Q2 EPS Estimates for D.R. Horton Decreased by Zacks Research

D.R. Horton, Inc. (NYSE:DHI - Free Report) - Stock analysts at Zacks Research reduced their Q2 2027 earnings estimates for D.R. Horton in a research note issued on Monday, May 5th. Zacks Research analyst S. Mukherjee now expects that the construction company will post earnings per share of $3.40 for the quarter, down from their previous estimate of $3.68. The consensus estimate for D.R. Horton's current full-year earnings is $13.04 per share.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its 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 firm had revenue of $7.73 billion during the quarter, compared to the consensus estimate 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 in the prior year, the business posted $3.52 EPS.

DHI has been the topic of several other research reports. Wedbush reiterated a "neutral" rating and issued a $180.00 price target on shares of D.R. Horton in a report on Friday, January 17th. The Goldman Sachs Group cut their price target on shares of D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Seaport Res Ptn upgraded shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Bank of America dropped their target price on shares of 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 Finally, StockNews.com cut shares of D.R. Horton from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Three analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $151.15.

D.R. Horton Trading Up 2.8%

NYSE:DHI traded up $3.48 during trading hours on Wednesday, hitting $125.51. The company had a trading volume of 2,064,834 shares, compared to its average volume of 2,961,914. The company has a market capitalization of $38.55 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. The stock has a 50-day moving average price of $125.33 and a 200 day moving average price of $140.21. D.R. Horton has a 52 week low of $110.44 and a 52 week high of $199.85. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09.

D.R. Horton Dividend Announcement

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. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton's payout ratio is 12.11%.

Hedge Funds Weigh In On D.R. Horton

A number of hedge funds have recently bought and sold shares of DHI. Norges Bank purchased a new position in D.R. Horton in the 4th quarter worth about $593,363,000. Allspring Global Investments Holdings LLC raised its position in D.R. Horton by 652.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company's stock worth $252,477,000 after buying an additional 1,718,094 shares during the last quarter. Pacer Advisors Inc. raised its position in D.R. Horton by 4,630.6% in the 1st quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company's stock worth $214,984,000 after buying an additional 1,655,309 shares during the last quarter. Franklin Resources Inc. raised its position in D.R. Horton by 71.5% in the 4th quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock worth $499,774,000 after buying an additional 1,490,648 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in D.R. Horton by 19,102.6% in the 1st quarter. GAMMA Investing LLC now owns 916,734 shares of the construction company's stock worth $116,544,000 after buying an additional 911,960 shares during 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.