Royal Bank Of Canada Issues Positive Forecast for D.R. Horton (NYSE:DHI) Stock Price

D.R. Horton (NYSE:DHI) had its target price boosted by Royal Bank Of Canada from $123.00 to $125.00 in a research note issued to investors on Wednesday morning,Benzinga reports. Royal Bank Of Canada currently has an underperform rating on the construction company’s stock.

Several other equities analysts have also recently weighed in on DHI. The Goldman Sachs Group reissued a “buy” rating on shares of D.R. Horton in a report on Tuesday. Wells Fargo & Company lifted their price objective on D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Citigroup reiterated a “neutral” rating on shares of D.R. Horton in a research report on Wednesday. Seaport Research Partners reissued a “neutral” rating on shares of D.R. Horton in a report on Tuesday, April 7th. Finally, Truist Financial boosted their price target on D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, April 22nd. Five research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $168.17.

D.R. Horton Trading Down 0.9%

DHI opened at $142.24 on Wednesday. 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 has a 52 week low of $131.75 and a 52 week high of $184.54. The stock has a market cap of $40.34 billion, a PE ratio of 13.53, a PEG ratio of 2.01 and a beta of 1.36. The business has a 50 day moving average of $150.57 and a 200-day moving average of $150.42.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.18. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. The business had revenue of $9.23 billion for the quarter, compared to analysts’ expectations of $9.10 billion. During the same quarter in the prior year, the company earned $3.36 earnings per share. The business’s revenue was up .0% compared to the same quarter last year. Equities research analysts predict that D.R. Horton will post 10.6 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

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

Institutional Investors Weigh In On D.R. Horton

Large investors have recently added to or reduced their stakes in the stock. Regent Peak Wealth Advisors LLC bought a new position in shares of D.R. Horton during the 2nd quarter valued at approximately $283,000. Tema ETFs LLC boosted its stake in D.R. Horton by 7.3% during the second quarter. Tema ETFs LLC now owns 4,283 shares of the construction company’s stock worth $698,000 after buying an additional 290 shares during the period. Handelsbanken Fonder AB boosted its stake in D.R. Horton by 9.5% during the second quarter. Handelsbanken Fonder AB now owns 97,777 shares of the construction company’s stock worth $15,926,000 after buying an additional 8,497 shares during the period. Everpar Advisors LLC bought a new position in D.R. Horton during the second quarter valued at $214,000. Finally, Chemistry Wealth Management LLC raised its stake in shares of D.R. Horton by 3.0% in the second quarter. Chemistry Wealth Management LLC now owns 3,098 shares of the construction company’s stock valued at $505,000 after acquiring an additional 91 shares during the period. 90.63% of the stock is owned by institutional investors.

More 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

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.