D.R. Horton (DHI) Receiving Somewhat Favorable Media Coverage, Study Shows
Press coverage about D.R. Horton (NYSE:DHI) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. D.R. Horton earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 46.0141706495379 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Millennials Want Minimal Homes – Seeking Alpha (seekingalpha.com)
- DR Horton vs PulteGroup: Which is a Better Investment Pick? – Nasdaq (nasdaq.com)
- D.R. Horton vs PulteGroup: Which is a Better Investment Pick? (finance.yahoo.com)
- Critical Comparison: DR Horton, Inc. (DHI) vs. Toll Brothers, Inc. (TOL) – StockNewsGazette (stocknewsgazette.com)
- D.R. Horton, Inc. – Value Analysis (NYSE:DHI) : August 30, 2017 (finance.yahoo.com)
Shares of D.R. Horton (DHI) opened at 36.15 on Friday. The stock’s 50 day moving average is $36.16 and its 200-day moving average is $33.99. The stock has a market capitalization of $13.53 billion, a price-to-earnings ratio of 13.54 and a beta of 1.25. D.R. Horton has a one year low of $26.69 and a one year high of $37.44.
D.R. Horton (NYSE:DHI) last posted its earnings results on Wednesday, July 26th. The construction company reported $0.76 EPS for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.01. The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.71 billion. D.R. Horton had a net margin of 7.38% and a return on equity of 14.19%. The company’s revenue was up 17.0% on a year-over-year basis. During the same period last year, the firm posted $0.66 EPS. On average, equities research analysts predict that D.R. Horton will post $2.78 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Monday, August 7th. D.R. Horton’s dividend payout ratio (DPR) is 15.04%.
D.R. Horton declared that its board has approved a share buyback plan on Wednesday, July 26th that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the construction company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.
DHI has been the topic of several analyst reports. BidaskClub raised shares of D.R. Horton from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Credit Suisse Group initiated coverage on shares of D.R. Horton in a report on Thursday, June 22nd. They issued an “outperform” rating and a $38.00 price target on the stock. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $38.00 price target on shares of D.R. Horton in a report on Tuesday, June 6th. Wedbush lifted their price target on shares of D.R. Horton to $36.00 and gave the stock an “outperform” rating in a report on Monday, June 5th. Finally, Royal Bank Of Canada lifted their price target on shares of D.R. Horton from $37.00 to $42.00 and gave the stock an “outperform” rating in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $36.59.
In related news, Director Barbara K. Allen sold 1,666 shares of the stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $36.03, for a total value of $60,025.98. Following the transaction, the director now directly owns 7,316 shares of the company’s stock, valued at approximately $263,595.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 7.20% of the company’s stock.
D.R. Horton Company Profile
D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.
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