D.R. Horton (DHI) Stock Price, News & Analysis

Company Overview

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 services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; and owns non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

Key Stats

• Today's Range: $137.30 to $140.77
• 50-Day Range: $137.24 to $194.56
• 52-Week Range: $133.02 to $199.85
• Volume: 7.82 million shs
• Average Volume: 2.56 million shs
• Market Capitalization: $44.79 billion
• P/E Ratio: 9.72
• Dividend Yield: 1.15%
• Price Target: $179.60
• Consensus Rating: Hold

D.R. Horton Stock Analysis - MarketRank™

D.R. Horton scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

D.R. Horton has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 7 buy ratings, 7 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

D.R. Horton has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 9.81%

Earnings Growth

Earnings for D.R. Horton are expected to grow by 9.81% in the coming year, from $14.17 to $15.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of D.R. Horton is 9.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of D.R. Horton is 9.72, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.83.

Price to Earnings Growth Ratio

D.R. Horton has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

D.R. Horton has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.69% of the float of D.R. Horton has been sold short.

Short Interest Ratio / Days to Cover

D.R. Horton has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in D.R. Horton has recently decreased by 6.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

D.R. Horton pays a meaningful dividend of 1.17%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

D.R. Horton does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of D.R. Horton is 11.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, D.R. Horton will have a dividend payout ratio of 10.28% next year. This indicates that D.R. Horton will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -3.56

Percentage of Shares Shorted

2.69% of the float of D.R. Horton has been sold short.

Short Interest Ratio / Days to Cover

D.R. Horton has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in D.R. Horton has recently decreased by 6.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.69

News Sentiment

D.R. Horton has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for D.R. Horton this week, compared to 15 articles on an average week.

Search Interest

31 people have searched for DHI on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.

MarketBeat Follows

Only 16 people have added D.R. Horton to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, D.R. Horton insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $921,515.00 in company stock.

Percentage Held by Insiders

Only 1.74% of the stock of D.R. Horton is held by insiders.

Percentage Held by Institutions

90.63% of the stock of D.R. Horton is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DHI Stock Analysis - Frequently Asked Questions

How have DHI shares performed this year?

D.R. Horton's stock was trading at $151.98 on January 1st, 2024. Since then, DHI shares have decreased by 8.1% and is now trading at $139.61.
View the best growth stocks for 2024 here.

How were D.R. Horton's earnings last quarter?

D.R. Horton, Inc. (NYSE:DHI) announced its quarterly earnings data on Tuesday, October, 29th. The construction company reported $3.92 earnings per share for the quarter, missing analysts' consensus estimates of $4.17 by $0.25. The company's quarterly revenue was down 4.7% on a year-over-year basis.
Read the conference call transcript.

Is D.R. Horton buying back stock?

D.R. Horton's Board of Directors authorized a share repurchase program on Thursday, July 18th 2024, which permits the company to repurchase $4,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 6.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Does D.R. Horton have any subsidiaries?

D.R. Horton subsidiaries include Forestar Group, Wilson Parker Homes, 10700 Pecan Park Austin Inc., 11241 Slater Avenue NE LLC, 2 C Development Company LLC, 8800 Roswell Road Bldg. B LLC, 91st Avenue & Happy Valley L.L.C., and more.

Who are D.R. Horton's major shareholders?

Top institutional investors of D.R. Horton include State Street Corp (4.05%), Mountaineer Partners Management LLC (2.98%), FMR LLC (2.43%) and Geode Capital Management LLC (2.18%). Insiders that own company stock include David V Auld, Michael J Murray, Bill W Wheat, Paul J Romanowski, Bradley S Anderson, Aron M Odom, Michael R Buchanan, Michael W Hewatt and Barbara K Allen.
View institutional ownership trends.

How do I buy shares of D.R. Horton?

Shares of DHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of D.R. Horton own?

Based on aggregate information from My MarketBeat watchlists, some other companies that D.R. Horton investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), CrowdStrike (CRWD) and General Electric (GE).

Company Calendar

• Last Earnings: 10/29/2024
• Ex-Dividend for 11/19 Dividend: 11/12/2024
• Dividend Payable: 11/19/2024
• Today: 12/22/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Operative builders
• Sub-Industry: Homebuilding
• Current Symbol: NYSE:DHI
• CUSIP: 23331A10
• CIK: 882184
• Web: www.drhorton.com
• Phone: (817) 390-8200
• Fax: 817-856-8249
• Employees: 14,766
• Year Founded: 1978

Price Target and Rating

• Average Stock Price Target: $179.60
• High Stock Price Target: $215.00
• Low Stock Price Target: $145.00
• Potential Upside/Downside: +28.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.31
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $14.36
• Trailing P/E Ratio: 9.72
• Forward P/E Ratio: 9.85
• P/E Growth: 0.57
• Net Income: $4.76 billion
• Net Margins: 12.93%
• Pretax Margin: 17.08%
• Return on Equity: 19.24%
• Return on Assets: 13.68%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 7.32
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $36.80 billion
• Price / Sales: 1.22
• Cash Flow: $13.50 per share
• Price / Cash Flow: 10.34
• Book Value: $79.25 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 320,829,000
• Free Float: 315,582,000
• Market Cap: $44.79 billion
• Optionable: Optionable
• Beta: 1.71