FY2024 EPS Estimates for D.R. Horton, Inc. Boosted by Zacks Research (NYSE:DHI)

D.R. Horton, Inc. (NYSE:DHI) – Zacks Research raised their FY2024 earnings per share (EPS) estimates for D.R. Horton in a research note issued on Friday, April 26th. Zacks Research analyst S. Mukherjee now expects that the construction company will earn $14.46 per share for the year, up from their previous estimate of $13.93. The consensus estimate for D.R. Horton’s current full-year earnings is $14.31 per share. Zacks Research also issued estimates for D.R. Horton’s Q2 2025 earnings at $3.61 EPS, Q4 2025 earnings at $4.31 EPS, FY2025 earnings at $14.99 EPS, Q1 2026 earnings at $3.42 EPS, Q2 2026 earnings at $4.05 EPS and FY2026 earnings at $16.42 EPS.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.44. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The company’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.73 earnings per share.

Several other equities research analysts have also weighed in on DHI. Barclays reduced their target price on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Keefe, Bruyette & Woods dropped their price target on D.R. Horton from $175.00 to $172.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 24th. The Goldman Sachs Group lifted their price target on D.R. Horton from $150.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. JMP Securities lifted their price target on D.R. Horton from $140.00 to $170.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 24th. Finally, Citigroup lifted their price target on D.R. Horton from $166.00 to $191.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, D.R. Horton currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.06.

D.R. Horton Trading Up 0.8 %

Shares of D.R. Horton stock opened at $145.33 on Monday. The company has a quick ratio of 1.38, a current ratio of 7.35 and a debt-to-equity ratio of 0.24. The firm has a market cap of $47.86 billion, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 0.72 and a beta of 1.64. The business has a fifty day simple moving average of $151.99 and a 200-day simple moving average of $140.55. D.R. Horton has a fifty-two week low of $100.08 and a fifty-two week high of $165.75.

Hedge Funds Weigh In On D.R. Horton

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Legal Advantage Investments Inc. lifted its stake in shares of D.R. Horton by 2.5% during the fourth quarter. Legal Advantage Investments Inc. now owns 3,075 shares of the construction company’s stock valued at $467,000 after acquiring an additional 75 shares during the period. First Hawaiian Bank lifted its stake in shares of D.R. Horton by 0.5% during the first quarter. First Hawaiian Bank now owns 16,035 shares of the construction company’s stock valued at $2,639,000 after acquiring an additional 75 shares during the period. Checchi Capital Advisers LLC lifted its stake in shares of D.R. Horton by 2.0% during the first quarter. Checchi Capital Advisers LLC now owns 3,799 shares of the construction company’s stock valued at $625,000 after acquiring an additional 76 shares during the period. Wealthsource Partners LLC lifted its stake in shares of D.R. Horton by 2.7% during the fourth quarter. Wealthsource Partners LLC now owns 2,926 shares of the construction company’s stock valued at $445,000 after acquiring an additional 78 shares during the period. Finally, SRS Capital Advisors Inc. lifted its stake in shares of D.R. Horton by 2.2% during the third quarter. SRS Capital Advisors Inc. now owns 3,639 shares of the construction company’s stock valued at $391,000 after acquiring an additional 79 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 449 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the sale, the director now directly owns 5,650 shares in the company, valued at $844,053.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other D.R. Horton news, Director Barbara K. Allen sold 449 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the transaction, the director now owns 5,650 shares of the company’s stock, valued at $844,053.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total value of $3,908,250.00. Following the completion of the transaction, the insider now directly owns 773,121 shares in the company, valued at approximately $120,862,005.93. The disclosure for this sale can be found here. Insiders have sold 27,560 shares of company stock worth $4,279,636 over the last three months. Company insiders own 1.74% of the company’s stock.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, May 1st. D.R. Horton’s dividend payout ratio (DPR) is 8.17%.

About D.R. Horton

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.