades.

Forestar Group Inc. (NYSE: FOR) has announced it will release its third quarter fiscal 2025 financial results on Tuesday, July 22, 2025, before market opening. The company will host a conference call at 11:00 a.m. Eastern Time on the same day, with dial-in number 888-506-0062 and access code 716713. Participants are advised to join five minutes early. The call will be webcast on investor.forestar.com. A replay will be available after 3:00 p.m. ET at 877-481-4010 with passcode 52408, accessible through July 29, 2025. The webcast replay will remain available on the company's website until November 15, 2025.

D.R. Horton (NYSE:DHI), America's Builder, has scheduled its fiscal 2025 third quarter earnings release for July 22, 2025, before market opening. The company will host a conference call at 8:30 a.m. ET on the same day. Investors can join via phone using dial-in number 888-506-0062 with access code 586904, or through a webcast on the company's investor website.

A replay will be available after 12:30 p.m. ET at 877-481-4010 using passcode 52578, accessible through July 29, 2025. The webcast replay will remain available on the company's website until November 15, 2025.

D.R. Horton, America's Builder, has announced the pricing of $500 million senior notes offering with a 4.850% interest rate, maturing on October 15, 2030. The notes will pay interest semi-annually, with the offering expected to close on May 5, 2025.

Key details:

• Interest rate: 4.850% per year
• Maturity date: October 15, 2030
• Expected closing: May 5, 2025
• Use of proceeds: General corporate purposes

The offering is being managed by several major financial institutions, including Mizuho Securities USA, U.S. Bancorp Investments, Wells Fargo Securities, BofA Securities, J.P. Morgan Securities, and others. The company has filed a registration statement with the SEC, and interested investors can access documents through the SEC website or by contacting the joint book-running managers.

Forestar Group (NYSE: FOR) reported its fiscal 2025 second quarter results with mixed performance. Net income decreased 30% to $31.6 million ($0.62 per diluted share) compared to $45.0 million ($0.89 per diluted share) in Q2 2024. Despite the decline in profits, consolidated revenues increased 5% to $351.0 million, with residential lots sold up 4% to 3,411 lots.

The company strengthened its financial position by issuing $500 million of 6.50% senior unsecured notes due 2033 and completing a tender offer to purchase $329.4 million of existing 3.85% notes due 2026. Forestar maintained a strong lot position of 105,900 lots (68,400 owned and 37,500 controlled) with $2.3 billion in future contracted revenue.

Due to home affordability constraints and declining consumer confidence, Forestar revised its fiscal 2025 guidance downward to 15,000-15,500 lot deliveries and revenue of $1.5-1.55 billion, compared to previous guidance of 16,000-16,500 lots and $1.6-1.65 billion revenue.