D.R. Horton (DHI) Projected to Post Quarterly Earnings on Thursday

D.R. Horton (NYSE:DHI - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $2.69 per share and revenue of $8.07 billion for the quarter. D.R. Horton has set its FY 2025 guidance at EPS.Parties that are interested in registering for the company's conference call can do so using this link.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24. The business had revenue of $7.61 billion during the quarter, compared to analysts' expectations of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company posted $2.82 earnings per share. On average, analysts expect D.R. Horton to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

D.R. Horton Stock Up 1.6 %

Shares of NYSE DHI traded up $1.87 during trading hours on Friday, hitting $119.74. The stock had a trading volume of 3,642,476 shares, compared to its average volume of 2,904,602. D.R. Horton has a 52 week low of $110.44 and a 52 week high of $199.85. The firm's 50-day moving average price is $127.68 and its two-hundred day moving average price is $149.41. The company has a market capitalization of $37.73 billion, a P/E ratio of 8.46, a P/E/G ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92.

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D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.34%. D.R. Horton's payout ratio is 11.31%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Citigroup cut their price target on shares of D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. Wedbush restated a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a report on Friday, January 17th. Barclays reduced their price target on shares of D.R. Horton from $145.00 to $120.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company decreased their target price on shares of D.R. Horton from $190.00 to $175.00 and set an "overweight" rating for the company in a research report on Tuesday, December 17th. Finally, StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a report on Saturday, January 25th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $169.14.

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.