secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000882184-23-000110
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 $4.45, revenue up 9% to $10.5B; raises dividend 20% to $0.30/share
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- Q4 net income $1.5B ($4.45 diluted) vs $1.6B ($4.67) YoY; consolidated revenue $10.5B (+9%).
- Net sales orders up 39% to 18,939 homes; cancellation rate improved to 21% from 32%.
- FY2023 net income $4.7B ($13.82 diluted) on revenue $35.5B (+6%); operating cash flow $4.3B.
- Quarterly dividend increased 20% to $0.30/share, payable Nov 28 to holders of record Nov 21.
- FY2024 guidance: consolidated revenue $36-37B, 86,000-89,000 home closings; new $1.5B buyback auth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218423000110/0000882184-23-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218423000110/dhi-20231107.htm
  HTML page:      https://secwatch.observer/filing/0000882184-23-000110

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