D.R. Horton (DHI) Expected to Announce Earnings on Tuesday

D.R. Horton (NYSE:DHI - Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, January 21st. Analysts expect the company to announce earnings of $2.37 per share and revenue of $7,120,170.00 billion for the quarter. D.R. Horton has set its FY 2025 guidance at EPS.Persons that wish to listen to the company's earnings conference call can do so using this link.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing analysts' consensus estimates of $4.17 by ($0.25). The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.22 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The firm's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $4.45 earnings per share. On average, analysts expect D.R. Horton to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

D.R. Horton Price Performance

NYSE DHI traded up $1.23 on Friday, reaching $147.83. 3,860,157 shares of the stock traded hands, compared to its average volume of 2,746,466. D.R. Horton has a 12 month low of $133.02 and a 12 month high of $199.85. The company has a quick ratio of 1.61, a current ratio of 7.32 and a debt-to-equity ratio of 0.23. The firm's fifty day simple moving average is $151.85 and its 200 day simple moving average is $169.02. The company has a market cap of $47.43 billion, a price-to-earnings ratio of 10.29, a P/E/G ratio of 0.51 and a beta of 1.75.

D.R. Horton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were paid a $0.40 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. This is a boost from D.R. Horton's previous quarterly dividend of $0.30. D.R. Horton's payout ratio is currently 11.14%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays reduced their target price on D.R. Horton from $170.00 to $150.00 and set an "equal weight" rating for the company in a report on Thursday. JPMorgan Chase & Co. downgraded shares of D.R. Horton from a "neutral" rating to an "underweight" rating and dropped their target price for the stock from $188.00 to $156.00 in a research report on Friday, December 13th. UBS Group reduced their price target on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. Wedbush reissued a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a research note on Friday. Finally, Citigroup decreased their target price on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $176.20.

Insider Activity

In related news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

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.