D.R. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Home.
Last week, Susquehanna Financial Group analyst Jack Micenko downgraded D.R. Horton rating the company Neutral from Positive.
Yesterday, the homebuilder stocks declined after sales of previously owned U.S. homes fell more than forecast in March. The reported
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