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Mortgage payments have surged 97% since 2020, outpacing income as housing affordability pressures homebuilders ahead of midterm elections.

DHI's fiscal fourth-quarter results are likely to reflect affordability challenges, elevated sales incentives and pricing pressure, while lower construction costs may cushion margins.
Lower Treasury yields and AI stock weakness are putting home builders on track for their best day since the summer.
Homebuilders rally as the 10-year Treasury yield falls below 5%. Lennar, KB Home and Zillow lead while REITs lag ahead of next week's Fed meeting.

https://home.treasury.gov/news/press-releases/sb0665/
D.R. Horton (DHI) cut its fiscal 2026 revenue outlook to US$32.5b to US$33b after third quarter sales missed internal goals, as higher mortgage costs, softer earnings per share, and a 20% cancellation rate pressured demand. Against this softer guidance backdrop, D.R. Horton’s share price has moved sideways overall, with the stock down 4.63% on a year-to-date share price return and the 1-year total shareholder return declining 11.10%. However, the 3-year and 5-year total shareholder returns of...

D.R. Horton (DHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mortgage rates in the 1970s regularly topped 15% and buyers still lined up. Today a rate near 7.4% has nearly frozen the market solid, and the explanation involves two forces most buyers never see coming.
Pending home sales just cratered to a record low, yet homebuilder stocks surged the same day the data dropped. What traders are betting on reveals a split between what the housing market is showing and where some believe it is headed.
The Federal Reserve is struggling to contain inflation while a trillion-dollar technology spending wave floods the economy with demand. The catch is that the companies igniting this fire may be the last ones burned by whatever it takes to put it out.
The US housing market is showing signs of mounting stress as homebuilder sentiment reportedly falls to a 14-year low in October and housing starts decline 5.2% in September, defying expectations for an increase. Falling building permits, labor shortages, rising cancellations, and strained mortgage affordability are adding to concerns about the housing sector's outlook. The 8:30 hosts Julie Hyman, Pras Subramanian, and Jake Conley break down the troubling housing data, what's driving the slowdown, and whether conditions could deteriorate further for homebuyers, builders, and the broader economy.
REITs face renewed long-term rate shock this earnings season. Read the full analysis here.
Inflation is back. Consumer prices are rising 3.7% a year, a gallon of gas costs $4.33 against $3.06 a year ago, and oil is above $100 a barrel. Yet the S&P 500 is up 12.3% this year. So who is actually paying for it.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Over the past year, Cavco Industries (CVCO) stock lost 1.5%, including dividends, while the S&P 500 returned 16.2%. The company consistently repurchased its own stock during that period. Over the three years to June 2026, Cavco reduced its diluted share count by 11.1%, giving each remaining share a larger claim on the business. Yet its profit fell over those same three years. So does a shrinking share count still pay a shareholder when the profit behind it is shrinking too.
D.R. Horton (DHI) closed at $135.31 in the latest trading session, marking a -2.93% move from the prior day.

Rising mortgage rates are splitting homebuilders: Toll Bros' cash-rich luxury buyers keep demand strong, while D.R. Horton sees rising cancellations as first-time buyers get priced out.
Builder confidence fell to 29, lowest since 2012, while the XHB/SPY ratio sits near its weakest level since April 2020 as rates top 7%.

US federal debt near US$40b, rising Treasury yields and mortgages around 7.4% are reshaping how investors think about housing related stocks. This mix of higher funding costs, record debt service and political risk can punish the wrong exposure while rewarding firms built to live with expensive money. This article breaks down three U.S. Housing and Mortgage-Sensitive Equities screener stocks that appear better placed in this new rate reality. The stocks in this article are just a small...
Citigroup analyst Anthony Pettinari maintains D.R. Horton (NYSE:DHI) with a Neutral and lowers the price target from $160 to $150.
RBC Capital analyst Mike Dahl maintains D.R. Horton (NYSE:DHI) with a Underperform and lowers the price target from $125 to $119.
Combined Companies Have an Estimated Pipeline Exceeding 4 Million Units, with an Expected Average Selling Price of Approximately $50 per Product Deako is a Leading Technology Supplier to Over 50 U.S. Home Builders Including D.R. Horton and Toll Brothers, Among Others MIAMI, Oct. 14, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award-winning, highly disruptive advanced safe-smart home and AI platform technology company with o
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 7.2% over the past six months. This drawdown is a noticeable divergence from the S&P 500’s 12% return.
D.R. Horton (DHI) faces weakening prospects in fiscal 2027 as home-selling conditions soften, margin
Today, Promise Robotics, the company bringing physical AI to homebuilding, announced a multi-year commercial agreement with D.R. Horton, America's largest homebuilder by volume. Through the agreement, D.R. Horton will access Promise Robotics' Factory-as-a-Service® (FaaS) capabilities to support the production of 1,250+ homes, becoming the first major U.S. homebuilder to utilize the company's production platform as Promise expands its U.S. manufacturing network.
D.R. Horton (DHI) concluded the recent trading session at $133.23, signifying a -1.31% move from its prior day's close.

LEN's shares face pressure from high mortgage rates, weaker affordability, falling home prices and sharp margin compression.
The latest trading day saw D.R. Horton (DHI) settling at $139.42, representing a -1.48% change from its previous close.

D.R. Horton, CAVA, and FTAI Aviation announced major buyback programs after share price declines, with D.R. Horton raising 2026 repurchase guidance 30% amid housing headwinds.
Lennar (LEN) stock sits near $76, its 52-week low, after losing about 39% over the past year while the S&P 500 gained 17% with dividends reinvested. That is below its book value of roughly $91 a share at the end of fiscal Q3 2026, and the CEO says the stock is on sale. The easy read is a bargain. The catch is land that Lennar agreed to buy in very different market conditions, and part of that bill still has no number on it.
Lennar, the nation’s third-largest home builder, had a earnings miss last week. But it wasn’t inflation driving up construction materials or tariffs or wages or any of the other usual suspects that stood out. It was land holdings.
Planned for approximately 296 homesites, Summervale will bring nature-inspired amenities, two decorated model homes and a new vision for living in West FrederickFREDERICK, MD / ACCESS Newswire / September 18, 2026 / D. Horton's Maryland division will celebrate the grand opening of Summervale, a premier master-planned community in Frederick, with a ribbon-cutting ceremony on Tuesday, September 29, 2026, from 12:00 p.
The latest analyst update on D.R. Horton includes a revised fair value estimate that shifts from US$165.29 to US$161.25, providing a fresh reference point for current price targets. This adjustment sits alongside a mix of bullish and cautious commentary, with some analysts highlighting solid execution and others focusing on affordability and demand risks that may limit how far targets move. As you read on, you will see how these different views shape the evolving narrative around D.R. Horton...
In the most recent trading session, D.R. Horton (DHI) closed at $138.32, indicating a -1.34% shift from the previous trading day.

Truist Securities analyst Rohit Seth maintains D.R. Horton (NYSE:DHI) with a Hold and lowers the price target from $150 to $140.
Navitas Capital Led the Round, Joined by Strategic Investors from Across the Homebuilding Supply ChainAUSTIN, Texas, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Scaffold, a software company that uses AI to coordinate the work of trade contractors in the $500 billion homebuilding industry, announced a $15 million seed round led by Navitas Capital. The platform has been deployed on more than 200,000 homes across 30 states. Investors include homebuilders D.R. Horton and Pulte Homes, Builders FirstSource, Wi
Planned for approximately 2,000 homesites, Altama will bring resort-style amenities, shoppable Wayfair model homes and a new vision for living along Brunswick's growing Exit 42 corridorBRUNSWICK, GA / ACCESS Newswire / September 15, 2026 / D. Horton's Hilton Head-Savannah division will celebrate the grand opening of Altama, a premier master-planned community in Brunswick, with a public event and ribbon-cutting ceremony on Thursday, October 29, 2026, from 11:00 a.
Bank of America and Schwab could benefit from a Fed hike, while Nvidia and D.R. Horton face a tougher setup as odds climb above 80%.

Wells Fargo analyst Sam Reid maintains D.R. Horton (NYSE:DHI) with a Equal-Weight and lowers the price target from $155 to $145.
PulteGroup (PHM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors. However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.



Rising mortgage rates pressure homebuilder stocks in 2026, yet analysts see upside for D.R. Horton, PulteGroup and Lennar despite mixed institutional buying and rating trends.