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DHI

D. R. Horton

NYSEConsumer DiscretionaryResidential ConstructionSnapshot 2026-05-08

$147.63+1.14%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, DHI has a composite score of 7.3 and a signal label of "mixed." The score reflects medium confidence at 73.1, with elevated risk due to factors such as macro growth, rates, inflation, and labor. The current analysis is provisional, indicating that the situation may change as new information becomes available.

Composite +7.3as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.08
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
152913582288798
F2 · Value
cheap
Cheapest 30% of consumer discretionary cohort
Why this rank
Price
$147.63
TTM EPS
$11.52
Earnings yield
7.8%
P/E (TTM)
12.8

Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1

F3 · Earnings quality
fragile
Bottom 10% cash conversion in consumer discretionary cohort
Why this rank
TTM NI ($M)
4,506
TTM CFO ($M)
2,397
CFO/NI
0.53
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 20% activity in consumer discretionary cohort· see deep-dive ↓
capital unfriendlyBottom 20% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
neutral13 analysts, 25% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.94 → $2.99 (+1.5% / 30d). 7 raised, 6 cut, 13 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 9 maintained. 25% of analysts rate Buy.

Price target activity

2 PT revisions / 30d. Avg target 7.0% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

2 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase revenue to $33.5-$34.5 billiongrowthbehind0% progress
    4/21: D.R. Horton is updating its guidance for fiscal 2026 as follows: Consolidated revenues in the range of $33.5 billion to $34.5 billion.
    Why this status

    Stated in 3 of last 3 quarters. Revenue was $6.89 billion in 2026-Q1, down from $10.86 billion in 2025-Q4. The trajectory shows limited progress towards the $33.5-$34.5 billion target, indicating a need for acceleration to meet the fiscal year-end goal.

  2. 2.Maintain dividend payments at $500 millioncapital allocationmixed65% progress
    4/21: Dividend payments of approximately $500 million.
    Why this status

    Stated in 3 of last 3 quarters. The company has consistently guided for dividend payments of approximately $500 million, maintaining its commitment to capital allocation. The status is on track as per the latest guidance.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −28%, typical day ±1.2%
Why this risk level

Recent vol — 30d annualized 39%; 252d 38%.

Drawdown — Max 1y −28%. Bad day move −3%.

Beta to sector ETF (XLY) 0.08 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 36/100, drawdown 45/100, beta 8/100, earnings vol .

Sector regime
headwind-4.8%sector vs S&P 500, 60d

via XLY

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite52.3 / 100
Capital allocation46
Earnings discipline57
Margin discipline53
Balance sheet64
Guidance credibility
Post-call reaction45
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase revenue to $33.5-$34.5 billion

    GrowthNew since 2026-05-04

    Aim to achieve consolidated revenues in the range of $33.5 billion to $34.5 billion for fiscal 2026.

    Behind

    Stated in 3 of last 3 quarters. Revenue was $6.89 billion in 2026-Q1, down from $10.86 billion in 2025-Q4. The trajectory shows limited progress towards the $33.5-$34.5 billion target, indicating a need for acceleration to meet the fiscal year-end goal.

    0%
    CEO/CFO:D.R. Horton is updating its guidance for fiscal 2026 as follows: Consolidated revenues in the range of $33.5 billion to $34.5 billion.
    Multiple sourcesSource dated 2026-04-21Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      D.R. Horton is updating its guidance for fiscal 2026 as follows: Consolidated revenues in the range of $33.5 billion to $34.5 billion.

    • 2025-Q4Multiple sources

      D.R. Horton is reiterating its fiscal 2026 guidance as follows: Consolidated revenues in the range of $33.5 billion to $35.0 billion.

    • 2025-Q3Multiple sources

      Based on current market conditions, D.R. Horton is providing initial guidance for fiscal 2026 including: Consolidated revenues in the range of $33.5 billion to $35.0 billion.

  • #2

    Maintain dividend payments at $500 million

    Capital allocationNew since 2026-05-04

    Continue to maintain dividend payments at approximately $500 million for fiscal 2026.

    On trackMixed

    Stated in 3 of last 3 quarters. The company has consistently guided for dividend payments of approximately $500 million, maintaining its commitment to capital allocation. The status is on track as per the latest guidance.

    65%
    CEO/CFO:Dividend payments of approximately $500 million.
    Multiple sourcesSource dated 2026-04-21Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      Dividend payments of approximately $500 million.

    • 2025-Q4Multiple sources

      Dividend payments of approximately $500 million.

    • 2025-Q3Multiple sources

      Dividend payments of approximately $500 million.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
76higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
18higher = cheaper

Richer than its own typical valuation.

P/E
13.7x
EV/EBITDA
9.4x
FCF yield
8.2%

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
DHI
D. R. Horton
+7.3fairelevated
AMZN
Amazon
+16fullmoderate
TSLA
Tesla, Inc.
+0.4expensiveelevated
HD
Home Depot (The)
+14fullmoderate
CVNA
Carvana
+14high
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.2%
A bad day (95th %ile)
A rough but not unusual down day.
-3.4%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-27.6%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If consumer_discretionary sector trend rises from +0.10 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-21)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-21)-8.0 pts
  • If consumer_discretionary sector trend falls from +0.10 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2117d agoItem 2.02

    shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

    earnings preannouncementneutralscore 44
  2. 2026-03-311mo agoItem 1.01

    Entry into a Material Definitive Agreement. D.R. Horton, Inc. Credit Agreement Effective March 27, 2026 , D.R. Horton, Inc. (“D.R. Horton”), Mizuho Bank, Ltd., as successor Administrative Agent, an Issuing Bank and a Lender (“Mizuho” or “Administrative Agent”) and certain other Lenders entered into Amendment No. 13 (“Amendment No. 13”) to the Credit Agreement dated as of September 7, 2012 , as amended prior to the date hereof (as so amended, the “D.R. Horton Credit Agreement”). Pursuant to th…

    capital allocationneutralscore 27
  3. 2026-03-311mo agoItem 2.03

    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. All the information set forth above under

    capital allocationnegativescore 22
  4. 2026-01-203mo agoItem 2.02

    shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

    earnings preannouncementneutralscore 5
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-01-22 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.