D.R. Horton (NYSE:DHI) Posts Earnings Results, Beats Estimates By $0.24 EPS

D.R. Horton (NYSE:DHI) announced its earnings results on Tuesday. The construction company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.24, Zacks reports. D.R. Horton had a net margin of 12.69% and a return on equity of 18.55%. The firm had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7,120,170 billion. During the same period in the prior year, the firm earned $2.82 EPS. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. D.R. Horton updated its FY 2025 guidance to EPS.

D.R. Horton Stock Up 2.3 %

Shares of D.R. Horton stock opened at $147.01 on Thursday. The business’s 50 day simple moving average is $151.09 and its 200-day simple moving average is $169.16. The stock has a market capitalization of $47.17 billion, a price-to-earnings ratio of 10.39, a PEG ratio of 0.54 and a beta of 1.75. The company has a current ratio of 7.32, a quick ratio of 1.61 and a debt-to-equity ratio of 0.23. D.R. Horton has a twelve month low of $133.02 and a twelve month high of $199.85.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 7th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Insiders Place Their Bets

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

DHI has been the topic of a number of analyst reports. BTIG Research reduced their price objective on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. JMP Securities reaffirmed a “market outperform” rating and issued a $210.00 price target on shares of D.R. Horton in a report on Wednesday. Raymond James downgraded shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Wells Fargo & Company lowered their price target on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 17th. Finally, StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $174.53.

About D.R. Horton

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.