These Analysts Revise Their Forecasts On D.R. Horton After Q1 Results - D.R. Horton (NYSE:DHI)

Core Viewpoint - D.R. Horton reported strong earnings for Q1 of fiscal 2026, exceeding analyst expectations despite a decline in revenue compared to the previous year [1][2]. Financial Performance - Net income for the quarter was $594.8 million, or $2.03 per diluted share, down from $844.9 million, or $2.61 per diluted share, in the same quarter last year [1]. - Revenue was $6.887 billion, a decrease from $7.613 billion a year earlier, but still surpassed the consensus estimate of $6.603 billion [2]. Shareholder Returns - The company returned $801.2 million to shareholders through share repurchases and dividends during the quarter, leveraging its strong financial position and cash flow generation [2]. Stock Performance - Following the earnings announcement, D.R. Horton shares increased by 3.1%, trading at $157.93 [2]. Analyst Ratings and Price Targets - Barclays analyst Matthew Bouley maintained an Equal-Weight rating and lowered the price target from $132 to $129 [4]. - B of A Securities analyst Rafe Jadrosich maintained a Neutral rating and cut the price target from $162 to $158 [4]. - Evercore ISI Group analyst Stephen Kim maintained an In-Line rating and raised the price target from $167 to $169 [4].