Analysts Set Expectations for D.R. Horton FY2026 Earnings

Key Points

• Wolfe Research slightly lowered its FY2026 earnings forecast for D.R. Horton to $10.39 per share from $10.41, below the $10.45 analyst consensus; it estimates Q4 FY2026 EPS of $2.95.
• Analyst sentiment is broadly cautious, with D.R. Horton receiving an average “Hold” rating and a $159.36 average price target. Recent firms including Barclays, Wells Fargo and Keefe, Bruyette & Woods reduced their price targets.
• D.R. Horton shares opened at $133.21, near their one-year low of $131.75 and below both their 50-day and 200-day moving averages. The company recently beat quarterly earnings expectations, reporting $3.20 EPS versus the $3.02 consensus.

D.R. Horton, Inc. (NYSE:DHI - Free Report) - Analysts at Wolfe Research cut their FY2026 earnings estimates for D.R. Horton in a note issued to investors on Tuesday, October 6th. Wolfe Research analyst T. Allinson now expects that the construction company will post earnings of $10.39 per share for the year, down from their previous forecast of $10.41. The consensus estimate for D.R. Horton's current full-year earnings is $10.45 per share. Wolfe Research also issued estimates for D.R. Horton's Q4 2026 earnings at $2.95 EPS.

Several other research analysts have also recently commented on DHI. Morgan Stanley initiated coverage on shares of D.R. Horton in a report on Thursday, October 1st. They set an "equal weight" rating and a $151.00 price target for the company. Keefe, Bruyette & Woods dropped their target price on D.R. Horton from $167.00 to $160.00 and set a "market perform" rating on the stock in a report on Tuesday, September 22nd. Barclays decreased their price target on D.R. Horton from $141.00 to $130.00 and set an "equal weight" rating for the company in a report on Tuesday. Wells Fargo & Company dropped their price objective on D.R. Horton from $155.00 to $145.00 and set an "equal weight" rating on the stock in a report on Friday, September 11th. Finally, Citigroup restated a "neutral" rating on shares of D.R. Horton in a research note on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, D.R. Horton has an average rating of "Hold" and an average price target of $159.36.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $133.21 on Thursday. The business has a 50-day simple moving average of $143.21 and a 200-day simple moving average of $146.50. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.04 and a current ratio of 6.43. D.R. Horton has a one year low of $131.75 and a one year high of $170.79. The company has a market cap of $37.26 billion, a PE ratio of 12.67, a P/E/G ratio of 1.95 and a beta of 1.35.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.18. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The firm had revenue of $9.23 billion during the quarter, compared to analyst estimates of $9.10 billion. During the same period last year, the business posted $3.36 earnings per share. D.R. Horton's revenue was up .0% compared to the same quarter last year.

Institutional Trading of D.R. Horton

A number of large investors have recently bought and sold shares of DHI. BlackRock Inc. purchased a new position in D.R. Horton during the second quarter worth about $4,067,842,000. Bank of America Corp DE purchased a new stake in D.R. Horton in the 2nd quarter valued at approximately $477,358,000. Bank of New York Mellon Corp acquired a new position in D.R. Horton during the 2nd quarter worth approximately $294,292,000. Legal & General Group Plc purchased a new position in shares of D.R. Horton during the 2nd quarter worth approximately $280,664,000. Finally, Deutsche Bank AG acquired a new stake in shares of D.R. Horton in the 2nd quarter valued at approximately $201,077,000. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, August 6th. D.R. Horton's payout ratio is presently 17.13%.

D.R. Horton Company Profile

D.R. Horton, Inc is one of the largest homebuilding companies in the United States. Founded in 1978 by Donald R. Horton, the company develops and constructs single-family homes, townhomes and other residential properties for a range of buyers, including first-time, move-up and active-adult households.

The company operates through several homebuilding brands, including D.R. Horton, Express Homes, Emerald Homes and Freedom Homes. Its offerings generally span entry-level and affordable homes, move-up residences, luxury properties and age-qualified communities.

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