Summary:
- D.R. Horton (DHI, Financial) shares are reacting negatively to a weaker-than-expected second-quarter performance.
- Analysts project a potential 29.72% upside with a Hold consensus from 22 brokerage firms.
- GuruFocus estimates suggest a 12.31% increase in stock value over the next year.
D.R. Horton (DHI) has recently faced downward pressure in the stock market due to underwhelming quarterly results. The company's second-quarter earnings and revenue fell short of projections, leading to a downward revision of its full-year outlook. This development has understandably weighed on investor sentiment, provoking a closer look at the stock's future prospects.
Wall Street Analysts' Predictions
According to the price targets offered by 15 analysts, D.R. Horton Inc (DHI, Financial) is projected to reach an average price of $157.28 within a year. The high and low estimates stand at $220.00 and $105.00, respectively, hinting at a potential upside of 29.72% from the current trading price of $121.25. Investors seeking detailed projections can access more information on the D.R. Horton Inc (DHI) Forecast page.
The brokerage consensus presents a "Hold" recommendation for D.R. Horton Inc (DHI, Financial), with an average score of 2.6 from 22 firms. The rating system ranges from 1 (Strong Buy) to 5 (Sell), offering a balanced view of the stock's current standing.
Assessing the GF Value
GuruFocus provides an estimated GF Value for D.R. Horton Inc (DHI, Financial) at $136.17 over the next year, suggesting a potential increase of 12.31% from the current price of $121.25. This value is derived from analyzing historical trading multiples, past growth trends, and projected future performance of the business. For more comprehensive insights, investors can visit the D.R. Horton Inc (DHI) Summary page.
