Zacks Research Has Negative View of D.R. Horton Q2 Earnings

D.R. Horton, Inc. (NYSE:DHI) – Zacks Research dropped their Q2 2027 earnings estimates for shares of D.R. Horton in a report released on Monday, May 5th. Zacks Research analyst S. Mukherjee now expects that the construction company will post earnings per share of $3.40 for the quarter, down from their prior estimate of $3.68. The consensus estimate for D.R. Horton’s current full-year earnings is $13.04 per share.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.11). D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The business had revenue of $7.73 billion for the quarter, compared to analysts’ expectations of $8.07 billion. During the same quarter in the prior year, the firm posted $3.52 EPS.

DHI has been the subject of a number of other research reports. Wedbush reiterated a “neutral” rating and issued a $180.00 target price on shares of D.R. Horton in a research report on Friday, January 17th. JPMorgan Chase & Co. cut their price objective on D.R. Horton from $132.00 to $111.00 and set an “underweight” rating for the company in a report on Monday, April 21st. Wells Fargo & Company reduced their price objective on D.R. Horton from $175.00 to $160.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Keefe, Bruyette & Woods dropped their target price on D.R. Horton from $165.00 to $135.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 22nd. Finally, JMP Securities reduced their price target on D.R. Horton from $210.00 to $180.00 and set a “market outperform” rating for the company in a report on Monday, April 21st. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $151.15.

D.R. Horton Price Performance

NYSE DHI opened at $123.87 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The firm has a market capitalization of $38.05 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. The company has a 50 day simple moving average of $125.40 and a 200-day simple moving average of $141.18. D.R. Horton has a 52-week low of $110.44 and a 52-week high of $199.85.

Institutional Trading of D.R. Horton

Several hedge funds have recently added to or reduced their stakes in the business. Golden State Equity Partners increased its position in D.R. Horton by 435.6% during the fourth quarter. Golden State Equity Partners now owns 3,899 shares of the construction company’s stock worth $545,000 after acquiring an additional 3,171 shares during the period. Pensionfund Sabic grew its position in D.R. Horton by 70.2% in the 4th quarter. Pensionfund Sabic now owns 9,700 shares of the construction company’s stock worth $1,356,000 after purchasing an additional 4,000 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of D.R. Horton by 10.9% during the 4th quarter. Park Avenue Securities LLC now owns 28,056 shares of the construction company’s stock worth $3,923,000 after purchasing an additional 2,767 shares during the period. Park National Corp OH raised its position in shares of D.R. Horton by 8.9% during the fourth quarter. Park National Corp OH now owns 212,815 shares of the construction company’s stock valued at $29,756,000 after buying an additional 17,441 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of D.R. Horton by 15.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company’s stock valued at $2,086,000 after buying an additional 2,003 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Friday, May 2nd. D.R. Horton’s payout ratio is 12.11%.

D.R. Horton Company Profile

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.