D.R. Horton, Inc. (NYSE:DHI) Given Average Recommendation of “Hold” by Brokerages

Shares of D.R. Horton, Inc. (NYSE:DHI) have received a consensus recommendation of “Hold” from the sixteen brokerages that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $156.5385.

A number of equities analysts recently issued reports on DHI shares. Wedbush raised their target price on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Bank of America reduced their price objective on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday. Royal Bank Of Canada raised their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods raised their price target on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research report on Thursday, July 24th. Finally, Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the stock an “in-line” rating in a research report on Tuesday.

D.R. Horton Stock Performance

Shares of DHI opened at $151.30 on Friday. D.R. Horton has a 12 month low of $110.44 and a 12 month high of $195.50. The stock has a fifty day moving average price of $167.13 and a 200-day moving average price of $140.95. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. The firm has a market cap of $45.11 billion, a PE ratio of 12.13, a P/E/G ratio of 3.15 and a beta of 1.40.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The company had revenue of $9.23 billion during the quarter, compared to analysts’ expectations of $8.80 billion. During the same period last year, the business posted $4.10 earnings per share. The firm’s revenue was down 7.4% compared to the same quarter last year. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts predict that D.R. Horton will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. D.R. Horton’s payout ratio is presently 12.83%.

Insider Activity at D.R. Horton

In other news, SVP Aron M. Odom sold 1,376 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the sale, the senior vice president directly owned 6,457 shares in the company, valued at $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman David V. Auld sold 30,000 shares of the business’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the sale, the chairman directly owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. The trade was a 3.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,376 shares of company stock worth $5,898,848 in the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On D.R. Horton

Large investors have recently made changes to their positions in the stock. NBC Securities Inc. purchased a new stake in shares of D.R. Horton in the 1st quarter valued at approximately $114,000. Merit Financial Group LLC grew its position in D.R. Horton by 99.2% in the first quarter. Merit Financial Group LLC now owns 6,398 shares of the construction company’s stock worth $813,000 after acquiring an additional 3,186 shares during the period. Chemistry Wealth Management LLC purchased a new position in D.R. Horton in the first quarter worth approximately $214,000. Lake Hills Wealth Management LLC purchased a new position in D.R. Horton in the first quarter worth approximately $420,000. Finally, UMB Bank n.a. grew its position in D.R. Horton by 5.4% in the first quarter. UMB Bank n.a. now owns 5,769 shares of the construction company’s stock worth $733,000 after acquiring an additional 296 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

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.