D.R. Horton: Homebuilding Sector Only Looks Cheap, Significant Downside Ahead

Dec. 07, 2022 4:00 PM ETD.R. Horton, Inc. (DHI)HOV, HOVNP, HOVVB, KBH, LEN, LEN.B, PHM16 Comments


  • D.R. Horton is the largest homebuilder by market capitalization as well as by sales.
  • The company and the sector look cheap based on trailing earnings.
  • We tell you why a 40%-50% downside in DHI stock is more likely in the year ahead.
  • I do much more than just articles at Conservative Income Portfolio: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
D.R. Horton New Home Construction During Coronavirus


Homebuilders tend to look cheap for a good part of the cycle. It's easy to get impressed with low P/E ratios and think that you have discovered a 10-bagger in the early innings. Nothing could be further from the truth. For the most

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