Barbara R. Smith
The new directors are Barbara R. Smith, M. Chad Crow and Elaine D. Crowley.
Highest-materiality recent filing
D.R. Horton subsidiary extends repurchase facility to $1.925B, maturity to 2029
Maximum commitment increased to $1.925B; maturity extended to May 4, 2029 with up to three one-year extensions.
D.R. Horton Q2 EPS $2.24, net income down 20% YoY; updates FY2026 guidance, declares $0.45 dividend
Q2 net income $647.9M ($2.24 diluted EPS), down 20% vs prior year; pre-tax margin 11.5% above guidance high end.
D.R. Horton upsizes credit facility to $3.295B, adds $4B limit with maturities to 2031
Aggregate revolving commitment increased to $3.295B across three tranches maturing 2027, 2029, and 2031.
D.R. Horton Q1 net income down 30% to $594.8M; revenues $6.9B; declares $0.45 dividend
Net income $594.8M ($2.03 diluted EPS), down 30% YoY; pre-tax profit margin 11.6%.
D.R. Horton shareholders elect all 8 directors, approve say-on-pay, ratify EY
All eight director nominees elected, including David V. Auld (242.95M for) and Paul J. Romanowski (246.61M for).
D.R. Horton Q4 EPS $3.04 (-22% YoY); dividend raised 13% to $0.45
Q4 net income $905.3M ($3.04 diluted EPS), down 29% YoY; consolidated revenue $9.7B.
D.R. Horton Q3 EPS falls 18% to $3.36; revenue $9.2B; declares $0.40 dividend
Net income attributable to D.R. Horton of $1.0B, down 24% YoY; EPS $3.36 vs $4.10.
DHI Mortgage extends repurchase facility to $1.4B, adds M&T Bank as buyer
Max aggregate commitment increased to $1.4B with accordion to $2.0B.
D.R. Horton prices $500M 4.850% Senior Notes due 2030
Offers $500M aggregate principal amount of 4.850% Senior Notes due 2030.
D.R. Horton completes $500M public offering of 4.850% senior notes due 2030
$500M aggregate principal of 4.850% Senior Notes due 2030 issued on May 5, 2025; net proceeds ~$496.7M.
D.R. Horton Q2 EPS $2.58 down 27% YoY; revenue down 15% to $7.7B; cuts FY guidance
EPS $2.58 diluted (-27% YoY); net income $810.4M (-31%); revenues $7.7B (-15%).
D.R. Horton prices $700M of 5.500% Senior Notes due 2035
Offering of $700 million aggregate principal of 5.500% Senior Notes due 2035.
D.R. Horton issues $700M in 5.500% Senior Notes due 2035
$700M aggregate principal, net proceeds $695.2M after underwriting discount.
D.R. Horton Q1 EPS $2.61, down 7% YoY; revenues $7.6B; declares $0.40 dividend
Net income $844.9M ($2.61 diluted EPS) vs $947.4M ($2.82) YoY; revenue $7.6B (-1%).
All nine director nominees elected; largest opposition was Brad S. Anderson with 14.7M against (5.7% of votes cast).
D.R. Horton amends credit facility: extends maturity to 2029, ups commitment to $2.23B
Aggregate revolving credit commitment increased to $2.23 billion.
D.R. Horton amends Forestar stockholder agreement; approval threshold raised to $45M
Approval threshold for Forestar investments increased from $20M to $45M, adjustable annually by Case-Shiller Index change.
D.R. Horton Q4 EPS $3.92 vs $4.45 YoY; FY EPS $14.34 +4%; dividend up 33% to $0.40
Q4 consolidated revenues $10.0B (-5% YoY); net income $1.3B ($3.92 EPS) vs $1.5B ($4.45) prior year.
D.R. Horton subsidiary extends mortgage repurchase facility to May 2025
DHI Mortgage extended its $XXX million repurchase facility through May 9, 2025 via Third Amendment.
D.R. Horton appoints three new independent directors, expands board to ten
Barbara R. Smith (ex-CEO Commercial Metals), M. Chad Crow (ex-CEO Builders FirstSource), Elaine D. Crowley (former CFO) joined board effective Aug 26, 2024.
D.R. Horton prices $700M of 5.000% Senior Notes due 2034
$700M aggregate principal of 5.000% Senior Notes due 2034 in an underwritten public offering.
D.R. Horton issues $700M of 5.000% Senior Notes due 2034; net proceeds $688.5M
Interest rate 5.000% per annum, payable semi-annually on April 15 and October 15 starting April 2025.
D.R. Horton Q3 EPS $4.10 (+5% YoY), revenue $10B (+2%), declares $0.30 dividend, new $4B buyback
Diluted EPS $4.10 on net income $1.35B; revenue $10.0B (+2%); homes closed 24,155 (+5%).
Founder and Chairman Donald R. Horton dies; David V. Auld appointed Executive Chairman
Founder Donald R. Horton passed away on May 16, 2024, at age 74, after leading the company for 46 years.
D.R. Horton Q2 EPS $3.52 beats $2.73; revenue $9.1B +14%; guides FY revenue $36.7-37.7B
Net income increased 24% to $1.2B; diluted EPS $3.52 vs $2.73.
D.R. Horton subsidiary amends repurchase facility, reduces maximum accordion to $2.0B
Maximum Aggregate Commitment unchanged at $1.6B; accordion feature reduced from $2.3B to $2.0B.
D.R. Horton Q1 EPS $2.82 (+2% YoY), revenue $7.7B (+6%), orders jump 35%
Net income $947.4M ($2.82/diluted share) vs $958.7M ($2.76) in prior year quarter.
D.R. Horton shareholders approve 2024 Stock Incentive Plan authorizing 18.9M new shares
Stockholders approved the 2024 Stock Incentive Plan on Jan 17, 2024, replacing the 2006 plan.
D.R. Horton Q4 EPS $4.45, revenue up 9% to $10.5B; raises dividend 20% to $0.30/share
Q4 net income $1.5B ($4.45 diluted) vs $1.6B ($4.67) YoY; consolidated revenue $10.5B (+9%).
D.R. Horton chairman gets $15.5M fiscal 2024 strategic advisor fee and RSUs
Chairman Donald R. Horton receives $3.875M cash strategic advisor fee for fiscal 2024.
D.R. Horton subsidiary extends $1.025B credit facility to 2027, raises accordion to $2.0B
Amendment No. 1 to $1.025B senior unsecured revolving credit facility extends termination date to October 10, 2027 from March 2027.
D.R. Horton names Paul Romanowski President & CEO effective Oct 1; Auld becomes Executive Vice Chair
Paul Romanowski promoted from Co-COO to President and CEO, also appointed to Board.
D.R. Horton Q3 EPS $3.90, revenue up 11% to $9.7B, orders surge 37%
Net income $1.3B ($3.90 diluted EPS) vs $1.6B ($4.67) in prior-year quarter; down 19% and 16% respectively.
D.R. Horton Q2 EPS $2.73 (down 32% YoY); pre-tax margin 15.6% vs 23.5%; orders down 5%
Net income $942.2M ($2.73/diluted) vs $1.4B ($4.03) YoY; revenue $8.0B flat vs prior year.
D.R. Horton subsidiary DHI Mortgage enters $300M repurchase facility with RBC
DHI Mortgage (D.R. Horton unit) signed $300M repurchase facility with Royal Bank of Canada.
D.R. Horton subsidiary amends mortgage repurchase facility, increases commitment to $2.0B
DHI Mortgage ups repurchase facility to $2.0B from prior amount; accordion feature allows up to $2.3B.
CEO David V. Auld appointed to D.R. Horton Board, expanding board to seven
David V. Auld, President and CEO since 2014, appointed to Board effective Jan 26, 2023.
D.R. Horton Q1 EPS $2.76, down 13% YoY; net sales orders fall 38%
Net income $958.7M ($2.76 diluted EPS) vs $1.1B ($3.17) in prior year Q1.
All six director nominees elected; Donald R. Horton received 295.6M for, 7.1M against.
D.R. Horton Q4 EPS $4.67 (+26% YoY); orders fall 15%; dividend raised to $0.25
Q4 diluted EPS $4.67 vs $3.70 YoY; net income $1.6B (+22%); consolidated revenue $9.6B (+19%).
D.R. Horton extends revolver to Oct 2027, swaps LIBOR for SOFR
Revolving credit facility termination date extended to October 28, 2027.
D.R. Horton Q3 EPS up 53% to $4.67; revenue rises 21% to $8.8B; 24% cancellation rate
Net income attributable to D.R. Horton rose 48% to $1.6B; diluted EPS $4.67 vs $3.06 YoY.
D.R. Horton Q2 FY2022 EPS $4.03 (+59% YoY), revenue $8.0B (+24%), raises FY guidance
EPS $4.03 diluted (+59% YoY), net income $1.4B (+55%); pre-tax margin 23.5% (up 520 bps).
D.R. Horton amends fiscal 2022 exec comp: reduces PTI bonus percentages, tightens PSU goals
Chairman & CEO PTI bonus percentages reduced to 0.20% (from 0.60%/0.40%); annual cap $14M.
D.R. Horton subsidiary DRH Rental secures $625M credit facility, maturing 2026
DRH Rental entered into a $625M 4-year unsecured revolver with Mizuho Bank as admin agent; maturity March 4, 2026.
Fourth Amended and Restated Master Repurchase Agreement for DHI Mortgage increases Maximum Aggregate Commitment to $1.6 billion.
D.R. Horton Q1 EPS $3.17, +48%; revenue $7.1B, +19%; raises FY2022 revenue guidance
Net income $1.1B, +44%; diluted EPS $3.17, +48% YoY.
D.R. Horton say-on-pay fails with 73% against; board will assess changes
Advisory vote on executive compensation received 81.4M for vs 215.6M against (72.6% against), failing to pass.
D.R. Horton Q4 EPS $3.70 (+65%), FY EPS $11.41 (+78%); dividend raised to $0.225
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%).
D.R. Horton appoints Paul J. Romanowski as EVP and Co-COO effective October 1, 2021
Paul J. Romanowski, age 51, appointed EVP and Co-COO; has 20+ years at D.R. Horton since 1999.
The new directors are Barbara R. Smith, M. Chad Crow and Elaine D. Crowley.
The new directors are Barbara R. Smith, M. Chad Crow and Elaine D. Crowley.
The new directors are Barbara R. Smith, M. Chad Crow and Elaine D. Crowley.
Effective October 1, 2023, David V. Auld will transition from his role as President and CEO to Executive Vice Chair of the Company’s Board.
Donald R. Horton will continue his role as Chairman of the Board, but effective October 1, 2023, will no longer serve as an executive officer of the Company.
Effective October 1, 2023, the Board appointed Paul J. Romanowski, age 53, to the office of President and Chief Executive Officer.
Effective January 26, 2023, the Company’s Board of Directors (the “Board”) appointed David V. Auld, the Company’s President and Chief Executive Officer, to serve as a director on the Board.
Max materiality 0.85 · Median 0.55 · Most common event earnings