How does DHI's PE Ratio compare to its peers?

DHI is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (11.7x).

How does DHI's PE Ratio compare vs other companies in the US Consumer Durables Industry?

DHI is good value based on its Price-To-Earnings Ratio (11x) compared to the US Consumer Durables industry average (11.2x).

What is DHI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DHI is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (19x).

What is the Fair Price of DHI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DHI ($163.12) is trading below our estimate of [[fair value]] ($223.62)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

D.R. Horton (NYSE:DHI) - Stock Price, News & Analysis

DHI Stock Overview

Operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. More details

DHI fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 27.1% below our estimate of its fair value

Earnings are forecast to grow 3.6% per year

Earnings have grown 19% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

DHI passed our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Critical Land Deals And Affordable Housing Drive Growth Amidst Market Challenges

Key Takeaways Strategic land acquisitions and improved construction cycles aim to boost margins, revenue growth, and asset turnover in a competitive market. Focus on affordable housing and financial incentives could drive demand and enhance shareholder returns through dividends and share repurchases.

View narrative

US$189.97

14.1% undervalued

4.37%

Revenue growth p.a.

Updated

D.R. Horton, Inc. Competitors

Lennar

NYSE:LEN

US$45.5b

PulteGroup

NYSE:PHM

US$26.4b

NVR

NYSE:NVR

US$27.4b

Toll Brothers

NYSE:TOL

US$15.3b

Price History & Performance

Summary of all time highs, changes and price drops for D.R. Horton
Historical stock prices
Current Share Price	US$163.12
52 Week High	US$199.85
52 Week Low	US$125.28
Beta	1.74
11 Month Change	-12.43%
3 Month Change	-12.18%
1 Year Change	28.42%
33 Year Change	61.36%
5 Year Change	194.97%
Change since IPO	9,773.20%

Recent updates

D.R. Horton: Don't Freak Out From Temporary Macro-Driven Selloffs

Nov 17

Is D.R. Horton, Inc. (NYSE:DHI) Trading At A 24% Discount?

Nov 11

D.R. Horton: Earnings Miss An Opportunity To Accumulate

Oct 30

D.R. Horton: Take Part In The Real Estate Boom, Upon A Correction

Oct 16

When Should You Buy D.R. Horton, Inc. (NYSE:DHI)?

Oct 07

D.R. Horton: History Says Not To Chase This Rally

Oct 01

D.R. Horton (NYSE:DHI) Is Very Good At Capital Allocation

Aug 20

D.R. Horton: Surprise, Homebuilders Are Growth Companies And Horton Is Number One

Aug 09

Here's Why D.R. Horton (NYSE:DHI) Can Manage Its Debt Responsibly

Aug 08

D.R. Horton, Inc. (NYSE:DHI) Stock Rockets 26% But Many Are Still Ignoring The Company

Jul 27

A Look At The Fair Value Of D.R. Horton, Inc. (NYSE:DHI)

Jul 23

D.R. Horton: Positive On Business Demand, But Valuation Not Cheap

Jul 23

D.R. Horton: Home Builder Continues To Show Strength Despite Current Market Headwinds

Jun 28

Is D.R. Horton, Inc. (NYSE:DHI) Potentially Undervalued?

Jun 27

There Is A Reason D.R. Horton, Inc.'s (NYSE:DHI) Price Is Undemanding

Jun 03

These 4 Measures Indicate That D.R. Horton (NYSE:DHI) Is Using Debt Reasonably Well

May 08

D.R. Horton: Looking Like 'Dead Money' At Best

Apr 26

D.R. Horton, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 20

D.R. Horton, Inc. (NYSE:DHI) Shares Could Be 49% Below Their Intrinsic Value Estimate

Apr 18

D.R. Horton: Housing Supply Shortage Unresolved, Leaving Ample Room For Alpha

Apr 16

Investors Shouldn't Overlook D.R. Horton's (NYSE:DHI) Impressive Returns On Capital

Apr 05

Is There Now An Opportunity In D.R. Horton, Inc. (NYSE:DHI)?

Mar 11

D.R. Horton: We Are Bullish Despite The Near-Term Macro Headwinds

Mar 01

D.R. Horton, Inc.'s (NYSE:DHI) Shares Lagging The Market But So Is The Business

Feb 13

Here's What Analysts Are Forecasting For D.R. Horton, Inc. (NYSE:DHI) After Its First-Quarter Results

Jan 25

D.R. Horton: Positioned For Success In The Evolving U.S. Housing Market

Jan 22

D.R. Horton Is A Long-Term Dividend Growth Buy

Jan 15

We Think D.R. Horton (NYSE:DHI) Might Have The DNA Of A Multi-Bagger

Dec 20

D.R. Horton: Moving Towards An Overbought State (Technical Analysis)

Dec 20

D.R. Horton: A Robust Bet In The Shifting U.S. Home Market

Dec 14

What Is D.R. Horton, Inc.'s (NYSE:DHI) Share Price Doing?

Dec 07

D.R. Horton: Beating Estimates Again

Nov 08

An Intrinsic Calculation For D.R. Horton, Inc. (NYSE:DHI) Suggests It's 35% Undervalued

Oct 19

D.R. Horton Is A Good Deal Right Now

Oct 07

Is D.R. Horton (NYSE:DHI) Using Too Much Debt?

Oct 04

D.R. Horton: Profiting From Scarcity

Sep 19

Investors Should Be Encouraged By D.R. Horton's (NYSE:DHI) Returns On Capital

Sep 18

D.R. Horton: Invest In Value Like Buffett

Sep 06

I Disagree With Buffett Buying Lennar And D.R. Horton

Aug 16

At US$126, Is It Time To Put D.R. Horton, Inc. (NYSE:DHI) On Your Watch List?

Aug 06

D.R. Horton: Will The Extraordinary Performance Be Sustainable?

Aug 03

Is D.R. Horton, Inc. (NYSE:DHI) Trading At A 50% Discount?

Jul 20

D.R. Horton: Still A Cyclical Company Despite Its Size And Geographical Spread

Jul 15

Shareholder Returns

	DHI	US Consumer Durables	US Market
7D	1.2%	-0.9%	-1.0%
1Y	28.4%	37.0%	30.3%

Return vs Industry: DHI underperformed the US Consumer Durables industry which returned 37% over the past year.

Return vs Market: DHI underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is DHI's price volatile compared to industry and market?
DHI volatility
DHI Average Weekly Movement	4.2%
Consumer Durables Industry Average Movement	5.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: DHI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DHI's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1978	13,450	Paul Romanowski	www.drhorton.com

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, and Freedom Homes.

D.R. Horton, Inc. Fundamentals Summary

How do D.R. Horton's earnings and revenue compare to its market cap?
DHI fundamental statistics
Market cap	US$52.13b
Earnings (TTM)	US$4.76b
Revenue (TTM)	US$36.80b

11.0x

P/E Ratio

1.4x

P/S Ratio

Is DHI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DHI income statement (TTM)
Revenue	US$36.80b
Cost of Revenue	US$27.19b
Gross Profit	US$9.04b
Other Expenses	US$4.29b
Earnings	US$4.76b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	14.81
Gross Margin	24.57%
Net Profit Margin	12.92%
Debt/Equity Ratio	22.9%

How did DHI perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

8%

Payout Ratio

DHI Stock Overview

Rewards

Risk Analysis

Critical Land Deals And Affordable Housing Drive Growth Amidst Market Challenges

D.R. Horton, Inc. Competitors

NYSE:LEN

US$45.5b

NYSE:PHM

US$26.4b

NYSE:NVR

US$27.4b

NYSE:TOL

US$15.3b

Price History & Performance

Recent News & Updates

D.R. Horton: Don't Freak Out From Temporary Macro-Driven Selloffs

Is D.R. Horton, Inc. (NYSE:DHI) Trading At A 24% Discount?

Consensus EPS estimates fall by 11%

Fourth quarter dividend increased to US$0.40

D.R. Horton: Earnings Miss An Opportunity To Accumulate

Third quarter 2024 earnings released: EPS: US$4.12 (vs US$3.93 in 3Q 2023)

Recent updates

D.R. Horton: Don't Freak Out From Temporary Macro-Driven Selloffs

Is D.R. Horton, Inc. (NYSE:DHI) Trading At A 24% Discount?

Consensus EPS estimates fall by 11%

Fourth quarter dividend increased to US$0.40

D.R. Horton: Earnings Miss An Opportunity To Accumulate

Third quarter 2024 earnings released: EPS: US$4.12 (vs US$3.93 in 3Q 2023)

Now 24% undervalued after recent price drop

D.R. Horton, Inc. Declares Quarterly Cash Dividend, Payable on November 19, 2024

D.R. Horton: Take Part In The Real Estate Boom, Upon A Correction

When Should You Buy D.R. Horton, Inc. (NYSE:DHI)?

D.R. Horton: History Says Not To Chase This Rally

High number of new directors

D.R. Horton, Inc. to Report Fiscal Year 2024 Results on Oct 29, 2024

D.R. Horton (NYSE:DHI) Is Very Good At Capital Allocation

D.R. Horton: Surprise, Homebuilders Are Growth Companies And Horton Is Number One

Here's Why D.R. Horton (NYSE:DHI) Can Manage Its Debt Responsibly

D.R. Horton, Inc. (NYSE:DHI) Stock Rockets 26% But Many Are Still Ignoring The Company

A Look At The Fair Value Of D.R. Horton, Inc. (NYSE:DHI)

D.R. Horton: Positive On Business Demand, But Valuation Not Cheap

Price target increased by 9.4% to US$184

Third quarter dividend of US$0.30 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

D.R. Horton, Inc. Provides Consolidated Revenue Guidance for the Year 2024

Investor sentiment improves as stock rises 19%

D.R. Horton: Home Builder Continues To Show Strength Despite Current Market Headwinds

Is D.R. Horton, Inc. (NYSE:DHI) Potentially Undervalued?

Now 20% undervalued after recent price drop

There Is A Reason D.R. Horton, Inc.'s (NYSE:DHI) Price Is Undemanding

D.R. Horton, Inc. to Report Q3, 2024 Results on Jul 18, 2024

D.R. Horton, Inc. Announces Demise of Donald R. Horton, Founder and Chairman of the Board of Directors

Now 20% undervalued

These 4 Measures Indicate That D.R. Horton (NYSE:DHI) Is Using Debt Reasonably Well

D.R. Horton: Looking Like 'Dead Money' At Best

Upcoming dividend of US$0.30 per share

Upcoming dividend of US$0.30 per share

Second quarter dividend of US$0.30 announced

D.R. Horton, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

D.R. Horton, Inc. Declares Quarterly Cash Dividend, Payable on May 9, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

D.R. Horton, Inc. (NYSE:DHI) Shares Could Be 49% Below Their Intrinsic Value Estimate

D.R. Horton: Housing Supply Shortage Unresolved, Leaving Ample Room For Alpha

Investors Shouldn't Overlook D.R. Horton's (NYSE:DHI) Impressive Returns On Capital

Executive Vice Chair recently sold US$3.9m worth of stock

D.R. Horton, Inc. to Report Q2, 2024 Results on Apr 18, 2024

Is There Now An Opportunity In D.R. Horton, Inc. (NYSE:DHI)?

D.R. Horton: We Are Bullish Despite The Near-Term Macro Headwinds

D.R. Horton, Inc.'s (NYSE:DHI) Shares Lagging The Market But So Is The Business

Upcoming dividend of US$0.30 per share at 0.9% yield

First quarter dividend of US$0.30 announced

Here's What Analysts Are Forecasting For D.R. Horton, Inc. (NYSE:DHI) After Its First-Quarter Results

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

D.R. Horton, Inc. Declares Cash Dividend, Payable on February 13, 2024

D.R. Horton: Positioned For Success In The Evolving U.S. Housing Market

D.R. Horton Is A Long-Term Dividend Growth Buy

We Think D.R. Horton (NYSE:DHI) Might Have The DNA Of A Multi-Bagger

D.R. Horton: Moving Towards An Overbought State (Technical Analysis)

Independent Director recently sold US$1.5m worth of stock

Independent Director notifies of intention to sell stock