Zacks Research Decreases Earnings Estimates for D.R. Horton

D.R. Horton, Inc. (NYSE:DHI - Free Report) - Equities researchers at Zacks Research dropped their Q1 2025 earnings estimates for D.R. Horton in a research report issued to clients and investors on Monday, November 11th. Zacks Research analyst S. Mukherjee now forecasts that the construction company will post earnings of $2.43 per share for the quarter, down from their previous estimate of $2.99. The consensus estimate for D.R. Horton's current full-year earnings is $15.01 per share. Zacks Research also issued estimates for D.R. Horton's Q1 2026 earnings at $2.88 EPS and FY2026 earnings at $15.63 EPS.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its 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). D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the company posted $4.45 earnings per share. The business's revenue for the quarter was down 4.7% compared to the same quarter last year.

A number of other equities analysts have also recently issued reports on the company. JMP Securities upped their target price on D.R. Horton from $170.00 to $210.00 and gave the stock a "market outperform" rating in a report on Friday, July 19th. Citigroup reduced their price target on D.R. Horton from $186.00 to $185.00 and set a "neutral" rating for the company in a research report on Wednesday, October 30th. Barclays dropped their price target on D.R. Horton from $200.00 to $192.00 and set an "overweight" rating for the company in a research note on Thursday, October 31st. Wedbush upgraded D.R. Horton from an "underperform" rating to a "neutral" rating and set a $165.00 target price on the stock in a report on Tuesday, October 15th. Finally, Evercore ISI lowered their price objective on D.R. Horton from $218.00 to $204.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, D.R. Horton currently has an average rating of "Hold" and a consensus price target of $185.87.

D.R. Horton Stock Performance

Shares of DHI stock traded down $4.37 during trading on Tuesday, reaching $163.09. 1,727,210 shares of the company's stock were exchanged, compared to its average volume of 2,510,883. The firm's fifty day moving average price is $184.20 and its 200-day moving average price is $166.61. The stock has a market capitalization of $53.14 billion, a PE ratio of 11.67, a PEG ratio of 0.57 and a beta of 1.74. D.R. Horton has a twelve month low of $121.16 and a twelve 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.

Institutional Trading of D.R. Horton

Several large investors have recently added to or reduced their stakes in the business. Atomi Financial Group Inc. boosted its position in shares of D.R. Horton by 15.2% during the first quarter. Atomi Financial Group Inc. now owns 1,918 shares of the construction company's stock worth $316,000 after acquiring an additional 253 shares during the last quarter. NorthRock Partners LLC grew its holdings in D.R. Horton by 9.8% during the 1st quarter. NorthRock Partners LLC now owns 2,514 shares of the construction company's stock worth $414,000 after acquiring an additional 225 shares in the last quarter. Entropy Technologies LP bought a new position in D.R. Horton during the 1st quarter worth about $1,193,000. Patton Fund Management Inc. bought a new stake in shares of D.R. Horton in the 1st quarter valued at about $6,488,000. Finally, State Board of Administration of Florida Retirement System boosted its holdings in shares of D.R. Horton by 7.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 384,958 shares of the construction company's stock valued at $63,345,000 after buying an additional 28,084 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

D.R. Horton declared that its board has initiated a stock repurchase plan on Thursday, July 18th that permits the company to repurchase $4.00 billion in shares. This repurchase authorization permits the construction company to repurchase up to 6.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

D.R. Horton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.40 per share. The ex-dividend date is Tuesday, November 12th. This represents a $1.60 annualized dividend and a yield of 0.98%. This is a positive change from D.R. Horton's previous quarterly dividend of $0.30. D.R. Horton's payout ratio is presently 11.14%.

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.