1. D.R. Horton announces dual listing on NYSE Texas, maintaining NYSE primary listing. 2. Company supports Texas economy, emphasizing growth-friendly policies. 3. D.R. Horton remains largest U.S. homebuilder, contributing to housing market. 4. Closed over 86,000 homes in the past year across multiple states. 5. Company's diverse portfolio includes rental properties and mortgage services.
The dual listing enhances market visibility, potentially attracting more investors. Previous dual listings have positively impacted company valuations, such as when major firms expanded their trading platforms.
The article highlights strategic moves and economic trends impacting DHI's potential growth. Its relevance stems from the implications for investor sentiment and market reach.
Immediate investor interest may lead to short-term price increases, similar to prior stock listings. Dual lists can quicken liquidity, resulting in price upticks.
ARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE:DHI), America’s Builder, announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same “DHI” ticker symbol on NYSE Texas.
David Auld, Chairman of the Board, said, “We are pleased to be a Founding Member of NYSE Texas and show our support to the state we have called home for nearly fifty years. We believe Texas’s long-standing commitment to pro-growth, business-friendly policies promotes a resilient economy. As the Lone Star State’s economy continues to thrive and build momentum, we are committed to contributing in a meaningful way by providing housing to the rapidly growing population of Texas.”
“Based in Texas, D.R. Horton has been the largest homebuilder by volume in the United States for over two decades,” said Chris Taylor, Chief Development Officer, NYSE Group. “We are proud to welcome the Company to NYSE Texas as a Founding Member.”
About D.R. Horton, Inc.
D.R. Horton, Inc., America’s Builder, has been the largest homebuilder by volume in the United States since 2002 and has closed more than 1,100,000 homes in its 46-year history. D.R. Horton has operations in 126 markets in 36 states across the United States and is engaged in the construction and sale of high-quality homes through its diverse product portfolio with sales prices generally ranging from $250,000 to over $1,000,000. The Company also constructs and sells both single-family and multi-family rental properties. During the twelve-month period ended March 31, 2025, D.R. Horton closed 86,137 homes in its homebuilding operations, in addition to 3,312 single-family rental homes and 2,282 multi-family rental units in its rental operations. D.R. Horton also provides mortgage financing, title services and insurance agency services for its homebuyers and is the majority-owner of Forestar Group Inc., a publicly traded national residential lot development company.