D.R. Horton (NYSE:DHI) Announces Quarterly Earnings Results

D.R. Horton (NYSE:DHI) released its quarterly earnings results on Tuesday. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24, Zacks reports. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7,120,170 billion. During the same quarter in the prior year, the company posted $2.82 EPS. The firm’s revenue was down 1.5% on a year-over-year basis. D.R. Horton updated its FY 2025 guidance to EPS.

D.R. Horton Stock Performance

NYSE DHI opened at $143.61 on Wednesday. The firm has a 50-day moving average price of $151.46 and a two-hundred day moving average price of $169.11. D.R. Horton has a 12-month low of $133.02 and a 12-month high of $199.85. The company has a market capitalization of $46.08 billion, a P/E ratio of 10.00, a P/E/G ratio of 0.56 and a beta of 1.75. The company has a quick ratio of 1.61, a current ratio of 7.32 and a debt-to-equity ratio of 0.23.

D.R. Horton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.11%. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.30. The ex-dividend date was Tuesday, November 12th. D.R. Horton’s dividend payout ratio (DPR) is currently 11.14%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DHI. UBS Group cut their target price on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company decreased their target price on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Evercore ISI lowered their price objective on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada decreased their price target on D.R. Horton from $154.00 to $145.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $176.20.

Insider Activity

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is owned by company insiders.

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.