D.R. Horton 향후 성장
Future 기준 점검 1/6
D.R. Horton (는) 각각 연간 9.7% 및 7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14.5% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 17.5% 로 예상됩니다.
핵심 정보
9.7%
이익 성장률
14.49%
EPS 성장률
| Consumer Durables 이익 성장 | 7.5% |
| 매출 성장률 | 7.0% |
| 향후 자기자본이익률 | 17.55% |
| 애널리스트 커버리지 | Good |
| 마지막 업데이트 | 05 May 2026 |
최근 향후 성장 업데이트
분석 기사 • Jan 23
Results: D.R. Horton, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
As you might know, D.R. Horton, Inc. ( NYSE:DHI ) just kicked off its latest first-quarter results with some very...분석 기사 • Jul 25
D.R. Horton, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
D.R. Horton, Inc. ( NYSE:DHI ) investors will be delighted, with the company turning in some strong numbers with its...Recent updates
내러티브 업데이트 • May 05
DHI: Margin Trough Risk And Antitrust Overhang Will Pressure Future Returns
Analyst price targets for D.R. Horton have been raised by $6 to $123, with the shift supported by updated assumptions for revenue growth, profit margins and a lower future P/E multiple, as reflected in the latest round of Street research. Analyst Commentary Recent research on D.R. Horton shows a mix of higher price targets and more cautious moves, with analysts weighing valuation, execution and growth risks against the stock's current setup.Seeking Alpha • Apr 22
D.R. Horton: A Quality Way To Play The Housing Market
Summary D.R. Horton demonstrates resilience with rising net new orders and backlog despite industry headwinds, justifying a continued soft 'buy' rating. While DHI's revenue and profitability declined year-over-year, the company outperformed analyst EPS expectations and maintained robust capital returns through buybacks and dividends. Management guides for slightly lower 2026 revenue and operating cash flow, yet DHI's stability and quality distinguish it from peers trading at lower valuations. Cancellation rates remain stable, and active selling communities are expanding, signaling DHI's strategic growth amid a challenging housing market. Read the full article on Seeking Alpha
내러티브 업데이트 • Apr 21
DHI: Constrained Supply And Execution Will Support Margins Past Antitrust And 2026 Headwinds
Analysts have modestly reduced their consolidated price target for D.R. Horton by incorporating a series of recent target cuts across the Street, reflecting more cautious views on 2026 homebuilding demand and margins, while keeping the model’s fair value estimate stable at $193. Analyst Commentary Recent research has skewed more cautious on near term housing demand and margins, but there are still some clear pockets of optimism around D.R. Horton’s execution and valuation setup.내러티브 업데이트 • Apr 07
DHI: Constrained Housing Supply Will Support Margins Beyond Antitrust And 2026 Concerns
Narrative Update on D.R. Horton The analyst price target for D.R. Horton is now framed around a fair value of $193, with small model tweaks to the discount rate, revenue growth, profit margin, and future P/E. These adjustments reflect recent mixed research that includes downgrades, cautious demand and margin views for 2026, and several offsetting price target raises and cuts across the Street.내러티브 업데이트 • Mar 23
DHI: Constrained Housing Supply Will Support Margins Beyond Antitrust And 2026 Cycle Concerns
Analysts kept the D.R. Horton fair value estimate steady at $193.00, making only modest model adjustments to the discount rate, revenue growth, profit margin, and future P/E. These changes reflect mixed Street views on margins, demand in 2026, and potential earnings recovery beyond that period.내러티브 업데이트 • Mar 09
DHI: Persistent Margin And Antitrust Pressures Will Constrain Future Share Returns
Analyst price targets for D.R. Horton have seen mixed adjustments, with some firms trimming forecasts by low single digit dollar amounts and others lifting targets by similar increments up to $10, as analysts weigh near term margin and demand pressure against the potential for stronger earnings in later years. Analyst Commentary Recent research on D.R. Horton reflects a split view, with some firms edging price targets higher and others trimming them or stepping to the sidelines.내러티브 업데이트 • Feb 23
DHI: Persistent Margin Pressure And Antitrust Risk Will Restrain Future Returns
Narrative Update on D.R. Horton The analyst price target framework for D.R. Horton has been modestly adjusted, with fair value moving from $118.96 to $117. This reflects analysts weighing mixed target changes across the Street alongside updated assumptions for revenue growth, margins, and future P/E levels.
내러티브 업데이트 • Feb 09
DHI: Housing Demand And Regulatory Risks Will Shape Returns Through 2026
Analysts have trimmed their average price target for D.R. Horton by about $5 to roughly $160, reflecting a mix of reduced targets from several firms and offsetting increases from others as they incorporate updated views on margins, growth, and valuation multiples. Analyst Commentary Bullish and bearish analysts are fairly split on D.R. Horton, with some focusing on long term housing fundamentals and others highlighting nearer term margin and affordability pressures.내러티브 업데이트 • Jan 25
DHI: Higher Revenue Outlook And Margins Will Offset Rising Discount Rate
Our D.R. Horton analyst price target has been adjusted from US$199 to US$193 as analysts balance expectations for stronger revenue growth and slightly higher profit margins against a higher discount rate and a lower future P/E multiple. Analyst Commentary Recent Street research on D.R. Horton shows a mix of optimism and caution, with several bullish analysts increasing their price targets while others trim expectations or downgrade ratings.분석 기사 • Jan 23
Results: D.R. Horton, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
As you might know, D.R. Horton, Inc. ( NYSE:DHI ) just kicked off its latest first-quarter results with some very...내러티브 업데이트 • Jan 10
DHI: Housing Affordability And Margin Pressure Will Restrain Returns
The analyst price target in our model for D.R. Horton shifts from US$110.00 to about US$118.96. This reflects updated views from analysts who are trimming Street targets on concerns around housing affordability, margin pressure, and mixed homebuilding conditions into 2026.내러티브 업데이트 • Dec 23
DHI: Lower Rates Will Support Demand Despite Seasonal Housing Headwinds
Analysts have nudged their fair value estimate for D.R. Horton slightly higher, by about $1 to roughly $166 per share. They cite a supportive interest rate backdrop and updated price targets that balance softer seasonal demand with an improved medium term outlook.내러티브 업데이트 • Dec 08
DHI Will See Lower Rates And Steady Demand Balance Housing Market Risks
We modestly trim our D.R. Horton analyst price target, reflecting analysts' slightly more cautious assumptions on revenue growth and margins, even as they acknowledge support from a lower rate environment. This brings our updated fair value estimate to about $164.69 from $164.80 per share.내러티브 업데이트 • Oct 04
Affordable Home Expansion And Suburban Migration Will Drive Resiliency
Analysts have raised their average price target for D.R. Horton by just over $2. This reflects continued optimism on interest rates, increased sector valuations, and the company's recent earnings beat.내러티브 업데이트 • Sep 03
Affordable Home Expansion And Suburban Migration Will Drive Resiliency
D.R. Horton's analyst price target was raised to $161.60, reflecting heightened investor optimism on rate cuts, sector-wide valuation uplift, and recent earnings outperformance. Analyst Commentary Bullish analysts cite increasing investor optimism regarding future interest rate cuts, which is boosting valuations in the homebuilding sector.분석 기사 • Jul 25
D.R. Horton, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
D.R. Horton, Inc. ( NYSE:DHI ) investors will be delighted, with the company turning in some strong numbers with its...분석 기사 • Jul 07
Investors Holding Back On D.R. Horton, Inc. (NYSE:DHI)
D.R. Horton, Inc.'s ( NYSE:DHI ) price-to-earnings (or "P/E") ratio of 9.4x might make it look like a buy right now...분석 기사 • Jun 19
Does D.R. Horton (NYSE:DHI) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jun 01
At US$118, Is D.R. Horton, Inc. (NYSE:DHI) Worth Looking At Closely?
Today we're going to take a look at the well-established D.R. Horton, Inc. ( NYSE:DHI ). The company's stock received a...Seeking Alpha • Feb 26
D.R. Horton: Falling Rates To Catalyze A Rally
Summary D.R. Horton is rated a strong buy with 25% upside potential due to anticipated declines in long-term Treasury yields below 4% in 2025. DHI's sensitivity to interest rates, due to leverage to first-time homebuyers, has led to underperformance, but falling rates should catalyze a significant rally. The company's need to offer rate buydowns and incentives impacts average selling prices and gross margins, but these measures are necessary to attract buyers. Historical patterns suggest long-term rates will remain rangebound, supporting DHI's valuation target of $165, with major risks being inflation surges or a severe recession. Read the full article on Seeking AlphaSeeking Alpha • Jan 30
Here's Why D.R. Horton Is Looking Attractive
Summary D.R. Horton, focusing on entry-level homes, reported a 7% decline in Q1 2025 EPS and a 3% drop in revenues due to slower home deliveries. The company uses mortgage buy-downs to attract buyers, maintaining sales prices and comps, but impacting gross margins. Potential regulatory cost reductions and mortgage rate improvements could boost new home construction, benefiting D.R. Horton and first-time homebuyers. Trading at 11.1x 2025 EPS with a 1% dividend, D.R. Horton is attractively valued, but faces risks from potential Fed rate hikes and economic recession. Read the full article on Seeking AlphaSeeking Alpha • Jan 17
D.R. Horton: Time To Be Greedy When Others Are Fearful
Summary The investment thesis highlights strong revenue growth by D.R. Horton, Inc., driven by innovative product lines and expanding market share in key demographics. Rating justification emphasizes robust financial health, consistent dividend payouts, and a strategic focus on sustainable growth. We look at the company's impressive quarterly earnings and strategic initiatives aimed at long-term profitability. We find DHI retains its competitive edge and reaffirm the buy rating based on solid fundamentals and growth prospects. Read the full article on Seeking AlphaSeeking Alpha • Dec 30
D.R. Horton: An Undervalued Stock With Strong Demand Backdrop
Summary D.R. Horton advanced its revenue from $10.8 billion in FY 2015 to $36.8 billion in FY 2024. That’s a compound annual growth rate of 14.6%. From lot acquisition and development all the way to providing and financing a finished product, D.R. Horton is a “one-stop shop”. Averaging the three numbers out gives us a final valuation of $160.88, which would indicate the stock is possibly 12% undervalued. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
D.R. Horton: An Industry Leader Worth Considering
Summary I maintain a “buy” rating for D.R. Horton, Inc. stock due to its strong market position and attractive pricing despite significant stock gains. D.R. Horton's diversified portfolio and focus on affordable homes have driven impressive growth, even as average home prices fell. The company's other operations, including rentals and Forestar, add value but remain smaller contributors to overall revenue. Despite mixed financial performance, D.R. Horton's commitment to returning capital to shareholders and potential for future growth justify a bullish outlook. Read the full article on Seeking AlphaSeeking Alpha • Nov 17
D.R. Horton: Don't Freak Out From Temporary Macro-Driven Selloffs
Summary D.R. Horton shares have declined due to macroeconomic concerns and disappointing outlooks from homebuilders, highlighting the sector's sensitivity to economic conditions. Despite short-term challenges, D.R. Horton benefits from a significant housing deficit and industry tailwinds, maintaining strong long-term growth potential. The recent rate cut caused market caution, impacting housing affordability and leading to lower margins and revenues for D.R. Horton. Long-term investors should focus on the housing demand-supply gap and consider D.R. Horton a 'Buy' at current valuations, given its resilient growth prospects. Read the full article on Seeking AlphaSeeking Alpha • Oct 30
D.R. Horton: Earnings Miss An Opportunity To Accumulate
Summary D.R. Horton's weaker-than-expected fiscal fourth-quarter (FYQ4) results are not sitting well with investors after the company showed earnings per share fell 11.9%. Even though DHI valuations have recovered substantially since we initiated our "Strong Buy" rating on the stock, the long-term prospects for U.S. homebuilders remain compelling. After accounting for Tuesday's sell-off, valuations on DHI remain undemanding at a forward P/E multiple of 12.4x and a P/B multiple of 2.3x. We continue to see the potential for a bullish re-rating of DHI. Accordingly, we reiterate our bullish view on the stock and maintain a "Strong Buy" rating on DHI. Read the full article on Seeking AlphaSeeking Alpha • Oct 16
D.R. Horton: Take Part In The Real Estate Boom, Upon A Correction
Summary D.R. Horton remains attractively valued due to the promising home buying trends, the narrowing price gap between new/ resale homes, and its attractively priced inventories. With the mortgage rates already moderating from recent heights while nearing the magic rate of 5%, it is unsurprising the management has raised the FY2024 sales and home closings guidance. DHI's diversified operations across rentals and financial services support its investment thesis, significantly aided by the buyers' stronger FICO scores and higher incomes. This is on top of FY2025 likely to bring forth expanded shareholder returns while cementing its secure dividend payouts. Interested investors may be better off waiting for the market-wide correction to occur, with it likely bringing the DHI stock down nearer to our fair value estimates. Read the full article on Seeking AlphaSeeking Alpha • Oct 01
D.R. Horton: History Says Not To Chase This Rally
Summary D.R. Horton, Inc. stock surged in Q3 due to hopes of a housing sector revival from the Federal Funds rate cut, outperforming the SPDR® S&P Homebuilders ETF. However, despite strong Q3 results, D.R. Horton trades at historically high price-to-book and price-to-sales ratios. Homeowners locked into lower mortgage rates and low housing affordability limit new home demand, challenging the sustainability of D.R. Horton's stock rally. An analysis around D.R. Horton after the stock rose by a third in the just concluded third quarter follows in the paragraphs below. Read the full article on Seeking Alpha이익 및 매출 성장 예측
| 날짜 | 매출 | 이익 | 자유현금흐름 | 영업현금흐름 | 평균 애널리스트 수 |
|---|---|---|---|---|---|
| 9/30/2028 | 39,181 | 3,899 | N/A | 3,164 | 6 |
| 9/30/2027 | 35,816 | 3,320 | 2,557 | 2,737 | 14 |
| 9/30/2026 | 33,865 | 3,045 | 2,725 | 2,977 | 12 |
| 3/31/2026 | 33,348 | 3,173 | 3,498 | 3,652 | N/A |
| 12/31/2025 | 33,524 | 3,335 | 3,477 | 3,628 | N/A |
| 9/30/2025 | 34,250 | 3,585 | 3,284 | 3,421 | N/A |
| 6/30/2025 | 34,575 | 3,963 | 2,785 | 2,911 | N/A |
| 3/31/2025 | 35,315 | 4,292 | 2,729 | 2,870 | N/A |
| 12/31/2024 | 36,688 | 4,654 | 2,859 | 2,990 | N/A |
| 9/30/2024 | 36,801 | 4,756 | 2,025 | 2,190 | N/A |
| 6/30/2024 | 37,303 | 4,983 | 2,098 | 2,271 | N/A |
| 3/31/2024 | 37,063 | 4,964 | 2,220 | 2,360 | N/A |
| 12/31/2023 | 35,929 | 4,734 | 3,173 | 3,322 | N/A |
| 9/30/2023 | 35,460 | 4,746 | 4,156 | 4,304 | N/A |
| 6/30/2023 | 34,596 | 4,868 | 3,237 | 3,386 | N/A |
| 3/31/2023 | 33,658 | 5,181 | 2,715 | 2,870 | N/A |
| 12/31/2022 | 33,684 | 5,675 | 1,400 | 1,565 | N/A |
| 9/30/2022 | 33,480 | 5,858 | 414 | 562 | N/A |
| 6/30/2022 | 31,950 | 5,565 | -149 | 6 | N/A |
| 3/31/2022 | 30,446 | 5,032 | -281 | -145 | N/A |
| 12/31/2021 | 28,894 | 4,526 | 417 | 612 | N/A |
| 9/30/2021 | 27,774 | 4,176 | 267 | 534 | N/A |
| 6/30/2021 | 26,065 | 3,666 | 512 | 798 | N/A |
| 3/31/2021 | 24,171 | 3,181 | 1,331 | 1,662 | N/A |
| 12/31/2020 | 22,224 | 2,734 | 975 | 1,283 | N/A |
| 9/30/2020 | 20,311 | 2,374 | 1,135 | 1,422 | N/A |
| 6/30/2020 | 18,950 | 2,050 | 1,117 | 1,400 | N/A |
| 3/31/2020 | 18,466 | 1,894 | 672 | 959 | N/A |
| 12/31/2019 | 18,095 | 1,763 | N/A | 1,151 | N/A |
| 9/30/2019 | 17,593 | 1,619 | N/A | 892 | N/A |
| 6/30/2019 | 17,059 | 1,579 | N/A | 319 | N/A |
| 3/31/2019 | 16,588 | 1,558 | N/A | 182 | N/A |
| 12/31/2018 | 16,254 | 1,558 | N/A | 247 | N/A |
| 9/30/2018 | 16,068 | 1,460 | N/A | 545 | N/A |
| 6/30/2018 | 15,722 | 1,307 | N/A | 932 | N/A |
| 3/31/2018 | 15,063 | 1,143 | N/A | 477 | N/A |
| 12/31/2017 | 14,520 | 1,021 | N/A | 393 | N/A |
| 9/30/2017 | 14,091 | 1,038 | N/A | 440 | N/A |
| 6/30/2017 | 13,673 | 1,009 | N/A | 344 | N/A |
| 3/31/2017 | 13,129 | 970 | N/A | 455 | N/A |
| 12/31/2016 | 12,645 | 936 | N/A | 591 | N/A |
| 9/30/2016 | 12,157 | 886 | N/A | 624 | N/A |
| 6/30/2016 | 11,589 | 842 | N/A | 600 | N/A |
| 3/31/2016 | 11,308 | 813 | N/A | 896 | N/A |
| 12/31/2015 | 10,938 | 766 | N/A | 828 | N/A |
| 9/30/2015 | 10,824 | 751 | N/A | 700 | N/A |
| 6/30/2015 | 10,134 | 678 | N/A | 101 | N/A |
애널리스트 향후 성장 전망
수입 대 저축률: DHI 의 연간 예상 수익 증가율(9.7%)이 saving rate(3.5%)보다 높습니다.
수익 vs 시장: DHI 의 연간 수익(9.7%)이 US 시장(16.4%)보다 느리게 성장할 것으로 예상됩니다.
고성장 수익: DHI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.
수익 대 시장: DHI 의 수익(연간 7%)이 US 시장(연간 11.4%)보다 느리게 성장할 것으로 예상됩니다.
고성장 매출: DHI 의 수익(연간 7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.
주당순이익 성장 예측
향후 자기자본이익률
미래 ROE: DHI의 자본 수익률은 3년 후 17.5%로 낮을 것으로 예상됩니다.
성장 기업 찾아보기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/07 05:10 |
| 종가 | 2026/05/07 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/09/30 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
|
| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.
산업 및 섹터 지표
산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.
분석가 소스
D.R. Horton, Inc.는 40명의 분석가가 다루고 있습니다. 이 중 17명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Christopher Graja | Argus Research Company |
| Matthew Bouley | Barclays |
| Stephen Kim | Barclays |