D.R. Horton, Inc. (NYSE:DHI) Short Interest Update

D.R. Horton, Inc. (NYSE:DHI - Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 6,070,000 shares, a decline of 16.5% from the March 15th total of 7,270,000 shares. Based on an average trading volume of 3,860,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.2% of the company's stock are short sold.

Hedge Funds Weigh In On D.R. Horton

A number of institutional investors have recently bought and sold shares of the business. Nemes Rush Group LLC increased its holdings in shares of D.R. Horton by 74.5% in the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in D.R. Horton in the 4th quarter valued at about $30,000. Rosenberg Matthew Hamilton lifted its position in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after acquiring an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of D.R. Horton during the fourth quarter worth approximately $38,000. Finally, Sierra Ocean LLC acquired a new position in shares of D.R. Horton in the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Stock Up 1.0 %

Shares of NYSE:DHI traded up $1.27 during trading on Thursday, hitting $126.06. 3,309,297 shares of the company's stock traded hands, compared to its average volume of 2,940,684. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton has a 52 week low of $110.44 and a 52 week high of $199.85. The company has a 50-day moving average price of $126.07 and a 200-day moving average price of $145.93. The company has a market cap of $39.72 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61.

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 (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same period in the prior year, the business posted $3.52 EPS. As a group, research analysts forecast that D.R. Horton will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be given a dividend of $0.40 per share. The ex-dividend date is Friday, May 2nd. This represents a $1.60 annualized dividend and a yield of 1.27%. D.R. Horton's dividend payout ratio (DPR) is presently 12.11%.

Analyst Ratings Changes

A number of analysts have recently issued reports on DHI shares. Wedbush reissued a "neutral" rating and issued a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. Barclays cut their price objective on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Monday. JMP Securities decreased their price target on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a report on Monday. Bank of America lowered their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, Wells Fargo & Company decreased their price objective on D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $151.15.

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.