D.R. Horton (DHI) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.67
- Estimate
- $3.00
- Surprise
- -11.1%
- Score at report (before → after)
- 4.9 → 4.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
D.R. Horton (DHI) missed the $3.00 estimate with adjusted EPS of $2.67 — a large 11.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (4.9/10) to Sell at 4.8/10 after the report.
Coverage in the report window
- Evercore ISI Group Maintains In-Line on D.R. Horton, Lowers Price Target to $152 — benzinga, 2026-10-30
- D.R. Horton Warns of Continued Mortgage Pressure in Housing Demand — benzinga, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates DHI Sell at 4.7/10.
3 of the last 4 quarters beat the estimate; this quarter's -11.1% surprise compares with a +1.9% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Product: homebuilding (92.0%)
- Concentration risk — Customer: Fannie Mae, Freddie Mac, Ginnie Mae (71.0%)
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $146.53
- Stop
- $137.21
At 14.0× trailing and 13.1× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
DHI at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Residential Construction
- Market cap
- $40.98B
- P/E (fwd)
- 13.1
- P/E (ttm)
- 14.0
- 52-week range
- $130.40–$170.79
- Off 52-week high
- 14.2%
- RSI (14)
- 65
- Volume vs avg
- 1.61×
- Score today
- 4.7/10