secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0000882184-21-000180
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D.R. Horton Q4 EPS $3.70 (+65%), FY EPS $11.41 (+78%); dividend raised to $0.225
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- Net income attributable to D.R. Horton: Q4 $1.3B (EPS $3.70, +65% YoY); FY $4.2B (EPS $11.41, +78% YoY). Revenues Q4 $8.1B (+27%), FY $27.8B (+37%).
- Homes closed FY: 81,965 (+25% YoY). Q4 net sales orders 15,949 homes (-33%) due to intentional sales restriction. Backlog value $9.5B (+16%).
- Quarterly dividend raised 13% to $0.225/share, payable Dec 15, record Dec 6. Repurchased 10.4M shares for $874M during FY; remaining authorization $546.2M.
- FY2022 guidance: consolidated revenues $32.5B-$33.5B, homes closed 90k-92k homes, income tax rate ~24%.
- Rental operations reorganized into separate segment; Forestar pre-tax income up 84% Q4; homebuilding debt to capital ratio 17.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218421000180/0000882184-21-000180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218421000180/dhi-20211109.htm
  HTML page:      https://secwatch.observer/filing/0000882184-21-000180

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