Construction spending rebounded in March, boosting prospects for homebuilders DHI and LGIH as demand for single-family homes stays strong.
On May 12, the April reading of the Consumer Price Index (CPI) will be released. Polymarket predicts the number is most likely to come in at 3.7% or 3.8%.
Market volatility has a way of scattering investors—but it doesn't destroy money. It moves it.
D.R. Horton's FQ2'26 results demonstrate resilient sales and margins, with affordable pricing/buydown financing and strong first-time buyer demand offsetting high mortgage headwinds. These reasons are also why their integrated land development, construction, and mortgage financing capabilities enable numerous growth levers, sustaining sales and profitability. Given the overly done rally, DHI now trades at a premium to historical averages while pulling forward part of their upside potential to my LTPT of $232.
D.R. Horton, Inc. (NYSE:DHI) reported mixed fiscal second-quarter 2026 results on Tuesday.
D.R. Horton, Inc. (DHI) Q2 2026 Earnings Call Transcript
Filing date: April 21, 2026. See the full details in D.R. Horton Inc (DHI)'s 8-K filing.Diluted EPS was $2.24. The estimated EPS was $2.17.Revenue was $7,558.1
DHI beats Q2 EPS estimates as net sales orders jumped 11%, tightening finished inventory despite elevated incentives. The stock gains 2.4%.
DR Horton Inc (NYSE:DHI) reported quarterly earnings that beat Wall Street expectations on both revenue and profit on Tuesday, even as net income declined year over year and homebuilding revenue softened. The US homebuilder posted revenue of $7.56 billion for its fiscal second quarter ended March 31, compared with analyst expectations of $7.55 billion.
While the top- and bottom-line numbers for D.R. Horton (DHI) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
DHI heads into Q2 with steadier traffic and higher closings, yet elevated mortgage rates and ownership costs still curb demand.
One problem with lowering the cost of capital is when you have to raise it. That's the overly simplistic issue pitting prospective homebuyers against a market with a chronic lack of supply.