
D.R. Horton (DHI) Stock Forecast & Price Target
D.R. Horton (DHI) Analyst Ratings
Bulls say
D.R. Horton has demonstrated resilience in its gross margins, achieving 21.8% in the third quarter, which exceeded expectations and reflects the company's operational efficiency. Furthermore, forward estimates have been raised by 5%, indicating positive adjustments based on improved gross margins, despite some challenges related to lower deliveries and average selling prices. This capacity to maintain strong margins alongside an optimistic outlook on future performance underlines D.R. Horton's solid position in the homebuilding market.
Bears say
D.R. Horton's operational environment is significantly hampered by elevated interest rates and high home prices, which contribute to stretched affordability for potential buyers. These factors create an uncertain outlook for housing demand, profit margins, and investment returns, heightening risks related to sales volume and home price deterioration. Additionally, any further increase in interest rates poses a threat to affordability and overall property valuation, exacerbating the challenges faced by the company in maintaining robust financial performance.
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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