Disclosure Insight Maintains Medium Risk Rating on DR Horton
A report from Disclosure Insight reiterates its Medium Risk Positive Bias rating on DR Horton Inc. (NYSE: DHI).
The report states, “One-time items support our opinion of a Medium Risk - Positive Bias rating on DHI. One-time items include inventory impairments and land option write-offs each year since FY07 totaling $4.33 billion as well as $554 million in goodwill impairment charges in FY07 and FY08.”
DHI closed yesterday at $11.91.
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