D.R. Horton falls after forecasting lower quarterly home sales margin

Shares of homebuilder D.R.Horton DHI.N down 1% at $154.6 in morning trading

DHI executive says home sales gross margin to be lower in Q2 compared to Q1

Expects to generate consolidated revenues in the range of $7.3 billion to $7.8 billion in Q2

DHI posts Q1 revenue of $6.89 billion, beating Wall Street's estimate of $6.60 billion, as its incentive offers for buyers and the Federal Reserve's interest-rate cuts boosted home sales

Q1 profit of $2.03 per share, vs estimates of $1.93 per share - data compiled by LSEG

DHI repurchased 4.4 million shares of common stock for $669.7 million during the quarter

DHI gained 3% in 2025