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Hightower strategist maintains D.R. Horton at buy, says it's a particularly great long-term pick to play US housing shortage and calls company best-in-class operator in terms of margins, return on equity; US has estimated shortage of 3.8 million houses

D.R. Horton acquires Riggins Custom Homes, one of the largest builders in northwest Arkansas; acquired assets of Riggins Custom Homes and related entities include approximately 3,000 lots, 170 homes in inventory and 173 homes in sales order backlog

Zacks: US housing space still grappling with rising mortgage rates and costs, but need for more work-at-home space, lack of existing homes for sale, other factors are aiding industry; D.R. Horton, Toll Bros among builders gaining from fundamental strength

D.R. Horton Q4 2022 Earnings Call - Transcript

D.R. Horton's fiscal Q4 net income increased 22% year-over-year to US$1.6B, consolidated revenues up 19% to US$9.6B; net sales orders down 15% to 13,582 homes and 10% in value to US$5.4B, while homes closed increased 6% to 23,212 homes

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