Evercore ISI Issues Positive Forecast for D.R. Horton (NYSE:DHI) Stock Price

D.R. Horton (NYSE:DHI) had its price target raised by investment analysts at Evercore ISI from $167.00 to $169.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “in-line” rating on the construction company’s stock. Evercore ISI’s target price indicates a potential upside of 7.31% from the company’s previous close.

Several other equities research analysts also recently issued reports on the stock. Bank of America cut their target price on shares of D.R. Horton from $162.00 to $158.00 and set a “neutral” rating for the company in a research note on Wednesday. UBS Group reaffirmed a “buy” rating and set a $193.00 price objective on shares of D.R. Horton in a research report on Tuesday. Keefe, Bruyette & Woods dropped their price objective on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating on the stock in a research report on Wednesday, October 29th. Royal Bank Of Canada lifted their target price on shares of D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a report on Wednesday, October 29th. Finally, Barclays cut their price objective on shares of D.R. Horton from $132.00 to $129.00 and set an “equal weight” rating for the company in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $160.92.

D.R. Horton Price Performance

D.R. Horton stock traded up $4.30 during mid-day trading on Wednesday, hitting $157.49. 987,916 shares of the company were exchanged, compared to its average volume of 3,834,812. The business has a fifty day moving average of $150.52 and a 200 day moving average of $154.98. D.R. Horton has a 1-year low of $110.44 and a 1-year high of $184.54. The company has a market capitalization of $45.85 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 2.35 and a beta of 1.42. The company has a quick ratio of 1.18, a current ratio of 6.48 and a debt-to-equity ratio of 0.24.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, January 20th. The construction company reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.05. The firm had revenue of $6.89 billion for the quarter, compared to analyst estimates of $6.66 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The company’s revenue was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.61 EPS. As a group, sell-side analysts expect that D.R. Horton will post 13.04 earnings per share for the current year.

Hedge Funds Weigh In On D.R. Horton

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital World Investors grew its holdings in D.R. Horton by 159.8% during the third quarter. Capital World Investors now owns 30,252,842 shares of the construction company’s stock valued at $5,126,995,000 after purchasing an additional 18,607,545 shares during the period. Norges Bank purchased a new stake in D.R. Horton in the second quarter valued at approximately $494,278,000. Capital International Investors purchased a new position in D.R. Horton in the third quarter worth $395,179,000. Boston Partners bought a new position in D.R. Horton in the third quarter valued at $274,784,000. Finally, Berkshire Hathaway Inc bought a new position in shares of D.R. Horton during the 2nd quarter valued at about $191,491,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton News Summary

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

• Positive Sentiment: Q1 results beat expectations — GAAP EPS of $2.03 and revenue of $6.89B topped Street estimates, and management said net orders increased (sales were helped by incentives). The company also declared a $0.45 quarterly dividend, supporting income investors. Read More.
• Neutral Sentiment: Analysts and transcripts — the Q1 earnings call transcript and multiple writeups are live (useful for parsing management commentary on orders, incentives and guidance). These resources help investors decide whether the beat is durable. Read More.
• Neutral Sentiment: Bank of America trimmed its price target from $162 to $158 and set a “neutral” rating — a mild analyst headwind but not bearish enough to signal conviction selling. Read More.
• Negative Sentiment: Margins and profitability are under pressure — WSJ and other outlets note that net income, EPS and revenue were down year‑over‑year (net income down ~30%, revenue down ~9–10%, EPS down ~22%), and management warned that elevated incentives and rate buy‑downs will pressure Q2 margins. That raises concern about near‑term earnings durability. Read More.
• Negative Sentiment: Analyst downgrades — Zacks moved DHI from “hold” to “strong sell,” signaling some firms are concerned about affordability headwinds and margin trajectory; that contributed to mixed sentiment post‑earnings. Read More.
• Negative Sentiment: Market reaction nuance — despite the quarter beating estimates, investors sold into the print in some venues given the YOY declines and that the recent order growth was driven by incentives, which may limit near‑term margin recovery. Read More.

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.