Melius Research Predicts D.R. Horton Q1 Earnings

D.R. Horton, Inc. (NYSE:DHI – Free Report) – Equities researchers at Melius Research issued their Q1 2027 earnings per share estimates for shares of D.R. Horton in a research report issued on Tuesday, November 3rd. Melius Research analyst M. Rehaut anticipates that the construction company will post earnings per share of $1.24 for the quarter. Melius Research currently has a “Sell” rating and a $128.00 price objective on the stock. The consensus estimate for D.R. Horton’s current full-year earnings is $10.48 per share. Melius Research also issued estimates for D.R. Horton’s Q2 2027 earnings at $1.91 EPS, Q3 2027 earnings at $2.14 EPS, Q4 2027 earnings at $2.31 EPS, FY2027 earnings at $7.57 EPS, FY2028 earnings at $9.12 EPS and FY2029 earnings at $12.31 EPS.

D.R. Horton (NYSE:DHI – Get Free Report) last announced its quarterly earnings data 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). D.R. Horton had a return on equity of 11.93% and a net margin of 8.74%. The firm had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.07 billion. During the same period in the previous year, the business posted $3.04 EPS. D.R. Horton’s revenue for the quarter was down 3.2% compared to the same quarter last year.

Other analysts have also recently issued research reports about the stock. Truist Financial lowered 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. Zacks Research cut shares of D.R. Horton from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $160.00 to $152.00 in a report on Thursday, October 22nd. Barclays lowered their price objective on D.R. Horton from $130.00 to $125.00 and set an “equal weight” rating on the stock in a research note on Friday, October 30th. Finally, Citigroup increased their target price on D.R. Horton from $150.00 to $152.00 and gave the stock a “neutral” rating in a report on Monday, November 2nd. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $151.33.

Get Our Latest Research Report on DHI

D.R. Horton Trading Down 1.6%

Shares of D.R. Horton stock opened at $147.23 on Thursday. D.R. Horton has a 52-week low of $130.40 and a 52-week high of $170.79. The firm has a market capitalization of $41.18 billion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 1.75 and a beta of 1.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 6.01 and a quick ratio of 0.95. The company’s fifty day moving average price is $141.58 and its two-hundred day moving average price is $147.51.

D.R. Horton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Thursday, November 12th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 12th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.45. D.R. Horton’s payout ratio is currently 19.72%.

Institutional Investors Weigh In On D.R. Horton

Hedge funds have recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. increased its position in shares of D.R. Horton by 9,250.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 187 shares of the construction company’s stock worth $26,000 after purchasing an additional 185 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in D.R. Horton in the third quarter valued at about $2,851,000. Beta Wealth Group Inc. boosted its position in D.R. Horton by 7.2% in the third quarter. Beta Wealth Group Inc. now owns 4,504 shares of the construction company’s stock valued at $615,000 after buying an additional 301 shares in the last quarter. Private Wealth Asset Management LLC boosted its position in D.R. Horton by 1,021.7% in the third quarter. Private Wealth Asset Management LLC now owns 32,361 shares of the construction company’s stock valued at $4,422,000 after buying an additional 29,476 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in D.R. Horton by 21.2% during the third quarter. Private Advisor Group LLC now owns 16,837 shares of the construction company’s stock worth $2,301,000 after buying an additional 2,940 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Trending Headlines about D.R. Horton

Here are a few of the latest headlines about DHI:

  • Negative Sentiment: Melius Research reiterated a Sell rating and set a $128 price target, below the $147.23 price cited in the report. Its forecasts project FY2027 EPS of $7.57 and FY2028 EPS of $9.12, followed by a recovery to $12.31 in FY2029. The firm also estimated quarterly FY2027 EPS of $1.24, $1.91, $2.14 and $2.31. The below-market target and lower near-term earnings outlook may weigh on sentiment. D.R. Horton analyst information
  • Negative Sentiment: Zacks Research downgraded D.R. Horton from “Hold” to “Strong Sell,” adding to concerns about the shares. Zacks Research ratings
  • Negative Sentiment: A separate analyst overview notes D.R. Horton has underperformed the broader market over the past year and that analysts remain cautious about its prospects. Do Wall Street Analysts Like D.R. Horton Stock?

About D.R. Horton

(Get Free Report)

D.R. Horton, Inc. is a U.S. homebuilder founded in 1978 by Donald R. Horton. Headquartered in Arlington, Texas, the company builds and sells homes in markets across the United States. Its homebuilding business offers single-family homes and townhomes for buyers with a range of needs and budgets. D.R. Horton markets homes under brands including D.R. Horton, Express, Emerald and Freedom, which serves active-adult buyers. The company also provides mortgage financing and title services to homebuyers through its financial-services operations, and has a home-rental business.

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Earnings History and Estimates for D.R. Horton (NYSE:DHI)

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