D.R. Horton, Inc. Expected to Earn FY2024 Earnings of $13.87 Per Share (NYSE:DHI)

D.R. Horton, Inc. (NYSE:DHI) – Investment analysts at Wedbush upped their FY2024 EPS estimates for D.R. Horton in a research report issued to clients and investors on Thursday, April 18th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $13.87 per share for the year, up from their previous forecast of $13.65. Wedbush currently has a “Underperform” rating and a $130.00 price objective on the stock. The consensus estimate for D.R. Horton’s current full-year earnings is $14.25 per share. Wedbush also issued estimates for D.R. Horton’s Q3 2025 earnings at $4.11 EPS and Q4 2025 earnings at $4.74 EPS.

D.R. Horton (NYSE:DHI) last announced its earnings results on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.44. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $8.15 billion. During the same quarter in the prior year, the firm earned $2.73 EPS. D.R. Horton’s quarterly revenue was up 14.2% on a year-over-year basis.

A number of other equities research analysts also recently commented on DHI. Raymond James lifted their price target on shares of D.R. Horton from $140.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. Barclays cut their price target on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating for the company in a report on Friday. Jefferies Financial Group raised their price objective on D.R. Horton from $141.00 to $153.00 and gave the stock a “hold” rating in a report on Friday. The Goldman Sachs Group lifted their price objective on D.R. Horton from $150.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday, January 11th. Finally, JMP Securities increased their target price on D.R. Horton from $140.00 to $170.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 24th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, D.R. Horton currently has an average rating of “Moderate Buy” and an average target price of $158.06.

D.R. Horton Trading Up 0.7 %

D.R. Horton stock opened at $143.12 on Monday. The stock has a 50-day moving average price of $151.81 and a 200 day moving average price of $139.44. D.R. Horton has a 52 week low of $100.08 and a 52 week high of $165.75. The stock has a market cap of $47.49 billion, a PE ratio of 9.74, a P/E/G ratio of 0.70 and a beta of 1.64. The company has a current ratio of 7.35, a quick ratio of 1.38 and a debt-to-equity ratio of 0.24.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, May 2nd will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Wednesday, May 1st. D.R. Horton’s payout ratio is 8.17%.

Insider Activity

In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total value of $3,908,250.00. Following the completion of the transaction, the insider now owns 773,121 shares in the company, valued at approximately $120,862,005.93. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other D.R. Horton news, Director Barbara K. Allen sold 449 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $149.39, for a total value of $67,076.11. Following the completion of the transaction, the director now directly owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total value of $3,908,250.00. Following the sale, the insider now directly owns 773,121 shares in the company, valued at $120,862,005.93. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,197 shares of company stock worth $4,225,745. 1.74% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rise Advisors LLC acquired a new position in shares of D.R. Horton in the 1st quarter valued at approximately $27,000. Riverview Trust Co acquired a new stake in D.R. Horton in the first quarter valued at $30,000. BluePath Capital Management LLC acquired a new position in D.R. Horton during the 3rd quarter worth $33,000. Oakworth Capital Inc. acquired a new position in D.R. Horton during the 4th quarter worth $38,000. Finally, First Pacific Financial bought a new stake in shares of D.R. Horton in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Company Profile

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.