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Residential Construction News
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D.R. Horton sees 26 perecent spike in 4Q orders
Fri 5:20 pm ET (AP)
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.
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| Intraday
Price Performance | % Change | Market
Cap | |
N V R L P
[NVR] |
+1.92%
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$4.0 B
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| Market Capitalization: | 27B | | Price
/ Earnings: | NM | | Price
/ Book: | 1.6 | | Net
Profit Margin (mrq): | -24.7% | | Price
To Free Cash Flow (mrq): | 9.2 | | Return
on Equity: | 0.0% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 1.2% |
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