Morgan Stanley starts coverage of D.R. Horton stock
Published on 10/06/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
D.R. Horton (ISIN US23331A1097) was trading at EUR 119.38 at Lang & Schwarz on October 6, 2026 at 12:18 p.m. CEST, with a plus 0.53 percent change versus the EUR 118.75 prior close. On October 1, 2026, Morgan Stanley initiated coverage with an Equalweight rating and set a USD 151.00 price target, as Investing.com reports.
USD 151.00 target meets softer demand
The target arrives as D.R. Horton balances scale against affordability pressure. Morgan Stanley cited local market density, an affordable product mix, controlled lot positions and the Forestar relationship as support for volumes, while rate-sensitive first-time buyers and sustained incentives could pressure margins, according to Investing.com on October 1, 2026.
The latest reported quarter provides a mixed operating backdrop. In the fiscal third quarter of 2026, revenue reached USD 9.23 billion versus USD 9.10 billion consensus, while diluted earnings per share came to USD 3.20 versus USD 3.02 expected, according to MarketBeat.
Buyback capacity reaches USD 5.0 billion
Capital returns add a second investor-relevant data point. On September 15, 2026, D.R. Horton's board authorized an additional USD 5.0 billion share repurchase program, while fiscal 2026 repurchases are expected to reach at least USD 3.25 billion, according to StockTitan.
The finance data snapshot put D.R. Horton's market capitalization at USD 37.3 billion on October 5, 2026. The same snapshot showed a primary-exchange 52-week range of USD 131.75 to USD 176.05, keeping the latest USD 133.23 primary-market quote near the lower end of that band.
October 29 results date
D.R. Horton is scheduled to release fiscal fourth-quarter and full-year 2026 results before the market opens on October 29, 2026, covering the fiscal year ended September 30, 2026, according to Business Wire. The release date makes the upcoming report the next quantified test for volumes, pricing and margins.
The further course of trading is shown by the continuously updated real-time quote of D.R. Horton stock.
D.R. Horton stock facts
- Company: D.R. Horton, Inc.
- ISIN: US23331A1097
- Ticker: DHI
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 12:18 p.m. CEST): EUR 119.38
- Change versus prior close: plus 0.53 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 118.75
- Market capitalization: USD 37.3 billion (as of October 5, 2026)
- 52-week range: USD 131.75-176.05 (as of October 5, 2026)
- Sector / Industry: Consumer Cyclical / Residential Construction
- Next earnings date: October 29, 2026
