Wolfe Research Has Negative View of D.R. Horton Q4 Earnings

D.R. Horton, Inc. (NYSE:DHI - Free Report) - Analysts at Wolfe Research lowered their Q4 2025 EPS estimates for shares of D.R. Horton in a research report issued to clients and investors on Tuesday, April 22nd. Wolfe Research analyst T. Allinson now forecasts that the construction company will post earnings of $3.48 per share for the quarter, down from their prior estimate of $3.86. The consensus estimate for D.R. Horton's current full-year earnings is $13.04 per share.

A number of other equities research analysts have also recently issued reports on DHI. Barclays lowered their target price on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. BTIG Research lowered their target price on shares of D.R. Horton from $171.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. JMP Securities decreased their price target on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a report on Monday, April 21st. JPMorgan Chase & Co. decreased their price target on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Finally, Keefe, Bruyette & Woods decreased their price target on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a report on Tuesday, April 22nd. 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 assigned a strong buy rating to the stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Stock Performance

DHI stock traded up $0.60 during midday trading on Friday, reaching $125.16. 1,934,344 shares of the company's stock traded hands, compared to its average volume of 2,945,617. The company has a 50-day moving average price of $125.87 and a two-hundred day moving average price of $144.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. D.R. Horton has a 52 week low of $110.44 and a 52 week high of $199.85. The firm has a market capitalization of $38.45 billion, a PE ratio of 8.85, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61.

D.R. Horton (NYSE:DHI - Get Free Report) last issued 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 business had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same period in the previous year, the firm earned $3.52 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. grew its stake in shares of D.R. Horton by 7.3% in the third quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company's stock worth $339,174,000 after purchasing an additional 120,892 shares during the last quarter. Passumpsic Savings Bank bought a new stake in shares of D.R. Horton in the third quarter worth about $2,466,000. Virtu Financial LLC bought a new stake in shares of D.R. Horton in the third quarter worth about $2,942,000. Morse Asset Management Inc grew its stake in shares of D.R. Horton by 11.5% in the third quarter. Morse Asset Management Inc now owns 17,763 shares of the construction company's stock worth $3,389,000 after purchasing an additional 1,835 shares during the last quarter. Finally, SkyView Investment Advisors LLC grew its stake in shares of D.R. Horton by 3.8% in the third quarter. SkyView Investment Advisors LLC now owns 5,463 shares of the construction company's stock worth $1,042,000 after purchasing an additional 198 shares during the last quarter. 90.63% of the stock is owned by institutional investors.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.28%. D.R. Horton's dividend payout ratio (DPR) is currently 12.11%.

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.