Shares of D. R. Horton Inc (NYSE:DHI) have earned an average recommendation of “Buy” from the eighteen research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $47.03.

DHI has been the topic of several research analyst reports. Keefe, Bruyette & Woods downgraded D. R. Horton from an “outperform” rating to a “market perform” rating in a research note on Friday, January 11th. ValuEngine downgraded D. R. Horton from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. Credit Suisse Group reaffirmed a “buy” rating and set a $46.00 price objective on shares of D. R. Horton in a research note on Friday, January 11th. Wedbush set a $41.00 price objective on D. R. Horton and gave the stock a “buy” rating in a research note on Friday, January 25th. Finally, JMP Securities raised their price objective on D. R. Horton from $44.00 to $49.00 and gave the stock a “market outperform” rating in a research note on Tuesday.

D. R. Horton stock traded up $0.29 during mid-day trading on Friday, hitting $43.69. 106,801 shares of the company’s stock were exchanged, compared to its average volume of 6,338,711. The company has a market capitalization of $16.26 billion, a PE ratio of 10.67, a PEG ratio of 0.94 and a beta of 1.24. D. R. Horton has a fifty-two week low of $32.39 and a fifty-two week high of $46.91. The company has a current ratio of 6.85, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36.

D. R. Horton (NYSE:DHI) last issued its quarterly earnings data on Friday, January 25th. The construction company reported $0.76 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by ($0.02). The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. D. R. Horton had a return on equity of 17.51% and a net margin of 9.59%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. Analysts predict that D. R. Horton will post 3.9 EPS for the current fiscal year.

In other D. R. Horton news, Director Barbara K. Allen sold 1,410 shares of D. R. Horton stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $40.47, for a total value of $57,062.70. Following the sale, the director now owns 7,060 shares of the company’s stock, valued at approximately $285,718.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael W. Hewatt sold 3,000 shares of D. R. Horton stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $40.20, for a total value of $120,600.00. Following the completion of the sale, the director now directly owns 9,000 shares in the company, valued at approximately $361,800. The disclosure for this sale can be found here. Insiders sold a total of 12,666 shares of company stock worth $497,652 in the last three months. Company insiders own 6.87% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. PRW Wealth Management LLC acquired a new stake in shares of D. R. Horton in the fourth quarter valued at about $30,000. Sage Capital Advisors llc acquired a new stake in shares of D. R. Horton in the fourth quarter valued at about $31,000. Semmax Financial Advisors Inc. acquired a new stake in shares of D. R. Horton in the fourth quarter valued at about $33,000. JOYN Advisors Inc. increased its position in shares of D. R. Horton by 37.0% in the fourth quarter. JOYN Advisors Inc. now owns 993 shares of the construction company’s stock valued at $34,000 after acquiring an additional 268 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its position in shares of D. R. Horton by 125.0% in the fourth quarter. Proficio Capital Partners LLC now owns 1,107 shares of the construction company’s stock valued at $38,000 after acquiring an additional 615 shares during the last quarter. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

D. R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.

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Analyst Recommendations for D. R. Horton (NYSE:DHI)

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