D.R. Horton (DHI) – Analysts’ Recent Ratings Changes

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

  • 7/22/2022 – D.R. Horton had its price target lowered by analysts at JMP Securities from $120.00 to $95.00. They now have a “market outperform” rating on the stock.
  • 7/22/2022 – D.R. Horton had its price target lowered by analysts at Credit Suisse Group AG to $85.00.
  • 7/22/2022 – D.R. Horton had its price target lowered by analysts at BTIG Research from $97.00 to $92.00.
  • 7/22/2022 – D.R. Horton had its price target raised by analysts at Citigroup Inc. from $73.00 to $90.00.
  • 7/21/2022 – D.R. Horton was upgraded by analysts at TheStreet from a “c+” rating to a “b-” rating.
  • 7/14/2022 – D.R. Horton had its price target lowered by analysts at Barclays PLC from $96.00 to $95.00. They now have an “overweight” rating on the stock.
  • 7/12/2022 – D.R. Horton had its price target lowered by analysts at JPMorgan Chase & Co. from $82.50 to $80.00. They now have an “overweight” rating on the stock.
  • 6/23/2022 – D.R. Horton had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $89.00 to $79.00. They now have a “neutral” rating on the stock.
  • 6/21/2022 – D.R. Horton had its price target lowered by analysts at Citigroup Inc. from $89.00 to $73.00. They now have a “buy” rating on the stock.
  • 6/17/2022 – D.R. Horton had its price target lowered by analysts at Wells Fargo & Company from $86.00 to $73.00. They now have an “overweight” rating on the stock.
  • 6/16/2022 – D.R. Horton had its price target lowered by analysts at UBS Group AG from $151.00 to $105.00. They now have a “buy” rating on the stock.
  • 6/8/2022 – D.R. Horton had its price target lowered by analysts at Barclays PLC from $104.00 to $96.00. They now have an “overweight” rating on the stock.
  • 6/6/2022 – D.R. Horton had its price target lowered by analysts at BTIG Research from $104.00 to $97.00.

D.R. Horton Stock Performance

NYSE:DHI opened at $74.22 on Thursday. The company has a market capitalization of $25.79 billion, a PE ratio of 4.77, a P/E/G ratio of 0.55 and a beta of 1.60. The company has a 50 day simple moving average of $71.65 and a two-hundred day simple moving average of $76.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 5.71. D.R. Horton, Inc. has a fifty-two week low of $59.25 and a fifty-two week high of $110.45.

D.R. Horton (NYSE:DHIGet Rating) last announced its quarterly earnings data on Thursday, July 21st. The construction company reported $4.67 EPS for the quarter, topping the consensus estimate of $4.49 by $0.18. The company had revenue of $8.79 billion during the quarter, compared to the consensus estimate of $8.91 billion. D.R. Horton had a net margin of 17.42% and a return on equity of 33.33%. The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.06 EPS. Research analysts anticipate that D.R. Horton, Inc. will post 17.05 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 11th. Stockholders of record on Thursday, August 4th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Wednesday, August 3rd. D.R. Horton’s dividend payout ratio (DPR) is 5.78%.

Insider Transactions at D.R. Horton

In other news, Director Michael W. Hewatt sold 1,948 shares of the firm’s stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $67.97, for a total transaction of $132,405.56. Following the completion of the sale, the director now owns 5,067 shares of the company’s stock, valued at approximately $344,403.99. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP Aron M. Odom sold 5,000 shares of D.R. Horton stock in a transaction on Friday, July 22nd. The shares were sold at an average price of $77.72, for a total value of $388,600.00. Following the completion of the sale, the vice president now owns 3,024 shares of the company’s stock, valued at approximately $235,025.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael W. Hewatt sold 1,948 shares of D.R. Horton stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $67.97, for a total transaction of $132,405.56. Following the completion of the sale, the director now directly owns 5,067 shares of the company’s stock, valued at approximately $344,403.99. The disclosure for this sale can be found here. Insiders sold a total of 10,948 shares of company stock valued at $829,286 in the last quarter. 0.49% of the stock is currently owned by company insiders.

Institutional Trading of D.R. Horton

Several hedge funds have recently bought and sold shares of DHI. Larson Financial Group LLC lifted its stake in D.R. Horton by 65.4% during the 4th quarter. Larson Financial Group LLC now owns 311 shares of the construction company’s stock valued at $34,000 after acquiring an additional 123 shares in the last quarter. Fiduciary Trust Co. lifted its stake in D.R. Horton by 3.0% during the 4th quarter. Fiduciary Trust Co. now owns 4,405 shares of the construction company’s stock valued at $477,000 after acquiring an additional 130 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its stake in D.R. Horton by 3.2% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 4,593 shares of the construction company’s stock valued at $304,000 after acquiring an additional 143 shares in the last quarter. Itau Unibanco Holding S.A. lifted its stake in D.R. Horton by 10.9% during the 4th quarter. Itau Unibanco Holding S.A. now owns 1,467 shares of the construction company’s stock valued at $158,000 after acquiring an additional 144 shares in the last quarter. Finally, Shaker Investments LLC OH lifted its stake in D.R. Horton by 0.5% during the 2nd quarter. Shaker Investments LLC OH now owns 26,974 shares of the construction company’s stock valued at $1,785,000 after acquiring an additional 146 shares in the last quarter. Institutional investors and hedge funds own 81.27% of the company’s stock.

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 31 states and 98 markets under the names of D.R.

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