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D.R. Horton Inc (DHI)
NYSE:DHI
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DR Horton (DHI) Price & Analysis

2,853 Followers

DHI Stock Chart & Stats

$149.81
$1.60(1.16%)
At close: 4:00 PM EST
$149.81
$1.60(1.16%)

Bulls Say, Bears Say

Bulls Say
High Profitability & Margin ExecutionConsistently strong gross and pre-tax margins demonstrate durable execution and pricing power in homebuilding. Higher-than-guidance margins and TTM net margins (~9.5%) indicate core earnings resilience that can sustain profitability even if volumes moderate, supporting long‑term cash generation and returns.
Conservative Balance Sheet & LiquidityAmple liquidity and low-to-moderate leverage (debt levels and stated targets) provide financial flexibility across the housing cycle. This balance-sheet conservatism underpins sustained capital returns (dividends and buybacks) and gives room to fund land acquisition or weather demand dips without forcing distressed asset sales.
Scale & Capital-efficient Lot SupplyA large mix of controlled vs. owned lots and the Forestar relationship create a multi-year, capital-efficient land pipeline. This scale and contractual access to lots reduces cyclical capital intensity, supports steady starts/closings, and helps protect margins versus peers needing to buy more owned land outright.
Bears Say
Rising Cancellation RateA 20% cancellation rate materially reduces expected closings and erodes near-term revenue and cash flow predictability. Persistently higher cancellations reflect buyer qualification and affordability stress that can suppress realized volumes and increase carrying, marketing and incentive costs over multiple quarters.
Lot Cost Inflation & Shrinking Owned LandRising lot costs directly compress gross margins and the drop in owned land increases reliance on controlled/optioned lots. That mix can limit margin upside and raise sensitivity to future lot-price moves, pressuring profitability until development savings or price recovery materialize, likely over multiple quarters.
Softening Demand, Elevated Incentives & Rising SG&AWeaker revenue, persistent incentives and higher SG&A reduce operating leverage and limit margin durability. If demand remains soft, continued elevated incentives and footprint-driven SG&A will pressure operating margins and cash conversion over the next several quarters, complicating execution on targets.

DR Horton News

DHI FAQ

What was D.R. Horton Inc’s price range in the past 12 months?
D.R. Horton Inc lowest stock price was $131.75 and its highest was $184.54 in the past 12 months.
    What is D.R. Horton Inc’s market cap?
    D.R. Horton Inc’s market cap is $41.06B.
      When is D.R. Horton Inc’s upcoming earnings report date?
      D.R. Horton Inc’s upcoming earnings report date is Oct 29, 2026 which is in 98 days.
        How were D.R. Horton Inc’s earnings last quarter?
        D.R. Horton Inc released its earnings results on Jul 21, 2026. The company reported $3.2 earnings per share for the quarter, beating the consensus estimate of $3.023 by $0.177.
          Is D.R. Horton Inc overvalued?
          According to Wall Street analysts D.R. Horton Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does D.R. Horton Inc pay dividends?
            D.R. Horton Inc pays a Quarterly dividend of $0.45 which represents an annual dividend yield of 1.22%. See more information on D.R. Horton Inc dividends here
              What is D.R. Horton Inc’s EPS estimate?
              D.R. Horton Inc’s EPS estimate is 3.07.
                How many shares outstanding does D.R. Horton Inc have?
                D.R. Horton Inc has 283,579,620 shares outstanding.
                  What happened to D.R. Horton Inc’s price movement after its last earnings report?
                  D.R. Horton Inc reported an EPS of $3.2 in its last earnings report, beating expectations of $3.023. Following the earnings report the stock price went down -0.877%.
                    Which hedge fund is a major shareholder of D.R. Horton Inc?
                    Currently, no hedge funds are holding shares in DHI
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      D.R. Horton Inc

                      Established in Arlington, Texas, in 1978, D.R. Horton, Inc. operates as a prominent residential construction enterprise. The company's core business involves acquiring and preparing land, then constructing and marketing homes across a substantial portion of the United States. Its operations span 31 states and 98 distinct markets, covering the East, North, Southeast, South Central, Southwest, and Northwest regions. Under several well-known brand names, including D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes, the firm develops diverse housing types. This includes both individual detached houses and attached residences such as townhomes, duplexes, and triplexes. Beyond its primary homebuilding activities, D.R. Horton offers a range of complementary services. These encompass providing mortgage financing to its clientele, as well as furnishing title insurance, examination, and closing services. The company is also engaged in the development of residential lots. Additionally, D.R. Horton's portfolio extends to the creation, ownership, leasing, and sale of multi-family and single-family rental properties. It also holds non-residential real estate, such as ranch land and related facilities, and manages assets within the energy sector. The company primarily caters to individuals purchasing new homes.

                      DR Horton (DHI) Earnings & Revenues

                      DHI Revenue Breakdown

                      91.77%91.77%0.98%4.79%2.46%
                      91.77% Home sales
                      0.98% Land/lot sales and other
                      4.79% Rental property sales
                      2.46% Financial services
                      tipranks

                      DHI Stock 12 Month Forecast

                      Average Price Target

                      $171.67
                      ▲(14.59% Upside)
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