D.R. Horton, Inc. (DHI)
| Market Cap | 47.86B |
| Revenue (ttm) | 37.06B |
| Net Income (ttm) | 4.96B |
| Shares Out | 329.31M |
| EPS (ttm) | 14.67 |
| PE Ratio | 9.91 |
| Forward PE | 10.03 |
| Dividend | $1.20 (0.83%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 1,856,142 |
| Open | 144.93 |
| Previous Close | 144.20 |
| Day's Range | 144.74 - 147.85 |
| 52-Week Range | 100.08 - 165.75 |
| Beta | 1.64 |
| Analysts | Buy |
| Price Target | 160.19 (+10.23%) |
| Earnings Date | Apr 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 17 analysts, the average rating for DHI stock is "Buy." The 12-month stock price forecast is $160.19, which is an increase of 10.23% from the latest price.
News
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.
Homebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price Drop
A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation,...
Three-Stock Lunch: Humana, D.R. Horton & Tesla
Scott Nations, Nations Indexes president, joins 'Power Lunch' to discuss plays for three stocks including: Humana, D.R. Horton and Tesla.
Will Homebuilders Like DR Horton & Pulte Group Continue Their Strong Performance This Year?
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...
US homebuilding bounces back in February as builders grow ‘optimistic' about rate cuts
Ahead of the highly anticipated Federal Reserve rate decision on Wednesday, CEO and President of the National Association of Home Builders (NAHB) Jim Tobin joins Yahoo Finance Live to share his insigh...
Public homebuilders will continue to gain market share, according to UBS analyst John Lovallo
UBS analyst John Lovallo joins 'The Exchange' to discuss his outlook for homebuilders, the advantages public builders have in the space, and more.
D.R. Horton, Inc. to Release 2024 Second Quarter Earnings on April 18, 2024
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton announced that it will release financial results for its second quarter ended March 31, 2024 on Thursday, April 18, 2024.
Final Trades: Pfizer, D.R. Horton, Progressive and Alphabet
The Investment Committee shares their top stocks to watch for the second half.
With Interest Rates Set To Drop, Are Homebuilder Stocks Like DR Horton And Pulte Group A Buy?
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders has fared reasonably well this year, rising by about 11% year-to-date. ...
Home builder sentiment climbs for third straight month
More economic data rolls out this week as home builder sentiment reports a third consecutive month of gains, according to the National Association of Home Builders (NAHB). Yahoo Finance Housing Report...
Builder-confidence index rises to five-month high on expectations that mortgage rates will drop in the coming months
The numbers: Home-builder confidence rose in February, with the industry expecting the Federal Reserve to cut interest rates later this year, which could boost demand for homes.
Berkshire Hathaway loads up on shares of Sirius XM and Chevron, exits home builder D.R. Horton
Warren Buffett's Berkshire Hathaway Inc. loaded up on shares of Sirius XM Holding Inc. and Chevron Corp. in the fourth quarter, while selling out of a previous stake in home builder D.R. Horton Inc., ...
D.R. Horton, Inc. to Present at the Citi 2024 Global Industrial Tech and Mobility Conference
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #presentation--D.R. Horton will present via webcast at the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024 at 2:40 p.m...