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4-Traders Homepage  >  Equities  >  Nyse  >  D.R. Horton, Inc.    DHI

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D.R. Horton, Inc. : Reports That Its DHI Mortgage Subsidiary Experienced a Software Security Breach

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02/17/2012 | 12:05am CET

D.R. Horton, Inc. (NYSE:DHI), America's Builder, today announced that its DHI Mortgage subsidiary experienced a software security breach by unknown external sources in its Internet Loan Prequalification System. Upon identifying the security breach, DHI Mortgage took immediate steps to remedy the breach by isolating the affected server, purging certain affected files and modifying our electronic security measures to address the specific issue. We are in the process of notifying affected customers that their personal data may have been compromised. We regret the inconvenience to our customers, and encourage them to follow the precautionary actions outlined in the email or letter that they receive.

D.R. Horton, Inc., America's Builder, is the largest homebuilder in the United States, based on its 17,176 homes closed in the twelve-month period ended December 31, 2011. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 73 markets in 25 states in the East, Midwest, Southeast, South Central, Southwest and West regions of the United States. The Company is engaged in the construction and sale of high quality homes with sales prices ranging from $90,000 to over $600,000. D.R. Horton also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.

WEBSITE ADDRESS: www.drhorton.com

D.R. Horton, Inc.
Jessica Hansen, 817-390-8200
Director of Investor Relations


© Business Wire 2012
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Financials ($)
Sales 2017 13 562 M
EBIT 2017 1 575 M
Net income 2017 1 011 M
Debt 2017 1 261 M
Yield 2017 1,33%
P/E ratio 2017 10,70
P/E ratio 2018 9,60
EV / Sales 2017 0,88x
EV / Sales 2018 0,75x
Capitalization 10 637 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 33,7 $
Spread / Average Target 18%
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Managers
NameTitle
David V. Auld President & Chief Executive Officer
Donald Ray Horton Executive Chairman
Michael J. Murray Chief Operating Officer & Executive Vice President
Bill W. Wheat Chief Financial Officer & Executive Vice President
Michael R. Buchanan Independent Director
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