
D.R. Horton (DHI) Stock Forecast & Price Target
D.R. Horton (DHI) Analyst Ratings
Bulls say
D.R. Horton, the largest homebuilder in the United States, demonstrated resilience with a gross margin of 21.8% in the third quarter, exceeding expectations. In response to improved gross margins, forward estimates have been raised by 5%, reflecting a positive shift in the company's financial outlook despite challenges such as lower deliveries and average selling prices (ASP). The company's diversified product offerings across various market segments and its financial services complement further strengthen its financial position and potential for growth.
Bears say
D.R. Horton faces challenges in the homebuilding environment due to elevated interest rates, high home prices, and stretched affordability, leading to an uncertain outlook for housing demand and profit margins. The company is at risk of declining sales volumes and home prices, which could further impact its financial performance and valuation metrics. Overall, these factors contribute to a negative outlook for the company's stock performance amid an increasingly difficult market landscape.
This aggregate rating is based on analysts' research of D.R. Horton and is not a guaranteed prediction by Public.com or investment advice.
D.R. Horton (DHI) Analyst Forecast & Price Prediction
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