D.R. Horton (DHI) Stock Forecast & Price Target

$176.99

+4.29 (+2.48%)

(As of 07/26/2024 ET)

D.R. Horton - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 16 Analyst Ratings

Based on 16 Wall Street analysts who have issued ratings for D.R. Horton in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 2 have given a sell rating, 4 have given a hold rating, and 10 have given a buy rating for DHI.

Consensus Price Target

$175.60
-0.79% Downside

High Forecast	$217.00
Average Forecast	$175.60
Low Forecast	$123.00

According to the 16 analysts' twelve-month price targets for D.R. Horton, the average price target is $175.60. The highest price target for DHI is $217.00, while the lowest price target for DHI is $123.00. The average price target represents a forecasted downside of -0.79% from the current price of $176.99.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	11 Buy rating(s)	12 Buy rating(s)	11 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	7 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$175.60	$158.31	$158.06	$135.50
Forecasted Upside	-0.79% Downside	12.62% Upside	14.28% Upside	14.40% Upside

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DHI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DHI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

D.R. Horton Stock vs. The Competition

Type	D.R. Horton	Construction Companies	S&P 500
Consensus Rating Score	2.50	2.57	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-0.79% Downside	32.15% Upside	9.15% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/23/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$163.00 ➝ $180.00	+1.57%
7/23/2024	Keefe, Bruyette & Woods 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$178.00 ➝ $208.00	+17.37%
7/22/2024	Bank of America 4 of 5 stars		Boost Target	Buy ➝ Buy	$168.00 ➝ $196.00	+11.90%
7/19/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$200.00 ➝ $217.00	+24.83%
7/19/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$168.00 ➝ $200.00	+14.13%
7/19/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$141.00 ➝ $154.00	-11.40%
Get the Latest News and Ratings for DHI and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for D.R. Horton and its competitors with MarketBeat's FREE daily newsletter.
7/19/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Outperform ➝ Market Outperform	$170.00 ➝ $210.00	+21.09%
7/15/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$191.00 ➝ $205.00	+33.98%
7/2/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Pettinari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$181.00 ➝ $156.00	+13.84%
4/19/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$141.00 ➝ $153.00	+6.67%
4/18/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Mccanless Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Underperform ➝ Underperform	$130.00	-13.34%
4/16/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$174.00 ➝ $169.00	+13.37%
2/1/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$140.00 ➝ $160.00	+11.51%
1/22/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Zener Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
1/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $173.00	+11.96%
10/17/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$123.00	+17.68%
7/24/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$135.00 ➝ $145.00	+13.03%
7/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$120.00	-4.30%
5/31/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$150.00	+40.40%
3/22/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
1/26/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$97.00 ➝ $109.00	+14.16%
1/18/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:56 PM ET.

DHI Forecast - Frequently Asked Questions

What is D.R. Horton's forecast for 2024?: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for D.R. Horton is $175.60, with a high forecast of $217.00 and a low forecast of $123.00.
Should I buy or sell D.R. Horton stock right now?: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for D.R. Horton in the last year. There are currently 2 sell ratings, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DHI shares.
Does D.R. Horton's stock price have much upside?: According to analysts, D.R. Horton's stock has a predicted upside of 11.56% based on their 12-month stock forecasts.
Has D.R. Horton been downgraded by Wall Street analysts recently?: Over the previous 90 days, D.R. Horton's stock had 1 downgrade by analysts.
What analysts cover D.R. Horton?: D.R. Horton has been rated by research analysts at Bank of America, Barclays, Citigroup, Evercore ISI, JMP Securities, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Royal Bank of Canada, and UBS Group in the past 90 days.
Do Wall Street analysts like D.R. Horton more than its competitors?: Analysts like D.R. Horton less than other "construction" companies. The consensus rating score for D.R. Horton is 2.50 while the average consensus rating score for "construction" companies is 2.57. Learn more on how DHI compares to other companies.