Homebuilders Brace For Tough 2025, Analyst Downgrades D.R. Horton And Smith Douglas Amid Market Pressures
1. DHI downgraded from Buy to Neutral due to tough homebuilder outlook. 2. Analyst cuts DHI price forecast from $160 to $150 amidst rising lot costs. 3. Homebuilder stocks lagged in 2024, driven by high mortgage rates. 4. Low single-digit ROE expected for DHI's rental segment impacting overall performance. 5. Housing markets vary regionally; Northeast projected to outperform other areas.