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Enter Symbol:
 
D.r. Horton, Inc. (DHI) [hlAlert]

Rating:
Hold DHI

D.r. Horton, Inc. (DHI) rated Hold

Posted on: Wednesday,  Jul 11, 2007  9:25 AM ET by Pali Research

DR Horton(DHI)
Neutral by Pali Research.

D.R. Horton, Inc. (D.R. Horton) is a homebuilding company in the United States. It constructs and sells homes, through the operating divisions in 27 states and 75 metropolitan markets of the United States. The Company?s homes range in size from 1000 to 4000 square feet. During the fiscal year ended September 30, 2009 (fiscal 2009), the Company closed 16,703 homes. The Company?s operating segments consists of six homebuilding segments and a financial services segment. In fiscal 2009, the homebuilding operations comprised of 99% of the consolidated revenues of the Company. In addition to building single-family detached homes, D.R. Horton also build attached homes, such as town homes, duplexes, triplexes and condominiums (including some mid-rise buildings), which share common walls and roofs. In fiscal 2009, the sale of detached homes generated approximately 81% of the home sales revenues.

Richard Greenfield and Walter Piecyk are Managing Directors and Co-Heads of Pali Capital Research in the U.S. Pali is committed to providing the highest quality, independent research free of the potential conflicts of interest associated with proprietary trading and investment banking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2007 9:25 AM Hold
None
19.40
as of 12/24/2008
1 Week up  5.26 %
1 Month up  36.59 %
3 Months up  103.60 %
1 YTD down  -9.35 %

(*) Stock Price at the time of the recommendation.
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