D.R. Horton, Inc. (NYSE:DHI) Receives Average Rating of “Hold” from Analysts

D.R. Horton, Inc. (NYSE:DHI) has been given an average rating of “Hold” by the sixteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $159.9333.

Several equities research analysts recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a report on Monday, December 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $195.00 target price on shares of D.R. Horton in a research report on Tuesday, January 13th. Keefe, Bruyette & Woods restated a “reduce” rating on shares of D.R. Horton in a report on Tuesday, January 27th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $155.00 price objective (down from $180.00) on shares of D.R. Horton in a research note on Tuesday, January 6th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of D.R. Horton in a research report on Wednesday, January 7th.

Insiders Place Their Bets

In related news, SVP Aron M. Odom sold 260 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $167.55, for a total transaction of $43,563.00. Following the completion of the transaction, the senior vice president directly owned 6,457 shares of the company’s stock, valued at $1,081,870.35. This trade represents a 3.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.66% of the stock is owned by insiders.

Institutional Investors Weigh In On D.R. Horton

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Hemington Wealth Management boosted its holdings in D.R. Horton by 22.1% in the third quarter. Hemington Wealth Management now owns 353 shares of the construction company’s stock valued at $59,000 after acquiring an additional 64 shares during the last quarter. Apella Capital LLC lifted its position in shares of D.R. Horton by 0.8% in the 3rd quarter. Apella Capital LLC now owns 8,578 shares of the construction company’s stock worth $1,454,000 after purchasing an additional 69 shares during the period. Mutual Advisors LLC boosted its stake in shares of D.R. Horton by 4.0% in the 3rd quarter. Mutual Advisors LLC now owns 1,819 shares of the construction company’s stock valued at $288,000 after purchasing an additional 70 shares during the last quarter. First Manhattan CO. LLC. increased its position in shares of D.R. Horton by 2.0% during the fourth quarter. First Manhattan CO. LLC. now owns 3,546 shares of the construction company’s stock worth $511,000 after buying an additional 70 shares during the period. Finally, Physician Wealth Advisors Inc. boosted its position in D.R. Horton by 17.8% during the third quarter. Physician Wealth Advisors Inc. now owns 471 shares of the construction company’s stock valued at $80,000 after acquiring an additional 71 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Price Performance

Shares of DHI stock opened at $152.64 on Wednesday. The business has a fifty day simple moving average of $154.91 and a 200 day simple moving average of $157.57. The company has a market cap of $44.22 billion, a P/E ratio of 13.86, a P/E/G ratio of 2.38 and a beta of 1.43. The company has a quick ratio of 0.98, a current ratio of 6.63 and a debt-to-equity ratio of 0.23. D.R. Horton has a twelve month low of $110.44 and a twelve month high of $184.54.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, January 20th. The construction company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.98 by $0.05. D.R. Horton had a return on equity of 13.51% and a net margin of 9.95%.The firm had revenue of $6.89 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the previous year, the firm earned $2.61 earnings per share. The business’s quarterly revenue was down 9.5% on a year-over-year basis. On average, sell-side analysts forecast that D.R. Horton will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, February 5th were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s payout ratio is currently 16.35%.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.