• D.R. Horton (DHI, Financial) misses second-quarter earnings estimates with revenues falling year-over-year.
• Company launches a substantial $5 billion share buyback program and maintains its 2025 guidance.
• Analysts show a mixed outlook with a significant upside potential despite a "Hold" consensus.
D.R. Horton (DHI, Financial) recently announced its second-quarter earnings, revealing an earnings per share of $2.58, which missed analyst expectations by $0.07. The company's revenue reached $7.73 billion, reflecting a 15.1% decline compared to the previous year, and fell short of estimates by $300 million. Despite these shortfalls, D.R. Horton has approved a robust $5 billion share repurchase program and reaffirmed its financial guidance for 2025.
Wall Street Analysts Forecast
Market analysts offer a range of forecasts for D.R. Horton Inc (DHI, Financial). Among 15 analysts, the average one-year price target is set at $160.88, with expectations stretching from a high of $220.00 to a low of $120.00. At these estimates, the average target implies a potential upside of 36.87% from the current market price of $117.54. For more detailed information, investors can visit the D.R. Horton Inc (DHI) Forecast page.
Examining brokerage firm recommendations, the consensus from 22 firms rates D.R. Horton Inc's (DHI, Financial) at an average recommendation of 2.6, signifying a "Hold" status. The rating scale ranges from 1 (Strong Buy) to 5 (Sell).
According to GuruFocus estimates, the estimated GF Value for the next year is $136.17. This suggests an upside potential of 15.85% from the current price of $117.54. The GF Value is GuruFocus' assessment of the stock's fair trading value, calculated based on historical trading multiples, past growth, and future business performance prospects. More extensive data is available on the D.R. Horton Inc (DHI, Financial) Summary page.
