D.R. Horton, Inc. (DHI)
| Market Cap | 44.53B |
| Revenue (ttm) | 37.06B |
| Net Income (ttm) | 4.96B |
| Shares Out | 329.31M |
| EPS (ttm) | 14.67 |
| PE Ratio | 9.22 |
| Forward PE | 9.37 |
| Dividend | $1.20 (0.89%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 3,480,525 |
| Open | 134.00 |
| Previous Close | 137.02 |
| Day's Range | 133.02 - 135.61 |
| 52-Week Range | 100.08 - 165.75 |
| Beta | 1.69 |
| Analysts | Buy |
| Price Target | 158.93 (+17.54%) |
| Earnings Date | Jul 18, 2024 |
About DHI
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. The company constructs and sells single-family detached homes; and attached homes, such as townhomes, duplexes, and triplexes. It also provides mortgage financing ser... [Read more]
Financial Performance
In 2023, D.R. Horton's revenue was $35.46 billion, an increase of 5.92% compared to the previous year's $33.48 billion. Earnings were $4.75 billion, a decrease of -18.98%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for DHI stock is "Buy." The 12-month stock price forecast is $158.93, which is an increase of 17.54% from the latest price.
News
Citi downgrades D.R. Horton and Lennar
D.R. Horton and Lennar getting downgraded at Citi. The Investment Committee debates homebuilders.
This CrowdStrike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
Citi Downgrade of Lennar, DR Horton Drags Home Builder Shares Lower
Shares of several home builders tumbled Tuesday after Citi downgraded Lennar (LEN) and D.R. Horton (DHI), citing concerns about a housing market it says may stay sluggish for the rest of the year.
New-home sales plunge to lowest level since November
The numbers: Sales of newly built homes in the U.S. plunged in May, as the number of home buyers scaled back in the face of high mortgage rates.
Expect more cracks in the homebuilder trade, says Seaport Global senior analyst
Kenneth “Ken” Zener, Seaport Research Partners, joins 'Fast Money' to talk the homebuilder trade and possible cracks forming in the space.
D.R. Horton's Atlanta West Division Enters the New Home Market in Rome, GA
ROME, Ga.--(BUSINESS WIRE)--D.R. Horton's Atlanta West division is excited to offer its first new communities in Rome, Georgia. Two communities are currently under development with plans for future gr...
Here's why UBS is bullish on homebuilder stocks
John Lovallo, UBS equity analyst, joins 'Money Movers' to discuss the lock-in effects high rates are having on homebuilders, his favorite homebuilder name, and much more.
DR Horton & Other Homebuilder Stocks Are Having A Rough Year. Will Things Get Better?
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has been a mixed performer this yea...
D.R. Horton, Inc. to Release 2024 Third Quarter Earnings on July 18, 2024
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton announced that the Company will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024.
With Mortgage Rates Topping, Will DR Horton Stock Outperform?
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has fared reasonably well this year...
Homebuilders are Benefitting from High Mortgage Rates
ResiClub analysis of the Case-Schiller National Home Price Index showed U.S. home prices are up 47% since 2020, notes Dolly and Jenny Lenz. They examine real estate market trends.
D.R. Horton, Inc. Announces the Passing of Company Founder and Chairman, Donald R. Horton
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI--D.R. Horton, Inc. announced the sudden passing of Donald R. Horton, the Company's Founder and Chairman of the Board of Directors.
Top Stocks Moving Now: AMC Entertainment, Dell, D.R. Horton, and More
U.S. equities gained at midday after a report showed consumer inflation slowed in April, raising hopes the Fed can begin cutting interest rates. The S&P 500 and Nasdaq reached record intraday highs du...
Three-Stock Lunch: Bookings, Expedia & D.R. Horton
Gina Sanchez, Lido Advisors chief market strategist, joins 'Power Lunch' to discuss investment plays for three stocks, including Bookings, Expedia, and D.R. Horton.
Why Homebuilder Sales and Stock Prices Are Rising Despite High Mortgage Rates
Shares of U.S. homebuilders rose on Tuesday amid signs that a dearth of existing homes for sale and resilient demand in the face of high interest rates are buoying earnings.
Three Stock Lunch: D.R. Horton Inc, CSX, and Las Vegas Sands
Courtney Garcia, senior wealth advisor at Payne Capital Management, joins CNBC's 'Power Lunch' to discuss her take on three stocks: D.R. Horton Inc, CSX, and Las Vegas Sands.
The outlook for homebuilders
John Lovallo, analyst at UBS, joins ‘The Exchange' to discuss D.R. Horton as the home builder exceeded expectations in its fiscal second quarter, how higher rates are impacting home sales, and more.
Trade Alert: Stephanie Link buys D.R. Horton and Las Vegas Sands
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to discuss her latest buys.
Homebuilder D.R. Horton's Stock Gains on Earnings Beat, Raised Revenue Guidance
D.R. Horton (DHI) shares climbed close to 4% in premarket trading Thursday after reporting second-quarter results that surpassed expectations, as the company kicks off a stretch of homebuilder earning...
D.R. Horton's stock rallies after big earnings beat, prices for new home orders rose jumped above forecasts
Shares of D.R. Horton Inc. DHI, -0.21% rallied 2.3% in premarket trading Thursday, after the home builder reported fiscal second-quarter profit and revenue that rose well above expectations and raised...
D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 Second Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton reported that net income for its second fiscal quarter ended March 31, 2024 increased 29% to $3.52 per diluted share.
D.R. Horton's Earnings Carry More Weight Than Usual. What to Watch.
Higher mortgage rates could cause the homebuilder to offer more incentives.
What You Need To Know Ahead of D.R. Horton's Earnings Report Thursday
Investors could get a look into the state of the real estate market with D.R. Horton (DHI) set to report earnings before the bell Thursday, with a number of other homebuilders to follow over the next ...
Homebuilders fall following hot inflation numbers
CNBC's Diana Olick reports on how Wednesday's CPI data will impact the real estate sector.
Home Builder Stocks Slip. Higher Mortgage Rates Are on the Horizon.
Hotter-than-expected inflation data is dashing investors' hopes for a June cut in interest rates.