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D.R. Horton stock fell on weaker-than-expected quarterly orders and ... For premium support please call: 800-290-4726 more ways ... which hinted at a pullback in incentives for the first quarter ...
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8] The company also entered the Tucson, Arizona, market. [9]
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D.R. Horton (DHI) rides on accretive acquisitions and robust backlog. However, margin woes persist.
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