D.R. Horton Inc.

D.R. Horton Inc.

DHI

Get informed when a big investor buys or sells

+ Follow
Market Cap$44.75B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
D.R. Horton Inc.D.R. Horton Inc.14.71.11%13%1.40.3

Earnings Call Q2 2026

April 21, 2026 - AI Summary

Solid Second Quarter Performance: D.R. Horton reported a consolidated pretax income of $867 million on revenues of $7.6 billion, with a pretax profit margin of 11.5%. This demonstrates strong financial management in a challenging environment despite affordability issues impacting new home demand.
Increased Demand and Sales Orders: Net sales orders increased by 11% year-over-year to 24,992 homes, with total order value rising by 10% to $9.2 billion. This reflects resilience in the market and indicates effective management of sales strategies, even amid consumer concerns regarding mortgage rates.
Stable Gross Margins: The gross profit margin on home sales was reported at 20.1%, marginally better than earlier guidance. Expectations for Q3 are for a gross margin between 19.7% and 20.2%, suggesting pricing discipline and improved cost efficiencies. Costs of stick and brick materials have declined, although lot costs are expected to rise.

Exclusive for Stockcircle Pro members

Sign upSign Up
$161.67

Target Price by Analysts

3.7% upsideD.R. Horton Target Price DetailsTarget Price
$166.16

Current Fair Value

6.6% upside

Undervalued by 6.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$44.75 Billion
Enterprise Value$49.40 Billion
Dividend Yield$1.80 (1.11%)
Earnings per Share$11.62
Beta1.38
Outstanding Shares287,900,000

Return

Return on Equity13.43%ROE
Return on Assets8.92%
Return on Invested Capital13.08%

Valuation & Multiples

P/E Ratio14.73P/E Ratio
PEG-73.48PEG
Price to Sales1.36Price to Sales
Price to Book Ratio1.86Price to Book Ratio
Enterprise Value to Revenue1.48
Enterprise Value to EBIT12.27
Enterprise Value to Net Income15
Total Debt to Enterprise0.13
Debt to Equity0.28Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 21, 2026
EPS Estimate
$2.15
Average shareholder expectation
Revenue Estimate
$7.55 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 21, 2026
EPS Estimate
$2.98
Average shareholder expectation
Revenue Estimate
$9.08 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.2559 33.44%
Total Calls1,818,478 50.24%
Total Puts2,283,910 32.18%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %83.06% 1.57%
Total Invested$33.28B 7.77%
Investors Holding1,195 52.00%

ESG Score

No data

About D.R. Horton Inc.

7,735 employees
CEO: David Auld

D.R. Horton, Inc., America's Builder, has been the largest homebuilder by volume in the United States since 2002. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 88 markets in 29 states across the United States and cl...

Relevant Senate Committees

Joint Committee on Taxation

As the non-partisan committee responsible for scoring all tax legislation, its analysis directly informs and shapes the tax laws passed by Congress. Given that tax policy (corporate and individual) is a critical driver for D.R. Horton's profitability and customer affordability, this committee's influence is direct and substantial, albeit advisory.

Finance

This is a highly influential committee controlling taxation, trade, and entitlement spending. Its decisions on corporate tax policy directly impact D.R. Horton's profitability, while individual tax policies (e.g., mortgage interest deduction, property taxes) significantly affect housing affordability and demand for its homes.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine funding for critical infrastructure projects (roads, utilities, schools) and community development, which are essential for opening new residential markets and directly impact the feasibility and desirability of D.R. Horton's developments.

Banking, Housing, and Urban Affairs

This committee is critically important as it regulates the entire financial system, including HUD (housing policy), the Federal Reserve (interest rates, mortgage lending), and the SEC (corporate finance for publicly traded companies like DHI). It directly influences mortgage availability, capital requirements for banks (which affect DHI's mortgage subsidiary), and broad real estate market conditions.

Environment and Public Works

This committee directly regulates the EPA and federal highway programs. EPA regulations (e.g., wetlands, environmental impact) heavily influence land development costs and availability for homebuilders. Federal highway and infrastructure programs are crucial for opening new residential development areas, directly benefiting D.R. Horton's operations.