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137.06 USD
P/E
13.50
EPS
10.49
Yield
1.27%
Safety Score
100
P/B
1.64
ROE
12.63
Beta
1.37
Target Price
158.92 USD
D.R. Horton, Inc. logo

D.R. Horton, Inc.

🧾 Earnings Recap – Q2 2026

D.R. Horton delivered resilient Q2 2026 results with solid revenue, margins above guidance, and an 11% increase in net sales orders amid ongoing affordability challenges.

  • Achieved $867 million in pretax income on $7.6 billion revenue, with a pretax profit margin of 11.5%, exceeding guidance.
  • Net sales orders rose 11% YoY to 24,992 homes, driven by disciplined pricing and strategic inventory management.
  • Home sales revenues totaled $7 billion on 19,486 homes, with an average price of $361,600, reflecting continued emphasis on affordability.
  • Homes closed had improved cycle times and a 35% reduction in unsold completed homes YoY, supporting inventory efficiency.
  • Margins remained strong with a gross profit rate of 20.1%, and SG&A increased modestly to 9.2% amid lower average sales prices.
📅
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Key Metrics
Earnings dateOct. 29, 2026
P/E13.50
EPS10.49
Book Value84.85
Price to Book1.64
Debt/Equity29.45
% Insiders10.398%
Growth
Revenue Growth-0.02%
Earnings Growth-0.05%
Estimates
Forward P/E11.99
Forward EPS11.57
Target Mean Price158.92
Dividend
Dividend Yield1.27%
Annual dividends1.80 USD
Ex-Div. DateAug. 6, 2026
Payout16.60%
5y avg Yield0.93%

DCF Valuation

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DCF Result

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D.R. Horton, Inc. Logo D.R. Horton, Inc. Analysis (DHI)

United States Industrials Official Website Stock

Is D.R. Horton, Inc. a good investment? D.R. Horton, Inc. (DHI) is currently trading at 137.06 USD. Market analysts have a consensus price target of 158.92 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 13.50. This relatively low multiple may signal that D.R. Horton, Inc. is undervalued compared to historical market norms.

Earnings Schedule: D.R. Horton, Inc. is expected to release its next earnings report on Oct. 29, 2026. The market consensus estimate for Forward EPS is 11.57.

For income investors, D.R. Horton, Inc. pays a dividend yield of 1.27%. With a payout ratio of 17%, the dividend appears sustainable.

Investor FAQ

Does D.R. Horton, Inc. pay a dividend?

Yes, it pays an annual dividend of 1.80 USD (1.27% yield).

What asset class is D.R. Horton, Inc.?

D.R. Horton, Inc. is classified as a Stock. You can compare it against 5 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Oct. 29, 2026. The company currently has a trailing EPS of 10.49.

Company Profile

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 126 markets across 36 states under the names of D.R. Horton. The company also constructs and sells single-family detached homes; and attached homes, such as townhomes and duplexes. In addition, it provides mortgage financing and title agency services; and engages in the residential lot development business. Further, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; conducts insurance-related operations; and owns water rights and other water-related assets, as well as non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

Exchange Ticker
NYQ (United States) DHI
SAO (Brazil) D1HI34.SA
FRA (Germany) HO2.F
MEX (Mexico) DHI.MX
LSE (United Kingdom) 0I6K.L
Trades
Dividend Yield
1.27%
5y avg 0.93%
Annual Dividends
1.80USD
Next Ex. Div Date
Aug. 6, 2026
Payout Ratio
16.60%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
▸2027
1.55 USD
Aug. 23, 2027 (estimated) 0.5151
May 17, 2027 (estimated) 0.5151
Feb. 15, 2027 (estimated) 0.5151
▸2026
1.95 USD
Nov. 18, 2026 (estimated) 0.6000
Aug. 13, 2026 0.4500
May 14, 2026 0.4500
Feb. 12, 2026 0.4500
▸2025
1.65 USD
Nov. 20, 2025 0.4500
Aug. 14, 2025 0.4000
May 9, 2025 0.4000
Feb. 14, 2025 0.4000
▸2024
1.30 USD
Nov. 19, 2024 0.4000
Aug. 8, 2024 0.3000
May 9, 2024 0.3000
Feb. 13, 2024 0.3000
▸2023
1.05 USD
Nov. 28, 2023 0.3000
Aug. 14, 2023 0.2500
May 10, 2023 0.2500
Feb. 14, 2023 0.2500
▸2022
0.92 USD
Dec. 12, 2022 0.2500
Aug. 11, 2022 0.2250
May 18, 2022 0.2250
Feb. 25, 2022 0.2250
▸2021
0.83 USD
Dec. 15, 2021 0.2250
Aug. 17, 2021 0.2000
May 20, 2021 0.2000
Feb. 25, 2021 0.2000
▸2020
0.73 USD
Dec. 14, 2020 0.2000
Aug. 24, 2020 0.1750
May 21, 2020 0.1750
Feb. 24, 2020 0.1750
▸2019
0.63 USD
Dec. 11, 2019 0.1750
Aug. 26, 2019 0.1500
May 28, 2019 0.1500
Feb. 25, 2019 0.1500
▸2018
0.53 USD
Dec. 10, 2018 0.1500
Aug. 22, 2018 0.1250
May 25, 2018 0.1250
March 9, 2018 0.1250
▸2017
0.43 USD
Dec. 15, 2017 0.1250
Aug. 23, 2017 0.1000
May 19, 2017 0.1000
Feb. 15, 2017 0.1000
▸2016
0.34 USD
Dec. 12, 2016 0.1000
Aug. 19, 2016 0.0800
May 27, 2016 0.0800
Feb. 17, 2016 0.0800
▸2015
0.27 USD
Dec. 14, 2015 0.0800
Aug. 18, 2015 0.0630
May 27, 2015 0.0630
Feb. 17, 2015 0.0630
▸2014
0.20 USD
Dec. 15, 2014 0.0630
Aug. 18, 2014 0.0630
May 27, 2014 0.0380
Feb. 18, 2014 0.0380
▸2013
0.15 USD
Dec. 13, 2013 0.1500
▸2012
0.30 USD
Dec. 21, 2012 0.1500
Dec. 17, 2012 0.0370
Aug. 24, 2012 0.0380
May 22, 2012 0.0380
Feb. 21, 2012 0.0380
▸2011
0.15 USD
Dec. 13, 2011 0.0380
Aug. 24, 2011 0.0380
May 24, 2011 0.0380
Feb. 18, 2011 0.0380
▸2010
0.15 USD
Dec. 8, 2010 0.0380
Aug. 26, 2010 0.0380
May 24, 2010 0.0380
Feb. 25, 2010 0.0380
▸2009
0.15 USD
Dec. 15, 2009 0.0380
Aug. 28, 2009 0.0380
May 27, 2009 0.0380
Feb. 26, 2009 0.0380
▸2008
0.34 USD
Dec. 18, 2008 0.0380
Aug. 28, 2008 0.0750
May 29, 2008 0.0750
Feb. 20, 2008 0.1500
▸2007
0.60 USD
Nov. 16, 2007 0.1500
Aug. 27, 2007 0.1500
May 18, 2007 0.1500
Feb. 9, 2007 0.1500
▸2006
0.50 USD
Nov. 1, 2006 0.1500
Sept. 1, 2006 0.1500
May 19, 2006 0.1000
Feb. 10, 2006 0.1000
▸2005
0.36 USD
Oct. 31, 2005 0.0900
Aug. 19, 2005 0.0900
May 20, 2005 0.0900
Feb. 11, 2005 0.0900
▸2004
0.32 USD
Nov. 2, 2004 0.0800
Aug. 20, 2004 0.0800
May 21, 2004 0.0800
Feb. 13, 2004 0.0800
▸2003
0.28 USD
Oct. 31, 2003 0.0700
Aug. 22, 2003 0.0700
May 20, 2003 0.0700
Feb. 14, 2003 0.0700
▸2002
0.26 USD
Nov. 15, 2002 0.0600
Aug. 23, 2002 0.0600
May 21, 2002 0.0600
Feb. 15, 2002 0.0600
Feb. 15, 2002 0.0200
▸2001
0.27 USD
Oct. 26, 2001 0.0500
Oct. 26, 2001 0.0167
Aug. 22, 2001 0.0500
Aug. 22, 2001 0.0167
May 15, 2001 0.0500
May 15, 2001 0.0167
Feb. 15, 2001 0.0500
Feb. 15, 2001 0.0150
▸2000
0.21 USD
Oct. 30, 2000 0.0120
Oct. 30, 2000 0.0400
Aug. 25, 2000 0.0400
Aug. 25, 2000 0.0110
May 22, 2000 0.0110
May 22, 2000 0.0400
Feb. 17, 2000 0.0110
Feb. 17, 2000 0.0400
▸1999
0.15 USD
Oct. 28, 1999 0.0300
Oct. 28, 1999 0.0083
Aug. 25, 1999 0.0300
Aug. 25, 1999 0.0083
May 14, 1999 0.0300
May 14, 1999 0.0083
Feb. 16, 1999 0.0300
Feb. 16, 1999 0.0083
▸1998
0.11 USD
Oct. 23, 1998 0.0061
Oct. 23, 1998 0.0225
Aug. 14, 1998 0.0225
Aug. 14, 1998 0.0061
May 15, 1998 0.0225
May 15, 1998 0.0061
Feb. 6, 1998 0.0225
Feb. 6, 1998 0.0061
▸1997
0.10 USD
Nov. 18, 1997 0.0200
Nov. 18, 1997 0.0055
Aug. 22, 1997 0.0055
Aug. 22, 1997 0.0200
May 15, 1997 0.0200
May 15, 1997 0.0055
Feb. 13, 1997 0.0055
Feb. 13, 1997 0.0200
▸1993
0.87 USD
Aug. 25, 1993 0.1183
Aug. 25, 1993 0.7500
Upcoming Dividends
Name Payment Date Status Amount
D.R. Horton, Inc. Aug 13, 2026 0.45 USD
D.R. Horton, Inc. May 14, 2026 0.45 USD
D.R. Horton, Inc. Feb 12, 2026 0.45 USD
D.R. Horton, Inc. Nov 20, 2025 0.45 USD
Stock Splits
Split Date Split Ratio to 1
Aug. 25, 1993 1.05
May 24, 1994 1.06
May 24, 1995 1.09
Sept. 18, 1995 1.4
May 6, 1996 1.08
Sept. 14, 2000 1.09
March 7, 2001 1.11
April 10, 2002 1.5
Jan. 13, 2004 1.5
March 17, 2005 1.33333
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