D.R. Horton, Inc. (NYSE:DHI) Given Average Recommendation of “Moderate Buy” by Analysts

D.R. Horton, Inc. (NYSE:DHIGet Free Report) has earned an average rating of “Moderate Buy” from the nineteen analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $148.65.

DHI has been the topic of a number of recent research reports. Wells Fargo & Company initiated coverage on shares of D.R. Horton in a report on Tuesday, October 17th. They issued an “overweight” rating and a $123.00 target price on the stock. Royal Bank of Canada increased their target price on shares of D.R. Horton from $116.00 to $142.00 and gave the stock an “underperform” rating in a research report on Monday, January 22nd. StockNews.com downgraded shares of D.R. Horton from a “buy” rating to a “hold” rating in a research report on Monday, December 4th. Jefferies Financial Group assumed coverage on shares of D.R. Horton in a research report on Monday, November 27th. They issued a “hold” rating and a $119.00 price objective for the company. Finally, Seaport Res Ptn downgraded shares of D.R. Horton from a “buy” rating to a “neutral” rating in a research report on Monday, January 22nd.

View Our Latest Report on D.R. Horton

D.R. Horton Stock Performance

Shares of DHI opened at $148.28 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.20 and a current ratio of 6.56. D.R. Horton has a 1 year low of $89.05 and a 1 year high of $157.93. The stock has a market capitalization of $49.20 billion, a P/E ratio of 10.67, a P/E/G ratio of 0.82 and a beta of 1.64. The company’s fifty day moving average is $147.27 and its two-hundred day moving average is $127.10.

D.R. Horton (NYSE:DHIGet Free Report) last posted its quarterly earnings results on Tuesday, January 23rd. The construction company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.06). The company had revenue of $7.73 billion for the quarter, compared to analyst estimates of $7.55 billion. D.R. Horton had a return on equity of 21.06% and a net margin of 13.18%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the company earned $2.76 earnings per share. On average, sell-side analysts predict that D.R. Horton will post 14.19 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 13th. Shareholders of record on Tuesday, February 6th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.81%. The ex-dividend date is Monday, February 5th. D.R. Horton’s dividend payout ratio is currently 8.63%.

Insiders Place Their Bets

In other D.R. Horton news, Director Barbara K. Allen sold 470 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $126.21, for a total value of $59,318.70. Following the sale, the director now directly owns 5,650 shares in the company, valued at $713,086.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Barbara K. Allen sold 470 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $126.21, for a total value of $59,318.70. Following the transaction, the director now owns 5,650 shares in the company, valued at $713,086.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Barbara K. Allen sold 1,748 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $143.26, for a total value of $250,418.48. Following the transaction, the director now owns 5,650 shares in the company, valued at approximately $809,419. The disclosure for this sale can be found here. Insiders have sold a total of 13,431 shares of company stock valued at $2,015,326 in the last three months. Company insiders own 1.74% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Legal Advantage Investments Inc. raised its position in D.R. Horton by 2.5% during the fourth quarter. Legal Advantage Investments Inc. now owns 3,075 shares of the construction company’s stock valued at $467,000 after purchasing an additional 75 shares in the last quarter. Wealthsource Partners LLC boosted its position in shares of D.R. Horton by 2.7% in the 4th quarter. Wealthsource Partners LLC now owns 2,926 shares of the construction company’s stock worth $445,000 after purchasing an additional 78 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in D.R. Horton by 2.2% in the 3rd quarter. SRS Capital Advisors Inc. now owns 3,639 shares of the construction company’s stock worth $391,000 after acquiring an additional 79 shares during the last quarter. FineMark National Bank & Trust raised its holdings in D.R. Horton by 2.0% in the 3rd quarter. FineMark National Bank & Trust now owns 4,035 shares of the construction company’s stock worth $434,000 after acquiring an additional 80 shares during the last quarter. Finally, Tiemann Investment Advisors LLC raised its stake in D.R. Horton by 1.6% during the 3rd quarter. Tiemann Investment Advisors LLC now owns 5,447 shares of the construction company’s stock valued at $585,000 after buying an additional 85 shares during the last quarter. 82.12% of the stock is currently owned by institutional investors.

D.R. Horton Company Profile

(Get Free Report

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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Analyst Recommendations for D.R. Horton (NYSE:DHI)

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