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D.R. Horton Newsroom
Notable Analyst Calls This Week: Nvidia, Spirit Airlines and PayPal Among Top Picks
Big Real Estate Stocks Kick off H2 With Loss as State of the Sector Weighs on Sentiment
Investors Shouldn't Overlook D.R. Horton's (NYSE:DHI) Impressive Returns On Capital
How an Interest Rate Cut Will Factor Into the Housing Market
What You Need to Know Ahead of D.R. Horton's Earnings Release
Americans can't really afford to buy houses! The affordability of housing has fallen to its lowest point since 2007.
For ordinary income earners in the USA, the affordability of owning a home is lower than at any time since 17 years ago.
The outlook for the US real estate market is not optimistic. Lennar Corp (LEN.US) and D.R. Horton (DHI.US) were downgraded by Citigroup.
According to the news from Zhītōng Finance app, stocks of several American real estate builders fell on Tuesday after Citigroup downgraded the ratings of Lennar Corp (LEN.US) and D.R. Horton (DHI.US), citing a possible sluggishness in the US real estate market for the rest of the year. Citigroup lowered the rating of Lennar Corp from “buy” to “neutral”, with a target price of 164 US dollars, down from the previous 174 US dollars, and also lowered the rating of D.R. Horton from “buy” to “neutral”, with a target price of 156 US dollars, down from the previous 181 US dollars. Citigroup also downgraded Forestar Group (FOR.US), PulteGroup (PHM.US), and Toll Brothers.
Homebuilders Cut on 'Sluggish' Housing Market, Florida Woes
This CrowdStrike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag
Lennar and D.R. Horton Stocks Get Downgrades. Rate Cuts Might Not Help Home Builders. -- Barrons.com
By Angela Palumbo Now isn't the time to buy home builder stocks, says a Citi analyst who downgraded shares of Lennar and D.R. Horton on Tuesday. Anthony Pettinari moved his ratings on shares of Lenn
Homebuilders Cut on 'Sluggish' Housing Market, Florida Concerns
Homebuilder-stock analysts are increasingly worried about signs of softening in key hot spots like Florida and Texas.
D.R. Horton Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/02/2024 15.64% Citigroup $181 → $156 Downgrades Buy → Neutral 05/17/2024 34.17% Citigroup $191 → $181 M
Citi Downgrades Home Builders LEN and DHI on Softening Housing Activity
Express News | DR Horton Shares Down 1.6% Premarket After Citigroup Downgrades to Neutral From Buy
Express News | DR Horton Inc : Citigroup Cuts to Neutral From Buy; Cuts Target Price to $156 From $181
Citi Downgrades D.R. Horton(DHI.US) to Hold Rating, Cuts Target Price to $156
Citi analyst Anthony Pettinari downgrades $D.R. Horton(DHI.US)$ to a hold rating, and adjusts the target price from $181 to $156.According to TipRanks data, the analyst has a success rate of 64.7% and
Citigroup Downgrades D.R. Horton to Neutral From Buy, Adjusts Price Target to $156 From $181
D.R. Horton (DHI) has an average rating of outperform and price targets ranging from $130 to $200, according to analysts polled by Capital IQ. Price: 137.01, Change: -0.01, Percent Change: -0.01
Inventory, Affordability Challenges May Weigh on New Home Sales, Wedbush Says
Rising levels of home inventory and ongoing affordability challenges may weigh on sales and margins for the new home industry through the rest of this year, Wedbush Securities said Monday. The brokera
Construction Spending Posts Bigger-than-expected Drop in May
By Aarthi Swaminathan Construction spending missed analyst estimates in May Construction spending dipped in May as U.S. companies and the government scaled back projects across the nation in the fac
US housing prices may fall back in 2025! Heavy signal: now entering a buyer's market, with nationwide inventory reversing and increasing by 4%.
National housing inventory in the United States increased by 4% in the first quarter of this year, and a well-known financial blogger said that now is the time to enter the buyer's market.