D.R. Horton (NYSE:DHI) Announces Quarterly Earnings Results, Beats Estimates By $0.24 EPS

D.R. Horton (NYSE:DHI) released its earnings results on Tuesday. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24, Zacks reports. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The firm had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7,120,170 billion. During the same period in the previous year, the company earned $2.82 earnings per share. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. D.R. Horton updated its FY 2025 guidance to EPS.

D.R. Horton Trading Up 0.8 %

Shares of NYSE:DHI opened at $147.83 on Tuesday. The firm has a fifty day moving average of $151.85 and a two-hundred day moving average of $169.02. 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 12-month low of $133.02 and a 12-month high of $199.85. The firm has a market capitalization of $47.43 billion, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 0.56 and a beta of 1.75.

D.R. Horton Increases Dividend

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

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on DHI shares. Wedbush reiterated a “neutral” rating and issued a $180.00 target price on shares of D.R. Horton in a report on Friday. Wells Fargo & Company dropped their price target on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Tuesday, December 17th. Barclays reduced their price objective on D.R. Horton from $170.00 to $150.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. Royal Bank of Canada cut their target price on D.R. Horton from $154.00 to $145.00 and set an “underperform” rating on the stock in a research report on Wednesday, October 30th. Finally, UBS Group decreased their price target on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, D.R. Horton has a consensus rating of “Hold” and a consensus price target of $176.20.

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.