D. R. Horton (DHI) Set to Announce Quarterly Earnings on Thursday

D. R. Horton (NYSE:DHI) is scheduled to be announcing its earnings results before the market opens on Thursday, November 8th. Analysts expect the company to announce earnings of $1.26 per share for the quarter.

Shares of DHI stock opened at $35.96 on Thursday. The company has a current ratio of 7.06, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. D. R. Horton has a 52-week low of $34.37 and a 52-week high of $53.32. The firm has a market capitalization of $13.57 billion, a P/E ratio of 13.12, a price-to-earnings-growth ratio of 0.77 and a beta of 1.08.

In related news, Director Michael W. Hewatt sold 3,000 shares of the stock in a transaction on Friday, August 24th. The stock was sold at an average price of $45.01, for a total value of $135,030.00. Following the transaction, the director now owns 11,000 shares of the company’s stock, valued at $495,110. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.74% of the stock is owned by corporate insiders.

A number of equities research analysts recently issued reports on DHI shares. Evercore ISI upgraded D. R. Horton from an “in-line” rating to an “outperform” rating in a research report on Friday, July 27th. Bank of America set a $65.00 price objective on D. R. Horton and gave the stock a “buy” rating in a research report on Thursday, October 11th. ValuEngine downgraded D. R. Horton from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd. Credit Suisse Group set a $45.00 price objective on D. R. Horton and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, JMP Securities lowered their price objective on D. R. Horton from $56.00 to $52.00 and set a “market outperform” rating on the stock in a research report on Friday, July 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $51.93.

D. R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 79 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Homes.

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

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