D.R. Horton (DHI) reachead $146.10 at the closing of the latest trading day, reflecting a +0.67% change compared to its last close.
D.R. Horton (DHI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mortgage rates remain elevated throughout February and reaching a two-month high, according to Freddie Mac's latest reading. Shares of homebuilder Toll Brothers (TOL) rise after topping fiscal first-quarter earnings estimates on Tuesday. What is Toll Brothers' guidance forecasting for US housing market hopes? John Lovallo, UBS US Homebuilders & Building Products Equity Research Analyst, explains patterns in housing demand and how homebuilders are managing to maintain resiliency amid mortgage rate and inventory pressures. "It's been a tale of two markets. The new home market has been very good, and we can talk about that. It's the existing home market, because there's no supply of inventory on the ground, which has been much more sort of locked in place, if you will," Lovallo tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.