Research Analysts Set Expectations for D.R. Horton, Inc.’s Q1 2022 Earnings (NYSE:DHI)

D.R. Horton, Inc. (NYSE:DHI) – Seaport Res Ptn issued their Q1 2022 earnings estimates for shares of D.R. Horton in a report released on Wednesday, October 20th. Seaport Res Ptn analyst M. Weintraub expects that the construction company will post earnings per share of $2.99 for the quarter. Seaport Res Ptn has a “Buy” rating on the stock. Seaport Res Ptn also issued estimates for D.R. Horton’s Q2 2022 earnings at $2.93 EPS, Q3 2022 earnings at $3.66 EPS, Q4 2022 earnings at $3.46 EPS and Q1 2023 earnings at $2.49 EPS.

A number of other equities research analysts have also recently weighed in on DHI. Royal Bank of Canada restated a “hold” rating on shares of D.R. Horton in a report on Friday, July 30th. Raymond James upgraded D.R. Horton from an “outperform” rating to a “strong-buy” rating and set a $110.00 target price for the company in a research note on Friday, July 23rd. JPMorgan Chase & Co. reduced their price target on shares of D.R. Horton from $129.00 to $115.00 and set an “overweight” rating on the stock in a research report on Thursday, October 14th. Wedbush raised shares of D.R. Horton from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $94.00 to $125.00 in a report on Monday, July 26th. Finally, Barclays cut their price target on D.R. Horton from $114.00 to $109.00 and set an “overweight” rating on the stock in a report on Thursday, July 15th. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from, the company presently has a consensus rating of “Buy” and a consensus price target of $103.06.

Shares of DHI stock opened at $88.70 on Monday. The stock has a market capitalization of $31.77 billion, a PE ratio of 8.90, a price-to-earnings-growth ratio of 0.88 and a beta of 1.64. D.R. Horton has a 52-week low of $64.32 and a 52-week high of $106.89. The stock’s 50-day moving average price is $90.56 and its 200 day moving average price is $92.31. The company has a quick ratio of 1.11, a current ratio of 6.03 and a debt-to-equity ratio of 0.31.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Amundi purchased a new stake in D.R. Horton in the second quarter worth $129,486,000. Principal Financial Group Inc. grew its stake in shares of D.R. Horton by 94.0% during the 2nd quarter. Principal Financial Group Inc. now owns 2,591,112 shares of the construction company’s stock valued at $234,159,000 after purchasing an additional 1,255,532 shares during the period. Appaloosa LP purchased a new position in shares of D.R. Horton during the 1st quarter valued at about $103,825,000. Assenagon Asset Management S.A. purchased a new position in shares of D.R. Horton during the 3rd quarter valued at about $87,924,000. Finally, Capital International Investors purchased a new position in D.R. Horton in the 1st quarter worth approximately $91,874,000. Hedge funds and other institutional investors own 81.08% of the company’s stock.

D.R. Horton Company Profile

D.R. Horton, Inc engages in the construction and sale of single-family housing. It operates through the following segments: Homebuilding and Financial Services. The Homebuilding segment includes the sub-segments East, Midwest, Southeast, South Central, Southwest and West regions. The Financial Services segment provides mortgage financing and title agency services to homebuyers in many of its homebuilding markets.

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Earnings History and Estimates for D.R. Horton (NYSE:DHI)

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