D.R. Horton (NYSE:DHI) Announces Earnings Results

D.R. Horton (NYSE:DHI) posted its quarterly earnings data on Tuesday. The construction company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24, Zacks reports. D.R. Horton had a return on equity of 18.55% and a net margin of 12.69%. The business had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7,120,170 billion. During the same period in the previous year, the company posted $2.82 earnings per share. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. D.R. Horton updated its FY 2025 guidance to EPS.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $147.01 on Thursday. The stock has a market capitalization of $47.17 billion, a price-to-earnings ratio of 10.39, a PEG ratio of 0.54 and a beta of 1.75. D.R. Horton has a fifty-two week low of $133.02 and a fifty-two week high of $199.85. The business has a 50-day moving average of $151.09 and a 200-day moving average of $169.16. The company has a debt-to-equity ratio of 0.23, a current ratio of 7.32 and a quick ratio of 1.61.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be issued a $0.40 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.09%. D.R. Horton’s dividend payout ratio (DPR) is 11.31%.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of research reports. Barclays dropped their target price on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday. StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Raymond James cut D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Citigroup cut their target price on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, UBS Group decreased their target price on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $174.53.

Insiders Place Their Bets

In related news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

D.R. Horton Company Profile

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.