D.R. Horton, Inc. (NYSE:DHI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of D.R. Horton, Inc. (NYSE:DHIGet Free Report) have received a consensus recommendation of “Moderate Buy” from the eighteen ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $149.53.

A number of equities analysts have weighed in on the company. UBS Group boosted their target price on D.R. Horton from $155.00 to $192.00 in a research report on Monday, January 22nd. Royal Bank of Canada boosted their target price on D.R. Horton from $116.00 to $142.00 and gave the stock an “underperform” rating in a research report on Monday, January 22nd. Barclays boosted their price target on D.R. Horton from $143.00 to $166.00 and gave the company an “overweight” rating in a research note on Wednesday, December 13th. Keefe, Bruyette & Woods cut their price target on D.R. Horton from $175.00 to $172.00 and set an “outperform” rating for the company in a research note on Wednesday, January 24th. Finally, Wedbush downgraded D.R. Horton from a “neutral” rating to an “underperform” rating and set a $130.00 price target for the company. in a research note on Tuesday.

Read Our Latest Stock Analysis on DHI

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 449 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total transaction of $67,076.11. Following the sale, the director now directly owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Barbara K. Allen sold 449 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total transaction of $67,076.11. Following the sale, the director now owns 5,650 shares in the company, valued at approximately $844,053.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Barbara K. Allen sold 1,748 shares of the stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total value of $250,418.48. Following the sale, the director now owns 5,650 shares in the company, valued at approximately $809,419. The disclosure for this sale can be found here. Insiders have sold 27,197 shares of company stock valued at $4,225,745 in the last ninety days. Corporate insiders own 1.74% of the company’s stock.

Institutional Trading of D.R. Horton

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Legal Advantage Investments Inc. raised its holdings in D.R. Horton by 2.5% during the 4th quarter. Legal Advantage Investments Inc. now owns 3,075 shares of the construction company’s stock valued at $467,000 after buying an additional 75 shares during the period. Wealthsource Partners LLC increased its stake in D.R. Horton by 2.7% in the fourth quarter. Wealthsource Partners LLC now owns 2,926 shares of the construction company’s stock worth $445,000 after purchasing an additional 78 shares during the period. SRS Capital Advisors Inc. increased its stake in D.R. Horton by 2.2% in the third quarter. SRS Capital Advisors Inc. now owns 3,639 shares of the construction company’s stock worth $391,000 after purchasing an additional 79 shares during the period. FineMark National Bank & Trust increased its stake in D.R. Horton by 2.0% in the third quarter. FineMark National Bank & Trust now owns 4,035 shares of the construction company’s stock worth $434,000 after purchasing an additional 80 shares during the period. Finally, Tiemann Investment Advisors LLC increased its stake in D.R. Horton by 1.6% in the third quarter. Tiemann Investment Advisors LLC now owns 5,447 shares of the construction company’s stock worth $585,000 after purchasing an additional 85 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

DHI opened at $155.63 on Wednesday. The stock has a 50-day moving average price of $149.61 and a 200-day moving average price of $134.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.56 and a quick ratio of 1.20. The firm has a market cap of $51.64 billion, a PE ratio of 11.20, a P/E/G ratio of 0.93 and a beta of 1.64. D.R. Horton has a 1 year low of $94.22 and a 1 year high of $165.75.

D.R. Horton (NYSE:DHIGet Free Report) last posted its quarterly earnings results on Tuesday, January 23rd. The construction company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.88 by ($0.06). The company had revenue of $7.73 billion during the quarter, compared to analysts’ expectations of $7.55 billion. D.R. Horton had a return on equity of 21.06% and a net margin of 13.18%. D.R. Horton’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.76 EPS. Sell-side analysts predict that D.R. Horton will post 14.17 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Tuesday, February 6th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, February 5th. This represents a $1.20 annualized dividend and a dividend yield of 0.77%. D.R. Horton’s dividend payout ratio (DPR) is 8.63%.

About D.R. Horton

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D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.

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Analyst Recommendations for D.R. Horton (NYSE:DHI)

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