D.R. Horton, Inc. (NYSE:DHI – Get Free Report) Director Barbara K. Allen sold 363 shares of D.R. Horton stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $148.46, for a total value of $53,890.98. Following the completion of the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $838,799. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
D.R. Horton Price Performance
Shares of NYSE DHI opened at $146.12 on Thursday. D.R. Horton, Inc. has a 1-year low of $100.08 and a 1-year high of $165.75. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38. The business’s fifty day moving average price is $151.94 and its two-hundred day moving average price is $139.79. The firm has a market capitalization of $48.49 billion, a PE ratio of 9.95, a P/E/G ratio of 0.71 and a beta of 1.64.
D.R. Horton (NYSE:DHI – Get Free Report) last announced its earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.44. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The business had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $8.15 billion. During the same quarter last year, the business posted $2.73 earnings per share. The company’s quarterly revenue was up 14.2% on a year-over-year basis. On average, research analysts expect that D.R. Horton, Inc. will post 14.27 EPS for the current year.
D.R. Horton Announces Dividend
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Wedbush reiterated an “underperform” rating and set a $130.00 target price on shares of D.R. Horton in a report on Thursday, April 18th. Royal Bank of Canada decreased their price target on D.R. Horton from $142.00 to $141.00 and set an “underperform” rating for the company in a report on Friday, April 19th. Bank of America decreased their price target on D.R. Horton from $182.00 to $168.00 and set a “buy” rating for the company in a report on Friday, April 19th. UBS Group upped their price target on D.R. Horton from $192.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Finally, BTIG Research decreased their price target on D.R. Horton from $174.00 to $169.00 and set a “buy” rating for the company in a report on Tuesday, April 16th. Two analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $158.06.
View Our Latest Analysis on D.R. Horton
Institutional Investors Weigh In On D.R. Horton
Several hedge funds have recently bought and sold shares of DHI. AE Wealth Management LLC lifted its stake in D.R. Horton by 40.5% in the 3rd quarter. AE Wealth Management LLC now owns 11,867 shares of the construction company’s stock worth $1,275,000 after acquiring an additional 3,418 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in D.R. Horton by 7.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,050 shares of the construction company’s stock worth $435,000 after acquiring an additional 298 shares in the last quarter. Legacy Capital Wealth Partners LLC purchased a new stake in D.R. Horton in the 3rd quarter worth about $203,000. DAVENPORT & Co LLC lifted its stake in D.R. Horton by 4.3% in the 3rd quarter. DAVENPORT & Co LLC now owns 7,442 shares of the construction company’s stock worth $800,000 after acquiring an additional 305 shares in the last quarter. Finally, Mach 1 Financial Group LLC purchased a new stake in D.R. Horton in the 3rd quarter worth about $691,000. 90.63% of the stock is owned by hedge funds and other institutional investors.
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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