What is Wedbush’s Forecast for D.R. Horton Q1 Earnings?

D.R. Horton, Inc. (NYSE:DHI) – Investment analysts at Wedbush reduced their Q1 2026 earnings per share estimates for shares of D.R. Horton in a note issued to investors on Tuesday, October 28th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings of $1.81 per share for the quarter, down from their prior estimate of $2.19. Wedbush has a “Neutral” rating and a $170.00 price objective on the stock. The consensus estimate for D.R. Horton’s current full-year earnings is $13.04 per share. Wedbush also issued estimates for D.R. Horton’s Q2 2026 earnings at $2.43 EPS, Q3 2026 earnings at $3.26 EPS and Q1 2027 earnings at $2.01 EPS.

Several other analysts have also recently commented on the stock. Wells Fargo & Company lifted their price objective on shares of D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Keefe, Bruyette & Woods decreased their target price on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a research report on Wednesday. Evercore ISI set a $169.00 target price on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a report on Wednesday, October 8th. Finally, Citigroup reissued a “market outperform” rating on shares of D.R. Horton in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, D.R. Horton has a consensus rating of “Hold” and a consensus target price of $157.38.

D.R. Horton Stock Performance

Shares of NYSE DHI opened at $149.18 on Thursday. The company has a current ratio of 6.48, a quick ratio of 1.19 and a debt-to-equity ratio of 0.24. D.R. Horton has a 12 month low of $110.44 and a 12 month high of $184.54. The company has a 50 day simple moving average of $165.68 and a two-hundred day simple moving average of $144.06. The stock has a market cap of $44.47 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 3.09 and a beta of 1.40.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, October 28th. The construction company reported $3.04 EPS for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. During the same period last year, the firm earned $3.92 EPS. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS.

D.R. Horton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s payout ratio is currently 13.81%.

Insider Buying and Selling

In other news, SVP Aron M. Odom sold 1,376 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the transaction, the senior vice president directly owned 6,457 shares of the company’s stock, valued at $1,181,631. This represents a 17.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman David V. Auld sold 30,000 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the transaction, the chairman owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 32,376 shares of company stock valued at $5,898,848. 0.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of D.R. Horton by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock worth $4,279,706,000 after purchasing an additional 642,642 shares during the last quarter. State Street Corp raised its holdings in shares of D.R. Horton by 0.7% during the second quarter. State Street Corp now owns 12,636,264 shares of the construction company’s stock valued at $1,629,067,000 after acquiring an additional 92,219 shares during the last quarter. Norges Bank acquired a new position in shares of D.R. Horton during the second quarter valued at approximately $494,278,000. Dimensional Fund Advisors LP raised its holdings in shares of D.R. Horton by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock valued at $446,093,000 after acquiring an additional 33,412 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of D.R. Horton by 16.4% during the second quarter. Franklin Resources Inc. now owns 3,200,176 shares of the construction company’s stock valued at $412,567,000 after acquiring an additional 450,362 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

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.