Skip to Content
Morningstar

D.R. Horton Inc DHI Stock Quote

Morningstar Rating
| Rating as of

Morningstar‘s Stock Analysis DHI

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

D.R. Horton's Entry-Level Position Should Support Long-Term Growth After Near-Term Slowdown

Business Strategy and Outlook

| Brian Bernard, CFA, CPA |

D.R. Horton is the largest U.S. homebuilder (by volume) with an extensive geographic footprint, wide product breadth, and affordable price point. Management is focused on expanding the business while generating steady returns on invested capital and positive cash flows throughout the housing cycle.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics DHI

More

Company Profile DHI

Business Description

D.R. Horton is a leading homebuilder in the United States with operations in 98 markets across 31 states. D.R. Horton mainly builds single-family detached homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton's headquarters are in Arlington, Texas, and it manages six regional segments across the United States.

Contact
1341 Horton Circle
Arlington, TX, 76011
T +1 817 390-8200
Sector Consumer Cyclical
Industry Residential Construction
Most Recent Earnings Jun 30, 2022
Fiscal Year End Sep 30, 2021
Employees 11,788

Related News DHI

Sustainability Matters

Construction-Related Stocks See Risks and Opportunities Amid Tightening Carbon Policies

As the planet warms, decarbonizing our buildings and infrastructure is coming into sharper focus.
Grant Slade
Stock Strategist Industry Reports

How Will Higher Rates Affect the Housing Market?

Demand is likely to cool, but we expect construction will start to rebound in 2024.
Brian Bernard
Stock Analyst Update

We Now See a Sharper Housing Starts Decline in 2023-24

But construction should rebound.
Brian Bernard
Market Update

Markets Brief: How High Can Mortgage Rates Go?

Existing home sales figures from May are on deck. Energy stocks lose juice, while Chinese ADRs continue to rally.
Sandy Ward
Market Update

Cheap Stocks With Q1's Largest Fair Value Upgrades

Undervalued stocks in the financial, automobile, and semiconductor industries recently had major valuation increases.
Jakir Hossain
Market Update

6 Housing Stocks Undervalued Right Now

Rising mortgage rates have sent housing-related stocks tumbling.
Jakir Hossain
Market Update

Markets Review/Preview: All Eyes on the Jobs Report

More strong readings on the labor market are expected as the Fed is seen moving higher, faster on rates.
Jakir Hossain
Stock Strategist Industry Reports

Has Decline in Homebuilder Stocks Created Opportunity?

What Morningstar's analyst thinks of D.R. Horton, Lennar, and Toll Brothers today.
Brian Bernard
Market Update

The Winners of the New Definition of Infrastructure

Depending on which broader infrastructure projects take shape, numerous companies could see increased demand.
David Sekera
Stock Strategist

Our Top Housing-Related Pick

Robust third-quarter housing data has stretched most valuations.
Charles Gross
Stock Strategist

Our Top Housing-Related Pick

We think demand is poised to rebound, despite recession fears, and we expect Lennar to benefit.
Brian Bernard
US Videos

Our Top U.S. Homebuilder Picks

Despite a drop in homebuilder sentiment recently, we see elevated levels of new residential construction in the coming years.
Brian Bernard
Stock Strategist Industry Reports

We're Bullish on a Housing Recovery

Stronger household formation by millennials is key.
Charles Gross
US Videos

Homebuilders Set to Benefit as Demand Grows

We don't see any economic moats for homebuilders under our coverage, but D.R. Horton has great positioning, and Toll Brothers is undervalued.
Brian Bernard
Investing Specialists

Data Quirks--and a Gift From Japan--Take Sting Out of Lackluster GDP

While the sequential GDP growth number didn't look good, same-quarter to same-quarter growth has been much less volatile.
Robert Johnson, CFA
ETF Specialist

A Targeted Way to Home in on Housing

This ETF holds mostly homebuilders but includes some housing-related subsectors as well.
Robert Goldsborough
Quarter-End Insights

Industrials Stocks: Automakers Look Undervalued

We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
David Whiston
Credit Insights

Exuberant Equities Fail to Excite Corporate Bond Market

After suffering from the sharp increase in interest rates and widening credit spreads this summer, investors are hesitant to pay tighter credit spreads for longer-dated corporate bonds.
David Sekera
Credit Insights

Equities Rally, but Corporate Credit Spreads Stay Range-Bound

Interest rates have generally been on an uptrend since the beginning of May, and idiosyncratic risk seems to be rising from increased shareholder activism and aggressive share-buyback programs.
David Sekera
Quarter-End Insights

Our Outlook for Industrials Stocks

Recent U.S. economic data bodes well for industrial companies' near-term fortunes.
James Krapfel