Royal Bank Of Canada Increases D.R. Horton (NYSE:DHI) Price Target to $125.00

D.R. Horton (NYSE:DHI) had its target price lifted by analysts at Royal Bank Of Canada from $123.00 to $125.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “underperform” rating on the construction company’s stock. Royal Bank Of Canada’s price target would indicate a potential downside of 11.17% from the company’s current price.

Other analysts have also issued reports about the stock. Zelman & Associates raised shares of D.R. Horton from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 7th. Seaport Research Partners reissued a “neutral” rating on shares of D.R. Horton in a report on Tuesday, April 7th. The Goldman Sachs Group restated a “buy” rating on shares of D.R. Horton in a research report on Tuesday. BTIG Research set a $184.00 price target on D.R. Horton in a research note on Wednesday. Finally, Zacks Research upgraded D.R. Horton from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $168.92.

D.R. Horton Stock Performance

Shares of DHI traded down $2.80 during trading hours on Wednesday, reaching $140.72. 700,192 shares of the company’s stock traded hands, compared to its average volume of 2,728,790. D.R. Horton has a twelve month low of $131.75 and a twelve month high of $184.54. The business’s fifty day simple moving average is $150.54 and its two-hundred day simple moving average is $150.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.46 and a quick ratio of 0.97. The firm has a market capitalization of $39.91 billion, a price-to-earnings ratio of 13.23, a P/E/G ratio of 2.02 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.23. The business had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.36 earnings per share. Analysts predict that D.R. Horton will post 10.6 earnings per share for the current year.

Hedge Funds Weigh In On D.R. Horton

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHI. Core Wealth Advisors LLC purchased a new stake in shares of D.R. Horton in the fourth quarter valued at $25,000. Osbon Capital Management LLC purchased a new stake in D.R. Horton in the 4th quarter worth about $26,000. Sound Income Strategies LLC acquired a new stake in D.R. Horton during the 4th quarter worth about $27,000. Elevated Capital Advisors LLC acquired a new stake in D.R. Horton during the 4th quarter worth about $27,000. Finally, Wilkerson Advisory Group LLC purchased a new position in D.R. Horton during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton News Roundup

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: D.R. Horton delivered fiscal Q3 EPS of $3.20, topping estimates, and revenue of $9.23 billion also came in ahead of expectations, showing the business is still generating solid cash flow and closings. Article Title
• Positive Sentiment: The company also raised attention with a quarterly dividend of $0.45 per share, which may appeal to income-focused investors. Article Title
• Neutral Sentiment: Traders are also reacting to unusually large options activity, which suggests elevated expectations for volatility rather than a clear directional catalyst. Article Title
• Neutral Sentiment: Commentary on the earnings call highlighted a balance between improving margins and ongoing housing-market headwinds, reinforcing uncertainty around the near-term outlook. Article Title
• Negative Sentiment: Management cut full-year revenue guidance to about $32.5 billion-$33.0 billion, below Wall Street expectations, citing affordability issues, cautious buyers, and margin pressure from incentives and tariffs. Article Title
• Negative Sentiment: Analysts also downgraded the stock after the report, warning that volatility may continue as the market digests the softer outlook. Article Title

About D.R. Horton

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.