D. R. Horton (DHI) to Release Earnings on Wednesday

D. R. Horton (NYSE:DHI) will release its earnings data before the market opens on Wednesday, January 31st. Analysts expect D. R. Horton to post earnings of $0.61 per share for the quarter.

D. R. Horton (NYSE:DHI) last issued its quarterly earnings data on Thursday, November 9th. The construction company reported $0.82 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.04). D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The business had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $4 billion. During the same period in the previous year, the business posted $0.75 earnings per share. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, analysts expect D. R. Horton to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

D. R. Horton (DHI) opened at $52.38 on Wednesday. D. R. Horton has a 52-week low of $29.29 and a 52-week high of $53.32. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 6.93. The stock has a market cap of $19,700.00, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 1.47 and a beta of 1.32.

Several research firms have recently commented on DHI. Credit Suisse Group restated an “outperform” rating and issued a $60.00 target price (up previously from $52.00) on shares of D. R. Horton in a research note on Monday. They noted that the move was a valuation call. Mizuho set a $56.00 target price on shares of D. R. Horton and gave the stock a “hold” rating in a research note on Thursday, January 18th. UBS Group restated a “buy” rating and issued a $58.00 target price (up previously from $53.00) on shares of D. R. Horton in a research note on Wednesday, January 17th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $56.00 target price on shares of D. R. Horton in a research note on Tuesday, January 9th. Finally, ValuEngine cut shares of D. R. Horton from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $50.00.

In other D. R. Horton news, COO Michael J. Murray sold 7,000 shares of D. R. Horton stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $48.23, for a total transaction of $337,610.00. Following the completion of the transaction, the chief operating officer now owns 56,304 shares in the company, valued at $2,715,541.92. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael W. Hewatt sold 2,000 shares of D. R. Horton stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $47.86, for a total transaction of $95,720.00. Following the transaction, the director now owns 6,000 shares of the company’s stock, valued at approximately $287,160. The disclosure for this sale can be found here. Insiders sold 28,677 shares of company stock valued at $1,410,293 in the last quarter. Company insiders own 6.74% of the company’s stock.

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D. R. Horton Company Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

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

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