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D.R. Horton (NYSE:DHI) was downgraded by investment analysts at KeyCorp from a “buy” rating to a “hold” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of D.R. Horton in a research note to investors on Wednesday, January 15th. They now have a $23.00 price target on the stock. Separately, analysts at MKM Partners upgraded shares of D.R. Horton from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 9th. They now have a $26.00 price target on the stock, up previously from $23.00. Finally, analysts at Compass Point downgraded shares of D.R. Horton from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, December 17th. They now have a $20.00 price target on the stock, down previously from $23.50. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. D.R. Horton has an average rating of “Hold” and a consensus target price of $25.93.

D.R. Horton (NYSE:DHI) traded down 4.92% on Friday, hitting $20.88. The stock had a trading volume of 9,587,444 shares. D.R. Horton has a 1-year low of $17.52 and a 1-year high of $27.75. The stock’s 50-day moving average is $20.84 and its 200-day moving average is $19.75. The company has a market cap of $6.743 billion and a price-to-earnings ratio of 16.46.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, November 12th. The company reported $0.40 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.40. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 40.0% on a year-over-year basis. On average, analysts predict that D.R. Horton will post $1.56 earnings per share for the current fiscal year.

D.R. Horton, Inc is the homebuilding companies in the United States. The Company constructs and sells homes through its operating divisions in 26 states and 77 metropolitan markets of the United States, primarily under the name of D.

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