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 -10.76% downside from DHI’s last price of $169.00) 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 -10.76% downside from DHI's last price of $169.00.

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%-14.20%
Oct 30, 2024Sam ReidWells Fargo$190.00$169.2912.23%12.43%
Oct 30, 2024Stephen KimEvercore ISI$204.00$169.2920.50%20.71%
Oct 30, 2024Anthony PettinariCitigroup$185.00$167.3210.57%9.47%
Jul 19, 2024John LovalloUBS$217.00$173.4225.13%28.40%
Jul 19, 2024Aaron HechtJMP Securities$210.00$173.4221.09%24.26%
Jul 19, 2024Matthew BouleyBarclays$200.00$173.4215.33%18.34%
Apr 19, 2024Mike DahlRBC Capital$141.00$145.88-3.35%-16.57%
Apr 15, 2024Carl ReichardtBTIG$169.00$149.0713.37%-
Apr 04, 2024Matthew BouleyBarclays$186.00$159.4316.67%10.06%
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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 -14.20% decrease from DHI last price ($169.00).

D.R. Horton Price Target by Period


1M3M12M
# Anlaysts4413
Avg Price Target$181.00$181.00$174.62
Last Closing Price$169.00$169.00$169.00
Upside/Downside7.10%7.10%3.33%

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 7.10% increase as opposed to D.R. Horton's last price of $169.00. 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

Sep 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 19Jun 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$4.91B
Avg Forecast$12.44B$10.53B$9.20B$7.61B$10.62B$10.56B$8.62B$7.06B$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$4.48B
High Forecast$13.87B$11.74B$10.26B$8.49B$11.85B$11.77B$9.55B$7.95B$10.23B$9.61B$8.15B$8.43B$10.41B$9.26B$7.19B$7.10B$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$4.48B
Low Forecast$10.96B$9.28B$8.11B$6.71B$9.36B$9.30B$7.50B$6.29B$10.20B$9.61B$8.15B$6.67B$9.73B$7.32B$5.69B$5.61B$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$4.48B
# Analysts85596411116512121478768671171313999131313
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%1.09%

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

Sep 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 19Jun 19
# Analysts85596411116512121478768671171313999131313
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$646.20M
Avg Forecast$2.28B$1.93B$1.69B$1.39B$1.95B$1.93B$1.58B$1.29B$1.87B$1.76B$2.12B$1.39B$1.84B$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$768.74M
High Forecast$2.54B$2.15B$1.88B$1.56B$2.17B$2.16B$1.75B$1.46B$1.87B$1.76B$2.55B$1.55B$1.91B$1.70B$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$768.74M
Low Forecast$2.01B$1.70B$1.49B$1.23B$1.72B$1.70B$1.37B$1.15B$1.87B$1.76B$1.70B$1.22B$1.78B$1.34B$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$768.74M
Surprise %-----------0.93%1.07%1.15%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%0.84%

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

Sep 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 19Jun 19
# Analysts85596411116512121478768671171313999131313
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$474.80M
Avg Forecast$1.62B$1.58B$1.12B$957.00M$1.42B$1.39B$1.06B$793.13M$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$350.73M
High Forecast$1.86B$1.82B$1.29B$1.10B$1.63B$1.60B$1.18B$937.10M$1.36B$1.22B$1.93B$1.07B$1.41B$1.05B$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$350.73M
Low Forecast$1.37B$1.34B$950.02M$809.35M$1.20B$1.18B$964.38M$719.84M$1.35B$1.22B$1.29B$788.52M$1.18B$776.10M$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$350.73M
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%1.35%

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

Sep 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 19Jun 19
# Analysts85596411116512121478768671171313999131313
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$480.00M
Avg Forecast$1.17B$989.67M$864.73M$715.40M$998.47M$992.11M$809.95M$663.70M$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$426.82M
High Forecast$1.30B$1.10B$964.23M$797.71M$1.11B$1.11B$897.65M$747.19M$961.18M$903.40M$933.36M$792.72M$978.47M$869.88M$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$426.82M
Low Forecast$1.03B$872.22M$762.11M$630.50M$879.98M$874.37M$705.05M$591.07M$958.95M$903.40M$622.24M$626.55M$913.99M$687.54M$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$426.82M
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%1.12%

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

Sep 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 19Jun 19
# Analysts85596411116512121478768671171313999131313
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$1.28
Avg Forecast$4.98$4.86$3.45$2.94$4.37$4.28$3.26$2.44$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$1.06
High Forecast$5.72$5.59$3.97$3.38$5.03$4.92$3.64$2.88$4.18$3.75$3.07$3.30$4.34$3.24$2.22$2.59$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$1.06
Low Forecast$4.21$4.11$2.92$2.49$3.70$3.62$2.97$2.21$4.17$3.75$3.07$2.42$3.62$2.39$1.63$1.90$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$1.06
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%1.20%

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$30.76$41.0033.29%Buy
MTHMeritage Homes$181.20$190.004.86%Buy
LENLennar$170.30$160.61-5.69%Buy
DHID.R. Horton$169.00$150.82-10.76%Buy
TOLToll Brothers$146.44$125.06-14.60%Buy
IBPInstalled Building Products$216.90$183.75-15.28%Buy
KBHKB Home$78.50$59.46-24.25%Buy
PHMPulteGroup$129.53$92.50-28.59%Buy
NVRNVR$9.15K$4.90K-46.46%Hold

DHI Forecast FAQ


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.

D.R. Horton (DHI) average price target is $150.82 with a range of $61 to $217, implying a -10.76% from its last price of $169. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DHI stock, the company can go down by -10.76% (from the last price of $169 to the average price target of $150.82), up by 28.40% based on the highest stock price target, and down by -63.91% based on the lowest stock price target.

DHI's average twelve months analyst stock price target of $150.82 does not support the claim that D.R. Horton can reach $300 in the near future.

4 Wall Street analysts forecast a $181 price target for D.R. Horton (DHI) this month, up 7.10% from its last price of $169. Compared to the last 3 and 12 months, the average price target increased by 7.10% and increased by 3.33%, respectively.

D.R. Horton's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $36.86B (high $41.12B, low $32.46B), average EBITDA is $6.76B (high $7.54B, low $5.95B), average net income is $4.66B (high $5.35B, low $4.06B), average SG&A $3.46B (high $3.86B, low $3.05B), and average EPS is $14.34 (high $16.47, low $12.49). DHI's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $39.78B (high $44.36B, low $35.06B), average EBITDA is $7.29B (high $8.13B, low $6.42B), average net income is $5.28B (high $6.07B, low $4.47B), average SG&A $3.74B (high $4.17B, low $3.29B), and average EPS is $16.23 (high $18.66, low $13.73).

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 $6.72B by -7.89%. 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 $1.39B by -7.15%. 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%