Melius Research Weighs in on D.R. Horton Q1 Earnings

D.R. Horton, Inc. (NYSE:DHI) – Equities researchers at Melius Research issued their Q1 2027 earnings per share estimates for shares of D.R. Horton in a research note issued on Tuesday, November 3rd. Melius Research analyst M. Rehaut forecasts that the construction company will post earnings of $1.24 per share for the quarter. Melius Research has a “Sell” rating and a $128.00 price objective on the stock. The consensus estimate for D.R. Horton’s current full-year earnings is $10.48 per share. Melius Research also issued estimates for D.R. Horton’s Q2 2027 earnings at $1.91 EPS, Q3 2027 earnings at $2.14 EPS, Q4 2027 earnings at $2.31 EPS, FY2027 earnings at $7.57 EPS, FY2028 earnings at $9.12 EPS and FY2029 earnings at $12.31 EPS.

DHI has been the subject of several other reports. Keefe, Bruyette & Woods reduced their price target on D.R. Horton from $160.00 to $152.00 in a report on Thursday, October 22nd. Truist Financial decreased their target price on shares of D.R. Horton from $150.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, September 16th. Bank of America dropped their price target on shares of D.R. Horton from $150.00 to $145.00 in a research note on Wednesday, October 7th. Raymond James Financial downgraded shares of D.R. Horton from a “market perform” rating to an “underperform” rating in a report on Tuesday, November 3rd. Finally, Wells Fargo & Company decreased their price objective on shares of D.R. Horton from $145.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, October 16th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $151.33.

D.R. Horton Trading Down 1.6%

Shares of NYSE:DHI opened at $147.23 on Thursday. The firm has a fifty day moving average of $141.58 and a two-hundred day moving average of $147.51. The company has a quick ratio of 0.95, a current ratio of 6.01 and a debt-to-equity ratio of 0.26. D.R. Horton has a 12-month low of $130.40 and a 12-month high of $170.79. The firm has a market capitalization of $41.18 billion, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 1.75 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last issued its earnings results on Thursday, October 29th. The construction company reported $2.67 earnings per share for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.34). The business had revenue of $9.37 billion during the quarter, compared to analyst estimates of $9.07 billion. D.R. Horton had a net margin of 8.74% and a return on equity of 11.93%. D.R. Horton’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.04 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DHI. Silvant Capital Management LLC bought a new position in D.R. Horton in the 2nd quarter worth approximately $4,828,000. Johnson Financial Group Inc. bought a new stake in shares of D.R. Horton in the second quarter valued at approximately $6,126,000. Wealthfront Advisers LLC acquired a new position in D.R. Horton during the 2nd quarter valued at $14,622,000. Alpine Woods Capital Investors LLC acquired a new position in D.R. Horton during the 2nd quarter valued at $2,219,000. Finally, BlackRock Inc. bought a new stake in D.R. Horton in the 2nd quarter valued at $4,067,842,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. This is an increase from D.R. Horton’s previous quarterly dividend of $0.45. D.R. Horton’s payout ratio is currently 19.72%.

Key D.R. Horton News

These are some of the DHI news items that stood out recently:

• Negative Sentiment: Melius Research reiterated a Sell rating and set a $128 price target, below the $147.23 price cited in the report. Its forecasts project FY2027 EPS of $7.57 and FY2028 EPS of $9.12, followed by a recovery to $12.31 in FY2029. The firm also estimated quarterly FY2027 EPS of $1.24, $1.91, $2.14 and $2.31. The below-market target and lower near-term earnings outlook may weigh on sentiment. D.R. Horton analyst information
• Negative Sentiment: Zacks Research downgraded D.R. Horton from “Hold” to “Strong Sell,” adding to concerns about the shares. Zacks Research ratings
• Negative Sentiment: A separate analyst overview notes D.R. Horton has underperformed the broader market over the past year and that analysts remain cautious about its prospects. Do Wall Street Analysts Like D.R. Horton Stock?

D.R. Horton Company Profile

D.R. Horton, Inc. is a U.S. homebuilder founded in 1978 by Donald R. Horton. Headquartered in Arlington, Texas, the company builds and sells homes in markets across the United States. Its homebuilding business offers single-family homes and townhomes for buyers with a range of needs and budgets. D.R. Horton markets homes under brands including D.R. Horton, Express, Emerald and Freedom, which serves active-adult buyers. The company also provides mortgage financing and title services to homebuyers through its financial-services operations, and has a home-rental business.