D.R. Horton (NYSE:DHI) Stock Price Crosses Below 200-Day Moving Average After Analyst Downgrade

D.R. Horton, Inc. (NYSE:DHI)’s share price crossed below its 200-day moving average during trading on Wednesday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock has a 200-day moving average of $147.51 and traded as low as $146.40. D.R. Horton shares last traded at $147.2340, with a volume of 3,342,717 shares trading hands.

Several other equities analysts have also weighed in on DHI. Royal Bank Of Canada reduced their price target on shares of D.R. Horton from $119.00 to $114.00 and set an “underperform” rating for the company in a research report on Friday, October 30th. Stonex Financial raised shares of D.R. Horton to a “hold” rating in a research report on Thursday, October 15th. Barclays dropped their target price on shares of D.R. Horton from $130.00 to $125.00 and set an “equal weight” rating on the stock in a research note on Friday, October 30th. Bank of America dropped their target price on shares of D.R. Horton from $150.00 to $145.00 in a research note on Wednesday, October 7th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $182.00 target price (down from $190.00) on shares of D.R. Horton in a research report on Monday, October 12th. Five investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, D.R. Horton has an average rating of “Hold” and an average price target of $151.33.

D.R. Horton News Summary

Here’s some of the latest news about DHI:

• Neutral Sentiment: A dividend analysis reviews D.R. Horton’s payout, but the available article details do not specify the yield, payout ratio, or a dividend change, so the near-term stock impact is unclear. D.R. Horton Inc’s Dividend Analysis
• Negative Sentiment: Zacks Research cut its rating on D.R. Horton from “hold” to “strong sell,” adding to concerns about the stock’s outlook. Zacks Research ratings
• Negative Sentiment: Melius Research reiterated a “sell” rating and a $128 price target, below the $145.41 price cited in the coverage. Its estimates project fiscal 2027 EPS of $7.57 and fiscal 2028 EPS of $9.12, versus the reported current-year consensus estimate of $10.48, signaling expected earnings pressure. The multiple reports repeat the same Melius forecast and rating. D.R. Horton analyst coverage

Institutional Investors Weigh In On D.R. Horton

Large investors have recently added to or reduced their stakes in the company. Fiduciary Financial Advisors purchased a new stake in D.R. Horton during the second quarter valued at about $25,000. Caitlin John LLC bought a new position in D.R. Horton during the second quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of D.R. Horton by 9,250.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 187 shares of the construction company’s stock worth $26,000 after purchasing an additional 185 shares in the last quarter. Compass Wealth Management LLC purchased a new position in shares of D.R. Horton in the third quarter worth about $27,000. Finally, Pension & Wealth Management Advisors Inc. bought a new stake in shares of D.R. Horton in the third quarter valued at approximately $28,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Trading Up 0.7%

The firm’s 50-day moving average price is $141.65 and its 200-day moving average price is $147.46. The company has a quick ratio of 0.95, a current ratio of 6.01 and a debt-to-equity ratio of 0.26. The company has a market cap of $40.67 billion, a P/E ratio of 14.25, a price-to-earnings-growth ratio of 1.85 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Thursday, October 29th. The construction company reported $2.67 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $9.07 billion. During the same quarter in the previous year, the company posted $3.04 earnings per share. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, equities research analysts expect that D.R. Horton, Inc. will post 9.58 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Thursday, November 12th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This is an increase from D.R. Horton’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.4%. D.R. Horton’s dividend payout ratio is 19.72%.

D.R. Horton Company Profile

D.R. Horton, Inc. is a U.S. homebuilder founded in 1978 by Donald R. Horton. Headquartered in Arlington, Texas, the company builds and sells homes in markets across the United States. Its homebuilding business offers single-family homes and townhomes for buyers with a range of needs and budgets. D.R. Horton markets homes under brands including D.R. Horton, Express, Emerald and Freedom, which serves active-adult buyers. The company also provides mortgage financing and title services to homebuyers through its financial-services operations, and has a home-rental business.