Analysts Set D.R. Horton, Inc. (NYSE:DHI) Price Target at $154.38

Key Points

• D.R. Horton, Inc. has received an average brokerage rating of "Hold" based on insights from fifteen ratings firms, with two sell, six hold, six buy, and one strong buy ratings.
• The company's stock price increased by 2.9%, closing at $181.25, with a market cap of $54.03 billion and a PE ratio of 14.53.
• D.R. Horton announced a quarterly dividend of $0.40 per share, yielding 0.9%, and has a dividend payout ratio of 12.83%.

Shares of D.R. Horton, Inc. (NYSE:DHI - Get Free Report) have received a consensus rating of "Hold" from the fifteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $154.3846.

Several analysts have issued reports on the company. Wells Fargo & Company upped their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an "overweight" rating in a research note on Tuesday, September 2nd. Royal Bank Of Canada lifted their price target on D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods lifted their price target on shares of D.R. Horton from $135.00 to $161.00 and gave the company a "market perform" rating in a report on Thursday, July 24th. UBS Group lifted their target price on D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Finally, Wedbush upped their target price on D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd.

D.R. Horton Stock Down 1.7%

DHI stock traded down $3.15 during mid-day trading on Wednesday, reaching $177.86. The company had a trading volume of 2,368,787 shares, compared to its average volume of 3,777,216. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. The stock has a 50 day simple moving average of $155.37 and a two-hundred day simple moving average of $135.38. The company has a market capitalization of $53.02 billion, a price-to-earnings ratio of 14.26, a PEG ratio of 3.73 and a beta of 1.36. D.R. Horton has a 52 week low of $110.44 and a 52 week high of $199.85.

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

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders 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 annualized dividend and a dividend yield of 0.9%. D.R. Horton's dividend payout ratio is currently 12.83%.

Insider Activity

In other news, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the transaction, the senior vice president directly owned 6,457 shares of the company's stock, valued at $1,181,631. This represents a 17.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael R. Buchanan sold 2,150 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the sale, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This represents a 49.50% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,526 shares of company stock valued at $6,173,403 over the last three months. Corporate insiders own 0.54% of the company's stock.

Hedge Funds Weigh In On D.R. Horton

A number of hedge funds have recently modified their holdings of DHI. Vanguard Group Inc. boosted its position in shares of D.R. Horton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company's stock worth $4,279,706,000 after purchasing an additional 642,642 shares in the last quarter. State Street Corp boosted its position in shares of D.R. Horton by 0.7% in the 2nd quarter. State Street Corp now owns 12,636,264 shares of the construction company's stock worth $1,629,067,000 after purchasing an additional 92,219 shares in the last quarter. Norges Bank bought a new stake in shares of D.R. Horton in the 2nd quarter worth approximately $494,278,000. Dimensional Fund Advisors LP boosted its position in shares of D.R. Horton by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company's stock worth $446,093,000 after purchasing an additional 33,412 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of D.R. Horton by 16.4% in the 2nd quarter. Franklin Resources Inc. now owns 3,200,176 shares of the construction company's stock worth $412,567,000 after purchasing an additional 450,362 shares in the last quarter. Hedge funds and other institutional investors own 90.63% 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.