D.R. Horton (NYSE:DHI) Given New $125.00 Price Target at Bank of America

D.R. Horton (NYSE:DHI) had its price objective cut by Bank of America from $150.00 to $125.00 in a report published on Thursday. They currently have a neutral rating on the construction company’s stock. Softer demand and elevated incentives impacting outlook through H2 2025

Several other analysts also recently issued reports on DHI. Wedbush reissued a “neutral” rating and set a $180.00 target price on shares of D.R. Horton in a research note on Friday, January 17th. Seaport Res Ptn raised shares of D.R. Horton from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. JMP Securities reaffirmed a “market outperform” rating and set a $210.00 target price on shares of D.R. Horton in a research note on Wednesday, January 22nd. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Royal Bank of Canada restated an “underperform” rating and set a $125.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $162.21.

D.R. Horton Trading Up 3.2 %

Shares of NYSE:DHI opened at $121.29 on Thursday. D.R. Horton has a 12-month low of $110.44 and a 12-month high of $199.85. The company has a market cap of $38.22 billion, a PE ratio of 8.57, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The stock has a 50 day moving average of $126.59 and a 200 day moving average of $147.76. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The firm had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. During the same quarter in the previous year, the business earned $3.52 earnings per share. As a group, equities research analysts expect that D.R. Horton will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is currently 11.31%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Nemes Rush Group LLC lifted its stake in shares of D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company’s stock worth $27,000 after acquiring an additional 82 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of D.R. Horton during the fourth quarter valued at $38,000. Rosenberg Matthew Hamilton grew its holdings in shares of D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after purchasing an additional 165 shares during the last quarter. Finally, Sierra Ocean LLC purchased a new position in D.R. Horton in the 4th quarter worth about $43,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

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.