Shares of D. R. Horton Inc (NYSE:DHI) have earned a consensus rating of “Buy” from the nineteen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $47.23.
A number of brokerages have issued reports on DHI. JMP Securities set a $79.00 price target on shares of LGI Homes and gave the company a “buy” rating in a report on Tuesday, April 9th. Susquehanna Bancshares began coverage on shares of Dow Chemical in a report on Wednesday, April 17th. They issued a “positive” rating on the stock. Royal Bank of Canada set a $147.00 price target on shares of Ameriprise Financial and gave the company a “hold” rating in a report on Friday, April 26th. Buckingham Research lifted their price target on shares of PulteGroup from $28.00 to $31.00 and gave the company a “neutral” rating in a report on Tuesday, April 16th. Finally, KeyCorp reduced their price target on shares of G-III Apparel Group from $52.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, June 6th.
Several large investors have recently modified their holdings of the business. River & Mercantile Asset Management LLP purchased a new position in shares of D. R. Horton during the 4th quarter worth about $2,436,000. Norges Bank purchased a new position in shares of D. R. Horton during the 4th quarter worth about $115,236,000. Millennium Management LLC boosted its stake in shares of D. R. Horton by 20.2% during the 4th quarter. Millennium Management LLC now owns 3,272,712 shares of the construction company’s stock worth $113,432,000 after purchasing an additional 550,463 shares during the period. Swiss National Bank boosted its stake in shares of D. R. Horton by 2.5% during the 1st quarter. Swiss National Bank now owns 1,193,274 shares of the construction company’s stock worth $49,378,000 after purchasing an additional 29,500 shares during the period. Finally, Evermay Wealth Management LLC boosted its stake in shares of D. R. Horton by 5.1% during the 1st quarter. Evermay Wealth Management LLC now owns 8,211 shares of the construction company’s stock worth $340,000 after purchasing an additional 401 shares during the period. 87.16% of the stock is owned by institutional investors and hedge funds.
NYSE DHI traded down $0.24 on Friday, reaching $45.00. The company had a trading volume of 2,211,719 shares, compared to its average volume of 3,629,082. The company has a debt-to-equity ratio of 0.38, a current ratio of 7.27 and a quick ratio of 0.83. The stock has a market cap of $16.79 billion, a PE ratio of 11.00, a PEG ratio of 1.05 and a beta of 1.12. The stock’s 50 day moving average is $44.49. D. R. Horton has a 12 month low of $32.39 and a 12 month high of $47.02.
D. R. Horton (NYSE:DHI) last announced its quarterly earnings results on Thursday, April 25th. The construction company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.04 billion. D. R. Horton had a net margin of 9.39% and a return on equity of 16.96%. D. R. Horton’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 EPS. Equities research analysts expect that D. R. Horton will post 3.91 earnings per share for the current fiscal year.
About D. R. Horton
D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.
Featured Article: What are the most popular ETFs
Receive News & Ratings for D. R. Horton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D. R. Horton and related companies with MarketBeat.com's FREE daily email newsletter.