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

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DHI Stock Forecast

D.R. Horton stock forecast is as follows: an average price target of $150.82 (represents a -6.82% downside from DHI’s last price of $161.86) 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 $150.82 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 $61.00. This represents a potential -6.82% downside from DHI's last price of $161.86.

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, 2024Mike DahlRBC Capital$145.00$169.29-14.35%-10.42%
Oct 30, 2024Sam ReidWells Fargo$190.00$169.2912.23%17.39%
Oct 30, 2024Stephen KimEvercore ISI$204.00$169.2920.50%26.03%
Oct 30, 2024Anthony PettinariCitigroup$185.00$167.3210.57%14.30%
Jul 19, 2024John LovalloUBS$217.00$173.4225.13%34.07%
Jul 19, 2024Aaron HechtJMP Securities$210.00$173.4221.09%29.74%
Jul 19, 2024Matthew BouleyBarclays$200.00$173.4215.33%23.56%
Apr 19, 2024Mike DahlRBC Capital$141.00$145.88-3.35%-12.89%
Apr 15, 2024Carl ReichardtBTIG$169.00$149.0713.37%4.41%
Apr 04, 2024Matthew BouleyBarclays$186.00$159.4316.67%14.91%
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The latest D.R. Horton stock forecast, released on Oct 30, 2024 by Mike Dahl from RBC Capital, set a price target of $145.00, which represents a -14.35% decrease from the stock price at the time of the forecast ($169.29), and a -10.42% decrease from DHI last price ($161.86).

D.R. Horton Price Target by Period

1M3M12M
# Anlaysts4413
Avg Price Target$181.00$181.00$174.62
Last Closing Price$161.86$161.86$161.86
Upside/Downside11.83%11.83%7.88%

In the current month, the average price target of D.R. Horton stock is $181.00, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 11.83% increase as opposed to D.R. Horton's last price of $161.86. This month's average price target is down 0.00% compared to last quarter, and up 3.65% 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
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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$9.68B$13.49B$11.70B$10.34B$8.42B$11.65B$11.47B$9.51B$8.57B$10.23B$9.61B$8.15B$8.31B$10.41B$9.12B$7.09B$7.00B$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$8.04B$11.20B$9.72B$8.58B$7.00B$9.67B$9.52B$7.85B$6.44B$10.20B$9.61B$8.15B$6.90B$9.73B$7.57B$5.89B$5.81B$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
# Analysts6661211109131387121214787686711713139991313
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 12 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
# Analysts6661211109131387121214787686711713139991313
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$1.77B$2.47B$2.14B$1.89B$1.54B$2.13B$2.10B$1.74B$1.57B$1.87B$1.76B$2.55B$1.52B$1.90B$1.67B$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$1.47B$2.05B$1.78B$1.57B$1.28B$1.77B$1.74B$1.43B$1.18B$1.87B$1.76B$1.70B$1.26B$1.78B$1.38B$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%

12 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
# Analysts6661211109131387121214787686711713139991313
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$1.59B$1.48B$1.12B$940.98M$1.38B$1.36B$1.06B$771.29M$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$1.12B$1.79B$1.67B$1.27B$1.06B$1.56B$1.53B$1.27B$1.04B$1.36B$1.22B$1.93B$1.05B$1.41B$1.04B$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$879.04M$1.41B$1.32B$995.63M$833.94M$1.23B$1.20B$845.39M$651.96M$1.35B$1.22B$1.29B$826.31M$1.18B$813.29M$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
# Analysts6661211109131387121214787686711713139991313
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$909.89M$1.27B$1.10B$971.33M$791.63M$1.09B$1.08B$893.78M$805.59M$961.18M$903.40M$933.36M$781.16M$978.47M$857.20M$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$755.62M$1.05B$913.04M$806.65M$657.41M$908.94M$895.02M$737.46M$604.87M$958.95M$903.40M$622.24M$648.72M$913.99M$711.86M$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 12 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
# Analysts6661211109131387121214787686711713139991313
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$4.88$4.56$3.45$2.89$4.25$4.17$3.25$2.37$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$3.44$5.51$5.15$3.90$3.27$4.80$4.71$3.91$3.20$4.18$3.75$3.07$3.24$4.34$3.18$2.18$2.54$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$2.70$4.33$4.04$3.06$2.56$3.77$3.70$2.60$2.00$4.17$3.75$3.07$2.54$3.62$2.50$1.71$1.99$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 12 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$33.03$41.0024.13%Buy
MTHMeritage Homes$177.68$190.006.93%Buy
LENLennar$168.07$160.61-4.44%Buy
DHID.R. Horton$161.86$150.82-6.82%Buy
IBPInstalled Building Products$211.24$178.00-15.74%Buy
TOLToll Brothers$152.36$125.06-17.92%Buy
KBHKB Home$77.79$59.46-23.56%Buy
PHMPulteGroup$128.12$92.50-27.80%Buy
NVRNVR$8.95K$4.90K-45.23%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 $150.82 with a range of $61 to $217, implying a -6.82% from its last price of $161.86. 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 down by -6.82% (from the last price of $161.86 to the average price target of $150.82), up by 34.07% based on the highest stock price target, and down by -62.31% 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 is D.R. Horton's current price target trend?

4 Wall Street analysts forecast a $181 price target for D.R. Horton (DHI) this month, up 11.83% from its last price of $161.86. Compared to the last 3 and 12 months, the average price target increased by 11.83% and increased by 7.88%, respectively.

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 $41.2B, low $33.48B), average EBITDA is $6.74B (high $7.53B, low $6.12B), average net income is $4.57B (high $5.41B, low $3.93B), average SG&A $3.46B (high $3.87B, low $3.15B), and average EPS is $14.05 (high $16.62, low $12.07). DHI's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $40B (high $43.95B, low $36.5B), average EBITDA is $7.31B (high $8.03B, low $6.67B), average net income is $5.14B (high $5.79B, low $4.55B), average SG&A $3.76B (high $4.13B, low $3.43B), and average EPS is $15.79 (high $17.82, low $14).

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%