D.R. Horton, Inc. to Post FY2024 Earnings of $14.46 Per Share, Zacks Research Forecasts (NYSE:DHI)

D.R. Horton, Inc. (NYSE:DHI) – Analysts at Zacks Research increased their FY2024 earnings per share estimates for D.R. Horton in a research report issued on Friday, April 26th. Zacks Research analyst S. Mukherjee now forecasts that the construction company will post earnings per share of $14.46 for the year, up from their prior forecast of $13.93. The consensus estimate for D.R. Horton’s current full-year earnings is $14.31 per share. Zacks Research also issued estimates for D.R. Horton’s Q2 2025 earnings at $3.61 EPS, Q4 2025 earnings at $4.31 EPS, FY2025 earnings at $14.99 EPS, Q1 2026 earnings at $3.42 EPS, Q2 2026 earnings at $4.05 EPS and FY2026 earnings at $16.42 EPS.

Several other equities research analysts have also commented on DHI. Barclays decreased their price objective on shares of D.R. Horton from $186.00 to $176.00 and set an “overweight” rating for the company in a research note on Friday, April 19th. Keefe, Bruyette & Woods cut their price objective on D.R. Horton from $175.00 to $172.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 24th. Raymond James upped their price objective on D.R. Horton from $140.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Jefferies Financial Group lifted their target price on D.R. Horton from $141.00 to $153.00 and gave the stock a “hold” rating in a research note on Friday, April 19th. Finally, The Goldman Sachs Group increased their price target on shares of D.R. Horton from $150.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $158.06.

D.R. Horton Stock Down 2.4 %

DHI opened at $142.49 on Monday. D.R. Horton has a fifty-two week low of $100.08 and a fifty-two week high of $165.75. The firm has a market capitalization of $46.92 billion, a P/E ratio of 9.70, a PEG ratio of 0.72 and a beta of 1.64. The company’s 50-day moving average is $152.07 and its 200 day moving average is $141.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $8.15 billion. During the same period last year, the business earned $2.73 EPS. The business’s revenue was up 14.2% on a year-over-year basis.

D.R. Horton Dividend Announcement

The firm also recently declared 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 dividend payout ratio (DPR) is currently 8.17%.

Insider Activity at D.R. Horton

In related news, Director Barbara K. Allen sold 449 shares of D.R. Horton stock in a transaction that occurred on 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 in the company, valued at approximately $844,053.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Barbara K. Allen sold 363 shares of the company’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $148.46, for a total transaction of $53,890.98. Following the sale, the director now directly owns 5,650 shares in the company, valued at $838,799. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Barbara K. Allen sold 449 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $149.39, for a total transaction of $67,076.11. Following the completion of the sale, the director now directly owns 5,650 shares in the company, valued at $844,053.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,812 shares of company stock worth $4,029,217. 1.74% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On D.R. Horton

Several hedge funds have recently bought and sold shares of the company. DAVENPORT & Co LLC grew its position in shares of D.R. Horton by 4.3% during the 3rd quarter. DAVENPORT & Co LLC now owns 7,442 shares of the construction company’s stock valued at $800,000 after purchasing an additional 305 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in D.R. Horton by 7,293.3% during the third quarter. Exchange Traded Concepts LLC now owns 3,327 shares of the construction company’s stock valued at $358,000 after buying an additional 3,282 shares during the period. Oak Thistle LLC purchased a new position in D.R. Horton during the third quarter worth about $398,000. Valeo Financial Advisors LLC increased its stake in D.R. Horton by 5.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 2,211 shares of the construction company’s stock worth $238,000 after acquiring an additional 105 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of D.R. Horton by 13.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 32,550 shares of the construction company’s stock valued at $3,498,000 after acquiring an additional 3,811 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

About D.R. Horton

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.