D.R. Horton, Inc. (DHI) earnings on July 21, 2026
More D.R. Horton, Inc. earnings
Prior outlook: No statistical edge
D.R. Horton shares initially rose after earnings but then fell, closing down 0.9% as the company's sales outlook disappointed.
DHI price around the earnings
143.52
Change: -0.7%
2026-07-21, 20:00 UTC
Start of the measured window
End of the measured window
141.65
144.45
147.25
150.05
144.59
July 21, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
- Results released
Context analyzed before publication
Analysts
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.53
- Analysts covering the stock
- 13
- Average price target
- 168
- Lowest price target
- 123
- Highest price target
- 206
- Upside to price target
- 16%
- Quarterly earnings growth
- -20.1%
- Revenue growth
- -2.3%
- Forward EPS
- 12
- Trailing EPS
- 10.32
- Analyst moves in the last 60 days
- 2
- Strong buy: 0
- Buy: 5
- Hold: 13
- Sell: 0
- Strong sell: 1
- Strong buy
- 0
- Buy
- 5
- Hold
- 13
- Sell
- 0
- Strong sell
- 1
- July 14, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- July 7, 2026 · Zelman & Assoc: Upgrades rating (Neutral → Outperform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- D.R. Horton Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call (opens in a new tab) — Benzinga
- Barclays Maintains Equal-Weight on D.R. Horton, Raises Price Target to $141 (opens in a new tab) — Benzinga
- Zelman & Assoc Upgrades D.R. Horton to Outperform (opens in a new tab) — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 3.5%
- Distance to 52-week high
- -20.6%
- 14-day change (14d)
- -11.8%
- 30-day change (30d)
- -1.1%
- 30-day relative strength
- -1.1%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 144.21
- Nearest resistance
- 145.12
- Volume accumulation ratio (14d / 46d)
- 1.07
Trends
Evidence
- Average earnings surprise
- +5.1%
- April 21, 2026: actual EPS 2.24 vs estimate 2.12 (surprise +5.6%)
- January 20, 2026: actual EPS 2.03 vs estimate 1.92 (surprise +6.0%)
- October 28, 2025: actual EPS 3.04 vs estimate 3.27 (surprise -7.1%)
- July 22, 2025: actual EPS 3.36 vs estimate 2.9 (surprise +15.8%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 20 earnings
- Median move
- 3.2%
- 75th percentile move
- 5.7%
- 90th percentile move
- 9.3%
- Up / down moves
- 12 / 8
- Average up move
- +5.2%
- Average down move
- -3.6%
Monitoring and close
What D.R. Horton, Inc. reported
- Status
- Finished
| Actual EPS | 3.2 |
|---|---|
| EPS estimate | 3.06 |
| EPS surprise | +4.6% |
| Revenue | $9,227 million |
| Revenue estimate | $9,177 million |
| Revenue surprise | +0.5% |
D.R. Horton reported solid Q3 earnings of $3.20 per share with strong cash flow, despite affordability constraints and higher cancellations. PulteGroup expected to post lower profits. Market fell on rising oil prices.
Sources (21)
- D.R. Horton Inc (DHI) Q3 2026 Earnings Call Highlights: Strong Cash Flow and Home Closures Amid ... (opens in a new tab) — GuruFocus.com
- D.R. Horton Stock Swings After Earnings Beat, Reduced Guidance (opens in a new tab) — Barrons.com
- Q2 Earnings Pick Up Steam: GM, MMM, DHI & More (opens in a new tab) — Zacks
- D.R. Horton's Q3 Earnings Beat on Higher Closings, Stock Up (opens in a new tab) — Zacks
- D.R. Horton Q3 Earnings Call Highlights (opens in a new tab) — MarketBeat
- Conference Call: D.R. Horton Sees Q4 Sales $8.800B-$9.300B vs $10.203B Est (opens in a new tab) — Benzinga
- D.R. Horton Q3 2026 Earnings Call Transcript (opens in a new tab) — Benzinga
- Compared to Estimates, D.R. Horton (DHI) Q3 Earnings: A Look at Key Metrics (opens in a new tab) — Zacks
- D.R. Horton (NYSE:DHI) Posts Q2 CY2026 Sales In Line With Estimates But Full-Year Sales Guidance Misses Expectations Significantly (opens in a new tab) — StockStory
- D.R. Horton, Inc. (DHI) Q3 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- D.R. Horton (DHI) Q3 Earnings and Revenues Beat Estimates (opens in a new tab) — Zacks
- D.R. Horton Lowers Revenue Guidance as Sales Come in Flat (opens in a new tab) — The Wall Street Journal
- D.R. Horton shares edge higher after earnings beat despite softer 2026 outlook (DHI) (opens in a new tab) — InvestorsHub
- D.R. Horton (NYSE:DHI) Reports Mixed Q3 With Earnings Beat and Cautious Outlook (opens in a new tab) — ChartMill
- D.R. Horton Earnings Offer Hope to Home Builders (opens in a new tab) — Barrons.com
- D.R. Horton up in premarket after Q3 earnings beat despite weak outlook (opens in a new tab) — Investing.com
- D.R. Horton Lowers FY2026 Sales Guidance from $33.500B-$34.500B to $32.500B-$33.000B vs $33.664B Est (opens in a new tab) — Benzinga
- D.R. Horton Q3 EPS $3.20 Beats $3.06 Estimate, Sales $9.227B Beat $9.177B Estimate (opens in a new tab) — Benzinga
- D.R. Horton, Inc., America's Builder, Reports Fiscal 2026 Third Quarter Earnings and Declares Quarterly Dividend of $0.45 Per Share (opens in a new tab) — Yahoo
- D.R. Horton, Inc. 2026 Q3 - Results - Earnings Call Presentation (opens in a new tab) — SeekingAlpha
- Earnings per share: $3.20 vs $3.07 expected — above expectations. Revenue: $9.23B vs $9.27B expected. — Finnhub
Pre-market second reading after the results
Heading into the open, the figures don't clearly confirm the prior scenario.
How the stock reacted
- Consolidated
- -0.9%
- Max move
- +3.8%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.