Horton D R Inc. (DHI): price, analyst ratings, earnings and fundamentals
Updated 30 October 2026, 21:45 ET
Horton D R Inc. (DHI) closed at $146.00 on 30 October 2026, down 0.4%. The stock is up 6.5% over one month and down 1.5% over one year. It trades 14.5% below its 52-week high of $170.78. Analysts recorded 15 actions in the last 90 days; the median price target of $140 is 4.1% below the last close. The company last reported on 29 October 2026 for Q4 2026: EPS of $2.67 against an estimate of $3.01, a miss of 11.3%, on revenue of $9.4 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open DHI in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 15 analyst actions on DHI from 10 firms: 12 maintained or reiterated a view and 3 initiations. Price targets were 12 lowered. The most recent targets from 9 firms range from $114 to $160, with a median of $140, 4.1% below the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 30 Oct 2026 | RBC Capital | Maintains Underperform | $119.00 to $114.00 |
| 30 Oct 2026 | Barclays | Maintains Equal-Weight | $130.00 to $125.00 |
| 30 Oct 2026 | Evercore ISI Group | Maintains In-Line | $166.00 to $152.00 |
| 16 Oct 2026 | Wells Fargo | Maintains Equal-Weight | $145.00 to $140.00 |
| 16 Oct 2026 | StoneX | Initiates Coverage On Hold | |
| 15 Oct 2026 | Citigroup | Maintains Neutral | $160.00 to $150.00 |
| 15 Oct 2026 | RBC Capital | Maintains Underperform | $125.00 to $119.00 |
| 6 Oct 2026 | Melius Research | Initiates Coverage On Sell | $128.00 |
| 6 Oct 2026 | Barclays | Maintains Equal-Weight | $141.00 to $130.00 |
| 1 Oct 2026 | Morgan Stanley | Initiates Coverage On Equal-Weight | $151.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 19 January 2027 before the open for Q1 2027, with EPS expected at $1.58 on revenue of $6.5 billion. Horton D R Inc. beat the EPS estimate in 5 of its last 8 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q4 2026 | 29 Oct 2026 | $3.01 | $2.67 | -11.30% | $9.4B |
| Q3 2026 | 21 Jul 2026 | $2.99 | $3.20 | +7.02% | $9.2B |
| Q2 2026 | 21 Apr 2026 | $2.14 | $2.24 | +4.67% | $7.6B |
| Q1 2026 | 20 Jan 2026 | $1.93 | $2.03 | +5.18% | $6.9B |
| Q4 2025 | 28 Oct 2025 | $3.29 | $3.04 | -7.60% | $9.7B |
| Q3 2025 | 22 Jul 2025 | $2.91 | $3.36 | +15.46% | $9.2B |
| Q2 2025 | 17 Apr 2025 | $2.65 | $2.58 | -2.64% | $7.7B |
| Q1 2025 | 21 Jan 2025 | $2.37 | $2.61 | +10.13% | $7.6B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
For the period ended 30 June 2026, Horton D R Inc. reported revenue of $9.2 billion and net income of $904.9 million. On a trailing twelve month basis the company shows revenue growth of -3.54%, a gross margin of 22.61%, an operating margin of N.A. and a return on equity of 12.75%.
Income statement
| Line | Amount |
|---|---|
| Revenue | $9,227,100,000 |
| Gross Profit | $2,146,200,000 |
| Selling, General & Administrative Expenses | $991,200,000 |
| Depreciation & Amortization | $29,000,000 |
| Pre-tax Income | $1,226,200,000 |
| Income Tax Expense | $307,500,000 |
| Net Income | $904,900,000 |
Cash flow
| Line | Amount |
|---|---|
| Cash from Operating Activities | $439,300,000 |
| Stock-based Compensation | $31,500,000 |
| Cash from Investing Activities | -$53,100,000 |
| Capital Expenditures | $42,000,000 |
| Cash from Financing Activities | -$225,500,000 |
| Dividends Paid | $127,100,000 |
| Share Repurchases | $600,000,000 |
| Free Cash Flow | $397,300,000 |
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $2,078,700,000 |
| Restricted Cash | $56,200,000 |
| Plant, Property & Equipment, Net | $607,500,000 |
| Operating Lease Right-of-Use Assets | $67,200,000 |
| Goodwill Intangible Assets, Net | $163,500,000 |
| Deferred Tax Asset | $579,400,000 |
| Total Assets | $36,511,300,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Operating Lease Liabilities, Long-term | $71,300,000 |
| Deferred Income Taxes | $43,400,000 |
| Minority Interest | $587,000,000 |
| Total Liabilities | $12,104,800,000 |
| Common Stock | $4,000,000 |
| Retained Earnings | $32,800,700,000 |
| Treasury Stock | -$12,620,100,000 |
| Total Stockholders Equity | $23,819,500,000 |
| Total Liability & Stockholders Equity | $36,511,300,000 |
Figures as filed with the SEC for the period ended 30 June 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.00 | 17th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.00 | 14th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Free Cashflow Margin Pct | 9.6% | 65th | Calculated as the ratio of Free Cashflow from Operating Activities / Net Sales. It measures how much per dollar of revenue the company is able to convert into free cash flow. |
| Gross Margin Pct | 22.6% | 26th | Calculated as the ratio of Revenue - Cost of Goods Sold (COGS) / Revenue. The gross margin represents the percent of total sales revenue that the company retains after incurring the direct costs associated with producing the goods and services sold by a company. |
| PreTax Margin Pct | 12.2% | 67th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | 8.4% | 88th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 12.8% | 74th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| FCF Pct Growth | 15.0% | 55th | The Free Cash Flow growth rate over the trailing twelve months (TTM) |
| FCF Pct Growth 3 year CAGR | -1.1% | 42nd | The Free Cash Flow compound annual growth rate (CAGR) over the past 3 years |
| FCF Pct Growth 5 year CAGR | 343.2% | 87th | The Free Cash Flow compound annual growth rate (CAGR) over the past 5 years |
| FCF Return on Assets Pct | 8.8% | 81st | Calculated as the ratio of Cashflow from Operations / Total Assets. A high cash return on assets means a company is generating more cash flow from every asset dollar |
| Operating Cashflow Pct Growth | 15.2% | 57th | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | -0.3% | 41st | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | 33.2% | 92nd | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | -23.0% | 28th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | -14.4% | 29th | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | -3.6% | 39th | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | -3.5% | 26th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | -1.2% | 30th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
| Revenue Pct Growth 5 year CAGR | 5.1% | 41st | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | 24.4% | 80th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open DHI in FundSpec.
Insider activity
In the last 90 days insiders filed 7 transactions. Acquisitions include awards and option exercises as well as open market purchases.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 8 Sep 2026 | Michael J Murray | EVP and COO | G | 5,000 | ||
| 26 Aug 2026 | Elaine D Crowley | Director | M | 264 | ||
| 26 Aug 2026 | M Chad Crow | Director | M | 264 | ||
| 26 Aug 2026 | Barbara Smith | Director | M | 264 | ||
| 26 Aug 2026 | Elaine D Crowley | Director | M | 264 | ||
| 26 Aug 2026 | Barbara Smith | Director | M | 264 | ||
| 26 Aug 2026 | M Chad Crow | Director | M | 264 | ||
| 22 Apr 2026 | Paul J Romanowski | Director, President and CEO | F | 6,024 | $162.95 | $982K |
| 22 Apr 2026 | Michael J Murray | EVP and COO | F | 4,992 | $162.95 | $813K |
| 22 Apr 2026 | David V Auld | Director, Executive Chairman | F | 4,013 | $162.95 | $654K |
| 22 Apr 2026 | Bill W Wheat | EVP and CFO | F | 3,920 | $162.95 | $639K |
| 22 Apr 2026 | Bill W Wheat | EVP and CFO | Acquisition | 5,110 | ||
| 22 Apr 2026 | Paul J Romanowski | Director, President and CEO | Acquisition | 7,665 | ||
| 22 Apr 2026 | Michael J Murray | EVP and COO | Acquisition | 6,388 | ||
| 22 Apr 2026 | David V Auld | Director, Executive Chairman | Acquisition | 5,110 |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 10-Q from 23 July 2026.
| Filed | Form | Document |
|---|---|---|
| 23 Jul 2026 | 10-Q | View on sec.gov |
| 23 Apr 2026 | 10-Q | View on sec.gov |
| 22 Jan 2026 | 10-Q | View on sec.gov |
| 19 Nov 2025 | 10-K | View on sec.gov |
| 23 Jul 2025 | 10-Q | View on sec.gov |
| 23 Apr 2025 | 10-Q | View on sec.gov |
| 23 Jan 2025 | 10-Q | View on sec.gov |
| 19 Nov 2024 | 10-K | View on sec.gov |
| 23 Jul 2024 | 10-Q | View on sec.gov |
| 23 Apr 2024 | 10-Q | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- General Building Contractors
- Industry
- Construction
- Headquarters
- ARLINGTON, Texas
- Chief executive
- David V. Auld
- Employees
- 13,200
- Website
- drhorton.com
- SEC CIK
- 0000882184
D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions. 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.
Sector and peers
Horton D R Inc. is part of the General Building Contractors sector, which FundSpec tracks across 17 companies.
Companies in the same industry by market capitalization:
PHM PulteGroup Inc.NVR NVR Inc.
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for DHI are available to subscribers, with the same screen in the iOS and Android apps.
Open DHI in FundSpec