Recent Updates — DHI

The Board of Directors appointed Carl E. Reichardt Jr. to the board as an independent director effective October 22, 2026. Mr. Reichardt brings extensive financial services experience from roles at BTIG, Wells Fargo Securities, and Banc of America Securities. He will receive annual cash fees of $80,000 and restricted stock unit awards valued at $485,000 in total. The board now consists of nine directors, seven of whom are independent. D.R. Horton is the largest homebuilder in the United States by volume.

D.R. Horton, Inc. reported fiscal 2026 third quarter results with net income attributable to the company of $904.9 million or $3.20 per diluted share. Consolidated revenues of $9.2 billion and a pre-tax profit margin of 13.3% were reported for the quarter. The company declared a quarterly cash dividend of $0.45 per share, payable on August 13, 2026, to stockholders of record on August 6, 2026. D.R. Horton, Inc. is a homebuilder by volume in the United States and constructs and sells single-family and multi-family rental properties.

D.R. Horton's subsidiary, DHI Mortgage Company, Ltd., has amended its master repurchase agreement to increase the maximum aggregate commitment to $1.925 billion. The amendment also extends the facility's maturity date to May 4, 2029, and modifies certain pricing terms and financial covenants.

D.R. Horton, Inc. amended its credit agreements to increase its aggregate credit facility limit to $4.0 billion and its aggregate revolving credit commitment to $3.295 billion. Additionally, the company amended a $1.050 billion revolving credit facility for its subsidiary, DRH Rental, extending its termination date to March 27, 2030.