D.R. Horton (NYSE:DHI) Given New $125.00 Price Target at Barclays

D.R. Horton (NYSE:DHI – Free Report) had its price objective reduced by Barclays from $130.00 to $125.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an equal weight rating on the construction company’s stock.

A number of other analysts have also commented on the company. Zelman & Associates raised D.R. Horton from a “neutral” rating to an “outperform” rating in a report on Tuesday, July 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $182.00 price target (down from $190.00) on shares of D.R. Horton in a report on Monday, October 12th. Wells Fargo & Company dropped their price objective on D.R. Horton from $145.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. Bank of America reduced their price objective on D.R. Horton from $150.00 to $145.00 in a report on Wednesday, October 7th. Finally, Keefe, Bruyette & Woods decreased their target price on D.R. Horton from $160.00 to $152.00 in a research report on Thursday, October 22nd. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $152.60.

View Our Latest Analysis on D.R. Horton

D.R. Horton Trading Down 0.4%

Shares of NYSE DHI opened at $145.93 on Friday. The firm’s 50 day moving average price is $140.76 and its 200-day moving average price is $147.70. D.R. Horton has a 52-week low of $130.40 and a 52-week high of $170.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 6.01. The company has a market cap of $40.82 billion, a PE ratio of 14.39, a P/E/G ratio of 2.28 and a beta of 1.35.

D.R. Horton (NYSE:DHI – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The construction company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.34). D.R. Horton had a net margin of 8.74% and a return on equity of 11.93%. The firm had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $9.07 billion. During the same period last year, the business earned $3.04 EPS. D.R. Horton’s revenue was down 3.2% on a year-over-year basis. On average, equities research analysts expect that D.R. Horton will post 11.35 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, November 12th. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.45. D.R. Horton’s dividend payout ratio (DPR) is presently 17.13%.

Hedge Funds Weigh In On D.R. Horton

A number of institutional investors and hedge funds have recently modified their holdings of DHI. Cornerstone Planning Group LLC boosted its holdings in D.R. Horton by 27.9% during the first quarter. Cornerstone Planning Group LLC now owns 330 shares of the construction company’s stock valued at $48,000 after acquiring an additional 72 shares during the period. William Allan Corp increased its stake in shares of D.R. Horton by 0.3% in the third quarter. William Allan Corp now owns 27,548 shares of the construction company’s stock worth $3,764,000 after purchasing an additional 77 shares during the period. GC Wealth Management RIA LLC increased its stake in shares of D.R. Horton by 0.7% in the first quarter. GC Wealth Management RIA LLC now owns 11,448 shares of the construction company’s stock worth $1,571,000 after purchasing an additional 81 shares during the period. Chemistry Wealth Management LLC lifted its position in shares of D.R. Horton by 3.0% during the 2nd quarter. Chemistry Wealth Management LLC now owns 3,098 shares of the construction company’s stock worth $505,000 after purchasing an additional 91 shares during the last quarter. Finally, Premier Path Wealth Partners LLC grew its holdings in D.R. Horton by 1.4% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,618 shares of the construction company’s stock valued at $1,078,000 after buying an additional 91 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Key D.R. Horton News

Here are the key news stories impacting D.R. Horton this week:

  • Positive Sentiment: D.R. Horton declared a quarterly dividend of $0.50 per share, an 11.1% increase from $0.45, bringing the annualized dividend to $2.00 and signaling continued confidence in cash generation.
  • Positive Sentiment: Fourth-quarter revenue reached $9.37 billion, exceeding the $9.07 billion analyst estimate. The company also controls 77% of its lot supply through purchase contracts, which may support future construction flexibility. D.R. Horton: 3 Key Takeaways for Long-Term Investors
  • Neutral Sentiment: The company is investing in robotic homebuilding, a potential long-term productivity and cost advantage, although the financial impact is not yet clear. Inside giant homebuilder D.R. Horton’s bet on robotic homebuilding
  • Negative Sentiment: Fiscal fourth-quarter earnings per share were $2.67, below the $3.01 consensus and down from $3.04 a year earlier. Revenue also declined 3.2% year over year, while a reported $91 million impairment further clouded results. D.R. Horton’s Q4 Earnings Miss on Weak Housing Demand, Sales Beat
  • Negative Sentiment: Management warned that elevated mortgage rates are weakening demand, increasing cancellations and forcing greater buyer incentives, which is squeezing profitability. Its fiscal 2027 revenue outlook of $30 billion to $32 billion reflects a cautious operating environment. D.R. Horton Profit Down as Mortgage Rates Weigh
  • Negative Sentiment: Analysts lowered their valuations: Royal Bank of Canada cut its price target to $114 and maintained an “underperform” rating, while Barclays reduced its target to $125 and kept an “equal weight” rating. The revisions reinforce concerns about earnings and housing demand.

D.R. Horton Company Profile

(Get Free Report)

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.

Further Reading

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

Receive News & Ratings for D.R. Horton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D.R. Horton and related companies with MarketBeat.com's FREE daily email newsletter.