D. R. Horton (DHI) Earning Somewhat Favorable News Coverage, Analysis Shows

Headlines about D. R. Horton (NYSE:DHI) have trended somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. D. R. Horton earned a news impact score of 1.09 on their scale. InfoTrie also assigned news coverage about the construction company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the immediate future.

These are some of the news headlines that may have impacted D. R. Horton’s analysis:

Several brokerages recently issued reports on DHI. Bank of America set a $65.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a report on Thursday, October 11th. Wedbush reissued an “outperform” rating and set a $47.00 price objective on shares of D. R. Horton in a report on Friday, September 14th. Barclays set a $51.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a report on Friday, September 14th. ValuEngine lowered shares of D. R. Horton from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 17th. Finally, JMP Securities set a $47.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a report on Tuesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $48.79.

DHI stock traded up $0.18 during trading on Friday, hitting $34.40. 8,794,038 shares of the company’s stock traded hands, compared to its average volume of 4,626,321. The firm has a market cap of $14.11 billion, a price-to-earnings ratio of 12.55, a PEG ratio of 0.83 and a beta of 1.26. The company has a quick ratio of 1.11, a current ratio of 7.06 and a debt-to-equity ratio of 0.35. D. R. Horton has a 1 year low of $33.70 and a 1 year high of $53.32.

D. R. Horton (NYSE:DHI) last released its quarterly earnings results on Thursday, November 8th. The construction company reported $1.22 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.22. D. R. Horton had a net margin of 8.32% and a return on equity of 17.19%. The business had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.56 billion. During the same period in the previous year, the company earned $0.82 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Analysts anticipate that D. R. Horton will post 4.1 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Monday, November 26th will be issued a $0.15 dividend. This is a positive change from D. R. Horton’s previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Friday, November 23rd. D. R. Horton’s payout ratio is currently 18.25%.

In other D. R. Horton news, Director Michael W. Hewatt sold 3,000 shares of D. R. Horton stock in a transaction on Friday, August 24th. The shares were sold at an average price of $45.01, for a total value of $135,030.00. Following the transaction, the director now directly owns 11,000 shares of the company’s stock, valued at $495,110. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 7.20% of the stock is currently owned by insiders.

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About D. R. Horton

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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