Shares of D. R. Horton Inc (NYSE:DHI) have earned an average rating of “Hold” from the twenty analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $47.35.

Several analysts have issued reports on the stock. Buckingham Research upped their price target on shares of D. R. Horton from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Friday, November 10th. Royal Bank of Canada reaffirmed a “buy” rating and set a $42.00 price target on shares of D. R. Horton in a research report on Monday, September 25th. Wedbush reaffirmed an “outperform” rating on shares of D. R. Horton in a research report on Saturday, September 16th. Mizuho reaffirmed a “hold” rating and set a $38.00 price target on shares of D. R. Horton in a research report on Friday, October 27th. Finally, ValuEngine lowered shares of D. R. Horton from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd.

In other news, CFO Bill W. Wheat sold 19,677 shares of the stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $49.65, for a total value of $976,963.05. Following the transaction, the chief financial officer now directly owns 100,081 shares of the company’s stock, valued at $4,969,021.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael W. Hewatt sold 2,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $47.86, for a total transaction of $95,720.00. Following the completion of the transaction, the director now directly owns 6,000 shares in the company, valued at $287,160. The disclosure for this sale can be found here. Insiders sold 28,677 shares of company stock worth $1,410,293 over the last three months. Insiders own 7.20% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in DHI. Gruss Capital Management LP acquired a new position in shares of D. R. Horton in the third quarter valued at about $35,342,000. Junto Capital Management LP acquired a new position in shares of D. R. Horton in the second quarter valued at about $29,747,000. PDT Partners LLC acquired a new position in shares of D. R. Horton in the second quarter valued at about $24,522,000. Impala Asset Management LLC grew its stake in shares of D. R. Horton by 278.8% in the third quarter. Impala Asset Management LLC now owns 952,631 shares of the construction company’s stock valued at $38,039,000 after acquiring an additional 701,113 shares in the last quarter. Finally, HAP Trading LLC grew its stake in shares of D. R. Horton by 574.0% in the third quarter. HAP Trading LLC now owns 713,870 shares of the construction company’s stock valued at $28,505,000 after acquiring an additional 607,951 shares in the last quarter. Institutional investors and hedge funds own 83.94% of the company’s stock.

D. R. Horton (NYSE DHI) traded down $0.13 during midday trading on Wednesday, reaching $51.91. 1,781,001 shares of the company’s stock traded hands, compared to its average volume of 3,490,000. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.93 and a quick ratio of 1.02. D. R. Horton has a 1 year low of $27.97 and a 1 year high of $53.32. The company has a market capitalization of $19,520.00, a price-to-earnings ratio of 18.95, a P/E/G ratio of 1.51 and a beta of 1.32.

D. R. Horton (NYSE:DHI) last posted its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.04). D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4 billion. During the same period last year, the company posted $0.75 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. sell-side analysts expect that D. R. Horton will post 3.44 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were given a $0.125 dividend. The ex-dividend date was Thursday, November 30th. This is a positive change from D. R. Horton’s previous quarterly dividend of $0.10. This represents a $0.50 annualized dividend and a dividend yield of 0.96%. D. R. Horton’s dividend payout ratio is presently 18.25%.

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D. R. Horton Company Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

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

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