D.R. Horton, Inc. (NYSE:DHI) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on D.R. Horton, with 10 holds and five buys among 15 analysts. The average 12-month price target is $166.92, compared with the stock’s reported price of $150.91.
• D.R. Horton exceeded quarterly expectations, reporting $3.20 in earnings per share versus the $3.02 consensus and revenue of $9.23 billion versus $9.10 billion expected.
• The company declared a quarterly dividend of $0.45 per share, equivalent to an annualized $1.80 payout and a 1.2% dividend yield; institutional investors own 90.63% of outstanding shares.

Shares of D.R. Horton, Inc. (NYSE:DHI - Get Free Report) have been assigned an average recommendation of "Hold" from the fifteen analysts that are currently covering the firm, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $166.9167.

A number of equities analysts have weighed in on DHI shares. Citigroup restated a "neutral" rating on shares of D.R. Horton in a report on Wednesday, July 22nd. BTIG Research set a $184.00 price objective on shares of D.R. Horton in a research note on Wednesday, July 22nd. Weiss Ratings raised shares of D.R. Horton from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, July 20th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of D.R. Horton in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada reaffirmed a "mixed" rating on shares of D.R. Horton in a research note on Wednesday, July 22nd.

D.R. Horton Trading Up 1.3%

NYSE:DHI opened at $150.91 on Wednesday. The business's 50-day moving average is $151.57 and its two-hundred day moving average is $149.67. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. D.R. Horton has a 12 month low of $131.75 and a 12 month high of $184.54. The firm has a market capitalization of $42.21 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 2.36 and a beta of 1.37.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.18. The company had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The company's revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.36 earnings per share. Research analysts predict that D.R. Horton will post 10.47 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, August 6th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton's dividend payout ratio (DPR) is currently 17.13%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC increased its holdings in D.R. Horton by 23.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,229 shares of the construction company's stock worth $538,000 after purchasing an additional 803 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of D.R. Horton by 295.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 609 shares of the construction company's stock valued at $77,000 after buying an additional 455 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of D.R. Horton during the second quarter worth approximately $302,000. Brown Advisory Inc. increased its stake in shares of D.R. Horton by 3.4% in the second quarter. Brown Advisory Inc. now owns 6,319 shares of the construction company's stock worth $815,000 after buying an additional 208 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in D.R. Horton by 8.9% in the second quarter. Cerity Partners LLC now owns 34,926 shares of the construction company's stock valued at $4,503,000 after acquiring an additional 2,859 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company's core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.

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