D.R. Horton (NYSE:DHI) SVP Sells $251,808.00 in Stock

D.R. Horton, Inc. (NYSE:DHI) SVP Aron Odom sold 1,376 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

D.R. Horton Price Performance

D.R. Horton stock opened at $181.25 on Friday. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. The business has a fifty day moving average of $155.37 and a two-hundred day moving average of $135.38. The company has a market cap of $54.03 billion, a P/E ratio of 14.53, a price-to-earnings-growth ratio of 3.73 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.46. The company had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.D.R. Horton’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $4.10 earnings per share. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton’s payout ratio is 12.83%.

Institutional Trading of D.R. Horton

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Olde Wealth Management LLC purchased a new stake in D.R. Horton in the 1st quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of D.R. Horton during the 2nd quarter worth about $29,000. Bayforest Capital Ltd grew its holdings in shares of D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after purchasing an additional 194 shares during the period. Accredited Wealth Management LLC purchased a new stake in shares of D.R. Horton during the 1st quarter worth about $34,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of D.R. Horton by 1,678.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock worth $44,000 after purchasing an additional 319 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DHI shares. Keefe, Bruyette & Woods lifted their price target on D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research note on Thursday, July 24th. Wedbush lifted their price target on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Wells Fargo & Company lifted their price target on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Finally, UBS Group lifted their price target on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $154.38.

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.