D.R. Horton Projects Fiscal 2027 Revenue Between $30B and $32B Amid Rising Mortgage Rates
D.R. Horton (DHI) management reported that rising mortgage rates significantly pressured new home demand during the fourth quarter. In response to these challenging market conditions, the company has provided a revenue outlook for fiscal 2027, forecasting between $30 billion and $32 billion. CEO Paul Romanowski noted that the sharp increase in interest rates created headwinds for buyer activity. The company is adjusting its strategic approach to navigate this period of elevated borrowing costs while maintaining its market position within the residential construction sector.
Tickers: $DHI
Topics: earnings call homebuilding housing demand mortgage rates
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Part of the story D.R. Horton Reports Q4 2026 Results and Outlines Strategy Amid High Mortgage Rates (5 articles)