D. R. Horton (NYSE:DHI) received a $40.00 price target from analysts at Mizuho in a research report issued on Thursday. The brokerage currently has a “hold” rating on the construction company’s stock. Mizuho’s price target suggests a potential upside of 19.12% from the stock’s previous close.

Several other research firms have also recently weighed in on DHI. KeyCorp set a $54.00 target price on shares of D. R. Horton and gave the company a “buy” rating in a research note on Friday, July 27th. Evercore ISI raised shares of D. R. Horton from an “in-line” rating to an “outperform” rating in a research note on Friday, July 27th. JMP Securities decreased their target price on shares of D. R. Horton from $56.00 to $52.00 and set a “market outperform” rating for the company in a research note on Friday, July 27th. MKM Partners decreased their target price on shares of D. R. Horton to $52.00 and set a “neutral” rating for the company in a research note on Friday, August 3rd. Finally, Wedbush reissued an “outperform” rating and issued a $47.00 target price on shares of D. R. Horton in a research note on Friday, September 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $48.07.

Shares of DHI opened at $33.58 on Thursday. The company has a market cap of $13.06 billion, a PE ratio of 8.21, a price-to-earnings-growth ratio of 0.64 and a beta of 1.26. D. R. Horton has a twelve month low of $32.53 and a twelve month high of $53.32. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.25 and a quick ratio of 1.31.

D. R. Horton (NYSE:DHI) last released its earnings results on Thursday, November 8th. The construction company reported $1.22 earnings per share for the quarter, meeting the consensus estimate of $1.22. D. R. Horton had a net margin of 9.09% and a return on equity of 18.27%. The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.56 billion. During the same period last year, the business earned $0.82 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. As a group, sell-side analysts expect that D. R. Horton will post 4.4 EPS for the current fiscal year.

In other D. R. Horton news, Director Michael W. Hewatt sold 3,000 shares of D. R. Horton stock in a transaction on Friday, August 24th. The shares were sold at an average price of $45.01, for a total transaction of $135,030.00. Following the completion of the transaction, the director now directly owns 11,000 shares of the company’s stock, valued at $495,110. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 7.20% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of DHI. Global Thematic Partners LLC acquired a new stake in shares of D. R. Horton during the second quarter worth $54,919,000. Janus Henderson Group PLC lifted its holdings in shares of D. R. Horton by 35.0% during the second quarter. Janus Henderson Group PLC now owns 4,285,926 shares of the construction company’s stock worth $175,723,000 after buying an additional 1,111,840 shares in the last quarter. Federated Investors Inc. PA lifted its holdings in shares of D. R. Horton by 454.7% during the second quarter. Federated Investors Inc. PA now owns 1,337,099 shares of the construction company’s stock worth $54,821,000 after buying an additional 1,096,050 shares in the last quarter. Capital Growth Management LP acquired a new stake in shares of D. R. Horton during the third quarter worth $40,493,000. Finally, Bank of Nova Scotia lifted its holdings in shares of D. R. Horton by 1,546.8% during the second quarter. Bank of Nova Scotia now owns 716,869 shares of the construction company’s stock worth $29,392,000 after buying an additional 673,339 shares in the last quarter. 83.98% of the stock is owned by institutional investors.

D. R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 79 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Homes.

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Analyst Recommendations for D. R. Horton (NYSE:DHI)

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