D.R. Horton, Inc. (NYSE:DHI) Receives $168.54 Consensus Target Price from Analysts

Shares of D.R. Horton, Inc. (NYSE:DHI) have received a consensus recommendation of “Hold” from the sixteen research firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $168.5385.

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. UBS Group lifted their price target on shares of D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Barclays lifted their price target on shares of D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada lifted their price target on shares of D.R. Horton from $117.00 to $123.00 and gave the company an “underperform” rating in a research report on Wednesday, April 22nd. Finally, Seaport Research Partners reiterated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th.

D.R. Horton Stock Up 0.8%

NYSE DHI opened at $156.37 on Friday. The company has a current ratio of 6.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.27. D.R. Horton has a 1-year low of $119.54 and a 1-year high of $184.54. The company has a 50 day moving average of $147.53 and a 200-day moving average of $149.92. The company has a market cap of $44.34 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 2.17 and a beta of 1.37.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.09. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The company had revenue of $7.56 billion during the quarter, compared to the consensus estimate of $7.55 billion. During the same period in the previous year, the business earned $2.58 earnings per share. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. On average, equities research analysts expect that D.R. Horton will post 10.57 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 7th. D.R. Horton’s dividend payout ratio (DPR) is 16.87%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DHI. Core Wealth Advisors LLC bought a new position in D.R. Horton in the fourth quarter valued at approximately $25,000. Osbon Capital Management LLC bought a new position in D.R. Horton in the fourth quarter valued at approximately $26,000. Sound Income Strategies LLC bought a new position in D.R. Horton in the fourth quarter valued at approximately $27,000. Elevated Capital Advisors LLC bought a new position in D.R. Horton in the fourth quarter valued at approximately $27,000. Finally, Wilkerson Advisory Group LLC bought a new position in D.R. Horton in the fourth quarter valued at approximately $30,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.