D.R. Horton (NYSE:DHI) Stock Price Expected to Rise, Truist Financial Analyst Says
by Renee Jackson · The Cerbat GemD.R. Horton (NYSE:DHI – Get Free Report) had its target price upped by analysts at Truist Financial from $140.00 to $150.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the construction company’s stock. Truist Financial’s price objective indicates a potential downside of 7.48% from the company’s previous close.
DHI has been the topic of several other research reports. Barclays dropped their price target on D.R. Horton from $129.00 to $128.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Bank of America set a $158.00 price target on D.R. Horton in a research note on Wednesday, January 21st. BTIG Research set a $182.00 price target on D.R. Horton in a research note on Wednesday, January 21st. Argus lifted their price target on D.R. Horton from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $190.00 price target on shares of D.R. Horton in a research note on Tuesday. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, D.R. Horton currently has an average rating of “Hold” and an average price target of $160.69.
Check Out Our Latest Stock Analysis on DHI
D.R. Horton Stock Performance
DHI opened at $162.13 on Wednesday. The business’s 50-day moving average price is $148.35 and its two-hundred day moving average price is $150.52. D.R. Horton has a 1 year low of $114.17 and a 1 year high of $184.54. The company has a market capitalization of $46.97 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 2.40 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a current ratio of 6.63 and a quick ratio of 0.98.
D.R. Horton (NYSE:DHI – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.95 by ($0.71). D.R. Horton had a net margin of 9.95% and a return on equity of 13.51%. The firm had revenue of $7.56 billion during the quarter, compared to analyst estimates of $9.22 billion. During the same period in the prior year, the business earned $2.58 EPS. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. Equities analysts expect that D.R. Horton will post 10.41 EPS for the current fiscal year.
Insider Buying and Selling at D.R. Horton
In other news, SVP Aron M. Odom sold 260 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $167.55, for a total value of $43,563.00. Following the completion of the transaction, the senior vice president owned 6,457 shares in the company, valued at $1,081,870.35. This trade represents a 3.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.66% of the stock is owned by insiders.
Hedge Funds Weigh In On D.R. Horton
Hedge funds have recently modified their holdings of the stock. Concord Wealth Partners bought a new position in shares of D.R. Horton in the 3rd quarter valued at about $25,000. Canton Hathaway LLC bought a new position in D.R. Horton during the third quarter worth about $26,000. Steigerwald Gordon & Koch Inc. bought a new position in D.R. Horton during the third quarter worth about $27,000. Core Wealth Advisors LLC bought a new position in D.R. Horton during the fourth quarter worth about $25,000. Finally, Sound Income Strategies LLC bought a new position in D.R. Horton during the fourth quarter worth about $27,000. Institutional investors own 90.63% of the company’s stock.
Trending Headlines about D.R. Horton
Here are the key news stories impacting D.R. Horton this week:
- Positive Sentiment: Q2 results showed stronger-than-expected order momentum and sales orders growth, which investors interpreted as demand resilience and tightened finished inventory. This drove early upside in the stock. IBTimes: D.R. Horton Stock Surges
- Positive Sentiment: The board declared a quarterly cash dividend of $0.45 per share (record May 7, payable May 14), which supports income-focused investors and signals confidence in cash flow. Business Wire: Press Release
- Positive Sentiment: Full‑year revenue guidance of roughly $33.5B–$34.5B has a midpoint modestly above some analyst estimates, which provided incremental support despite mixed quarterly results. MarketBeat: Earnings & Guidance
- Neutral Sentiment: Management’s earnings call emphasized resilient pockets of demand and order trends, though commentary was cautious — the call provided context but mixed signals on near‑term demand. TipRanks: Earnings Call Highlights
- Negative Sentiment: Affordability pressure remains a clear headwind: management said housing affordability is depressing buyer activity, forcing elevated incentives and weighing on margins and near‑term volume. MSN: Affordability Hits Demand
- Negative Sentiment: Quarterly revenue was softer year‑over‑year and missed some broker/aggregator estimates, and management gave Q3 revenue guidance that sits around or slightly below consensus — creating near‑term uncertainty for sales growth. MarketBeat: Earnings Snapshot
D.R. Horton Company Profile
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.