About D.R. Horton
D.R. Horton, Inc. is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company's segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums. The Company's 39 homebuilding divisions are aggregated into six segments: East Region, South Central Region, Midwest Region, West Region, Southwest Region and Southeast Region. In the financial services segment, the Company sells mortgages and collects fees for title insurance agency and closing services. The Company has subsidiaries that conduct insurance-related operations; construct and own income-producing rental properties; own non-residential real estate, including ranch land and improvements, and own and operate oil and gas-related assets.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Residential Construction
- Sub-Industry: Homebuilding
- Exchange: NYSE
- Symbol: DHI
- CUSIP: 23331A10
- Previous Close: $32.00
- 50 Day Moving Average: $30.02
- 200 Day Moving Average: $29.57
- 52-Week Range: $26.69 - $34.56
- Trailing P/E Ratio: 13.19
- Foreward P/E Ratio: 10.70
- P/E Growth: 1.25
- Market Cap: $12.26B
- Outstanding Shares: 373,413,000
- Beta: 1.12
- Net Margins: 7.40%
- Return on Equity: 14.10%
- Return on Assets: 8.15%
Companies Related to D.R. Horton:
- Debt-to-Equity Ratio: 0.46%
- Current Ratio: 6.91%
- Quick Ratio: 1.13%
What is D.R. Horton's stock symbol?
D.R. Horton trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHI."
How often does D.R. Horton pay dividends? What is the dividend yield for D.R. Horton?
D.R. Horton declared a quarterly dividend on Tuesday, January 24th. Investors of record on Friday, February 3rd will be given a dividend of $0.10 per share on Wednesday, February 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Wednesday, February 1st.
Where is D.R. Horton's stock going? Where will D.R. Horton's stock price be in 2017?
16 equities research analysts have issued twelve-month price objectives for D.R. Horton's stock. Their predictions range from $27.50 to $39.00. On average, they expect D.R. Horton's share price to reach $34.32 in the next twelve months.
When will D.R. Horton announce their earnings?
D.R. Horton is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.
What are analysts saying about D.R. Horton stock?
Here are some recent quotes from research analysts about D.R. Horton stock:
Bank of America Corp analysts commented, "relatively small," but it was a "positive." (9/13/2016)
Argus analysts commented, "We believe that the housing market is still in the middle stages of its upcycle given the severity of the preceding downturn — a sharp 76 percent drop in unit sales from 2005 to 2011. We do not expect the current cycle to peak until new home sales reach at least 700,000 units, well above the 502,000 new homes sold in 2015." (6/17/2016)
According to Zacks Investment Research, "D.R. Horton posted robust second-quarter fiscal 2016 results with both its earnings and sales beating the Zacks Consensus Estimate. Earnings of $0.52 per share surged 30% year over year on higher home sales, steady margins and increased SG&A leverage. After weak numbers in the previous quarter, home closings increased 12% in the reported quarter, which together with pricing gains, resulted in higher home sales. The company retained its revenue guidance but raised its profit expectation. D.R. Horton expects to deliver a strong performance in the second half of fiscal 2016 on the back of its robust backlog position and well-stocked inventory of land, lots and homes. However, gross margin pressures due to moderating sales price increases and unfavorable product mix remain the concerns. Management expects gross margin increase to remain essentially flat in fiscal 2016 with no significant improvement." (5/9/2016)
Who owns D.R. Horton stock?
D.R. Horton's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.65%), FMR LLC (2.98%), AQR Capital Management LLC (1.98%), Dimensional Fund Advisors LP (1.33%), Renaissance Technologies LLC (0.96%) and Russell Investments Group Ltd. (0.92%). Company insiders that own D.R. Horton stock include Barbara K Allen, Bill W Wheat, Bradley S Anderson, Donald R Horton, Michael J Murray, Michael R Buchanan and Michael W Hewatt.
Who sold D.R. Horton stock? Who is selling D.R. Horton stock?
D.R. Horton's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Janus Capital Management LLC, Guggenheim Capital LLC, Franklin Resources Inc., PARUS FINANCE UK Ltd, Main Street Research LLC, Credit Agricole S A and GLG LLC. Company insiders that have sold D.R. Horton stock in the last year include Barbara K Allen, Bill W Wheat, Donald R Horton, Michael J Murray, Michael R Buchanan and Michael W Hewatt.
Who bought D.R. Horton stock? Who is buying D.R. Horton stock?
D.R. Horton's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, State Street Corp, Stelliam Investment Management LP, Asset Management One Co. Ltd., AQR Capital Management LLC, Clough Capital Partners L P and Ruane Cunniff & Goldfarb Inc..
How do I buy D.R. Horton stock?
Shares of D.R. Horton can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of D.R. Horton stock cost?
One share of D.R. Horton stock can currently be purchased for approximately $32.00.