Keefe Bruyette lowered D.R. Horton’s price target to $163 on January 27 due to affordability pressures. In Q1 earnings call, DHI projected Q2 revenues of $7.3-$7.8B and homebuilding closings. The company plans $2.5B in share repurchases and $500M in dividends, remaining well-positioned for a housing demand recovery.

D.R. Horton, founded in 1978, is one of the largest US homebuilders. While DHI shows investment potential, some AI stocks offer greater upside with less risk. For those interested in an undervalued AI stock that benefits from tariffs and onshoring trends, check out the free report on the best short-term AI stock.

For more on streaming companies and high-growth Canadian stocks, visit Insider Monkey. Disclosure: None.

Read more at Yahoo Finance: Keefe Bruyette Maintains Market Perform on D.R. Horton, Inc. (DHI) While Trimming Price Target Amid Affordability and Incentive Pressures