3 Homebuilding Stocks Fall After D.R. Horton's Q3 Report
DHID.R. Horton(DHI) Schaeffers Investment Research·2024-10-30 01:30

The homebuilding sector is facing pressure today, after D.R. Horton (DHI) reported lackluster fiscal fourthquarter results and issued worse-than-expected 2025 guidance. As a result, DHI is heading for its worst day since March 2020, and sector peers Lennar Corp Class A (NYSE:LEN), KB Home (NYSE:KBH), and PulteGroup, Inc. (NYSE:PHM). Lennar stock was one of the worst stocks trading on the S&P 500 Index (SPX) this afternoon, though its pared some losses to trade 3.5% lower at $168.06, at last glance. While to ...