Currently 2 bullish, 1 bearish — becoming more polarizing.
Analysts are holding steady at 2 bullish to 1 bearish.
2 YouTube analysts cover HORTON D R INC /DE/ (DHI).
2 analysts have covered DHI so far…
D.R. Horton, the largest US homebuilder, is breaking out from a $135-$165 range as real estate stocks outperform.
D.R. Horton has been range-bound between $135 and $165 for almost a year. Real estate stocks have recently outperformed on lower rate expectations. An early position could capture further upside if the trend continues.
D.R. Horton is expected to have a bright future as household formation and the shortage of available existing homes keep buyers pushed to new builds.
The thesis is that buyers who want a home must go to builders because existing homes are being pulled off the market. Low new-home supply relative to population growth creates a structural demand tailwind for well-positioned homebuilders like D.R. Horton.
D.R. Horton (DHI) is at elevated downside risk in a stagflationary environment with consumer confidence low and higher rates; technicals suggest a move toward ~115 is plausible.
D.R. Horton faces a dual headwind from low consumer confidence and elevated mortgage rates compressing affordability. Technicals support a move toward ~$115, consistent with the macro backdrop of stagflation eroding homebuilder sales momentum.
No official filings surfaced for DHI yet.
