D.R. Horton, Inc. (NYSE:DHI) Receives $168.17 Consensus Price Target from Analysts

D.R. Horton, Inc. (NYSE:DHI) has earned a consensus rating of “Hold” from the fifteen research firms that are currently covering the firm, MarketBeat.com reports. Ten equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $168.1667.

Several equities analysts have recently commented on the company. Zelman & Associates raised D.R. Horton from a “neutral” rating to an “outperform” rating in a report on Tuesday, July 7th. BTIG Research set a $184.00 price target on D.R. Horton in a report on Wednesday, July 22nd. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research note on Tuesday, April 7th. UBS Group increased their target price on D.R. Horton from $193.00 to $206.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of D.R. Horton in a research note on Tuesday, July 21st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. First Manhattan CO. LLC. boosted its stake in D.R. Horton by 2.0% during the 4th quarter. First Manhattan CO. LLC. now owns 3,546 shares of the construction company’s stock valued at $511,000 after purchasing an additional 70 shares during the period. Deseret Mutual Benefit Administrators increased its position in D.R. Horton by 11.0% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 716 shares of the construction company’s stock worth $103,000 after buying an additional 71 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of D.R. Horton by 27.9% during the first quarter. Cornerstone Planning Group LLC now owns 330 shares of the construction company’s stock worth $48,000 after buying an additional 72 shares during the last quarter. AMG National Trust Bank lifted its holdings in shares of D.R. Horton by 0.7% during the fourth quarter. AMG National Trust Bank now owns 10,899 shares of the construction company’s stock worth $1,570,000 after buying an additional 74 shares during the last quarter. Finally, AdvisorShares Investments LLC boosted its position in shares of D.R. Horton by 2.4% in the fourth quarter. AdvisorShares Investments LLC now owns 3,336 shares of the construction company’s stock valued at $480,000 after acquiring an additional 77 shares during the period. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Price Performance

Shares of NYSE:DHI opened at $146.58 on Friday. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. D.R. Horton has a fifty-two week low of $131.75 and a fifty-two week high of $184.54. The firm has a 50-day simple moving average of $151.54 and a 200 day simple moving average of $150.21. The company has a market cap of $41.00 billion, a PE ratio of 13.95, a P/E/G ratio of 2.27 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.18. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. The firm had revenue of $9.23 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same quarter in the prior year, the business earned $3.36 earnings per share. D.R. Horton’s quarterly revenue was up .0% on a year-over-year basis. On average, sell-side analysts anticipate that D.R. Horton will post 10.47 EPS for the current year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, August 6th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 6th. D.R. Horton’s dividend payout ratio (DPR) is 17.13%.

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.