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D.R. Horton, Inc.NYSE:DHI Stock Report

Market Cap US$41.5b
Share Price
US$149.17
US$160.5
7.1% undervalued intrinsic discount
1Y21.5%
7D-1.6%
Portfolio Value
View

D.R. Horton, Inc.

NYSE:DHI Stock Report

Market Cap: US$41.5b

D.R. Horton (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
Valuation1/6
Future Growth1/6
Past Performance1/6
Financial Health5/6
Dividends4/6

DHI Community Fair Values

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See what 95 others think this stock is worth. Follow their fair value or set your own to get alerts.

D.R. Horton, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for D.R. Horton
Historical stock prices
Current Share PriceUS$149.17
52 Week HighUS$184.55
52 Week LowUS$114.17
Beta1.41
1 Month Change5.26%
3 Month Change-5.67%
1 Year Change21.50%
3 Year Change37.14%
5 Year Change61.53%
Change since IPO8,928.84%

Recent News & Updates

Recent updates

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.

D.R. Horton: A Quality Way To Play The Housing Market

Apr 22

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.

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.

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.

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.

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.

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.

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.

Results: D.R. Horton, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Jan 23
Results: D.R. Horton, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

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.

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.

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.

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.

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.

D.R. Horton, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 25
D.R. Horton, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Investors Holding Back On D.R. Horton, Inc. (NYSE:DHI)

Jul 07
Investors Holding Back On D.R. Horton, Inc. (NYSE:DHI)

Does D.R. Horton (NYSE:DHI) Have A Healthy Balance Sheet?

Jun 19
Does D.R. Horton (NYSE:DHI) Have A Healthy Balance Sheet?

At US$118, Is D.R. Horton, Inc. (NYSE:DHI) Worth Looking At Closely?

Jun 01
At US$118, Is D.R. Horton, Inc. (NYSE:DHI) Worth Looking At Closely?

D.R. Horton: Falling Rates To Catalyze A Rally

Feb 26

Here's Why D.R. Horton Is Looking Attractive

Jan 30

D.R. Horton: Time To Be Greedy When Others Are Fearful

Jan 17

D.R. Horton: An Undervalued Stock With Strong Demand Backdrop

Dec 30

D.R. Horton: An Industry Leader Worth Considering

Dec 11

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

Nov 17

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

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

Oct 01

Shareholder Returns

DHIUS Consumer DurablesUS Market
7D-1.6%-5.0%1.8%
1Y21.5%12.3%29.8%

Return vs Industry: DHI exceeded the US Consumer Durables industry which returned 12.3% over the past year.

Return vs Market: DHI underperformed the US Market which returned 29.8% over the past year.

Price Volatility

Is DHI's price volatile compared to industry and market?
DHI volatility
DHI Average Weekly Movement5.1%
Consumer Durables Industry Average Movement6.9%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197814,341Paul Romanowskiwww.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 126 markets across 36 states under the names of D.R. Horton.

D.R. Horton, Inc. Fundamentals Summary

How do D.R. Horton's earnings and revenue compare to its market cap?
DHI fundamental statistics
Market capUS$41.54b
Earnings (TTM)US$3.17b
Revenue (TTM)US$33.35b
13.3x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DHI income statement (TTM)
RevenueUS$33.35b
Cost of RevenueUS$25.59b
Gross ProfitUS$7.20b
Other ExpensesUS$4.03b
EarningsUS$3.17b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 21, 2026

Earnings per share (EPS)11.19
Gross Margin21.60%
Net Profit Margin9.51%
Debt/Equity Ratio27.2%

How did DHI perform over the long term?

See historical performance and comparison

Dividends

1.2%
Current Dividend Yield
16%
Payout Ratio

Does DHI pay a reliable dividends?

See DHI dividend history and benchmarks
When do you need to buy DHI by to receive an upcoming dividend?
D.R. Horton dividend dates
Ex Dividend DateMay 07 2026
Dividend Pay DateMay 14 2026
Days until Ex dividend0 days
Days until Dividend pay date7 days

Does DHI pay a reliable dividends?

See DHI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 21:32
End of Day Share Price 2026/05/06 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

D.R. Horton, Inc. is covered by 40 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Matthew BouleyBarclays
Stephen KimBarclays