Royal Bank Of Canada Forecasts Strong Price Appreciation for D.R. Horton (NYSE:DHI) Stock

D.R. Horton (NYSE:DHI) had its price objective upped by equities research analysts at Royal Bank Of Canada from $117.00 to $118.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “underperform” rating on the construction company’s stock. Royal Bank Of Canada’s target price suggests a potential downside of 20.90% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Bank of America reduced 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. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. UBS Group increased their target price on shares of D.R. Horton from $187.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday. Keefe, Bruyette & Woods increased their target price on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research report on Thursday, July 24th. Finally, Wells Fargo & Company increased their target price on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $157.38.

D.R. Horton Price Performance

DHI opened at $149.18 on Wednesday. The firm has a market cap of $44.47 billion, a P/E ratio of 12.87, a PEG ratio of 3.09 and a beta of 1.40. The firm has a 50-day moving average of $165.68 and a 200 day moving average of $144.06. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.19 and a current ratio of 6.48. D.R. Horton has a fifty-two week low of $110.44 and a fifty-two week high of $184.54.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing the consensus estimate of $3.29 by ($0.25). The company had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. D.R. Horton’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.92 EPS. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts expect that D.R. Horton will post 13.04 EPS for the current year.

Insider Activity

In other news, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the transaction, the senior vice president directly owned 6,457 shares in the company, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael R. Buchanan sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the completion of the transaction, the director owned 1,193 shares of the company’s stock, valued at $215,622.82. This trade represents a 45.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 32,376 shares of company stock worth $5,898,848. 0.54% of the stock is owned by company insiders.

Hedge Funds Weigh In On D.R. Horton

Large investors have recently modified their holdings of the company. Norges Bank purchased a new stake in D.R. Horton in the second quarter valued at approximately $494,278,000. Pacer Advisors Inc. raised its stake in D.R. Horton by 4,630.6% in the first quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company’s stock valued at $214,984,000 after purchasing an additional 1,655,309 shares in the last quarter. Berkshire Hathaway Inc purchased a new stake in D.R. Horton in the second quarter valued at approximately $191,491,000. Viking Global Investors LP raised 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 purchasing an additional 1,469,978 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in D.R. Horton by 42.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,827,694 shares of the construction company’s stock valued at $378,628,000 after purchasing an additional 846,085 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

D.R. Horton Company Profile

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.