D.R. Horton Company Overview
What is the Stock Ticker for D.R. Horton?
The stock ticker for D.R. Horton is DHI.
Where is the D.R. Horton headquarters?
D.R. Horton's headquarters is located in Arlington, Texas, United States.
What Does D.R. Horton Do?
D.R. Horton is a home construction company that builds and sells single-family homes, townhomes, and condominiums in various communities across the United States. They offer a range of floor plans and options to meet the needs of different homebuyers. The company also provides mortgage financing and title services to its customers.
How Does D.R. Horton Make Money?
D.R. Horton is a homebuilding company that makes money primarily through the sale of homes. The company builds and sells single-family homes, townhomes, and condominiums in various markets across the United States.
D.R. Horton generates revenue by selling homes to individual buyers, as well as to investors who purchase homes for rental income or resale. The company also generates revenue through its financial services segment, which provides mortgage financing and title services to homebuyers.
In addition to home sales and financial services, D.R. Horton also generates revenue through land development and lot sales. The company acquires land and develops it into residential communities, selling lots to other homebuilders or building homes on the lots themselves.
Overall, D.R. Horton's revenue is primarily driven by the sale of homes, with additional revenue streams from financial services and land development. The company's profitability is influenced by factors such as the demand for housing, interest rates, and the cost of materials and labor.
Who Founded D.R. Horton?
The founder of D.R. Horton is Donald R. Horton.
What is the History of D.R. Horton?
D.R. Horton is an American home construction company that was founded in 1978 by Donald R. Horton in Fort Worth, Texas. The company started as a small local homebuilder and has since grown to become the largest home construction company in the United States.
In the early years, D.R. Horton focused on building affordable homes for first-time homebuyers. The company expanded rapidly throughout the 1980s and 1990s, acquiring other homebuilding companies and expanding into new markets across the country.
In 2002, D.R. Horton went public and began trading on the New York Stock Exchange. The company continued to grow and expand, even during the housing market crash of 2008.
Today, D.R. Horton is headquartered in Arlington, Texas and operates in 90 markets across 29 states. The company has built over 700,000 homes since its founding and is known for its focus on quality, affordability, and customer satisfaction.
What Industry is D.R. Horton In?
D.R. Horton is in the real estate and home construction industry.
What Are D.R. Horton's Competitive Advantages?
D.R. Horton has several competitive advantages that have helped it become one of the largest homebuilders in the United States. Some of these advantages include:
1. Scale: D.R. Horton has a large scale of operations, which allows it to benefit from economies of scale. This means that the company can purchase materials and labor at lower costs than smaller competitors, which helps it to maintain a competitive edge.
2. Geographic diversity: D.R. Horton operates in 90 markets across 29 states, which gives it a broad geographic reach. This allows the company to take advantage of regional differences in demand and supply, and to adjust its operations accordingly.
3. Brand recognition: D.R. Horton is a well-known brand in the homebuilding industry, which gives it a competitive advantage over smaller, lesser-known competitors. The company's reputation for quality and reliability helps it to attract customers and retain them over time.
4. Financial strength: D.R. Horton has a strong balance sheet and access to capital, which allows it to invest in new projects and expand its operations. This financial strength also helps the company weather economic downturns and other challenges that may arise.
5. Innovation: D.R. Horton is known for its innovative approach to homebuilding, which includes the use of new technologies and materials. This allows the company to offer unique products and services that differentiate it from competitors and appeal to customers.
What Are D.R. Horton's Competitive Threats?
Some competitive threats to D.R. Horton include:
1. Other large homebuilders such as Lennar, PulteGroup, and KB Home.
2. Smaller, local homebuilders that may have a better understanding of the local market and can offer more personalized services.
3. Disruptive technologies such as 3D printing and modular construction that could potentially reduce the need for traditional homebuilding methods.
4. Economic downturns that could lead to a decrease in demand for new homes.
5. Changes in government regulations and policies that could impact the homebuilding industry.
Who Are Some of the Competitors of D.R. Horton?
Some competitors of D.R. Horton include Lennar Corporation, PulteGroup Inc., KB Home, and Toll Brothers Inc.
What Are Some of D.R. Horton's Products and Services?
Some notable products or services from D.R. Horton include single-family homes, townhomes, and condominiums in various communities across the United States. They also offer financing and mortgage services through their subsidiary, DHI Mortgage.
Has D.R. Horton Acquired any Companies?
D.R. Horton has made several notable acquisitions, including the purchase of Crown Communities in 2014 and the acquisition of Wilson Parker Homes in 2016.