D.R. Horton, Inc. (NYSE:DHI) Given Average Recommendation of "Hold" by Analysts

Shares of D.R. Horton, Inc. (NYSE:DHI - Get Free Report) have earned an average recommendation of "Hold" from the sixteen brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $170.93.

DHI has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their target price on 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. Seaport Res Ptn raised D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Wedbush reissued a "neutral" rating and issued a $180.00 target price on shares of D.R. Horton in a research report on Friday, January 17th. Bank of America lowered D.R. Horton from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $160.00 to $150.00 in a research report on Monday, January 27th. Finally, Barclays cut their price target on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 22nd.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DHI. Nemes Rush Group LLC boosted its stake in D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares during the period. Golden State Wealth Management LLC bought a new position in D.R. Horton in the 4th quarter worth approximately $30,000. Rosenberg Matthew Hamilton boosted its stake in D.R. Horton by 152.8% in the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after purchasing an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in D.R. Horton in the 4th quarter worth approximately $38,000. Finally, Sierra Ocean LLC bought a new position in D.R. Horton in the 4th quarter worth approximately $43,000. 90.63% of the stock is currently owned by institutional investors.

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D.R. Horton Stock Down 1.8 %

Shares of DHI traded down $2.36 during trading hours on Wednesday, hitting $128.77. The company had a trading volume of 7,753,727 shares, compared to its average volume of 2,688,377. The firm has a fifty day moving average price of $134.42 and a 200-day moving average price of $157.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The stock has a market capitalization of $40.58 billion, a price-to-earnings ratio of 9.10, a P/E/G ratio of 0.54 and a beta of 1.80. D.R. Horton has a 52-week low of $124.23 and a 52-week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping analysts' consensus estimates of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the previous year, the firm earned $2.82 EPS. D.R. Horton's revenue was down 1.5% on a year-over-year basis. On average, equities research analysts forecast that D.R. Horton will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed 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 was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. D.R. Horton's dividend payout ratio (DPR) is presently 11.31%.

About D.R. Horton

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.