DHI – D.R. Horton, Inc.

D.R. Horton, Inc. (DHI) Monthly Stock Report – December 6, 2025

D.R. Horton, Inc. (NYSE: DHI), headquartered in Arlington, Texas, stands as a titan in the residential construction industry within the consumer cyclical sector. Founded in 1978, the company engages in the acquisition and development of land, alongside constructing and selling residential homes across 126 markets in 36 states. Its diverse offerings include single-family detached homes, townhomes, and duplexes, as well as mortgage financing and title agency services. With this robust business model, D.R. Horton has established itself as a key player in addressing the growing demand for housing, supported by significant population growth and urban development trends.

52-Week Price Performance Analysis

D.R. Horton’s stock has shown substantial price movement over the past year. The current stock price is $160.68, situated well between its 52-week high of $184.55 and a low of $110.44.

Technical Insights:

• Support & Resistance: Key support has been identified around the $120 level, which has repeatedly acted as a price floor. Conversely, resistance has consistently emerged around the $160 mark, where the stock has struggled to maintain a breakout in the past.
• Trend Analysis: The stock demonstrated a bullish trend from May through October, characterized by a series of higher highs and higher lows, indicating sustained buying momentum. Recent weeks have shown recovery post the price decline noted in September, suggesting renewed investor interest.
• Moving Averages: The fifty-day moving average sits at $154.1454, with the current trading price above this average–a positive indicator of bullish market sentiment. The price action has recently reclaimed the moving average, hinting at a potential continuation of the upward trend.

Momentum Fundamentals

The upward trajectory indicates robust market conditions, with investors viewing potential highs of $195.00 favorably. As the price hovers close to key resistance, breaking through could trigger a further price rally.

Financial Performance and Metrics

D.R. Horton reported total revenues of approximately $34.25 billion, showcasing its operational capacity within the competitive landscape. Key financial highlights include:
– Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): Approximately $4.77 billion, underscoring effective management of its operational costs and profitability.
– Earnings per Share (EPS): In the fourth quarter of fiscal 2025, the adjusted EPS was recorded at $3.04, which fell short of analyst expectations of $3.29, revealing some headwinds in execution.
– Dividends: The company announced a quarterly dividend increase of 13% to $0.45 per share, payable on November 20, 2025–an indicator of ongoing confidence in cash flow and profitability.

Valuation Metrics

• Short Interest: Of the 292,060,538 shares outstanding, 12,068,147 shares are shorted, reflecting approximately 5.45% of its float. This comparatively low short percentage further emphasizes a prevailing positive sentiment among investors.

Recent News and Developments

D.R. Horton has made headlines recently with the announcement of a dual listing of its common stock on NYSE Texas, aimed at enhancing its trading access and capitalizing on Texas’s pro-growth policies. Chairman David Auld has reiterated the company’s commitment to providing necessary housing in the rapidly expanding region.

Additionally, in a recent quarterly report, while revenues saw a decline of 3.2% year-over-year to $9.68 billion, the company’s strategic initiatives–including the pricing of a $500 million public offering of senior notes at 4.850%, maturing in 2030–illustrate underlying financial prudence and growth orientation.

However, the stock faced some volatility around the earnings release, resulting in a 7.3% dip in stock price, yet it still reflected a remarkable 48% increase over the previous three-month period, illustrating strong resilience despite ongoing legal challenges and broader housing market pressures.

Market Sentiment and Analyst Recommendations

Market sentiment surrounding D.R. Horton is predominantly bullish despite the temporary setbacks following earnings results. Among analysts covering the stock:
– Price Targets: Analysts set a high price target of $195.00, although estimates vary, with some anticipating a median target of around $171.00.
– Consensus Recommendation: A consensus “buy” recommendation off an average score of 2.38 (with 1 being a strong buy and 5 a sell) signifies a favorable outlook for the stock amidst a majority of favorable assessments. Notably, Evercore ISI has established a $169.00 target price labeled “in-line,” while BTIG Research advocates a “buy” rating coupled with a $186.00 price target.

Opportunities and Risks

The company’s robust revenue indicators, solid historical performance, strategic initiatives, and favorable market sentiment paint a comprehensive picture of potential growth opportunities. However, investors must remain cognizant of mixed quarterly results and the prevailing volatility derived from market reactions to earnings releases.

Conclusion

D.R. Horton, Inc. continues to showcase a strong potential in the housing market fueled by effective operational management, strategic expansions, and favorable market dynamics. As investors weigh the promising growth prospects against potential risks, the underlying sentiment remains largely optimistic, substantiated by sound financial performance and robust analyst support. For retail investors considering DHI, the current price presents a noteworthy opportunity for capitalizing on the expected growth trajectory heading into 2026.

Metric	Value
Market Cap	$47.9b
Total Debt	$6.1b
Total Cash	$3.0b
Shares Outstanding	292.1m
Float Shares	259.5m