D.R. Horton (NYSE:DHI) Stock Price Target Lowered at Barclays

D.R. Horton (NYSE:DHI) had its target price reduced by investment analysts at Barclays from $130.00 to $125.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “equal weight” rating on the construction company’s stock. Barclays‘s price objective would indicate a potential downside of 14.34% from the stock’s current price.

Several other equities research analysts also recently weighed in on the company. Royal Bank Of Canada cut their price target on D.R. Horton from $125.00 to $119.00 and set an “underperform” rating on the stock in a report on Thursday, October 15th. Evercore lowered their price objective on D.R. Horton from $171.00 to $166.00 in a research report on Thursday, October 8th. Truist Financial cut their target price on shares of D.R. Horton from $150.00 to $140.00 and set a “hold” rating on the stock in a research note on Wednesday, September 16th. Keefe, Bruyette & Woods reduced their target price on shares of D.R. Horton from $160.00 to $152.00 in a report on Thursday, October 22nd. Finally, BTIG Research reaffirmed a “buy” rating and set a $174.00 price target (down from $184.00) on shares of D.R. Horton in a report on Tuesday, September 22nd. Five equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $152.93.

D.R. Horton Stock Down 0.4%

Shares of DHI stock traded down $0.61 during trading on Friday, reaching $145.92. The company’s stock had a trading volume of 401,973 shares, compared to its average volume of 2,717,234. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. The company has a market capitalization of $40.81 billion, a price-to-earnings ratio of 13.86, a P/E/G ratio of 2.23 and a beta of 1.35. The stock’s 50-day moving average price is $140.80 and its 200 day moving average price is $147.77. D.R. Horton has a 1-year low of $130.40 and a 1-year high of $170.79.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, October 29th. The construction company reported $2.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.34). D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%. The business had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.07 billion. During the same quarter last year, the company earned $3.04 earnings per share. D.R. Horton’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, research analysts anticipate that D.R. Horton will post 10.43 EPS for the current year.

Institutional Investors Weigh In On D.R. Horton

Several hedge funds have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of D.R. Horton in the 3rd quarter valued at $10,427,000. Cidel Asset Management Inc. raised its holdings in shares of D.R. Horton by 12.3% during the 3rd quarter. Cidel Asset Management Inc. now owns 4,676 shares of the construction company’s stock valued at $639,000 after buying an additional 513 shares during the period. Unison Advisors LLC lifted its position in shares of D.R. Horton by 0.3% during the third quarter. Unison Advisors LLC now owns 39,398 shares of the construction company’s stock worth $5,384,000 after purchasing an additional 115 shares in the last quarter. Greatmark Investment Partners Inc. acquired a new position in D.R. Horton in the 3rd quarter worth $228,000. Finally, Verdence Capital Advisors LLC grew its stake in D.R. Horton by 12.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 18,513 shares of the construction company’s stock valued at $2,530,000 after purchasing an additional 2,086 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton News Summary

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

• Positive Sentiment: D.R. Horton reported fourth-quarter revenue of $9.37 billion, exceeding the $9.07 billion analyst consensus. The company also raised its quarterly dividend 11.1% to $0.50 per share, or $2.00 annually, signaling continued confidence in cash generation. D.R. Horton Full-Year Earnings Results
• Positive Sentiment: The homebuilder maintained a solid balance sheet, with a reported current ratio of 6.43 and debt-to-equity ratio of 0.29. These metrics could help D.R. Horton continue offering incentives and managing through a softer housing market.
• Neutral Sentiment: Management forecast fiscal 2027 revenue of approximately $30 billion to $32 billion. The outlook reflects expectations for continued demand challenges but provides investors with a framework for performance as mortgage conditions evolve. D.R. Horton Fiscal 2027 Revenue Outlook
• Negative Sentiment: Fourth-quarter earnings per share declined to $2.67 from $3.04 a year earlier and missed the $3.01 consensus estimate. Revenue also fell 3.2% year over year, indicating that higher sales volume did not translate into comparable profitability. D.R. Horton Q4 Earnings Miss
• Negative Sentiment: Elevated mortgage rates weakened orders, increased cancellations and pressured demand. Management warned that these conditions could persist into fiscal 2027, while a $91 million impairment charge further weighed on quarterly results. D.R. Horton Profit and Mortgage Rates

D.R. Horton Company Profile

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.