D.R. Horton (NYSE:DHI) Price Target Cut to $114.00 by Analysts at Royal Bank Of Canada

D.R. Horton (NYSE:DHI) had its price objective reduced by Royal Bank Of Canada from $119.00 to $114.00 in a research report sent to investors on Friday,Benzinga reports. Royal Bank Of Canada currently has an underperform rating on the construction company’s stock.

Other analysts have also issued research reports about the stock. Melius Research began coverage on shares of D.R. Horton in a research report on Tuesday, October 6th. They issued a “sell” rating and a $128.00 price objective on the stock. Morgan Stanley started coverage on shares of D.R. Horton in a research report on Thursday, October 1st. They set an “equal weight” rating and a $151.00 price target on the stock. Bank of America cut their price target on shares of D.R. Horton from $150.00 to $145.00 in a research report on Wednesday, October 7th. Evercore decreased their price objective on D.R. Horton from $171.00 to $166.00 in a report on Thursday, October 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $182.00 target price (down from $190.00) on shares of D.R. Horton in a research report on Monday, October 12th. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $152.60.

D.R. Horton Trading Down 0.4%

NYSE DHI opened at $145.93 on Friday. D.R. Horton has a 52 week low of $130.40 and a 52 week high of $170.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 6.01. The stock’s 50 day moving average price is $140.76 and its two-hundred day moving average price is $147.70. The stock has a market capitalization of $40.82 billion, a price-to-earnings ratio of 14.39, a PEG ratio of 2.28 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, October 29th. The construction company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.34). The business had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $9.07 billion. D.R. Horton had a return on equity of 11.93% and a net margin of 8.74%. D.R. Horton’s revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business earned $3.04 earnings per share. As a group, analysts anticipate that D.R. Horton will post 11.35 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.4%. This is an increase from D.R. Horton’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, November 12th. D.R. Horton’s payout ratio is currently 17.13%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DHI. Rakuten Investment Management Inc. increased its position in D.R. Horton by 6.4% during the third quarter. Rakuten Investment Management Inc. now owns 45,730 shares of the construction company’s stock worth $6,375,000 after buying an additional 2,767 shares during the last quarter. AIA Group Ltd raised its stake in D.R. Horton by 222.6% in the third quarter. AIA Group Ltd now owns 37,195 shares of the construction company’s stock valued at $5,083,000 after buying an additional 25,665 shares during the period. Provenance Wealth Advisors LLC lifted its position in shares of D.R. Horton by 8,657.1% in the third quarter. Provenance Wealth Advisors LLC now owns 613 shares of the construction company’s stock valued at $84,000 after buying an additional 606 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of D.R. Horton in the third quarter valued at approximately $10,427,000. Finally, Cidel Asset Management Inc. boosted its stake 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 worth $639,000 after acquiring an additional 513 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting D.R. Horton

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

• Positive Sentiment: D.R. Horton declared a quarterly dividend of $0.50 per share, an 11.1% increase from $0.45, bringing the annualized dividend to $2.00 and signaling continued confidence in cash generation.
• Positive Sentiment: Fourth-quarter revenue reached $9.37 billion, exceeding the $9.07 billion analyst estimate. The company also controls 77% of its lot supply through purchase contracts, which may support future construction flexibility. D.R. Horton: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The company is investing in robotic homebuilding, a potential long-term productivity and cost advantage, although the financial impact is not yet clear. Inside giant homebuilder D.R. Horton’s bet on robotic homebuilding
• Negative Sentiment: Fiscal fourth-quarter earnings per share were $2.67, below the $3.01 consensus and down from $3.04 a year earlier. Revenue also declined 3.2% year over year, while a reported $91 million impairment further clouded results. D.R. Horton’s Q4 Earnings Miss on Weak Housing Demand, Sales Beat
• Negative Sentiment: Management warned that elevated mortgage rates are weakening demand, increasing cancellations and forcing greater buyer incentives, which is squeezing profitability. Its fiscal 2027 revenue outlook of $30 billion to $32 billion reflects a cautious operating environment. D.R. Horton Profit Down as Mortgage Rates Weigh
• Negative Sentiment: Analysts lowered their valuations: Royal Bank of Canada cut its price target to $114 and maintained an “underperform” rating, while Barclays reduced its target to $125 and kept an “equal weight” rating. The revisions reinforce concerns about earnings and housing demand.

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.