D.R. Horton, Inc. (DHI)

Over the past six months, D.R. Horton's stock price has fluctuated, with a decline of 12.36% from September 30, 2024, to September 26, 2025, but recent positive movement. Citigroup maintained a Neutral rating but raised its price target for DHI to $175, and other analysts also raised price targets. In July 2025, D.R. Horton's stock rallied after its fiscal third-quarter report beat expectations, and the company announced plans to increase efforts to boost demand.

The demand for D.R. Horton's products and services exhibits seasonality, with the "spring selling season" being an important period. D.R. Horton's guidance and performance during this season can significantly impact the sector. The company expects sales incentives to remain elevated and potentially increase further during the fourth quarter, depending on demand, mortgage interest rates, and other market conditions.

D.R. Horton, Inc. is a leading American home construction company and the largest homebuilder by volume in the United States since 2002. The company acquires and develops land, and constructs and sells residential homes, offering single-family detached homes and attached homes. It caters to various buyer segments through its brands: D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes. The company also provides mortgage financing services and title insurance, engages in residential lot development through Forestar Group Inc., and develops, constructs, owns, leases, and sells multi-family and single-family rental properties.

D.R. Horton, Inc. operates in 125 to 126 markets across 36 states in the United States. The company manages six regional segments throughout the country, spanning the East, North, Southeast, South Central, Southwest, and Northwest regions.

D.R. Horton has built a strong brand reputation for quality, value, and customer service, attracting a wide range of homebuyers. The company is known as "America's Builder" and has consistently ranked among the top homebuilders in the United States.

D.R. Horton, Inc. is heavily dominated by institutional owners, who hold approximately 73.61% to 83% of the company's stock. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., State Street Corp, Capital World Investors, and Jpmorgan Chase & Co. Insiders own about 0.65% to 2.51% of the stock, with Donald R. Horton owning 1.44% of the company's shares. The general public holds approximately 13.42% to 25.74% of the shares.