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An announcement from DR Horton ( (DHI) ) is now available.
Effective March 27, 2026, D.R. Horton amended its primary credit agreement with Mizuho Bank and other lenders, increasing its aggregate revolving credit commitment to $3.295 billion across staggered maturities through 2031 and lifting its overall credit facility limit to $4.0 billion. The amendment also adjusted interest rate margins and refreshed extension options, bolstering the company’s financial flexibility and liquidity profile for future operations.
On the same date, DRH Rental, Inc. amended its $1.050 billion senior unsecured revolving credit facility, extending the termination date to March 27, 2030, while reducing undrawn fees, modifying interest margins and renewing extension features. The coordinated changes across D.R. Horton and its rental subsidiary strengthen funding certainty, optimize borrowing costs and support ongoing capital needs, which may enhance the group’s competitive positioning in housing and rental markets.
The most recent analyst rating on (DHI) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on DR Horton stock, see the DHI Stock Forecast page.
Spark’s Take on DHI Stock
According to Spark, TipRanks’ AI Analyst, DHI is a Outperform.
The score is driven primarily by strong financial durability (low leverage and strong free cash flow) and a reasonable valuation. It is tempered by a cooling TTM revenue/margin profile and earnings-call commentary pointing to continued incentive pressure and near-term margin risk, while technical signals remain broadly neutral.
To see Spark’s full report on DHI stock, click here.
More about DR Horton
D.R. Horton, Inc. is a U.S. homebuilding company that operates through its core home construction business and related subsidiaries. Its wholly owned unit DRH Rental, Inc. focuses on rental housing, supported by a senior unsecured revolving credit facility that underpins financing for its rental operations and broader real estate activities.
Average Trading Volume: 3,138,404
Technical Sentiment Signal: Sell
Current Market Cap: $38.39B
See more data about DHI stock on TipRanks’ Stock Analysis page.