Latest news with #D.R.Horton
Yahoo
2 days ago
- Business
- Yahoo
Parnassus Core Equity Fund Sold D.R. Horton (DHI) Due to Uncertain Housing Demand
Parnassus Investments, an investment management company, released the 'Parnassus Core Equity Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The Fund (Investor Shares) fell -2.44% (net of fees) in the quarter, outperforming the S&P 500 Index's -4.27% return. U.S. equities fell in the first quarter, showing a shift from the robust gains of the previous quarter. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Parnassus Core Equity Fund highlighted stocks such as D.R. Horton, Inc. (NYSE:DHI). D.R. Horton, Inc. (NYSE:DHI) is a homebuilding company. The one-month return of D.R. Horton, Inc. (NYSE:DHI) was 7.70%, and its shares lost 9.78% of their value over the last 52 weeks. On June 26, 2025, D.R. Horton, Inc. (NYSE:DHI) stock closed at $127.15 per share, with a market capitalization of $39.058 billion. Parnassus Core Equity Fund stated the following regarding D.R. Horton, Inc. (NYSE:DHI) in its Q1 2025 investor letter: "We also repositioned to increase our underweight in Consumer Discretionary by selling homebuilder D.R. Horton, Inc. (NYSE:DHI) amid uncertainty and increasing risk to housing fundamentals. D.R. Horton's cycle risk is now more accurately priced in. Additionally, housing demand prospects in the areas where the company operates remain uncertain." A construction site of a multi-family residential complex, a modern urban skyline in the background. D.R. Horton, Inc. (NYSE:DHI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held D.R. Horton, Inc. (NYSE:DHI) at the end of the first quarter, which was 60 in the previous quarter. In the fiscal second quarter of 2025, D.R. Horton, Inc. (NYSE:DHI) reported revenue of $7.7 billion, down 15% from prior year's quarter. While we acknowledge the potential of D.R. Horton, Inc. (NYSE:DHI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered D.R. Horton, Inc. (NYSE:DHI) and shared the list of stocks Jim Cramer recently discussed. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of DHI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Globe and Mail
7 days ago
- Business
- Globe and Mail
$796,000 in Q2 Sales Delivers Highest Earnings to Date on 3 Trailing Quarters of Profitability: Innovative Designs, Inc. (Symbol: IVDN)
$IVDN Superior Insulation Supplier in Multi-Billion Homebuilding Industry / Super Small Share Structure with Only 38 Million OS / 16 Million Float Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition. New Board Member has Ties to Industry Leaders Including D.R. Horton $DHI, Ryan Homes $NVR and More Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages. Record Sales Growth and Highest Profitability Level to Date for First 6 Months of 2025 With 265% Increase Year-Over-Year. First Half of 2025 Already Approximately Equals All of 2024 Revenue Total. Fiscal First Quarter Results Deliver Over 720% Increase, Largest Percentage Revenue Growth in Company History. Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year. New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not. Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand. Process Underway for Uplisting to OTCQB Tier. Innovative Designs, Inc. (Symbol: IVDN), manufactures and markets its unique, patented Insultex® material, a quantum leap forward in insulation based on proprietary evacuated (vacuum) cells. IVDN products deliver optimum warmth and comfort via insulating, windproof and waterproof protection with no animal materials. IVDN holds issued US patents on both the evacuated cell material and its manufacturing process. For home building, home remodeling and other construction, significant improvements in energy efficiency measures, such as IVDN Insultex House Wrap® can provide, have never been more important. Superior insulation, for heating or cooling, is fast becoming a primary factor in the multi-billion dollar construction and remodeling industry. In addition to lowering construction costs because additional insulation boards or supports are not needed, Insultex® use results in high energy efficiency and a reduction of greenhouse gas emissions that contribute to the global climate change crisis. IVDN Insultex House Wrap® delivers an unmatched R-6 rating because of its unique and patented evacuated or vacuum cell structure design. The dedicated IVDN Insultex House Wrap® website explains the scientific principles in detail along with visual aids. Insultex® also provides a moisture barrier and other key benefits that make it simply the best insulation choice available today. The IVDN Insultex House Wrap ® website may be visited at No other product on the market offers a vacuum cell structure. A vacuum is the best thermal insulation possible and only Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other key benefits. The result is a substantial savings for new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with competitor products. Sales of IVDN Insultex House Wrap® are now benefiting from new government building codes calling for continuous insulation and exterior R-Value requirements. Insultex House Wrap® is starting to be recognized as the very best option to satisfy the new requirements in terms of performance, cost effectiveness and ease of installation. Management is currently in the process of uplisting IVDN stock to the higher OTCQB tier for wider exposure and access by more investors and brokerage services. The Company does meet all uplisting requirements and the process is expected to be completed in the near term. For investors, IVDN has a very small share structure with only about 38 million shares outstanding and a public float of about 16 million shares. Also, according to the latest 10-K filing, Management and Directors are holding over 8.4 million of these shares making IVDN avery lean stock. Innovative Designs Delivers Record Sales Growth and Highest Profitability Level to Date for First 6 Months of 2025 With 265% Increase Year-Over-Year Superior and Patented Evacuated Cell Insulation Continues to Gain Homebuilding and Remodeling Industry Recognition with Rising Demand On June 17th IVDN announced that the Company had filed its financial report for the fiscal second quarter of 2025, ending on April 30th. IVDN has reported that continuing revenue growth has pushed the latest results well above previous projections, reaching $796,369 in fiscal Q2 (a 165% increase over fiscal Q2 of 2024). Total revenues for the first 6 months of 2025 reached $1,340,285 (a 265% increase over the total for the same period in 2024). IVDN has now reported profitability for the past three trailing quarters and record revenue growth for the past 4 trailing quarters. With this fiscal Q2 filing, the profit level has also increased to a new high for the Company's history with over $240,000 in net income for the first 6 months of 2025 vs. a $41,000 loss at the same point in 2024. Fiscal First Quarter Results Deliver Over 720% Increase, Eclipsing All First Quarter Results by Largest Margin in Company History On March 24th IVDN announced for the Company's 2025 fiscal first quarter, ended January 31st, revenues reached over $543,000 vs. $65,886 for the same period in the previous year. This represents a comp. increase of over 720%. Strongly rising sales of Insultex House Wrap(R), are responsible for most of the impressive revenue growth that the Company is now experiencing. Because of the sharp and continuing rise in demand for this unparalleled home insulation, IVDN has been working to develop increased production capacity. The main production facility in Massachusetts has been able to substantially accelerate product output. IVDN also been researching and developing additional production facilities in other parts of the country and this additional production is now also beginning to add to the available supply. Because of these efforts IVDN has made dramatic progress in filling a large backlog of orders for Insultex House Wrap(R) and cut our delivery times down from 6 or 8 weeks to much shorter periods. This improvement in delivery has pleased existing and new customers to the extent that even faster order flow is coming as a result. Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More On January 23rd IVDN announced a new addition to its Board of Directors, Mr. John Spagnolo Jr., an accomplished real estate investor and developer. For over 20 years Mr. Spagnolo, Jr. has been successful in building high end homes, residential and commercial properties and other development projects. Most notably, Mr. Spagnolo, Jr., has nurtured relationships with contacts at some of the most important companies in the multi-billion-dollar homebuilding and construction industry. These include D.R. Horton, NVR [Ryan Homes], Maronda Homes, Rockford Homes, Fischer Homes, Infinity Custom Homes and more. For more information on $IVDN visit: and Follow Innovative Designs, Inc. (IVDN) on X (formerly Twitter) here: Disclosure listed on the CorporateAds website Media Contact Company Name: INNOVATIVE DESIGNS, INC. Contact Person: Joseph Riccelli, CEO Email: Send Email Phone: 412-799-0350 Address: 124 Cherry St City: Pittsburgh State: Pennsylvania Country: United States Website:
Yahoo
11-06-2025
- Business
- Yahoo
Here's What To Make Of D.R. Horton's (NYSE:DHI) Decelerating Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of D.R. Horton (NYSE:DHI) looks decent, right now, so lets see what the trend of returns can tell us. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for D.R. Horton, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.18 = US$5.5b ÷ (US$36b - US$5.0b) (Based on the trailing twelve months to March 2025). Thus, D.R. Horton has an ROCE of 18%. On its own, that's a standard return, however it's much better than the 14% generated by the Consumer Durables industry. See our latest analysis for D.R. Horton Above you can see how the current ROCE for D.R. Horton compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for D.R. Horton . While the current returns on capital are decent, they haven't changed much. The company has consistently earned 18% for the last five years, and the capital employed within the business has risen 118% in that time. Since 18% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Stable returns in this ballpark can be unexciting, but if they can be maintained over the long run, they often provide nice rewards to shareholders. In the end, D.R. Horton has proven its ability to adequately reinvest capital at good rates of return. And long term investors would be thrilled with the 130% return they've received over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research. If you're still interested in D.R. Horton it's worth checking out our to see if it's trading at an attractive price in other respects. While D.R. Horton isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
09-06-2025
- Business
- Yahoo
D.R. Horton, Inc. Announces Dual Listing on NYSE Texas
ARLINGTON, Texas, June 09, 2025--(BUSINESS WIRE)--D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same "DHI" ticker symbol on NYSE Texas. David Auld, Chairman of the Board, said, "We are pleased to be a Founding Member of NYSE Texas and show our support to the state we have called home for nearly fifty years. We believe Texas's long-standing commitment to pro-growth, business-friendly policies promotes a resilient economy. As the Lone Star State's economy continues to thrive and build momentum, we are committed to contributing in a meaningful way by providing housing to the rapidly growing population of Texas." "Based in Texas, D.R. Horton has been the largest homebuilder by volume in the United States for over two decades," said Chris Taylor, Chief Development Officer, NYSE Group. "We are proud to welcome the Company to NYSE Texas as a Founding Member." About D.R. Horton, Inc. D.R. Horton, Inc., America's Builder, has been the largest homebuilder by volume in the United States since 2002 and has closed more than 1,100,000 homes in its 46-year history. D.R. Horton has operations in 126 markets in 36 states across the United States and is engaged in the construction and sale of high-quality homes through its diverse product portfolio with sales prices generally ranging from $250,000 to over $1,000,000. The Company also constructs and sells both single-family and multi-family rental properties. During the twelve-month period ended March 31, 2025, D.R. Horton closed 86,137 homes in its homebuilding operations, in addition to 3,312 single-family rental homes and 2,282 multi-family rental units in its rental operations. D.R. Horton also provides mortgage financing, title services and insurance agency services for its homebuyers and is the majority-owner of Forestar Group Inc., a publicly traded national residential lot development company. View source version on Contacts Jessica Hansen, 817-390-8200Senior Vice President - CommunicationsInvestorRelations@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
09-06-2025
- Business
- Business Wire
D.R. Horton, Inc. Announces Dual Listing on NYSE Texas
ARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same 'DHI' ticker symbol on NYSE Texas. David Auld, Chairman of the Board, said, 'We are pleased to be a Founding Member of NYSE Texas and show our support to the state we have called home for nearly fifty years. We believe Texas's long-standing commitment to pro-growth, business-friendly policies promotes a resilient economy. As the Lone Star State's economy continues to thrive and build momentum, we are committed to contributing in a meaningful way by providing housing to the rapidly growing population of Texas.' 'Based in Texas, D.R. Horton has been the largest homebuilder by volume in the United States for over two decades,' said Chris Taylor, Chief Development Officer, NYSE Group. 'We are proud to welcome the Company to NYSE Texas as a Founding Member.' About D.R. Horton, Inc. D.R. Horton, Inc., America's Builder, has been the largest homebuilder by volume in the United States since 2002 and has closed more than 1,100,000 homes in its 46-year history. D.R. Horton has operations in 126 markets in 36 states across the United States and is engaged in the construction and sale of high-quality homes through its diverse product portfolio with sales prices generally ranging from $250,000 to over $1,000,000. The Company also constructs and sells both single-family and multi-family rental properties. During the twelve-month period ended March 31, 2025, D.R. Horton closed 86,137 homes in its homebuilding operations, in addition to 3,312 single-family rental homes and 2,282 multi-family rental units in its rental operations. D.R. Horton also provides mortgage financing, title services and insurance agency services for its homebuyers and is the majority-owner of Forestar Group Inc., a publicly traded national residential lot development company.
