Articles from D.R. Horton, Inc.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2024 on Tuesday, October 29, 2024 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 584166. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that its Board of Directors (the “Board”) has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024.

D.R. Horton, Inc. (“D.R. Horton” or the “Company”) (NYSEDHI), America’s Builder, announced that it has priced a registered underwritten public offering of $700 million aggregate principal amount of 5.000% senior notes due 2034. The senior notes will pay interest semi-annually at a rate of 5.000% per year and will mature on October 15, 2034. The closing of the offering is expected to occur on August 14, 2024, subject to the satisfaction of customary closing conditions. D.R. Horton intends to use the net proceeds of the offering for general corporate purposes, including the repayment of the outstanding $500 million aggregate principal amount of its 2.500% notes due 2024 on or prior to maturity.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 956414. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, today announced the sudden passing of Donald R. Horton, the Company’s Founder and Chairman of the Board of Directors (“the Board”). David V. Auld, the Company’s Executive Vice Chairman, has been appointed by the Board to serve as Executive Chairman, effective immediately.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its second quarter ended March 31, 2024 on Thursday, April 18, 2024 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 246190. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), 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.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its first quarter ended December 31, 2023 on Tuesday, January 23, 2024 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 566897. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2023 on Tuesday, November 7, 2023 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 235357. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, today announced the promotion of Paul J. Romanowski to President and Chief Executive Officer (CEO) and his appointment to the Company’s Board of Directors, both which will be effective October 1, 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. Michael J. Murray will continue to serve as Chief Operating Officer (COO) for the Company.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), 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. D.R. Horton also acquired 156 lots and control of approximately 400 lots through option contracts from Truland affiliates and 201 lots and control of approximately 260 lots through option contracts from third parties. During calendar 2022, Truland closed 512 homes ($244 million in revenue) with an average home size of approximately 2,340 square feet and an average sales price of $477,000. D.R. Horton expects to pay approximately $100 million in cash for the purchase, and the Company plans to combine the Truland operations with its current D.R. Horton platforms in Baldwin County, Alabama and Northwest Florida.

The D.R. Horton Capital division and developers from Forestar Group were joined by the Mayor of Frederick, Michael O’Connor, to celebrate the groundbreaking of the new Renn Quarter community clubhouse on Friday, June 2.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its third quarter ended June 30, 2023 on Thursday, July 20, 2023 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 945128. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced that the Company will participate in a fireside chat that will be streamed live to the investment community via webcast at the 16th Annual J.P. Morgan Homebuilding and Building Products Conference on Tuesday, May 16, 2023 at 11:40 a.m. Eastern Time.

Individuals and families in search of space and convenience at an attractive price will find what they are looking for at The Lakes at Statham. This new community is now leasing as the first single-family for rent community by D.R. Horton in the Barrow County area.

Individuals and families in search of space and convenience at an attractive price will find what they are looking for at Midsomer. This new community is now leasing as the first single-family for rent community by D.R. Horton in the Aiken County area.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its second quarter ended March 31, 2023 on Thursday, April 20, 2023 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 420753. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced that the Company will present to the investment community via webcast at the Barclays Industrial Select Conference on Wednesday, February 22, 2023 at 2:25 p.m. Eastern Time.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, today announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory and 173 homes in sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes ($48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of $313,600. D.R. Horton expects to pay approximately $107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its first quarter ended December 31, 2022 on Tuesday, January 24, 2023 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 364701. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2022 on Wednesday, November 9, 2022 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 728765. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, sadly announces that Michael W. Hewatt, a longtime member of the Company’s Board of Directors, passed away on August 25, 2022. Mr. Hewatt joined the D.R. Horton Board in 2005 and served as the Chair of the Audit Committee for over a decade. During Mr. Hewatt's tenure on the Board, the Company navigated multiple housing cycles and experienced tremendous growth, while significantly improving its capital efficiency, balance sheet strength and returns to shareholders. The Company greatly appreciates Mr. Hewatt’s many contributions and expresses its deepest condolences to his family.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its third quarter ended June 30, 2022 on Thursday, July 21, 2022 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 239579. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced that the Company will present to the investment community via webcast at the UBS Global Industrials and Transportation Conference on Tuesday, June 7, 2022 at 9:40 a.m. Eastern Time.

D.R. Horton, Inc. (NYSEDHI) (“D.R. Horton”), America’s Builder, today announced the successful completion of the cash tender offer, through its directly owned subsidiary, for all of the outstanding shares of common stock of Vidler Water Resources, Inc. (Nasdaq: VWTR) (“Vidler”), at a purchase price of $15.75 per share in cash, without interest and less applicable tax withholding. As of the tender offer expiration at one minute after 11:59 p.m., Eastern Time, on May 24, 2022, 14,229,878 shares of common stock of Vidler were validly tendered and not withdrawn from the tender offer, representing approximately 77.8% of the total number of Vidler’s outstanding shares. All such shares have been accepted for payment in accordance with the terms of the tender offer, and Potable Merger Sub, Inc. expects to promptly pay for such shares.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI) (“D.R. Horton”), America’s Builder, and Vidler Water Resources, Inc. (Nasdaq: VWTR) (“Vidler”) announced today that the two companies have entered into a definitive merger agreement pursuant to which D.R. Horton will acquire Vidler for $15.75 per share in an all-cash transaction which represents a 19% premium to the 90-day volume-weighted average share price and a 39% premium to Vidler’s book value of equity.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its second quarter ended March 31, 2022 on Tuesday, April 26, 2022 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 538177. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its first quarter ended December 31, 2021 on Wednesday, February 2, 2022 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference entry code 665851. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, today announced the promotion of Paul J. Romanowski to Executive Vice President and Co-Chief Operating Officer (COO), effective October 1, 2021. In this role, Paul will share oversight of the Company’s homebuilding operations nationwide with Michael J. Murray, Executive Vice President and Co-COO.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2021 on Tuesday, November 9, 2021 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference entry code 995683. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, today reported that the Company is updating its guidance for homes closed, consolidated revenues and home sales gross margin for the fourth quarter of fiscal 2021.

D.R. Horton, Inc. (“D.R. Horton” or the “Company”) (NYSEDHI), America’s Builder, announced that it has priced a registered underwritten public offering of $600 million aggregate principal amount of 1.300% senior notes due 2026. The senior notes will pay interest semi-annually at a rate of 1.300% per year and will mature on October 15, 2026. The closing of the offering is expected to occur on August 5, 2021, subject to the satisfaction of customary closing conditions. D.R. Horton intends to use the net proceeds of the offering for general corporate purposes.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that the Company will release financial results for its third quarter ended June 30, 2021 on Thursday, July 22, 2021 before the market opens. The Company will host a conference call that morning at 8:30 a.m. Eastern Time (ET). The dial-in number is 877-407-8033. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced that the Company will participate in a fireside chat that will be streamed live to the investment community via webcast at the 14th Annual J.P. Morgan Homebuilding and Building Products Conference on Thursday, May 20, 2021 at 10:55 a.m. Eastern Time.

D.R. Horton, Inc. (NYSEDHI):

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that its Board of Directors has authorized a new $1.0 billion stock repurchase authorization replacing the Company’s previous authorization. The new authorization has no expiration date.

D.R. Horton, Inc. (NYSEDHI), America’s Builder, announced today that its Board of Directors (the “Board”) has appointed Dr. Benjamin (“Ben”) S. Carson, Sr. as an independent director effective April 20, 2021. Dr. Carson was also named as a member of the Nominating and Governance, Audit and Compensation Committees. The appointment of Dr. Carson expands the size of the Company’s Board from six to seven directors, six of whom are independent directors.