2 weeks Ago By ABMN Staff
StockNews.com downgraded shares of D.R.
Horton ( NYSE:DHI – Free Report ) from a hold rating to a sell rating in a research note published on Tuesday. A number of other analysts also recently commented on the company. Wells Fargo & Company lowered their target price on D.
R. Horton from $175.00 to $160.
00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. JMP Securities lowered their price objective on D.R.
Horton from $210.00 to $180.00 and set a “market outperform” rating on the stock in a research report on Monday.
Bank of America cut their target price on shares of D.R. Horton from $150.
00 to $125.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 UBS Group lowered their price target on shares of D.
R. Horton from $214.00 to $203.
00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Barclays cut their price objective on shares of D.R.
Horton from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Monday.
Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, D.
R. Horton has a consensus rating of “Hold” and an average target price of $151.15.
Read Our Latest Stock Report on DHI D.R. Horton Trading Up 3.
3 % D.R. Horton ( NYSE:DHI – Get Free Report ) last announced its earnings results on Thursday, April 17th.
The construction company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.
11). D.R.
Horton had a return on equity of 18.48% and a net margin of 12.69%.
The business had revenue of $7.73 billion for the quarter, compared to analysts’ expectations of $8.07 billion.
During the same quarter last year, the firm earned $3.52 earnings per share. As a group, equities research analysts anticipate that D.
R. Horton will post 13.04 earnings per share for the current fiscal year.
D.R. Horton Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th.
Stockholders of record on Friday, May 2nd will be paid a $0.40 dividend. This represents a $1.
60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Friday, May 2nd.
D.R. Horton’s dividend payout ratio is presently 12.
11%. Hedge Funds Weigh In On D.R.
Horton A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in D.R.
Horton by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company’s stock valued at $1,009,077,000 after purchasing an additional 127,606 shares in the last quarter.
Norges Bank acquired a new stake in shares of D.R. Horton in the 4th quarter valued at about $593,363,000.
Franklin Resources Inc. lifted its position in shares of D.R.
Horton by 71.5% during the fourth quarter. Franklin Resources Inc.
now owns 3,574,409 shares of the construction company’s stock worth $499,774,000 after purchasing an additional 1,490,648 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in D.R.
Horton by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,475,995 shares of the construction company’s stock worth $485,984,000 after purchasing an additional 72,161 shares in the last quarter.
Finally, Northern Trust Corp raised its stake in D.R. Horton by 15.
8% during the fourth quarter. Northern Trust Corp now owns 3,375,050 shares of the construction company’s stock valued at $471,899,000 after buying an additional 460,804 shares in the last quarter. Hedge funds and other institutional investors own 90.
63% of the company’s stock. About D.R.
Horton ( Get Free Report ) 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. Featured Stories Receive News & Ratings for D.
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