D.R. Horton (DHI) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of D.R. Horton (NYSE: DHI) recently:

• 12/17/2024 – D.R. Horton had its price target lowered by analysts at Wells Fargo & Company from $190.00 to $175.00. They now have an “overweight” rating on the stock.
• 12/13/2024 – D.R. Horton was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $156.00 price target on the stock, down previously from $188.00.
• 12/11/2024 – D.R. Horton had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $170.00 price target on the stock, down previously from $192.00.
• 12/10/2024 – D.R. Horton was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $183.00 price target on the stock, down previously from $200.00.
• 11/7/2024 – D.R. Horton was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating.
• 11/4/2024 – D.R. Horton had its price target raised by analysts at JPMorgan Chase & Co. from $180.00 to $188.00. They now have a “neutral” rating on the stock.
• 10/31/2024 – D.R. Horton had its price target lowered by analysts at Barclays PLC from $200.00 to $192.00. They now have an “overweight” rating on the stock.
• 10/30/2024 – D.R. Horton had its price target lowered by analysts at Royal Bank of Canada from $154.00 to $145.00. They now have an “underperform” rating on the stock.
• 10/30/2024 – D.R. Horton had its price target lowered by analysts at Wells Fargo & Company from $220.00 to $190.00. They now have an “overweight” rating on the stock.
• 10/30/2024 – D.R. Horton had its price target lowered by analysts at Evercore ISI from $218.00 to $204.00. They now have an “outperform” rating on the stock.
• 10/30/2024 – D.R. Horton had its price target lowered by analysts at Citigroup Inc. from $186.00 to $185.00. They now have a “neutral” rating on the stock.
• 10/30/2024 – D.R. Horton had its price target lowered by analysts at BTIG Research from $190.00 to $186.00. They now have a “buy” rating on the stock.
• 10/30/2024 – D.R. Horton had its price target lowered by analysts at UBS Group AG from $217.00 to $214.00. They now have a “buy” rating on the stock.

D.R. Horton Stock Up 0.3 %

DHI stock opened at $141.47 on Friday. The company has a fifty day simple moving average of $162.91 and a 200 day simple moving average of $168.63. D.R. Horton, Inc. has a 1 year low of $133.02 and a 1 year high of $199.85. The company has a current ratio of 7.32, a quick ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a market cap of $45.39 billion, a PE ratio of 9.85, a PEG ratio of 0.57 and a beta of 1.71.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, October 29th. The construction company reported $3.92 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.25). The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.22 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the business earned $4.45 earnings per share. Sell-side analysts anticipate that D.R. Horton, Inc. will post 14.17 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were issued a $0.40 dividend. This is a boost from D.R. Horton’s previous quarterly dividend of $0.30. The ex-dividend date was Tuesday, November 12th. This represents a $1.60 annualized dividend and a yield of 1.13%. D.R. Horton’s dividend payout ratio (DPR) is currently 11.14%.

Insider Buying and Selling

In other news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

Hedge Funds Weigh In On D.R. Horton

Several institutional investors have recently modified their holdings of DHI. TCI Wealth Advisors Inc. raised its position in D.R. Horton by 4.1% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,487 shares of the construction company’s stock valued at $284,000 after buying an additional 58 shares during the last quarter. Coldstream Capital Management Inc. lifted its position in shares of D.R. Horton by 1.2% in the second quarter. Coldstream Capital Management Inc. now owns 5,245 shares of the construction company’s stock worth $739,000 after purchasing an additional 60 shares in the last quarter. Whittier Trust Co. boosted its holdings in D.R. Horton by 1.7% during the second quarter. Whittier Trust Co. now owns 3,693 shares of the construction company’s stock worth $520,000 after purchasing an additional 63 shares during the last quarter. Covestor Ltd grew its position in D.R. Horton by 6.6% in the third quarter. Covestor Ltd now owns 1,064 shares of the construction company’s stock valued at $203,000 after purchasing an additional 66 shares in the last quarter. Finally, Insigneo Advisory Services LLC increased its stake in D.R. Horton by 1.9% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company’s stock valued at $695,000 after buying an additional 67 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.