D.R. Horton (NYSE:DHI) Issues Earnings Results

D.R. Horton (NYSE:DHI) posted its quarterly earnings data on Tuesday. The construction company reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.05, Zacks reports. The company had revenue of $6.89 billion during the quarter, compared to analysts’ expectations of $6.66 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%.

D.R. Horton Stock Performance

Shares of DHI opened at $156.02 on Tuesday. The stock has a market capitalization of $45.42 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 1.87 and a beta of 1.42. The business’s fifty day moving average price is $150.39 and its 200 day moving average price is $154.83. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.18. D.R. Horton has a 12-month low of $110.44 and a 12-month high of $184.54.

D.R. Horton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 13th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s dividend payout ratio is currently 15.53%.

Analysts Set New Price Targets

A number of brokerages recently commented on DHI. Evercore ISI set a $169.00 price target on D.R. Horton and gave the company an “in-line” rating in a report on Tuesday, October 7th. UBS Group cut their target price on D.R. Horton from $195.00 to $191.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. Bank of America decreased their price target on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a research note on Monday, December 29th. Finally, BTIG Research started coverage on shares of D.R. Horton in a research note on Monday, December 1st. They set a “buy” rating and a $186.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $161.62.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Boston Partners acquired a new position in shares of D.R. Horton in the 3rd quarter valued at about $274,784,000. Viking Global Investors LP boosted its stake in D.R. Horton by 108.3% in the second quarter. Viking Global Investors LP now owns 2,827,032 shares of the construction company’s stock valued at $364,461,000 after acquiring an additional 1,469,978 shares during the period. AQR Capital Management LLC grew its holdings in shares of D.R. Horton by 69.8% during the third quarter. AQR Capital Management LLC now owns 1,823,284 shares of the construction company’s stock valued at $307,387,000 after purchasing an additional 749,701 shares during the last quarter. Invesco Ltd. raised its position in shares of D.R. Horton by 18.1% during the 3rd quarter. Invesco Ltd. now owns 3,372,020 shares of the construction company’s stock worth $571,456,000 after purchasing an additional 517,752 shares during the period. Finally, Zurich Insurance Group Ltd FI bought a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $72,027,000. 90.63% of the stock is currently owned by institutional investors.

Key Headlines Impacting D.R. Horton

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: Q1 results beat — GAAP EPS $2.03 (beat by $0.11) and revenue ~$6.89B (beat by ~$240M), underlying the upside to earnings expectations. D.R. Horton GAAP EPS of $2.03 beats by $0.11, revenue of $6.89B beats by $240M
• Positive Sentiment: Net income and dividend — reported net income of $594.8M and the company declared a $0.45 quarterly dividend, a shareholder-friendly move that supports the stock. D.R. Horton, Inc., America’s Builder, Reports Fiscal 2026 First-Quarter Earnings and Declares Quarterly Dividend of 0.45 Per Share
• Positive Sentiment: Market reaction — analysts and early coverage note shares jumped after the beat, driven by stronger-than-expected home sales in the quarter despite demand headwinds. DHI Earnings: DR Horton Stock Jumps as Higher Home Sales Deliver Q1 Beat
• Positive Sentiment: Company stance — D.R. Horton reaffirmed its FY26 outlook, which reduces near-term forecast uncertainty after the quarter. Earnings Snapshot: D.R. Horton tops FQ1 estimates; reaffirms FY26 outlook
• Neutral Sentiment: Press snapshot summaries and previews provide context on the quarter and expectations ahead of the release. D.R. Horton: Fiscal Q1 Earnings Snapshot
• Neutral Sentiment: Macro watch — analysts warn that mortgage rates and potential housing policy changes could have larger influence on DHI than any single quarter. America’s Largest Home Builder Reports Earnings Tuesday. Policy Takes Priority.
• Negative Sentiment: Profit pressure and incentives — coverage notes first-quarter profit declined and the company used large incentives to drive sales, signaling ongoing affordability headwinds that could compress margins if conditions persist. D.R. Horton Profit Falls as Housing Market Awaits Turnaround

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.