D.R. Horton, Inc. (NYSE:DHI) Given Consensus Rating of "Hold" by Brokerages

D.R. Horton, Inc. (NYSE:DHI - Get Free Report) has been given an average recommendation of "Hold" by the fifteen ratings firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $151.15.

DHI has been the topic of a number of analyst reports. Seaport Res Ptn raised D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. JMP Securities dropped their target price on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research report on Monday, April 21st. Keefe, Bruyette & Woods lowered their price objective on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. lowered their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Finally, Bank of America lowered their price target on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025

D.R. Horton Price Performance

D.R. Horton stock traded down $0.81 during mid-day trading on Monday, hitting $122.72. The company's stock had a trading volume of 2,283,441 shares, compared to its average volume of 3,032,121. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $37.70 billion, a P/E ratio of 8.67, a P/E/G ratio of 0.54 and a beta of 1.45. D.R. Horton has a twelve month low of $110.44 and a twelve month high of $199.85. The stock's fifty day moving average price is $122.23 and its two-hundred day moving average price is $134.71.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). The business had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same quarter last year, the firm posted $3.52 EPS. Research analysts forecast that D.R. Horton will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.30%. D.R. Horton's payout ratio is 12.11%.

Institutional Trading of D.R. Horton

Several large investors have recently added to or reduced their stakes in DHI. Olde Wealth Management LLC bought a new stake in D.R. Horton in the first quarter worth approximately $26,000. Nemes Rush Group LLC boosted its holdings in D.R. Horton by 74.5% in the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in D.R. Horton in the fourth quarter worth $30,000. Bayforest Capital Ltd boosted its stake in shares of D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock worth $32,000 after acquiring an additional 194 shares in the last quarter. Finally, Accredited Wealth Management LLC bought a new stake in shares of D.R. Horton during the 1st quarter worth about $34,000. 90.63% of the stock is owned by institutional investors.

About D.R. Horton

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.