D.R. Horton, Inc. (NYSE:DHI) Receives $160.50 Consensus PT from Analysts

D.R. Horton, Inc. (NYSE:DHI) has received an average recommendation of “Hold” from the seventeen analysts that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $160.2857.

DHI has been the subject of a number of recent research reports. Barclays cut their price objective on D.R. Horton from $132.00 to $129.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 21st. Citigroup dropped their price target on shares of D.R. Horton from $163.00 to $154.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. UBS Group set a $163.00 price objective on shares of D.R. Horton in a research report on Tuesday, January 27th. Royal Bank Of Canada upped their target price on shares of D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a report on Wednesday, October 29th. Finally, Keefe, Bruyette & Woods reiterated a “reduce” rating on shares of D.R. Horton in a research report on Tuesday, January 27th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its holdings in D.R. Horton by 23.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,229 shares of the construction company’s stock valued at $538,000 after buying an additional 803 shares in the last quarter. Geneos Wealth Management Inc. increased its position in D.R. Horton by 295.5% in the first quarter. Geneos Wealth Management Inc. now owns 609 shares of the construction company’s stock worth $77,000 after purchasing an additional 455 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in D.R. Horton during the second quarter valued at $302,000. Optas LLC purchased a new stake in D.R. Horton during the second quarter valued at $262,000. Finally, Tectonic Advisors LLC lifted its position in D.R. Horton by 1.0% during the second quarter. Tectonic Advisors LLC now owns 10,356 shares of the construction company’s stock valued at $1,335,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Trading Up 2.0%

Shares of DHI stock opened at $167.96 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 6.63 and a quick ratio of 0.98. The company has a market cap of $48.66 billion, a price-to-earnings ratio of 15.25, a PEG ratio of 2.54 and a beta of 1.44. D.R. Horton has a 1 year low of $110.44 and a 1 year high of $184.54. The firm has a fifty day moving average price of $152.48 and a 200-day moving average price of $156.94.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.05. D.R. Horton had a return on equity of 13.51% and a net margin of 9.95%.The company had revenue of $6.89 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same period in the previous year, the business earned $2.61 earnings per share. D.R. Horton’s quarterly revenue was down 9.5% compared to the same quarter last year. As a group, equities analysts predict that D.R. Horton will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, February 5th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, February 5th. D.R. Horton’s payout ratio is 16.35%.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.