D.R. Horton joins newly launched NYSE Texas exchange

The company also provides mortgage financing, title services, and insurance agency services for homebuyers and holds a majority ownership in Forestar Group Inc., a national residential lot development company. With a current ratio of 6.94 and moderate debt levels, InvestingPro data shows DHI maintains strong financial flexibility while delivering consistent shareholder returns through 11 consecutive years of dividend growth. With a current ratio of 6.94 and moderate debt levels, InvestingPro data shows DHI maintains strong financial flexibility while delivering consistent shareholder returns through 11 consecutive years of dividend growth.

David Auld, Chairman of the Board, expressed the company’s support for the state of Texas, citing its pro-growth policies and robust economy. As Texas’s population grows, D.R. Horton aims to contribute by providing housing options.

NYSE Group’s Chief Development Officer, Chris Taylor, welcomed D.R. Horton as a Founding Member of NYSE Texas, acknowledging the company’s significant presence in the American homebuilding industry.

The company also provides mortgage financing, title services, and insurance agency services for homebuyers and holds a majority ownership in Forestar Group Inc., a national residential lot development company. With a current ratio of 6.94 and moderate debt levels, InvestingPro data shows DHI maintains strong financial flexibility while delivering consistent shareholder returns through 11 consecutive years of dividend growth.

The company also provides mortgage financing, title services, and insurance agency services for homebuyers and holds a majority ownership in Forestar Group Inc., a national residential lot development company.

This move to dual list on NYSE Texas reflects D.R. Horton’s commitment to the Texas market and its economy. The information for this article is based on a press release statement.

In other recent news, D.R. Horton, Inc. reported its financial results for the second quarter of 2025. The company announced earnings per share (EPS) of $2.58, which did not meet the forecasted $2.67, though revenue surpassed expectations at $8.36 billion, compared to the anticipated $8.15 billion. In a strategic move, D.R. Horton priced a $500 million offering of senior notes due in 2030 with a 4.850% interest rate, intending to use the proceeds for general corporate purposes. Additionally, the company made a significant amendment to its $1.4 billion repurchase facility through its subsidiary, DHI Mortgage Company, Ltd., extending the term to 2026.

Analysts have also weighed in on D.R. Horton’s performance. RBC Capital Markets downgraded its price target for the company’s stock to $105, citing a shortfall in fiscal second-quarter orders and projecting a decrease in future earnings. Meanwhile, Citizens JMP adjusted its price target to $180, down from $210, following lower-than-expected earnings and home deliveries. The analyst from Citizens JMP noted challenges such as affordability issues and tariff impacts but remains optimistic about long-term returns for patient investors.

D.R. Horton continues to navigate a complex market environment, balancing its strategic initiatives with external economic factors. The company’s recent financial and strategic activities reflect its ongoing efforts to manage capital and adapt to changing market conditions.

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