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D.R. Horton Inc Stock Research

DHI

98.08USD+1.80(+1.87%)Market Closed

Market Summary

USD98.08+1.80
Market Closed
1.87%

DHI Stock Price

DHI RSI Chart

DHI Valuation

Market Cap

33.7B

Price/Earnings (Trailing)

5.93

Price/Sales (Trailing)

1

EV/EBITDA

4.15

Price/Free Cashflow

24.05

DHI Price/Sales (Trailing)

DHI Profitability

Operating Margin

30.65%

EBT Margin

21.97%

Return on Equity

28.19%

Return on Assets

18.77%

Free Cashflow Yield

4.16%

DHI Fundamentals

DHI Revenue

Revenue (TTM)

33.7B

Revenue Y/Y

2.9%

Revenue Q/Q

-24.71%

DHI Earnings

Earnings (TTM)

5.7B

Earnings Y/Y

-16.02%

Earnings Q/Q

-41.25%

Price Action

52 Week Range

59.07103.88
(Low)(High)

Last 7 days

2.7%

Last 30 days

-4.2%

Last 90 days

6.5%

Trailing 12 Months

20.5%

DHI Financial Health

DHI Investor Care

Dividend Yield

0.94%

Dividend/Share (TTM)

0.93

Buy Backs (1Y)

3.60%

Diluted EPS (TTM)

16.12

Peers (Alternatives to DR Horton)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.7B
33.7B
-4.22% 20.48%
5.93
1
16.58% 25.40%
18.6B
4.9B
-1.90% -11.92%
19.15
3.84
-2.46% -10.04%
17.9B
10.5B
2.36% 10.58%
10.37
1.7
17.60% 39.53%
12.6B
16.2B
-4.83% 17.99%
4.83
0.78
16.53% 34.48%
MID-CAP
7.0B
19.7B
-12.75% -30.01%
-4.6
0.35
-10.28% -185.19%
6.6B
10.3B
-3.95% 14.25%
5
0.65
13.82% 49.17%
4.0B
5.6B
-7.85% 14.86%
4.04
0.65
- 34.54%
3.1B
6.9B
-8.57% -3.63%
3.76
0.45
20.59% 44.61%
2.7B
5.7B
-7.50% -10.13%
4.79
0.47
8.82% -2.01%
2.5B
2.3B
-10.91% -11.25%
7.67
1.09
-24.45% -23.99%
SMALL-CAP
1.6B
4.1B
-5.07% 17.18%
3.31
0.39
10.29% 23.63%
1.5B
1.8B
-3.43% 43.53%
5.17
0.86
25.30% 53.46%
460.2M
2.3B
-9.42% -14.74%
2.19
0.2
6.55% 45.02%
446.0M
2.9B
-7.70% -4.12%
1.98
0.15
3.56% -62.90%
48.5M
37.8M
8.59% 1.92%
9.18
1.28
25.98% -64.49%

Financials for DR Horton

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.6%33,68433,48031,95030,44628,894
  S&GA Expenses2.4%3,0052,9342,7952,7102,636
EBITDA-3.0%7,4817,7117,3766,597-
EBITDA Margin-3.6%0.22*0.23*0.23*0.22*-
Earnings Before Taxes-3.0%7,4007,6307,2906,5235,819
EBT Margin-3.6%0.22*0.23*0.23*0.21*-
Net Income-3.0%5,6815,8585,5715,0384,530
Net Income Margin-3.6%0.17*0.17*0.17*0.17*-
Free Cahsflow238.5%1,400414-149-280-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.3%30,26530,35128,87026,68524,999
    Cash Equivalents2.0%2,5912,5411,6561,6642,465
  Net PPE6.4%502472481434410
  Goodwill0%164164164164164
Liabilities-8.1%9,71210,56610,4349,5688,986
Shareholder's Equity3.9%20,15319,39618,06317,11816,013
  Retained Earnings4.5%20,05819,18517,63216,06314,706
  Additional Paid-In Capital0.1%3,3523,3503,3183,2893,283
Shares Outstanding-0.2%343344347352356
Minority Interest2.5%399389373343336
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations178.6%1,5655626.00-145612
  Share Based Compensation-0.8%10410510199.0093.00
Cashflow From Investing-28.1%-531-414-418-124-187
Cashflow From Financing-9.2%-885-811127-272-435
  Dividend Payments1.9%323317310303297
  Buy Backs-15.0%9401,1061,0679981,082

Risks for DHI

What is the probability of a big loss on DHI?

68.5%


Probability that DR Horton stock will be more than 20% underwater in next one year

41.1%


Probability that DR Horton stock will be more than 30% underwater in next one year.

30%


Probability that DR Horton stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DHI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if DR Horton was unfortunately bought at previous high price.

Drawdowns

Returns for DHI

Cumulative Returns on DHI

15.9%


10-Year Cumulative Returns

19.5%


7-Year Cumulative Returns

18.3%


5-Year Cumulative Returns

36.0%


3-Year Cumulative Returns

What are the long-term rolling returns for DHI?

FIve years rolling returns for DR Horton.

Annualized Returns

Which funds bought or sold DHI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-16.18
58,226
604,226
0.02%
2023-03-13
Claro Advisors LLC
new
-
250,931
250,931
0.08%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
29.16
10,648,500
25,656,500
0.03%
2023-03-10
MATHER GROUP, LLC.
added
58.00
298,793
571,793
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-7.68
244,000
1,344,000
0.01%
2023-03-01
SMITHBRIDGE ASSET MANAGEMENT INC/DE
new
-
872,000
872,000
0.23%
2023-02-28
Voya Investment Management LLC
added
12.13
7,666,560
23,502,600
0.03%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
7,114,170
7,114,170
0.01%
2023-02-24
National Pension Service
reduced
-6.23
8,386,490
46,030,300
0.09%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-0.1
85,983
351,983
0.05%

1–10 of 45

Latest Funds Activity

Are funds buying DHI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DHI
No. of Funds

DR Horton News

MarketBeat

Yousif Capital Management LLC Grows Stock Position in D.R. ....

MarketBeat,
3 hours ago

Investor's Business Daily

Investopedia

InvestorsObserver

MarketWatch

Schedule 13G FIlings of DR Horton

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
horton family limited partnership
5.66%
19,435,892
SC 13G/A
Feb 13, 2023
capital world investors
11.8%
40,610,030
SC 13G/A
Feb 13, 2023
capital research global investors
8.9%
30,592,657
SC 13G
Feb 09, 2023
vanguard group inc
10.11%
34,846,932
SC 13G/A
Jan 31, 2023
blackrock inc.
7.4%
25,622,815
SC 13G/A
Feb 11, 2022
horton family limited partnership
5.5%
19,435,892
SC 13G/A
Feb 10, 2022
vanguard group inc
10.07%
35,690,537
SC 13G/A
Feb 09, 2022
vanguard group inc
9.97%
35,496,538
SC 13G/A
Jan 31, 2022
blackrock inc.
9.9%
35,431,305
SC 13G/A
May 10, 2021
vanguard group inc
10.01%
36,086,024
SC 13G/A

DHI Fair Value

DR Horton fair value in different scenarios

The table shows the Fair Value estimates for DR Horton for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

356.04

263.01%

482.65

392.10%

725.15

639.35%

951.94

870.58%

1124.37

1046.38%
Current Inflation

325.09

231.45%

433.29

341.77%

637.67

550.15%

826.32

742.50%

969.74

888.72%
Very High Inflation

287.06

192.68%

373.94

281.26%

534.94

445.41%

681.03

594.36%

792.20

707.71%

Historical DR Horton Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of DR Horton

View All Filings
Date Filed Form Type Document
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading

Latest Insider Trading transactions for DHI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-13
HORTON DONALD R
gifted
-
-
-2,888,600
chairman
2023-03-13
Allen Barbara K
sold
-43,103
95.9991
-449
-
2023-03-12
BUCHANAN MICHAEL R
acquired
-
-
449
-
2023-03-12
WHEAT BILL W
acquired
-
-
4,949
evp and cfo
2023-03-12
Allen Barbara K
acquired
-
-
449
-
2023-03-12
ANDERSON BRADLEY S
acquired
-
-
449
-
2023-03-12
HORTON DONALD R
acquired
-
-
21,063
chairman
2023-03-12
Romanowski Paul J
acquired
-
-
3,846
evp and coo
2023-03-12
Miller Maribess L
acquired
-
-
449
-
2023-03-12
Murray Michael J
acquired
-
-
4,949
evp and coo

1–10 of 50

David V. Auld
11800
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 31 states and 98 markets under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

DHI Income Statement

2022-12-31
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]  
Revenues$ 7,257.8$ 7,053.4
Cost of sales5,291.34,905.7
Selling, general and administrative expense737.0665.9
Other (income) expense(37.7)(15.5)
Income before income taxes1,267.21,497.3
Income tax expense298.9351.5
Net income968.31,145.8
Net income attributable to noncontrolling interests9.64.2
Net income attributable to D.R. Horton, Inc.$ 958.7$ 1,141.6
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)$ 2.79$ 3.21
Weighted average number of common shares344.2356.1
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)$ 2.76$ 3.17
Adjusted weighted average number of common shares346.9360.1

DHI Balance Sheet

2022-12-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2022
Sep. 30, 2022
ASSETS  
Cash and cash equivalents$ 2,591.1$ 2,540.5
Restricted cash21.432.4
Total cash, cash equivalents and restricted cash2,612.52,572.9
Inventories:  
Construction in progress and finished homes9,508.09,798.2
Residential land and lots — developed and under development9,898.99,173.1
Land held for development108.6110.8
Land held for sale29.529.4
Rental properties2,900.32,544.2
Total inventories22,445.321,655.7
Mortgage loans held for sale1,782.72,386.0
Deferred Income Tax Assets, Net137.9141.1
Property and equipment, net501.7471.6
Other assets2,620.92,960.3
Goodwill163.5163.5
Total assets30,264.530,351.1
LIABILITIES  
Accounts payable1,205.01,360.3
Accrued expenses and other liabilities2,816.83,138.3
Notes payable5,690.36,066.9
Total liabilities9,712.110,565.5
Commitments and contingencies (Note K)
EQUITY  
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued0.00.0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 399,882,765 shares issued and 343,278,561 shares outstanding at December 31, 2022 and 399,172,937 shares issued and 343,953,023 shares outstanding at September 30, 20224.04.0
Additional paid-in capital3,352.03,349.5
Retained earnings20,057.919,185.3
Treasury stock, 56,604,204 shares and 55,219,914 shares at December 31, 2022 and September 30, 2022, respectively, at cost(3,260.6)(3,142.5)
Stockholders’ equity20,153.319,396.3
Noncontrolling interests399.1389.3
Total equity20,552.419,785.6
Total liabilities and equity$ 30,264.5$ 30,351.1