Wedbush Brokers Decrease Earnings Estimates for D.R. Horton

D.R. Horton, Inc. (NYSE:DHI) – Equities research analysts at Wedbush reduced their Q1 2025 earnings per share estimates for shares of D.R. Horton in a report issued on Tuesday, October 29th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $2.24 per share for the quarter, down from their prior estimate of $2.80. Wedbush currently has a “Neutral” rating and a $165.00 target price on the stock. The consensus estimate for D.R. Horton’s current full-year earnings is $14.03 per share. Wedbush also issued estimates for D.R. Horton’s Q2 2025 earnings at $2.78 EPS, Q3 2025 earnings at $3.70 EPS, FY2025 earnings at $13.17 EPS, Q1 2026 earnings at $2.45 EPS, Q2 2026 earnings at $3.20 EPS and FY2026 earnings at $15.19 EPS.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing analysts’ consensus estimates of $4.20 by ($0.28). D.R. Horton had a return on equity of 20.72% and a net margin of 13.36%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the firm posted $4.45 EPS. D.R. Horton’s revenue for the quarter was down 4.7% compared to the same quarter last year.

Other equities analysts have also recently issued research reports about the company. Barclays dropped their price objective on D.R. Horton from $200.00 to $192.00 and set an “overweight” rating for the company in a report on Thursday. Citigroup dropped their price objective on D.R. Horton from $186.00 to $185.00 and set a “neutral” rating for the company in a report on Wednesday. Bank of America boosted their price objective on D.R. Horton from $196.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, September 19th. JMP Securities upped their target price on D.R. Horton from $170.00 to $210.00 and gave the stock a “market outperform” rating in a report on Friday, July 19th. Finally, JPMorgan Chase & Co. upped their target price on D.R. Horton from $163.00 to $180.00 and gave the stock a “neutral” rating in a report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, D.R. Horton currently has a consensus rating of “Moderate Buy” and an average target price of $185.33.

D.R. Horton Price Performance

DHI opened at $169.00 on Thursday. The business has a fifty day moving average of $186.95 and a 200 day moving average of $165.18. D.R. Horton has a 52-week low of $102.23 and a 52-week high of $199.85. The company has a quick ratio of 1.30, a current ratio of 7.22 and a debt-to-equity ratio of 0.23. The stock has a market cap of $55.07 billion, a P/E ratio of 11.77, a PEG ratio of 0.78 and a beta of 1.72.

D.R. Horton declared that its Board of Directors has initiated a stock buyback plan on Thursday, July 18th that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the construction company to purchase up to 6.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, November 12th. D.R. Horton’s payout ratio is presently 11.14%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. TCI Wealth Advisors Inc. raised its position in shares of D.R. Horton by 4.1% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,487 shares of the construction company’s stock worth $284,000 after acquiring an additional 58 shares in the last quarter. Premier Path Wealth Partners LLC increased its position in D.R. Horton by 1.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,186 shares of the construction company’s stock valued at $872,000 after buying an additional 59 shares in the last quarter. Coldstream Capital Management Inc. increased its position in D.R. Horton by 1.2% during the 2nd quarter. Coldstream Capital Management Inc. now owns 5,245 shares of the construction company’s stock valued at $739,000 after buying an additional 60 shares in the last quarter. Whittier Trust Co. increased its position in D.R. Horton by 1.7% during the 2nd quarter. Whittier Trust Co. now owns 3,693 shares of the construction company’s stock valued at $520,000 after buying an additional 63 shares in the last quarter. Finally, Values First Advisors Inc. increased its position in D.R. Horton by 0.7% during the 2nd quarter. Values First Advisors Inc. now owns 8,878 shares of the construction company’s stock valued at $1,251,000 after buying an additional 66 shares in the last quarter. 90.63% of the stock is owned by institutional investors.

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.