D.R. Horton (DHI) to Release Quarterly Earnings on Tuesday
D.R. Horton (NYSE:DHI) will be issuing its quarterly earnings data on Tuesday, January 28th. Investors interested in listening to the company’s conference call can do so using this link.
D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.40 earnings per share for the quarter, meeting the analysts’ 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 previous year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 40.0% on a year-over-year basis. On average, analysts expect D.R. Horton to post $1.55 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.
Shares of D.R. Horton (NYSE:DHI) opened at 20.88 on Monday. D.R. Horton has a 52-week low of $17.52 and a 52-week high of $27.75. The stock’s 50-day moving average is $20.90 and its 200-day moving average is $19.76. The company has a market cap of $6.743 billion and a price-to-earnings ratio of 16.46.
A number of research firms have recently commented on DHI. Analysts at KeyCorp downgraded shares of D.R. Horton from a “buy” rating to a “hold” rating in a research note to investors on Friday. They noted that the move was a valuation call. On a related note, 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. Finally, 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. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $25.93.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.