Citigroup Cuts D.R. Horton (NYSE:DHI) Price Target to $163.00

D.R. Horton (NYSE:DHI) had its price objective cut by Citigroup from $175.00 to $163.00 in a research report report published on Wednesday,Benzinga reports. They currently have a neutral rating on the construction company’s stock.

Several other equities analysts have also issued reports on the stock. Wall Street Zen upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. UBS Group lifted their price target on shares of D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday. Royal Bank Of Canada lifted their price target on shares of D.R. Horton from $117.00 to $118.00 and gave the company an “underperform” rating in a research note on Wednesday. Wedbush lifted their price target on shares of D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and a consensus target price of $157.38.

D.R. Horton Price Performance

DHI stock opened at $149.08 on Wednesday. The firm has a market cap of $44.44 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 3.09 and a beta of 1.40. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. D.R. Horton has a 12-month low of $110.44 and a 12-month high of $184.54. The company’s fifty day simple moving average is $165.25 and its 200 day simple moving average is $144.26.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.29 by ($0.25). The firm had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. D.R. Horton’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.92 EPS. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, analysts expect that D.R. Horton will post 13.04 earnings per share for the current year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, November 13th. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s payout ratio is presently 13.81%.

Insider Transactions at D.R. Horton

In other news, Director Michael R. Buchanan sold 1,000 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the completion of the sale, the director directly owned 1,193 shares of the company’s stock, valued at $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Aron M. Odom sold 1,376 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,376 shares of company stock valued at $5,898,848 over the last three months. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On D.R. Horton

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in D.R. Horton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock worth $4,279,706,000 after purchasing an additional 642,642 shares in the last quarter. State Street Corp grew its position in D.R. Horton by 0.7% in the 2nd quarter. State Street Corp now owns 12,636,264 shares of the construction company’s stock worth $1,629,067,000 after purchasing an additional 92,219 shares in the last quarter. Norges Bank bought a new stake in D.R. Horton in the 2nd quarter worth about $494,278,000. Dimensional Fund Advisors LP grew its position in D.R. Horton by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock worth $446,093,000 after purchasing an additional 33,412 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in D.R. Horton by 16.4% in the 2nd quarter. Franklin Resources Inc. now owns 3,200,176 shares of the construction company’s stock worth $412,567,000 after purchasing an additional 450,362 shares in the last quarter. 90.63% of the stock is owned by institutional investors.

D.R. Horton Company Profile

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.