D. R. Horton Inc (NYSE:DHI) declared a quarterly dividend on Tuesday, November 12th, RTT News reports. Investors of record on Wednesday, November 27th will be paid a dividend of 0.175 per share by the construction company on Wednesday, December 11th. This represents a $0.70 annualized dividend and a dividend yield of 1.29%. This is a boost from D. R. Horton’s previous quarterly dividend of $0.15.

Shares of D. R. Horton stock opened at $54.33 on Thursday. The company has a quick ratio of 0.94, a current ratio of 6.91 and a debt-to-equity ratio of 0.35. D. R. Horton has a twelve month low of $32.39 and a twelve month high of $55.67. The business has a 50-day moving average price of $52.59 and a 200 day moving average price of $47.63. The firm has a market cap of $19.47 billion, a PE ratio of 12.66, a P/E/G ratio of 1.04 and a beta of 1.01.

D. R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, November 12th. The construction company reported $1.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.10. D. R. Horton had a return on equity of 16.71% and a net margin of 9.26%. The company had revenue of $5.04 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the business earned $1.22 EPS. D. R. Horton’s quarterly revenue was up 11.7% on a year-over-year basis. On average, sell-side analysts expect that D. R. Horton will post 4.61 EPS for the current year.

In other news, Director Michael W. Hewatt sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $49.45, for a total value of $346,150.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.87% of the stock is owned by corporate insiders.

Several research firms have commented on DHI. ValuEngine lowered D. R. Horton from a “hold” rating to a “sell” rating in a research note on Thursday, October 10th. Royal Bank of Canada set a $46.00 price objective on D. R. Horton and gave the stock a “hold” rating in a research note on Wednesday, July 31st. JMP Securities boosted their price objective on D. R. Horton from $49.00 to $52.00 and gave the stock a “market outperform” rating in a research note on Tuesday, September 17th. Seaport Global Securities began coverage on D. R. Horton in a research note on Friday, August 23rd. They set a “buy” rating and a $59.00 price objective for the company. Finally, Barclays boosted their price objective on D. R. Horton from $46.00 to $52.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $51.12.

D. R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.

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Dividend History for D. R. Horton (NYSE:DHI)

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