Technical analysis indicates a home builder ETF could climb nearly 30% by the end of the year.
D.R. Horton (DHI) reached $152.48 at the closing of the latest trading day, reflecting a -2.46% change compared to its last close.
Investors are watching the 10-year Treasury yield as a better indicator of the where the housing market is headed.
Construction spending rose for a second month as housing demand lifts residential projects, putting DHI and LGIH in focus.
Interest rates aren't likely to change anytime soon. But investors are already trying to get positioned for fall 2026—and as of this writing, betting on a rate cut is contrarian to say the least.
In the latest trading session, D.R. Horton (DHI) closed at $147.81, marking a +1.52% move from the previous day.
D.R. Horton (DHI) reported earnings 30 days ago. What's next for the stock?
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.