D.R. Horton (DHI) Expected to Announce Quarterly Earnings on Tuesday

D.R. Horton (NYSE:DHI) will likely be issuing its quarterly earnings data before the market opens on Tuesday, January 21st. Analysts expect the company to announce earnings of $2.37 per share and revenue of $7,120,170.00 billion for the quarter. D.R. Horton has set its FY 2025 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.25). D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the firm posted $4.45 earnings per share. The firm’s revenue was down 4.7% on a year-over-year basis. On average, analysts expect D.R. Horton to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

D.R. Horton Trading Up 0.8 %

Shares of D.R. Horton stock opened at $147.83 on Monday. The firm has a market cap of $47.43 billion, a PE ratio of 10.29, a P/E/G ratio of 0.51 and a beta of 1.75. The company has a quick ratio of 1.61, a current ratio of 7.32 and a debt-to-equity ratio of 0.23. D.R. Horton has a fifty-two week low of $133.02 and a fifty-two week high of $199.85. The business’s fifty day moving average is $151.85 and its two-hundred day moving average is $169.02.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This is an increase from D.R. Horton’s previous quarterly dividend of $0.30. This represents a $1.60 annualized dividend and a yield of 1.08%. D.R. Horton’s dividend payout ratio is 11.14%.

Analyst Ratings Changes

DHI has been the topic of a number of recent analyst reports. Evercore ISI cut their price target on shares of D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods lowered D.R. Horton from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $200.00 to $183.00 in a research report on Tuesday, December 10th. Barclays lowered their price target on D.R. Horton from $170.00 to $150.00 and set an “equal weight” rating for the company in a research report on Thursday. BTIG Research cut their price objective on D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Finally, Wedbush reiterated a “neutral” rating and set a $180.00 target price on shares of D.R. Horton in a report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, D.R. Horton currently has an average rating of “Hold” and an average price target of $176.20.

Insider Activity

In other news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.54% of the company’s stock.

About D.R. Horton

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.