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DR Horton Shares Fall 5% After Reported Raymond James Downgrade

DR Horton shares fell more than 5% in US trading today, a delayed quote of $145.26 at 8:29pm in London, in a session that began with a reported Raymond James downgrade of the homebuilder to Underperform.

DR Horton (NYSE: DHI), the US homebuilder, was down 5.01% at $145.26 in US trading today, at 8:29pm in London. The shares have traded between $145.08 and $150.74 so far, so they sit close to the bottom of the day’s range.

The fall leaves the stock 12.9% below its 52-week high and 10.3% above its 52-week low. Even after today’s drop, the shares are still up 1.7% so far this year.

Line chart of DR Horton's daily share price over the month to 3 November 2026, with the day's fall marked
DR Horton’s daily share price over the past month, with today’s session so far marked.

How unusual this is

Today’s decline is the fifth-largest daily fall in DR Horton shares across the last 126 sessions.

Chart of DR Horton's daily percentage changes over six months with today's fall highlighted
Today’s move so far against six months of daily changes in DR Horton shares.
DHI.US

What was behind it

Raymond James downgraded DR Horton to Underperform from Market Perform before the US open today, Investing.com reported. The report said the downgrade followed the homebuilder’s fourth-quarter earnings miss, and its headline pointed to valuation concerns.

Asktraders News Team
Asktraders News Team
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The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.

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