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

OverviewRevenueOwnershipFinancialsChartTranscripts

DHI Stock Forecast

D.R. Horton stock forecast is as follows: an average price target of $193.00 (represents a 38.10% upside from DHI’s last price of $139.75) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

DHI Price Target

The average price target for D.R. Horton (DHI) is $193.00 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $217.00 to $145.00. This represents a potential 38.10% upside from DHI's last price of $139.75.

DHI Analyst Ratings

Buy

According to 18 Wall Street analysts, D.R. Horton's rating consensus is 'Buy'. The analyst rating breakdown for DHI stock is 0 'Strong Buy' (0.00%), 12 'Buy' (66.67%), 6 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

D.R. Horton Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Sam ReidWells Fargo$190.00$169.2912.23%35.95%
Oct 30, 2024Stephen KimEvercore ISI$204.00$169.2920.50%45.97%
Oct 30, 2024Mike DahlRBC Capital$145.00$169.29-14.35%3.75%
Oct 30, 2024Anthony PettinariCitigroup$185.00$167.3210.57%32.37%
Jul 19, 2024John LovalloUBS$217.00$173.4225.13%55.27%
Jul 19, 2024Aaron HechtJMP Securities$210.00$173.4221.09%50.26%
Jul 19, 2024Matthew BouleyBarclays$200.00$173.4215.33%43.11%
Apr 19, 2024Mike DahlRBC Capital$141.00$145.88-3.35%0.89%
Apr 15, 2024Carl ReichardtBTIG$169.00$149.0713.37%20.93%
Apr 04, 2024Matthew BouleyBarclays$186.00$159.4316.67%33.09%
Apr 02, 2024Jay McCanlessWedbush$130.00$161.88-19.69%-6.98%
Jan 29, 2024William SteinTruist Financial$193.00$140.5037.37%38.10%
Jan 29, 2024Matt BrysonWedbush$100.00$141.03-29.10%-28.45%
Oct 17, 2023Sam ReidWells Fargo$123.00$104.9317.22%-11.99%
Oct 16, 2023Susan MaklariGoldman Sachs$131.00$103.6626.37%-6.26%
Jan 12, 2023Goldman Sachs$98.00$96.401.66%-29.88%
Jan 09, 2023Buck HorneRaymond James$61.00$92.99-34.40%-56.35%
Dec 06, 2022BTIG$101.00$83.5620.87%-27.73%
Nov 22, 2022J.P. Morgan$100.00$81.6222.52%-28.45%
Sep 19, 2022Kenneth ZenerKeyBanc$84.00$72.4415.96%-39.89%
Aug 02, 2022Carl ReichardtBTIG$92.00$78.2317.60%-34.17%
Jul 26, 2022Matthew BouleyBarclays$95.00$75.3626.06%-32.02%
Jun 20, 2022Carl ReichardtBTIG$97.00$60.5660.17%-30.59%
Apr 27, 2022BTIG$104.00$70.0948.38%-25.58%
Apr 27, 2022Mike DahlRBC Capital$89.00$72.2123.25%-36.32%
Apr 15, 2022Michael RehaulJ.P. Morgan$82.50$72.5113.78%-40.97%
Apr 03, 2022Matthew BouleyBarclays$104.00$76.1836.52%-25.58%
Jan 14, 2022Mark WeintraubSeaport Global$115.00$98.2717.02%-17.71%
Dec 01, 2021Susan MaklariGoldman Sachs$119.00$97.2922.31%-14.85%
Nov 17, 2021Buck HorneRaymond James$120.00$101.0518.75%-14.14%
Nov 15, 2021Deepa RaghavanWells Fargo$115.00$96.8318.76%-17.71%
Nov 10, 2021Rafe JadrosichBank of America Securities$120.00$94.5626.90%-14.14%
Nov 10, 2021Stephen KimEvercore ISI$159.00$94.5668.15%13.77%
Jul 26, 2021Jay McCanlessWedbush$125.00$91.8836.05%-10.56%
Apr 26, 2021Chris GrajaArgus Research$110.00$99.5210.53%-21.29%

The latest D.R. Horton stock forecast, released on Oct 30, 2024 by Sam Reid from Wells Fargo, set a price target of $190.00, which represents a 12.23% increase from the stock price at the time of the forecast ($169.29), and a 35.95% increase from DHI last price ($139.75).

D.R. Horton Price Target by Period

1M3M12M
# Anlaysts-413
Avg Price Target-$181.00$174.62
Last Closing Price$139.75$139.75$139.75
Upside/Downside-100.00%29.51%24.95%

In the current month, the average price target of D.R. Horton stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to D.R. Horton's last price of $139.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024UBSBuyBuyHold
Oct 30, 2024Wells FargoOverweightOverweightHold
Oct 30, 2024RBC CapitalUnderperformUnderperformHold
Oct 30, 2024Evercore ISIOutperformOutperformHold
Oct 30, 2024CitigroupNeutralNeutralHold
Oct 30, 2024BTIGBuyBuyHold
Aug 26, 2024Wells FargoOverweightOverweightHold
Jul 19, 2024BTIGBuyBuyHold
Jul 19, 2024Wells FargoOverweightOverweightHold
Jul 19, 2024UBSBuyBuyHold
Jul 19, 2024JMP SecuritiesOutperformOutperformHold
Jul 19, 2024BarclaysOverweightOverweightHold
Jul 15, 2024Evercore ISIOutperformOutperformHold
Jul 02, 2024CitigroupBuyNeutralDowngrade
May 17, 2024CitigroupBuyBuyHold
May 07, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Apr 19, 2024RBC CapitalUnderperformUnderperformHold
Apr 19, 2024UBSBuyBuyHold
Apr 15, 2024BTIGBuyBuyHold
Apr 12, 2024ZelmanNeutralDowngrade
Apr 05, 2024CitigroupBuyBuyHold
Apr 04, 2024BarclaysOverweightOverweightHold
Apr 02, 2024WedbushNeutralUnderperformDowngrade
Jan 29, 2024WedbushNeutralNeutralHold
Jan 29, 2024Wells FargoOverweightOverweightHold
Jan 24, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Dec 13, 2023BarclaysOverweightOverweightHold
Dec 12, 2023Keefe, Bruyette & WoodsOutperformUpgrade
Oct 16, 2023Goldman SachsNeutralBuyUpgrade
Jul 24, 2023Raymond JamesPositiveOutperformUpgrade
Jul 06, 2023CitigroupBuyBuyHold
May 24, 2023BarclaysOverweightOverweightHold
Apr 24, 2023Credit SuisseNeutralNeutralHold
Apr 22, 2023CitigroupBuyBuyHold
Apr 21, 2023UBSBuyBuyHold
Apr 21, 2023BarclaysOverweightOverweightHold
Apr 21, 2023JMP SecuritiesOutperformOutperformHold
Mar 23, 2023J.P. MorganNeutralDowngrade
Mar 06, 2023JefferiesNeutralDowngrade
Jan 12, 2023Goldman SachsNeutralNeutralHold
Jan 09, 2023Raymond JamesPositivePositiveHold
Jan 09, 2023Raymond JamesMarket PerformDowngrade
Dec 28, 2022CFRAHoldUpgrade
Dec 06, 2022BTIGBuyBuyHold
Sep 19, 2022New StreetPositiveUpgrade
Sep 19, 2022Prescience PointBuyUpgrade
Sep 19, 2022KeyBancOverweightUpgrade
Aug 02, 2022BTIGBuyBuyHold
Jul 26, 2022BarclaysOverweightOverweightHold
Jun 20, 2022BTIGBuyBuyHold
Apr 27, 2022RBC CapitalSector PerformSector PerformHold
Apr 26, 2022BTIGBuyBuyHold
Apr 03, 2022BarclaysOverweightOverweightHold

D.R. Horton's last stock rating was published by UBS on Oct 30, 2024. The company gave DHI a "Buy" rating, the same as its previous rate.

D.R. Horton Financial Forecast

D.R. Horton Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$7.73B$10.50B$9.73B$7.97B$7.26B$9.64B$8.79B$8.00B$7.05B$8.11B$7.28B$6.45B$5.93B$6.40B$5.39B$4.50B$4.02B$5.04B
Avg Forecast$8.81B$12.28B$10.65B$9.41B$7.67B$10.60B$10.44B$8.70B$7.12B$10.22B$9.61B$8.15B$7.56B$10.01B$8.30B$6.45B$6.37B$9.87B$8.81B$7.49B$6.69B$7.83B$7.14B$6.13B$5.61B$5.84B$5.05B$4.44B$3.75B$4.83B
High Forecast$9.42B$13.13B$11.39B$10.06B$8.20B$11.34B$11.16B$9.57B$7.88B$10.23B$9.61B$8.15B$8.09B$10.41B$8.88B$6.90B$6.81B$9.87B$8.81B$7.49B$6.69B$7.83B$7.14B$6.13B$5.61B$5.84B$5.05B$4.44B$3.75B$4.83B
Low Forecast$8.08B$11.26B$9.76B$8.63B$7.03B$9.72B$9.57B$7.90B$6.68B$10.20B$9.61B$8.15B$6.94B$9.73B$7.61B$5.92B$5.84B$9.87B$8.81B$7.49B$6.69B$7.83B$7.14B$6.13B$5.61B$5.84B$5.05B$4.44B$3.75B$4.83B
# Analysts66121110981313761111141376686711713139991313
Surprise %------------1.02%1.05%1.17%1.24%1.14%0.98%1.00%1.07%1.06%1.04%1.02%1.05%1.06%1.10%1.07%1.01%1.07%1.04%

D.R. Horton's average Quarter revenue forecast for Mar 24 based on 11 analysts is $8.15B, with a low forecast of $8.15B, and a high forecast of $8.15B. DHI's average Quarter revenue forecast represents a 5.45% increase compared to the company's last Quarter revenue of $7.73B (Dec 23).

D.R. Horton EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110981313761111141376686711713139991313
EBITDA------------$1.29B$1.96B$1.76B$1.23B$1.25B$2.07B$2.19B$1.87B$1.51B$1.74B$1.43B$1.19B$1.05B$1.08B$798.80M$639.80M$541.10M$681.10M
Avg Forecast$1.61B$2.24B$1.95B$1.72B$1.40B$1.94B$1.91B$1.59B$1.30B$1.87B$1.76B$2.12B$1.38B$1.83B$1.52B$1.93B$1.44B$1.69B$1.51B$1.53B$1.15B$1.34B$1.22B$983.30M$961.89M$1.00B$866.65M$536.98M$643.54M$828.87M
High Forecast$1.72B$2.40B$2.08B$1.84B$1.50B$2.07B$2.04B$1.75B$1.44B$1.87B$1.76B$2.55B$1.48B$1.90B$1.62B$2.32B$1.72B$1.69B$1.51B$1.83B$1.15B$1.34B$1.22B$1.18B$961.89M$1.00B$866.65M$644.37M$643.54M$828.87M
Low Forecast$1.48B$2.06B$1.78B$1.58B$1.29B$1.78B$1.75B$1.44B$1.22B$1.87B$1.76B$1.70B$1.27B$1.78B$1.39B$1.54B$1.15B$1.69B$1.51B$1.22B$1.15B$1.34B$1.22B$786.64M$961.89M$1.00B$866.65M$429.58M$643.54M$828.87M
Surprise %------------0.93%1.07%1.16%0.64%0.87%1.22%1.45%1.23%1.32%1.29%1.17%1.21%1.09%1.07%0.92%1.19%0.84%0.82%

11 analysts predict DHI's average Quarter EBITDA for Mar 24 to be $2.12B, with a high of $2.55B and a low of $1.70B. This is 64.93% upper than D.R. Horton's previous annual EBITDA (Dec 23) of $1.29B.

D.R. Horton Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110981313761111141376686711713139991313
Net Income------------$947.40M$1.51B$1.34B$942.20M$958.70M$1.63B$1.65B$1.44B$1.15B$1.34B$1.12B$929.50M$791.80M$829.00M$630.70M$482.70M$431.30M$505.30M
Avg Forecast$991.86M$1.63B$1.50B$1.14B$917.88M$1.38B$1.35B$1.06B$774.76M$1.36B$1.22B$1.61B$932.36M$1.28B$917.67M$1.46B$1.08B$1.68B$1.48B$1.16B$922.69M$1.12B$928.65M$765.22M$563.96M$579.65M$430.65M$405.12M$302.45M$412.63M
High Forecast$1.08B$1.77B$1.64B$1.25B$1.00B$1.51B$1.48B$1.22B$874.42M$1.36B$1.22B$1.93B$1.02B$1.41B$1.00B$1.75B$1.30B$1.68B$1.48B$1.39B$922.69M$1.12B$928.65M$918.26M$563.96M$579.65M$430.65M$486.15M$302.45M$412.63M
Low Forecast$885.02M$1.45B$1.34B$1.02B$819.00M$1.23B$1.21B$899.75M$720.11M$1.35B$1.22B$1.29B$831.93M$1.18B$818.82M$1.17B$867.78M$1.68B$1.48B$924.01M$922.69M$1.12B$928.65M$612.17M$563.96M$579.65M$430.65M$324.10M$302.45M$412.63M
Surprise %------------1.02%1.18%1.45%0.64%0.88%0.97%1.11%1.24%1.24%1.20%1.20%1.21%1.40%1.43%1.46%1.19%1.43%1.22%

D.R. Horton's average Quarter net income forecast for Mar 24 is $1.61B, with a range of $1.29B to $1.93B. DHI's average Quarter net income forecast represents a 69.64% increase compared to the company's last Quarter net income of $947.40M (Dec 23).

D.R. Horton SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110981313761111141376686711713139991313
SG&A------------$835.00M$886.20M$852.10M$773.60M$737.00M$832.00M$740.60M$695.10M$665.90M$693.00M$655.70M$621.50M$585.90M$597.70M$527.50M$466.80M$455.80M$505.50M
Avg Forecast$828.07M$1.15B$1.00B$884.00M$720.45M$996.10M$980.85M$817.46M$668.78M$960.06M$903.40M$777.80M$710.92M$941.09M$780.12M$707.09M$632.72M$940.25M$839.46M$558.97M$636.79M$745.71M$679.86M$511.65M$534.06M$556.69M$481.18M$391.78M$357.31M$460.21M
High Forecast$885.77M$1.23B$1.07B$945.59M$770.64M$1.07B$1.05B$899.85M$740.70M$961.18M$903.40M$933.36M$760.45M$978.47M$834.47M$848.51M$759.27M$940.25M$839.46M$670.76M$636.79M$745.71M$679.86M$613.98M$534.06M$556.69M$481.18M$470.13M$357.31M$460.21M
Low Forecast$759.46M$1.06B$917.68M$810.75M$660.75M$913.56M$899.57M$742.47M$627.68M$958.95M$903.40M$622.24M$652.01M$913.99M$715.48M$565.68M$506.18M$940.25M$839.46M$447.17M$636.79M$745.71M$679.86M$409.32M$534.06M$556.69M$481.18M$313.42M$357.31M$460.21M
Surprise %------------1.17%0.94%1.09%1.09%1.16%0.88%0.88%1.24%1.05%0.93%0.96%1.21%1.10%1.07%1.10%1.19%1.28%1.10%

D.R. Horton's average Quarter SG&A projection for Mar 24 is $777.80M, based on 11 Wall Street analysts, with a range of $622.24M to $933.36M. The forecast indicates a -6.85% fall compared to DHI last annual SG&A of $835.00M (Dec 23).

D.R. Horton EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110981313761111141376686711713139991313
EPS------------$2.84$4.49$3.93$2.75$2.79$4.70$4.70$4.07$3.22$3.74$3.10$2.57$2.17$2.28$1.73$1.32$1.17$1.37
Avg Forecast$3.05$5.00$4.62$3.52$2.82$4.25$4.16$3.24$2.38$4.17$3.75$3.07$2.87$3.94$2.82$1.93$2.25$5.07$4.49$3.38$2.80$3.39$2.81$2.18$1.71$1.76$1.30$1.12$0.92$1.25
High Forecast$3.33$5.45$5.04$3.84$3.08$4.64$4.54$3.74$2.69$4.18$3.75$3.07$3.13$4.34$3.08$2.11$2.45$5.07$4.49$3.38$2.80$3.39$2.81$2.18$1.71$1.76$1.30$1.12$0.92$1.25
Low Forecast$2.72$4.46$4.12$3.14$2.52$3.79$3.71$2.77$2.21$4.17$3.75$3.07$2.56$3.62$2.52$1.72$2.01$5.07$4.49$3.38$2.80$3.39$2.81$2.18$1.71$1.76$1.30$1.12$0.92$1.25
Surprise %------------0.99%1.14%1.39%1.42%1.24%0.93%1.05%1.20%1.15%1.10%1.10%1.18%1.27%1.30%1.33%1.18%1.28%1.10%

According to 11 Wall Street analysts, D.R. Horton's projected average Quarter EPS for Mar 24 is $3.07, with a low estimate of $3.07 and a high estimate of $3.07. This represents a 8.01% increase compared to DHI previous annual EPS of $2.84 (Dec 23).

D.R. Horton Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BZHBeazer Homes USA$30.01$45.0049.95%Buy
DHID.R. Horton$146.71$193.0031.55%Buy
PHMPulteGroup$115.89$152.0031.16%Buy
LENLennar$151.47$194.3828.33%Buy
MTHMeritage Homes$163.80$206.8026.25%Buy
IBPInstalled Building Products$192.10$239.5024.67%Buy
KBHKB Home$70.44$77.409.88%Buy
TOLToll Brothers$132.73$141.176.36%Buy
NVRNVR$8.47K$4.90K-42.14%Hold

DHI Forecast FAQ

Is D.R. Horton a good buy?

Yes, according to 18 Wall Street analysts, D.R. Horton (DHI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 66.67% of DHI's total ratings.

What is DHI's price target?

D.R. Horton (DHI) average price target is $193 with a range of $145 to $217, implying a 38.10% from its last price of $139.75. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will D.R. Horton stock go up soon?

According to Wall Street analysts' prediction for DHI stock, the company can go up by 38.10% (from the last price of $139.75 to the average price target of $193), up by 55.27% based on the highest stock price target, and up by 3.75% based on the lowest stock price target.

Can D.R. Horton stock reach $200?

DHI's highest twelve months analyst stock price target of $217 supports the claim that D.R. Horton can reach $200 in the near future.

What are D.R. Horton's analysts' financial forecasts?

D.R. Horton's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $36.85B (high $39.96B, low $33.87B), average EBITDA is $6.74B (high $7.3B, low $6.19B), average net income is $4.57B (high $5.07B, low $4.06B), average SG&A $3.46B (high $3.76B, low $3.18B), and average EPS is $14.04 (high $15.6, low $12.49). DHI's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $40B (high $42.78B, low $36.68B), average EBITDA is $7.31B (high $7.82B, low $6.71B), average net income is $5.19B (high $5.66B, low $4.63B), average SG&A $3.76B (high $4.02B, low $3.45B), and average EPS is $15.96 (high $17.4, low $14.24).

Did the DHI's actual financial results beat the analysts' financial forecasts?

Based on D.R. Horton's last annual report (Sep 2023), the company's revenue was $35.46B, beating the average analysts forecast of $31.14B by 13.88%. Apple's EBITDA was $6.19B, missing the average prediction of $6.71B by -7.77%. The company's net income was $4.75B, beating the average estimation of $4.74B by 0.04%. Apple's SG&A was $3.25B, beating the average forecast of $3.06B by 6.13%. Lastly, the company's EPS was $13.93, beating the average prediction of $10.94 by 27.32%. In terms of the last quarterly report (Dec 2023), D.R. Horton's revenue was $7.73B, beating the average analysts' forecast of $7.56B by 2.14%. The company's EBITDA was $1.29B, missing the average prediction of $1.38B by -6.91%. D.R. Horton's net income was $947.4M, beating the average estimation of $932.36M by 1.61%. The company's SG&A was $835M, beating the average forecast of $710.92M by 17.45%. Lastly, the company's EPS was $2.84, missing the average prediction of $2.87 by -0.94%