D.R. Horton (NYSE:DHI) Issues Earnings Results

D.R. Horton (NYSE:DHI - Get Free Report) posted its quarterly earnings data on Tuesday. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24, Zacks reports. The firm had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7,120,170 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. D.R. Horton's revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.82 EPS. D.R. Horton updated its FY 2025 guidance to EPS.

D.R. Horton Trading Down 2.7 %

D.R. Horton stock traded down $4.04 during mid-day trading on Tuesday, hitting $143.61. The company's stock had a trading volume of 5,986,606 shares, compared to its average volume of 3,510,686. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.61 and a current ratio of 7.32. The company has a 50 day moving average of $151.46 and a 200-day moving average of $169.11. D.R. Horton has a one year low of $133.02 and a one year high of $199.85. The stock has a market cap of $46.08 billion, a PE ratio of 10.00, a P/E/G ratio of 0.56 and a beta of 1.75.

D.R. Horton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.11%. This is an increase from D.R. Horton's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, November 12th. D.R. Horton's dividend payout ratio is presently 11.14%.

Insider Transactions at D.R. Horton

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 value of $921,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on DHI shares. BTIG Research dropped their target price on shares of D.R. Horton from $190.00 to $186.00 and set a "buy" rating for the company in a report on Wednesday, October 30th. Raymond James downgraded D.R. Horton from an "outperform" rating to a "market perform" rating in a research note on Thursday, November 7th. Citigroup lowered their target price on shares of D.R. Horton from $185.00 to $152.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. Evercore ISI cut their target price on shares of D.R. Horton from $218.00 to $204.00 and set an "outperform" rating for the company in a research note on Wednesday, October 30th. Finally, StockNews.com raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $176.20.

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.