D.R. Horton (DHI) Beats Annual Revenue Forecast Estimates

D.R. Horton, Inc. (NYSE:DHI) is one of the 10 Best Housing Stocks to Buy in 2026.

On April 21, Reuters reported that D.R. Horton, Inc. (NYSE:DHI) reduced its revenue projection for 2026, but it is still above expectations. The firm guided consolidated revenue to $33.5 billion-$34.5 billion. It lowered the higher end from $35 billion while keeping the midpoint above analysts’ $33.8 billion expectation.

Reuters mentioned that shares gained roughly “4%” in premarket trading on the report. Executive Chairman David Auld said that affordability restrictions and a cautious mood continued to affect demand and that sales incentives would stay high until fiscal 2026.

The firm reported Q2 results with net income of $647.9 million, down by 20% year on year, and earnings per share of $2.24, decreasing by 13%. The sales fell from $7.73 billion to $7.56 billion. It missed analysts’ estimates of $7.6 billion.

Affordable housing options in growing areas draw new residents looking for better living conditions and cost-effective choices.

Reuters reported that builders used incentives such as mortgage rate reductions and smaller homes. This is to drive up demand and put pressure on margins.

D.R. Horton, Inc. (NYSE:DHI) works in the construction and sale of single-family homes. It works in the Northwest, Southwest, South Central, Southeast, East, and North.

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