DHI
D.R. Horton
October 15, 2026 · pre-market open
- Rarity
- 1.28
- Peak move
- +4.88%
- Float cap
- $34.7B
D.R. Horton is the largest U.S. homebuilder by volume, constructing and selling single-family detached homes, townhomes and duplexes in 126 markets across 36 states, priced from about $250,000 to over $1 million. It also builds and sells single-family and multi-family rental properties, develops residential lots through majority-owned Forestar Group, and provides mortgage financing and title services to its homebuyers.
Where do you see this going?
no votes yetVoting closed at 4:00 PM ET.
What we found
21 events · 0 from SEC or newswire · 0 timed with the moveinstitutional_flowWest Wealth Group LLC disclosed a new position of 13,428 shares of D.R. Horton, valued at approximately $1.835 million, acquired during the third quarter, per its latest SEC filing.
index_rebalanceThe iShares U.S. Home Construction ETF (ITB) added 215,118 D.R. Horton shares for about $29.1 million on Oct. 13, 2026, lifting DHI's weight in the fund to 18.17% as its largest holding.
analyst_ratingRBC Capital Markets reaffirmed its Sell recommendation on D.R. Horton shares.
macro_dataThe Federal Reserve's October Beige Book, compiled from information gathered through October 5 and released Oct. 14, reported softer housing demand across several districts, higher mortgage-rate pressure and tighter commercial real estate financing.
commodity_eventLumber futures traded near $545.51 per 1,000 board feet on Oct. 14, 2026, after reaching a one-month high as Hurricane Isaias caused power outages in lumber-producing Alabama and Mississippi, with forecasts pointing to about $523.84 for Q4.
geopoliticalHurricane Isaias swept through the US Gulf Coast, causing major power outages in Alabama and Mississippi, both significant lumber-producing states, raising concerns over sawmill supply disruptions.
commodity_eventUS September gasoline prices jumped 9.1% month-over-month and 34.2% year-over-year, and fuel oil rose 15.3% m/m, accounting for more than half of the month's headline CPI increase, per the Labor Department's Oct. 14 release.
- Key event
macro_dataUS September CPI rose 3.7% year-over-year, above the 3.6% forecast, with core CPI up 2.6% y/y and 0.3% m/m, lifting odds of an October Fed rate hike and pushing the 10-year Treasury yield up about 8bp to 5.3%.
operating_metricsThe National Association of Realtors reported US existing-home sales stuck below a 4 million annualized pace for August and September, with inventory at pre-pandemic levels, as NAR chief economist Lawrence Yun cited recent mortgage-rate increases reducing the number of qualified buyers.
- Key event
macro_dataSeptember US CPI rose, lifting expectations of a Federal Reserve rate increase; the PHLX Housing Sector Index fell 2.1% to its lowest since April 2025 as the 30-year mortgage rate rose to 7.50%, its highest since November 2023.
analyst_ratingCiti lowered its price target on D.R. Horton to $150 from $160 while keeping a Neutral rating, cutting homebuilder estimates as part of a Q3 earnings preview on expectations of another leg down in construction activity in October.
earnings_releaseToll Brothers reported fiscal Q3 results: 2,662 homes delivered, $2.65 billion in homebuilding revenue, adjusted gross margin of 25.6% and EPS of $2.97, with net signed contracts up 5% year over year to 2,508 contracts worth $2.5 billion.
- Key event
earnings_releaseLennar reported fiscal Q3 results: 20,840 homes delivered, 20,879 new orders below guidance, gross margin of 15.8%, net margin of 6.6% and GAAP EPS of $1.19, with average selling price of $372,000 and a 12% sales incentive rate.
major_contractD.R. Horton signed a multi-year agreement with Canada's Promise Robotics to use its AI-powered robotic Factory-as-a-Service platform to produce factory-made components for more than 1,250 homes in Arizona, with a Promise plant planned in Phoenix for early 2027; financial terms were not disclosed.
export_controlCanada announced counter-tariffs of 25% on US lumber and 50% on plywood in response to US tariffs on lumber-related products, constraining lumber supply, with a 50% US tariff on certain Canadian goods taking effect Aug. 19, 2026.
macro_dataThe 30-year fixed mortgage rate rose to about 7.49%-7.50%, its highest in nearly three years, for the week ended Oct. 2, 2026, weighing on housing demand.
peer_disclosureFitch Ratings revised its outlook on Lennar to negative from stable, affirming its BBB+ issuer default rating and projecting fiscal 2026 EBITDA margins of 5.5%-6.5% (down from 8.4%) with homebuilding revenue contracting 6%-7%.
analyst_ratingOppenheimer maintained a Hold rating on D.R. Horton with no price target as of Oct. 13, 2026.
analyst_ratingUBS said in a note dated Oct. 13, 2026 that US homebuilders' upcoming results would remain under pressure with full-year guidance possibly cut, and estimated D.R. Horton Q3 EPS at $3.14 versus consensus of $3.05.
analyst_ratingTruist Securities said D.R. Horton is starting to look more attractive with price-to-book near 1.6x, calling it potentially trough P/B, while keeping a Hold rating and $140 price target.
litigation_outcomeSarasota County commissioners voted unanimously on Oct. 6 to reject a settlement that would have let D.R. Horton build a 126-home subdivision on about 51 acres beside the Celery Fields, and directed staff to negotiate buying the Smith Farm parcel, while the developer's Live Local Act lawsuit seeking 864 multifamily units continues.