Zacks Research Raises Earnings Estimates for D.R. Horton

Key Points

• Zacks Research has raised its FY2025 earnings per share estimate for D.R. Horton from $11.40 to $11.79, though the consensus estimate is higher at $13.04 per share.
• D.R. Horton reported a quarterly earnings per share of $3.36, surpassing estimates, along with revenue of $9.23 billion, which also exceeded expectations.
• The firm recently declared a quarterly dividend of $0.40, with an annualized yield of 1.0%, reflecting a dividend payout ratio of 12.83%.

D.R. Horton, Inc. (NYSE:DHI - Free Report) - Stock analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for D.R. Horton in a report released on Tuesday, August 5th. Zacks Research analyst S. Mukherjee now expects that the construction company will post earnings of $11.79 per share for the year, up from their prior forecast of $11.40. The consensus estimate for D.R. Horton's current full-year earnings is $13.04 per share. Zacks Research also issued estimates for D.R. Horton's Q1 2026 earnings at $2.43 EPS, Q2 2026 earnings at $2.83 EPS, Q3 2026 earnings at $3.56 EPS, FY2026 earnings at $12.26 EPS and Q3 2027 earnings at $3.66 EPS.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its 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 for the quarter, compared to analysts' expectations of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%. The firm's revenue for the quarter was down 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $4.10 earnings per share.

DHI has been the topic of a number of other reports. Wedbush boosted their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. UBS Group increased their price target on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. BTIG Research dropped their target price on shares of D.R. Horton from $171.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. Wells Fargo & Company lifted their price objective on shares of D.R. Horton from $160.00 to $175.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a research note on Monday, April 21st. Two analysts have rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $153.23.

D.R. Horton Price Performance

D.R. Horton stock opened at $155.27 on Friday. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $46.29 billion, a P/E ratio of 12.41, a PEG ratio of 3.27 and a beta of 1.34. The firm has a fifty day moving average of $132.61 and a 200-day moving average of $129.60. D.R. Horton has a 52-week low of $110.44 and a 52-week high of $199.85.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, August 7th. D.R. Horton's dividend payout ratio (DPR) is currently 12.83%.

Insider Activity

In related news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total transaction of $274,555.00. Following the completion of the transaction, the director owned 2,193 shares of the company's stock, valued at approximately $280,046.10. The trade was a 49.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company's stock.

Hedge Funds Weigh In On D.R. Horton

Institutional investors and hedge funds have recently bought and sold shares of the stock. Olde Wealth Management LLC acquired a new stake in D.R. Horton during the first quarter worth $26,000. Bayforest Capital Ltd lifted its holdings in D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock valued at $32,000 after purchasing an additional 194 shares during the last quarter. Accredited Wealth Management LLC bought a new position in D.R. Horton during the 1st quarter valued at about $34,000. Itau Unibanco Holding S.A. acquired a new position in shares of D.R. Horton in the 4th quarter worth approximately $43,000. Finally, Hantz Financial Services Inc. increased its stake in shares of D.R. Horton by 1,678.9% in the second quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company's stock valued at $44,000 after buying an additional 319 shares in the last quarter. 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.

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