D.R. Horton (NYSE:DHI) Price Target Cut to $167.00 by Analysts at Keefe, Bruyette & Woods

D.R. Horton (NYSE:DHI) had its price objective reduced by Keefe, Bruyette & Woods from $175.00 to $167.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a market perform rating on the construction company’s stock.

DHI has been the subject of several other research reports. Citigroup reiterated a “neutral” rating on shares of D.R. Horton in a research report on Wednesday. Truist Financial raised their price objective on shares of D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, April 22nd. BTIG Research set a $184.00 price objective on shares of D.R. Horton in a report on Wednesday. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Finally, Barclays increased their target price on shares of D.R. Horton from $140.00 to $141.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $168.17.

D.R. Horton Price Performance

Shares of NYSE:DHI opened at $142.24 on Wednesday. D.R. Horton has a 52 week low of $131.75 and a 52 week high of $184.54. The company has a 50-day moving average price of $150.57 and a 200 day moving average price of $150.42. The company has a market cap of $40.34 billion, a P/E ratio of 13.53, a PEG ratio of 2.01 and a beta of 1.36. The company has a quick ratio of 0.97, a current ratio of 2.64 and a debt-to-equity ratio of 0.27.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.18. The company had revenue of $9.23 billion for the quarter, compared to analysts’ expectations of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.36 EPS. Research analysts predict that D.R. Horton will post 10.6 earnings per share for the current year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, August 6th will be given a $0.45 dividend. The ex-dividend date is Thursday, August 6th. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. D.R. Horton’s payout ratio is currently 17.13%.

Hedge Funds Weigh In On D.R. Horton

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Core Wealth Advisors LLC acquired a new stake in shares of D.R. Horton in the fourth quarter valued at approximately $25,000. Sound Income Strategies LLC acquired a new position in shares of D.R. Horton during the 4th quarter worth approximately $27,000. Osbon Capital Management LLC purchased a new stake in D.R. Horton in the 4th quarter valued at approximately $26,000. Elevated Capital Advisors LLC purchased a new stake in D.R. Horton in the 4th quarter valued at approximately $27,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in D.R. Horton during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Key D.R. Horton News

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: D.R. Horton beat fiscal Q3 estimates, posting $3.20 EPS on $9.23 billion in revenue, which came in above Wall Street expectations and showed the business is still generating strong cash flow and home closings.
• Positive Sentiment: Analysts at some firms raised their forecasts after the results, suggesting the quarter was better than feared and that valuation still offers some support for the stock. Article Title
• Neutral Sentiment: Keefe, Bruyette & Woods lowered its price target to $167 from $175 but kept a market perform rating, while RBC nudged its target to $125 and maintained an underperform view, reinforcing a mixed analyst read on the stock.
• Neutral Sentiment: Commentary around the quarter emphasized affordability, inventory discipline, and ongoing mortgage-rate uncertainty, which suggests D.R. Horton is still navigating a challenging housing backdrop rather than seeing a clean demand recovery. Article Title
• Negative Sentiment: Management cut full-year revenue and home-closing guidance, and multiple headlines pointed to margin pressure from incentives and tariffs, which is weighing on investor sentiment despite the earnings beat. Article Title
• Negative Sentiment: Several reports noted that buyers are still hesitating and that the outlook remains sluggish, keeping pressure on shares as the market questions how quickly demand can improve. Article Title

About D.R. Horton

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.