DR Horton (NYSE: DHI) — Company Overview, News & Financial Data
DR Horton is a leading American home construction company focused on building diverse housing options across various states.
DR Horton
DR Horton is a homebuilding company operating primarily in the United States. The company designs, constructs, and sells single-family detached homes, townhomes, and multi-family rental properties across more than one hundred markets in thirty-three states. In addition to residential construction operations, the business operates integrated financial services divisions that provide mortgage loan origination, title examination, escrow closing assistance, and property insurance agency services to homebuyers. The company also engages in residential land development, acquiring raw land, obtaining entitlements, and constructing horizontal site infrastructure to supply finished residential lots to homebuilding divisions and external homebuilders.
Snapshot
Operations
Products and/or services of DR Horton
- Homebuilding Operations: Constructs and sells single-family detached homes, townhomes, and residential condominiums across major metropolitan markets in thirty-three states, serving entry-level and move-up home buyers through distinct brand lines and regional construction divisions.
- Mortgage Financing Services: Provides residential mortgage loan origination, processing, and underwriting services to buyers purchasing newly constructed residential properties, facilitating home purchase transactions through specialized mortgage options and tailored buyer financing solutions.
- Title and Closing Services: Delivers title examination, title insurance policy issuance, and real estate escrow and closing services to residential property buyers across multiple state markets to complete home ownership transfer procedures.
- Insurance Agency Services: Offers personal lines insurance policies, including homeowners insurance, flood insurance, and hazard coverage products, to residential property buyers during residential acquisitions across operating regional real estate markets.
- Rental Property Operations: Develops, constructs, leases, and operates single-family rental housing communities and multi-family residential properties, managing tenant occupancy and selling completed rental assets to institutional real estate investors.
- Residential Lot Development: Acquires raw land, secures municipal entitlements, and constructs infrastructure to convert undeveloped tracts into finished residential lot inventory for sale to residential homebuilding operations and external homebuilders.
DR Horton executive team
- Mr. David V. AuldExecutive Chairman
- Mr. Paul J. RomanowskiPresident, CEO & Director
- Mr. Bill W. WheatExecutive VP & CFO
- Mr. Michael J. MurrayExecutive VP & COO
- Mr. Aron M. OdomSenior VP & Corporate Controller
- Collin Michael DawsonVice President of Corporate Finance & Treasurer
- Ms. Jessica Leigh HansenSenior VP of Communications & People and Head of Investor Relations
- Mr. Thomas B. MontanoSenior VP, Corporate Compliance Officer & Corporate Secretary
- Mr. Rick HortonPresident of South Region
- Matt FarrisPresident of West Region