Recent Investment Analysts’ Ratings Updates for D.R. Horton (DHI)

A number of firms have modified their ratings and price targets on shares of D.R. Horton (NYSE: DHI) recently:

• 1/17/2025 – D.R. Horton was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/16/2025 – D.R. Horton had its price target lowered by analysts at Barclays PLC from $170.00 to $150.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – D.R. Horton had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $200.00 to $171.00. They now have a “buy” rating on the stock.
• 1/9/2025 – D.R. Horton was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/8/2025 – D.R. Horton had its price target lowered by analysts at UBS Group AG from $214.00 to $203.00. They now have a “buy” rating on the stock.
• 1/6/2025 – D.R. Horton had its price target lowered by analysts at Citigroup Inc. from $185.00 to $152.00. They now have a “neutral” rating on the stock.
• 12/17/2024 – D.R. Horton had its price target lowered by analysts at Wells Fargo & Company from $190.00 to $175.00. They now have an “overweight” rating on the stock.
• 12/13/2024 – D.R. Horton was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $156.00 price target on the stock, down previously from $188.00.
• 12/11/2024 – D.R. Horton had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $170.00 price target on the stock, down previously from $192.00.
• 12/10/2024 – D.R. Horton was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $183.00 price target on the stock, down previously from $200.00.

D.R. Horton Price Performance

Shares of DHI stock opened at $146.61 on Friday. The firm has a market capitalization of $47.04 billion, a P/E ratio of 10.21, a P/E/G ratio of 0.51 and a beta of 1.75. D.R. Horton, Inc. has a 52-week low of $133.02 and a 52-week high of $199.85. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.61 and a current ratio of 7.32. The stock has a 50 day moving average price of $152.70 and a 200 day moving average price of $168.64.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, October 29th. The construction company reported $3.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.25). The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.22 billion. D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. D.R. Horton’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period last year, the firm earned $4.45 earnings per share. As a group, sell-side analysts predict that D.R. Horton, Inc. will post 14.03 earnings per share for the current year.

D.R. Horton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Tuesday, November 12th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.09%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.30. The ex-dividend date was Tuesday, November 12th. D.R. Horton’s dividend payout ratio is currently 11.14%.

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On D.R. Horton

Institutional investors have recently bought and sold shares of the business. Mountaineer Partners Management LLC purchased a new position in shares of D.R. Horton in the 3rd quarter valued at $1,853,178,000. FMR LLC boosted its holdings in shares of D.R. Horton by 44.7% in the 3rd quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock valued at $1,508,252,000 after buying an additional 2,442,581 shares in the last quarter. Geode Capital Management LLC lifted its position in D.R. Horton by 0.3% during the third quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company’s stock valued at $1,351,435,000 after acquiring an additional 21,073 shares during the last quarter. Smead Capital Management Inc. grew its holdings in D.R. Horton by 3.5% in the third quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock worth $480,106,000 after purchasing an additional 84,835 shares during the last quarter. Finally, Earnest Partners LLC lifted its holdings in shares of D.R. Horton by 0.4% during the 2nd quarter. Earnest Partners LLC now owns 2,064,149 shares of the construction company’s stock valued at $290,901,000 after purchasing an additional 9,137 shares during the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

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.