D.R. Horton, Inc. (DHI)

NYSE: DHI · IEX Real-Time Price · USD
-0.31 (-0.25%)
At close: Nov 28, 2023, 4:00 PM
+0.79 (0.63%)
Pre-market: Nov 29, 2023, 8:55 AM EST
Market Cap 41.97B
Revenue (ttm) 35.46B
Net Income (ttm) 4.75B
Shares Out 333.18M
EPS (ttm) 13.82
PE Ratio 9.11
Forward PE 8.99
Dividend $1.20 (0.95%)
Ex-Dividend Date Nov 20, 2023
Volume 1,120,742
Open 126.10
Previous Close 126.27
Day's Range 125.28 - 126.87
52-Week Range 82.69 - 132.30
Beta 1.54
Analysts Buy
Price Target 135.00 (+7.18%)
Earnings Date Jan 23, 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]

IPO Date Jun 5, 1992
Employees 13,450
Stock Exchange NYSE
Ticker Symbol DHI
Full Company Profile

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 Statements

Analyst Forecast

According to 19 analysts, the average rating for DHI stock is "Buy." The 12-month stock price forecast is $135.0, which is an increase of 7.18% from the latest price.

Price Target
(7.18% upside)
Analyst Consensus: Buy
Stock Forecasts


Home prices expected to drop, but homebuilders remain strong

Some economists and housing analysts say home prices will likely decline soon, just as existing home inventory is rising. According to November 22 data from real estate platform Redfin, median sale pr...

Other symbols: LENNVRPHMTOL
2 days ago - MarketBeat

How D.R. Horton Beat the Housing Bust

The home builder met rising demand from buyers unable to find an affordable existing home, and offered buyers temporarily relief from steep mortgage rates.

18 days ago - Barrons

You won't believe what Buffett's latest investments reveal

It is no secret that Warren Buffett's baby-turned-giant, Berkshire Hathaway NYSE: BRK.A, has been piling up a record level of cash on hand. This can only mean two things are top of mind for the legend...

Other symbols: BLDRICELEN
22 days ago - MarketBeat

Low inventory trumps rates in today's housing environment, says KBW's Jade Rahmani

Jade Rahmani, Managing Director at KBW, discusses his expectations for D.R. Horton's earnings report.

22 days ago - CNBC Television

D.R. Horton Q4 profit and revenue beat analyst estimates, sending stock higher

D.R. Horton Inc.'s stock DHI, -0.96% was up by 1.3% in premarket trading Tuesday after the home builder's fiscal fourth-quarter results beat Wall Street analyst estimates for profit and revenue. “Desp...

22 days ago - Market Watch

D.R. Horton, Inc., America's Builder, Reports Fourth Quarter and Fiscal 2023 Earnings and Increases Quarterly Dividend to $0.30 Per Share

ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton reported net income of $4.45 per diluted share for its fourth fiscal quarter ended September 30, 2023.

22 days ago - Business Wire

Home-builder stocks fall as lowest affordability in nearly 40 years offsets upbeat sales data

The home-builder sector suffered a broad selloff Wednesday as a rise in Treasury yields, which highlighted concerns over generationally low housing affordability, offset data showing a big beat in new...

4 weeks ago - Market Watch

Faith In The Construction Boom? Follow Buffet's New Buys Here

Everyone is aware of Warren Buffett's new position in construction and homebuilder stocks. Since you are here browsing on MarketBeat, it is safe to assume that you are not everyone and are looking to ...

Other symbols: LEN
5 weeks ago - MarketBeat

High rates help home demand but supply constraints persist, says Deutsche Bank's Joe Ahlersmeyer

Joe Ahlersmeyer, research analyst in the homebuilding space at Deutsche Bank, joins 'The Exchange' to discuss upcoming homebuilder earnings, the impact a drop in margins will have on homebuilder retur...

Other symbols: XHBMTHPHM
6 weeks ago - CNBC Television

Wells Fargo names D.R. Horton top pick as mortgage rates surge higher

CNBC's Diana Olick reports on the upgrades on Wall Street regarding homebuilder sentiment.

6 weeks ago - CNBC Television

Homebuilder stock DR Horton has 26% upside: Goldman Sachs

DR Horton Inc (NYSE: DHI) has lost about 20% over the past three months but a Goldman Sachs analyst is convinced that the story moving forward will be a different one.

6 weeks ago - Invezz

D.R. Horton Stock Is Upgraded. Buyers Prefer Quick Move-In Homes, Says Analyst.

Goldman Sachs upgrades D.R. Horton to Buy but moves to the sidelines on KB Home.

6 weeks ago - Barrons

High rates rock housing stocks

CNBC's Diana Olick reports on the latest for homebuilder stocks.

Other symbols: KBHLENXHB
6 weeks ago - CNBC Television

Homebuilder stocks crumble as mortgage rates surge and as home buyers retreat

Shares of homebuilders took a broad beating Thursday, as mortgage rates kept rising to a 23-year high, and prompting more home buyers to back off. The iShares Home Construction ETF ITB, -4.82% dropped...

6 weeks ago - Market Watch

Three reasons investors have fallen in love with home builders' stocks

At a time when mortgage loan rates have soared to their highest levels since 2000, it might surprise you that some analysts think this is a good time to buy shares of large home builders. But there ar...

6 weeks ago - Market Watch

Homebuilder stocks take a broad beating after jobs data sends Treasury yields to fresh 16-year highs

Shares of homebuilders were taking a broad beating Friday, after the stronger-than-expected jobs data sent Treasury yields to fresh 16-year highs, making new homes less affordable. The iShares U.S. Ho...

7 weeks ago - Market Watch

Housing stocks in the red as bond yieds and mortgage rates rise

CNBC's Diana Olick joins 'Closing Bell' to discuss the pressure the higher mortgage and bond yield rates are having on the housing market.

Other symbols: LENPHMZZG
2 months ago - CNBC Television

Homebuilder stocks under pressure amid rising rates

The current interest rate environment is driving mortgage rates higher, which in turn are having their own effect on homebuilder stocks, such as D.R. Horton (DHI), Lennar (LEN), and PulteGroup (PHM).

2 months ago - Yahoo Finance

D.R. Horton Chicago Announces New Townhomes for Rent in Hampshire, IL

HAMPSHIRE, Ill.--(BUSINESS WIRE)--D.R. Horton's Chicago division announces its first townhome rental community which is being professionally managed by Greystar.

2 months ago - Business Wire

D.R. Horton, Inc. to Release 2023 Fourth Quarter and Fiscal Year-end Earnings on November 7, 2023

ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2023 on November 7, 2023.

2 months ago - Business Wire

Higher rates are never a good thing for the housing market, says HousingWire's Logan Mohtashami

Logan Mohtashami, HousingWire lead analyst, joins 'Squawk on the Street' to discuss the latest existing home sales data, whether the analyst is modeling any relief on rates, and more.

2 months ago - CNBC Television

U.S. new-home sales fall 8.7% in August amid high mortgage rates

The numbers: Sales of newly built homes in the U.S. fell in August as interest rates and home prices stayed elevated, dampening buyer demand.

Other symbols: LENPHMTOL
2 months ago - Market Watch

Homebuilder stocks take a broad beating as rising long-term interest rates raises affordability concerns

Shares of home builders took a broad beating Thursday, amid growing concerns over housing affordability as interest rates have been surging. The iShares U.S. Home Construction ETF ITB dropped 2.6% in ...

2 months ago - Market Watch

D.R. Horton names Paul Romanowski its new CEO

D.R. Horton Inc. DHI said late Wednesday that Paul J. Romanowski has been promoted to chief executive, effective Oct. 1.

2 months ago - Market Watch

D.R. Horton, Inc. Names Paul J. Romanowski as President and CEO and David V.

ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI--D.R. Horton announced the promotion of Paul Romanowski to CEO as David Auld transitions to Executive Vice Chair of the Company's Board.

2 months ago - Business Wire