Homebuilder DR Horton Stock Rises as Incentives Help Attract Buyers
1. D.R. Horton beat profit forecasts, seeing increased buyer demand. 2. Mortgage rate buydowns were key in attracting customers. 3. Fiscal 2025 share repurchase plan expanded by $200 million. 4. Q1 EPS reported at $2.61, exceeding analysts' expectations. 5. Favorable demographics continue to support housing demand despite challenges.