Recent Analysts’ Ratings Changes for D. R. Horton (DHI)

D. R. Horton (NYSE: DHI) has recently received a number of price target changes and ratings updates:

  • 11/15/2019 – D. R. Horton had its price target raised by analysts at SunTrust Banks, Inc. from $60.00 to $68.00. They now have a “buy” rating on the stock.
  • 11/13/2019 – D. R. Horton had its price target raised by analysts at Wells Fargo & Co from $54.00 to $67.00. They now have an “outperform” rating on the stock.
  • 11/13/2019 – D. R. Horton was downgraded by analysts at Buckingham Research from a “buy” rating to a “neutral” rating. They now have a $58.00 price target on the stock.
  • 11/13/2019 – D. R. Horton had its price target raised by analysts at BTIG Research from $62.00 to $67.00. They now have a “buy” rating on the stock.
  • 10/10/2019 – D. R. Horton was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

D. R. Horton stock traded down $0.13 during mid-day trading on Tuesday, reaching $54.72. The stock had a trading volume of 615,922 shares, compared to its average volume of 5,139,866. D. R. Horton Inc has a one year low of $32.39 and a one year high of $55.80. The company has a 50-day moving average price of $53.43 and a two-hundred day moving average price of $48.65. The company has a market capitalization of $20.40 billion, a price-to-earnings ratio of 12.76, a PEG ratio of 1.03 and a beta of 1.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 7.25 and a quick ratio of 1.35.

D. R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, November 12th. The construction company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.10. The business had revenue of $5.04 billion during the quarter, compared to analysts’ expectations of $4.86 billion. D. R. Horton had a net margin of 9.20% and a return on equity of 16.63%. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.22 earnings per share. On average, equities research analysts anticipate that D. R. Horton Inc will post 4.88 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Wednesday, November 27th will be issued a $0.175 dividend. This is a positive change from D. R. Horton’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, November 26th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.28%. D. R. Horton’s dividend payout ratio (DPR) is presently 16.32%.

In other news, Director Barbara K. Allen sold 470 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $55.36, for a total transaction of $26,019.20. Following the transaction, the director now directly owns 6,120 shares of the company’s stock, valued at $338,803.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 6.87% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NuWave Investment Management LLC boosted its stake in shares of D. R. Horton by 97.7% during the 3rd quarter. NuWave Investment Management LLC now owns 690 shares of the construction company’s stock worth $36,000 after acquiring an additional 341 shares during the last quarter. Liberty Wealth Management LLC purchased a new position in shares of D. R. Horton during the 3rd quarter valued at about $39,000. Quest Capital Management Inc. ADV bought a new position in shares of D. R. Horton during the 3rd quarter valued at approximately $43,000. Motco bought a new position in shares of D. R. Horton during the 2nd quarter valued at approximately $41,000. Finally, Ibex Wealth Advisors purchased a new stake in D. R. Horton in the 2nd quarter worth approximately $41,000. Institutional investors own 83.89% of the company’s stock.

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.

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