D. R. Horton (DHI) Tops Q1 EPS by 5c
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Citi Downgrades D.R. Horton (DHI) to Neutral
January 27, 2015 6:38 AM ESTCiti downgraded D.R. Horton (NYSE: DHI) from Buy to Neutral.
For an analyst ratings summary and ratings history on D.R. Horton click here. For more ratings news on D.R. Horton click here.
Shares of D.R. Horton closed at $24.38 yesterday.
... MoreExisting U.S. Home Sales Rose to 5.04M in Dec., Missing Estimates as Prices Continue to Climb (XHB)
January 23, 2015 10:00 AM EST(Updated - January 23, 2015 10:05 AM EST)
Dec. Existing Home Sales 5.04M vs 5.08M Expected; Up 2.4% MoM
UPDATE - More from the National Association of Realtors:
Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to the National Association of Realtors. Median home prices for 2014 rose to their highest level since 2007, but total sales fell 3.1 percent from 2013.
Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted annual rate... More

