Zacks Research Boosts Earnings Estimates for D.R. Horton

D.R. Horton, Inc. (NYSE:DHI) – Equities researchers at Zacks Research raised their Q4 2026 EPS estimates for shares of D.R. Horton in a research note issued to investors on Wednesday, April 2nd. Zacks Research analyst S. Mukherjee now forecasts that the construction company will earn $4.43 per share for the quarter, up from their prior forecast of $4.42. The consensus estimate for D.R. Horton’s current full-year earnings is $13.04 per share.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. The business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.82 EPS.

Other equities analysts also recently issued reports about the company. Seaport Res Ptn upgraded D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. JMP Securities reaffirmed a “market outperform” rating and issued a $210.00 price objective on shares of D.R. Horton in a report on Wednesday, January 22nd. JPMorgan Chase & Co. cut shares of D.R. Horton from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $188.00 to $156.00 in a research note on Friday, December 13th. The Goldman Sachs Group reduced their price target on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company dropped their price objective on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 17th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $170.93.

D.R. Horton Trading Up 4.4 %

D.R. Horton stock opened at $127.67 on Monday. D.R. Horton has a 52-week low of $118.00 and a 52-week high of $199.85. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $40.23 billion, a price-to-earnings ratio of 9.02, a PEG ratio of 0.54 and a beta of 1.61. The firm has a 50-day moving average price of $131.02 and a two-hundred day moving average price of $152.44.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. lifted its stake in shares of D.R. Horton by 7.3% in the third quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after buying an additional 120,892 shares during the last quarter. Stifel Financial Corp lifted its position in D.R. Horton by 6.5% during the 3rd quarter. Stifel Financial Corp now owns 111,397 shares of the construction company’s stock worth $21,253,000 after acquiring an additional 6,804 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new stake in D.R. Horton during the third quarter valued at about $4,113,000. Kovitz Investment Group Partners LLC grew its position in shares of D.R. Horton by 98.3% in the third quarter. Kovitz Investment Group Partners LLC now owns 8,266 shares of the construction company’s stock valued at $1,577,000 after purchasing an additional 4,098 shares during the last quarter. Finally, Insigneo Advisory Services LLC increased its stake in shares of D.R. Horton by 1.9% in the third quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company’s stock worth $695,000 after purchasing an additional 67 shares during the period. 90.63% of the stock is owned by institutional investors.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio is 11.31%.

About D.R. Horton

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.