DR Horton Inc (DHI · NYSE)
DHI · MARKET VIEW
Market view · as of Sep 21, 2026
Price (last ~year)
D.R. Horton shares have fallen 16.9% over three months to $138.02, leaving the stock 20.1% below its 52-week high and trading at 13.16x earnings with a market cap of $38.60B. Fundamentals show stagnation — revenue was flat YoY at $33.35B TTM while earnings declined 4.8% — though the company beat estimates in three of its last four quarters, including $3.20 versus $2.99 expected for the quarter ended June 30, 2026. The balance sheet remains solid, with $2.08B in cash, debt/EBITDA of 1.7x, and a current ratio of 9.84, and management recently announced a new $5B buyback authorization alongside a $4.79M lot acquisition in Rancho Sahuarita. Sector headwinds persist, as elevated mortgage rates are prompting peers like Meritage Homes to increase buyer incentives.
Valuation
- Market cap
- $38.60B
- P/E
- 13.16
- PEG
- 1.159
- P/B
- 1.621
- P/S
- 1.158
- EV/EBITDA
- 11.14
- Beta
- 1.371
- Analyst target
- $161.25
Quality & returns
- Gross margin
- 21.3%
- Operating margin
- 13.0%
- Profit margin
- 9.2%
- ROE
- 12.6%
- ROA
- 6.9%
Price movement
- Last
- $138.02
- 1-month
- -6.3%
- 3-month
- -16.9%
- RSI (14)
- 34
- vs SMA200
- -7.2%
- 52-wk position
- 15.3% -20.1% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $9.23B | $1.23B | $904.9M | $1.26B |
| 2026-03-31 | $7.56B | $800.0M | $647.9M | $760.7M |
| 2025-12-31 | $6.89B | $729.6M | $594.8M | $857.1M |
| 2025-09-30 | $9.68B | $1.13B | $905.3M | $1.23B |
Recent news
- Neutral NVR, Inc. $NVR Shares Sold by Squarepoint Ops LLC · 2026-09-19
- Bullish D.R. Horton Acquires 47 Additional Lots at Entrada Del Toro in Rancho Sahuarita · 2026-09-18
- Somewhat-Bearish Meritage Homes Likely to Increase Homebuyer Incentives Amid High Mortgage Rates, Truist Says · 2026-09-16
- Somewhat-Bearish Meritage Homes Shares Fall 2.3% in Premarket Trading After Truist Downgrade · 2026-09-16
- Neutral NVR Stock: Is NVR Underperforming the Consumer Cyclical Sector? · 2026-09-16
- Bullish D.R. Horton (DHI) Boosts Buyback Power With $5 Billion New Authorization · 2026-09-16
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)