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

Rating:
Hold DHI

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

Posted on: Monday,  Aug 13, 2007  9:25 AM ET by JP Morgan

DR Horton
(DHI) Neutral by JP Morgan.

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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/13/2007 9:25 AM Hold
None
17.44
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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