FY2024 EPS Estimates for D.R. Horton, Inc. Boosted by Zacks Research (NYSE:DHI)

D.R. Horton, Inc. (NYSE:DHI) – Equities research analysts at Zacks Research boosted their FY2024 earnings per share (EPS) estimates for D.R. Horton in a research note issued on Friday, April 26th. Zacks Research analyst S. Mukherjee now expects that the construction company will earn $14.46 per share for the year, up from their previous estimate of $13.93. The consensus estimate for D.R. Horton’s current full-year earnings is $14.31 per share. Zacks Research also issued estimates for D.R. Horton’s Q2 2025 earnings at $3.61 EPS, Q4 2025 earnings at $4.31 EPS, FY2025 earnings at $14.99 EPS, Q1 2026 earnings at $3.42 EPS, Q2 2026 earnings at $4.05 EPS and FY2026 earnings at $16.42 EPS.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, beating the consensus estimate of $3.08 by $0.44. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The business had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $8.15 billion. During the same quarter in the prior year, the business earned $2.73 earnings per share. D.R. Horton’s revenue for the quarter was up 14.2% on a year-over-year basis.

Several other equities research analysts also recently issued reports on DHI. Citigroup increased their target price on D.R. Horton from $166.00 to $191.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Barclays dropped their target price on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating on the stock in a research report on Friday, April 19th. Wedbush restated an “underperform” rating and set a $130.00 target price on shares of D.R. Horton in a research report on Thursday, April 18th. JMP Securities upped their price target on shares of D.R. Horton from $140.00 to $170.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 24th. Finally, The Goldman Sachs Group upped their price target on shares of D.R. Horton from $150.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. Two analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $158.06.

D.R. Horton Price Performance

D.R. Horton stock opened at $145.33 on Monday. The company has a market cap of $47.86 billion, a price-to-earnings ratio of 9.89, a PEG ratio of 0.72 and a beta of 1.64. The business’s 50 day simple moving average is $151.99 and its 200 day simple moving average is $140.55. D.R. Horton has a 12 month low of $100.08 and a 12 month high of $165.75. The company has a current ratio of 7.35, a quick ratio of 1.38 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On D.R. Horton

A number of large investors have recently added to or reduced their stakes in the stock. Evergreen Capital Management LLC raised its position in shares of D.R. Horton by 53.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 9,992 shares of the construction company’s stock valued at $1,074,000 after purchasing an additional 3,489 shares during the period. Voss Capital LLC bought a new position in D.R. Horton in the 4th quarter worth $7,599,000. Los Angeles Capital Management LLC boosted its holdings in D.R. Horton by 390.6% in the 3rd quarter. Los Angeles Capital Management LLC now owns 743,311 shares of the construction company’s stock worth $79,884,000 after buying an additional 591,787 shares during the period. SteelPeak Wealth LLC bought a new position in D.R. Horton in the 3rd quarter worth $218,000. Finally, Handelsbanken Fonder AB boosted its holdings in D.R. Horton by 20.5% in the 4th quarter. Handelsbanken Fonder AB now owns 97,275 shares of the construction company’s stock worth $14,784,000 after buying an additional 16,573 shares during the period. Institutional investors own 90.63% of the company’s stock.

Insider Activity

In other news, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the completion of the transaction, the insider now directly owns 773,121 shares in the company, valued at $120,862,005.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider David V. Auld sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the completion of the sale, the insider now owns 773,121 shares of the company’s stock, valued at $120,862,005.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barbara K. Allen sold 449 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $149.39, for a total transaction of $67,076.11. Following the sale, the director now directly owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,560 shares of company stock worth $4,279,636. Insiders own 1.74% of the company’s stock.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.20 annualized dividend and a dividend yield of 0.83%. D.R. Horton’s payout ratio is 8.17%.

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.