Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

D.R. Horton, Inc. (DHI)

Company Dividend Discount ModelIndustry: Residential ConstructionSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$272.94 - $724.03$417.35
Multi-Stage$184.54 - $201.75$192.99
Blended Fair Value$305.17
Current Price$169.47
Upside80.07%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS14.09%18.37%1.611.281.111.030.940.830.730.610.490.39
YoY Growth--25.20%15.83%7.80%9.40%13.01%14.59%18.58%25.94%26.03%29.59%
Dividend Yield--0.95%0.92%0.73%1.15%0.87%1.21%1.37%1.76%0.95%1.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,585.20
(-) Cash Dividends Paid (M)494.80
(=) Cash Retained (M)3,090.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)717.04448.15268.89
Cash Retained (M)3,090.403,090.403,090.40
(-) Cash Required (M)-717.04-448.15-268.89
(=) Excess Retained (M)2,373.362,642.252,821.51
(/) Shares Outstanding (M)308.13308.13308.13
(=) Excess Retained per Share7.708.589.16
LTM Dividend per Share1.611.611.61
(+) Excess Retained per Share7.708.589.16
(=) Adjusted Dividend9.3110.1810.76
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$272.94$417.35$724.03
Upside / Downside61.05%146.27%327.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,585.203,818.244,066.424,330.744,612.244,912.035,059.40
Payout Ratio13.80%29.04%44.28%59.52%74.76%90.00%92.50%
Projected Dividends (M)494.801,108.851,800.642,577.683,448.124,420.834,679.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,006.841,016.381,025.93
Year 2 PV (M)1,484.571,512.841,541.39
Year 3 PV (M)1,929.691,985.082,041.53
Year 4 PV (M)2,343.832,433.972,526.68
Year 5 PV (M)2,728.562,860.362,997.19
PV of Terminal Value (M)47,367.8149,655.6952,031.14
Equity Value (M)56,861.3059,464.3262,163.84
Shares Outstanding (M)308.13308.13308.13
Fair Value$184.54$192.99$201.75
Upside / Downside8.89%13.88%19.05%

High-Yield Dividend Screener

« Prev Page 9 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0293.HKCathay Pacific Airways Limited9.31%$1.1841.45%
ROMI3.SARomi S.A.9.31%$0.7473.26%
SKUE.OLSkue Sparebank9.31%$32.5919.52%
4589.TWOMotion Technology Electric & Machinery Co., Ltd.9.30%$3.2567.47%
SSTRT.BKSub Sri Thai Real Estate Investment Trust9.30%$0.4078.24%
CLPI.JKPT Colorpak Indonesia Tbk9.29%$139.3665.00%
GXH.NZGreen Cross Health Limited9.27%$0.1047.49%
MOL.BDMOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság9.27%$272.6077.71%
ORG.AXOrigin Energy Limited9.27%$1.0562.89%
0259.HKYeebo (International Holdings) Limited9.26%$0.3611.31%
WEHB.BRWereldhave Belgium9.26%$4.9846.05%
0KD1.LTubacex, S.A.9.24%$0.3299.60%
ACL.AXAustralian Clinical Labs Limited9.21%$0.2579.65%
BMRI.JKPT Bank Mandiri (Persero) Tbk9.19%$466.1884.49%
0116.HKChow Sang Sang Holdings International Limited9.18%$1.1239.62%
2284.SRModern Mills for Food Products Co.9.18%$2.6499.54%
CGRA3.SAGrazziotin S.A.9.18%$2.5751.61%
0OPJ.LABC arbitrage S.A.9.17%$0.5056.87%
000543.SZAn Hui Wenergy Company Limited9.16%$0.7369.19%
PANR.JKPT Panorama Sentrawisata Tbk9.16%$60.0023.97%
CQR.AXCharter Hall Retail REIT9.15%$0.3794.16%
ILINK.BKInterlink Communication Public Company Limited9.14%$0.4360.06%
ELD.AXElders Limited9.10%$0.6284.73%
GOP.WAGames Operators S.A.9.09%$1.0094.94%
000544.SZZhongyuan Environmental Protection Co., Ltd.9.08%$0.7669.45%
DIRR3.SADirecional Engenharia S.A.9.08%$1.2485.08%
BMKS3.SABicicletas Monark S.A.9.07%$33.5819.86%
WHA.ASWereldhave N.V.9.07%$1.7542.00%
ARBS.MIArterra Bioscience9.06%$0.2856.80%
WMI.AXWAM Microcap Limited9.06%$0.1552.69%
2386.HKSINOPEC Engineering (Group) Co., Ltd.9.05%$0.6961.95%
FGX.AXFuture Generation Australia Limited9.05%$0.1256.23%
0011.HKHang Seng Bank Limited9.04%$13.9281.46%
0552.HKChina Communications Services Corporation Limited9.04%$0.4239.96%
3092.SRRiyadh Cement Company9.03%$2.1653.08%
3320.HKChina Resources Pharmaceutical Group Limited9.01%$0.4135.95%
DF.TODividend 15 Split Corp. II9.01%$0.6814.59%
SIGN.SWSIG Group AG9.01%$1.0282.02%
ODPV3.SAOdontoprev S.A.9.00%$1.0195.59%
CDO.AXCadence Opportunities Fund Limited8.99%$0.1771.14%
MDARA.RGAS MADARA Cosmetics8.97%$0.9355.30%
SRIPANWA.BKSri panwa Hospitality Real Estate Investment Trust8.97%$0.4552.90%
ASK.AXAbacus Storage King8.96%$0.1441.63%
BBAJIOO.MXBanco del Bajío, S.A., Institución de Banca Múltiple8.95%$4.1050.16%
COFA.PACoface S.A.8.95%$1.4091.04%
0002.HKCLP Holdings Limited8.94%$6.2582.57%
2636.TWT3EX Global Holdings Corp.8.94%$6.0073.34%
IFSIntercorp Financial Services Inc.8.94%$3.7721.42%
BIZ.BKBusiness Alignment Public Company Limited8.93%$0.3664.25%
6963.HKSunshine Insurance Group Company Limited8.92%$0.3541.98%