NYSE:DHI

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

$103.26

-2.92 (-2.75%)

(As of 10:34 AM ET)

Compare

Today's Range: $103.00
▼
$105.94
50-Day Range: $106.15
▼
$131.00
52-Week Range: $66.01
▼
$132.30

Volume: 677,573 shs
Average Volume: 2.93 million shs
Market Capitalization: $34.93 billion

P/E Ratio: 7.34
Dividend Yield: 0.97%
Price Target: $136.19

D.R. Horton MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.53 Rating Score
Upside/Downside: 31.9% Upside
$136.19 Price Target
Short Interest: Healthy
2.56% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.56
Upright™ Environmental Score
News Sentiment: 1.34
Based on 7 Articles This Week
Insider Trading: Selling Shares
$208,202 Sold Last Quarter
Proj. Earnings Growth: 5.80%
From $13.27 to $14.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.14 out of 5 stars

Construction Sector

2nd out of 102 stocks

Operative Builders Industry

1st out of 17 stocks

4.3

Analyst's Opinion

Consensus Rating
D.R. Horton has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 11 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $136.19, D.R. Horton has a forecasted upside of 31.9% from its current price of $103.27.
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.

3.0

Short Interest

Percentage of Shares Shorted
2.56% 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 2.6, 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 increased by 2.71%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
D.R. Horton has a dividend yield of 0.93%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
D.R. Horton has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of D.R. Horton is 7.11%. 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 7.12% next year. This indicates that D.R. Horton will be able to sustain or increase its dividend.

2.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
D.R. Horton has received a -0.14% net impact score from Upright. The largest negative impact of D. R. Horton in category "GHG emissions" seems to be driven mostly by its "Construction of single family houses", "Construction of low-rise luxury homes", and "Construction of apartment buildings" products. See details.
Environmental Sustainability
The Environmental Impact score for D.R. Horton is -3.56.

2.4

News and Social Media Coverage

News Sentiment
D.R. Horton has a news sentiment score of 1.34. 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 higher news sentiment than the 0.74 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for D.R. Horton this week, compared to 10 articles on an average week.
Search Interest
Only 18 people have searched for DHI on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
MarketBeat Follows
Only 20 people have added D.R. Horton to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

2.5

Company Ownership

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 $208,202.00 in company stock.
Percentage Held by Insiders
Only 0.61% of the stock of D.R. Horton is held by insiders.
Percentage Held by Institutions
82.12% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for D.R. Horton are expected to grow by 5.80% in the coming year, from $13.27 to $14.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of D.R. Horton is 7.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of D.R. Horton is 7.34, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 13.77.
Price to Earnings Growth Ratio
D.R. Horton has a PEG Ratio of 0.44. 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 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About D.R. Horton (NYSE:DHI) Stock

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 106 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 town homes, 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; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

DHI Price History

30 days | 90 days | 365 days | Advanced Chart

DHI Stock News Headlines

September 27, 2023 | benzinga.com

$100 Invested In This Stock 15 Years Ago Would Be Worth $800 Today

September 26, 2023 | finance.yahoo.com

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

October 3, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 25, 2023 | finance.yahoo.com

Should Value Investors Buy D.R. Horton (DHI) Stock?

September 21, 2023 | msn.com

D.R. Horton's robust financial health persists despite recent stock value dip

September 21, 2023 | msn.com

Splunk, Cisco, FedEx, Klaviyo, D.R. Horton, KB Home, and More Stock Market Movers