D.R. Horton (NYSE:DHI) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS

D.R. Horton (NYSE:DHI) released its earnings results on Tuesday. The construction company reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.05, Zacks reports. The business had revenue of $6.89 billion during the quarter, compared to the consensus estimate of $6.66 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%.

D.R. Horton Stock Performance

Shares of DHI opened at $156.02 on Tuesday. D.R. Horton has a one year low of $110.44 and a one year high of $184.54. The company has a market cap of $45.42 billion, a PE ratio of 13.46, a P/E/G ratio of 1.87 and a beta of 1.42. The stock has a 50-day moving average of $150.39 and a 200-day moving average of $154.83. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.18.

D.R. Horton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th were given a dividend of $0.45 per share. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s payout ratio is currently 15.53%.

Institutional Investors Weigh In On D.R. Horton

Several hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. raised its position in shares of D.R. Horton by 18.1% during the third quarter. Invesco Ltd. now owns 3,372,020 shares of the construction company’s stock worth $571,456,000 after purchasing an additional 517,752 shares during the period. Viking Global Investors LP increased its stake in D.R. Horton by 108.3% during the 2nd quarter. Viking Global Investors LP now owns 2,827,032 shares of the construction company’s stock valued at $364,461,000 after purchasing an additional 1,469,978 shares in the last quarter. AQR Capital Management LLC raised its holdings in D.R. Horton by 69.8% during the third quarter. AQR Capital Management LLC now owns 1,823,284 shares of the construction company’s stock worth $307,387,000 after buying an additional 749,701 shares during the last quarter. Boston Partners acquired a new position in D.R. Horton during the third quarter worth $274,784,000. Finally, Worldquant Millennium Advisors LLC lifted its stake in shares of D.R. Horton by 221.1% in the second quarter. Worldquant Millennium Advisors LLC now owns 560,482 shares of the construction company’s stock valued at $72,257,000 after buying an additional 385,925 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on DHI. UBS Group decreased their price objective on shares of D.R. Horton from $195.00 to $191.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. BTIG Research began coverage on D.R. Horton in a report on Monday, December 1st. They set a “buy” rating and a $186.00 price target for the company. The Goldman Sachs Group reissued a “buy” rating and issued a $195.00 price objective on shares of D.R. Horton in a research report on Tuesday, January 13th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $161.62.

Key Headlines Impacting D.R. Horton

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: Q1 results beat — GAAP EPS $2.03 (beat by $0.11) and revenue ~$6.89B (beat by ~$240M), underlying the upside to earnings expectations. D.R. Horton GAAP EPS of $2.03 beats by $0.11, revenue of $6.89B beats by $240M
• Positive Sentiment: Net income and dividend — reported net income of $594.8M and the company declared a $0.45 quarterly dividend, a shareholder-friendly move that supports the stock. D.R. Horton, Inc., America’s Builder, Reports Fiscal 2026 First-Quarter Earnings and Declares Quarterly Dividend of 0.45 Per Share
• Positive Sentiment: Market reaction — analysts and early coverage note shares jumped after the beat, driven by stronger-than-expected home sales in the quarter despite demand headwinds. DHI Earnings: DR Horton Stock Jumps as Higher Home Sales Deliver Q1 Beat
• Positive Sentiment: Company stance — D.R. Horton reaffirmed its FY26 outlook, which reduces near-term forecast uncertainty after the quarter. Earnings Snapshot: D.R. Horton tops FQ1 estimates; reaffirms FY26 outlook
• Neutral Sentiment: Press snapshot summaries and previews provide context on the quarter and expectations ahead of the release. D.R. Horton: Fiscal Q1 Earnings Snapshot
• Neutral Sentiment: Macro watch — analysts warn that mortgage rates and potential housing policy changes could have larger influence on DHI than any single quarter. America’s Largest Home Builder Reports Earnings Tuesday. Policy Takes Priority.
• Negative Sentiment: Profit pressure and incentives — coverage notes first-quarter profit declined and the company used large incentives to drive sales, signaling ongoing affordability headwinds that could compress margins if conditions persist. D.R. Horton Profit Falls as Housing Market Awaits Turnaround

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.