D.R. Horton, Inc. (NYSE:DHI) Stock Has Consensus Price Target of $158.79 According to Brokerages

D.R. Horton, Inc. (NYSE:DHI) has been assigned an average rating of “Hold” from the nineteen research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $156.36.

Several equities analysts have recently weighed in on the company. Citigroup lowered their price target on D.R. Horton from $160.00 to $150.00 and set a “neutral” rating on the stock in a report on Thursday, October 15th. Royal Bank Of Canada dropped their price target on shares of D.R. Horton from $125.00 to $119.00 and set an “underperform” rating for the company in a research report on Thursday, October 15th. Wells Fargo & Company cut their target price on D.R. Horton from $145.00 to $140.00 and set an “equal weight” rating for the company in a research report on Friday, October 16th. Weiss Ratings raised shares of D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 15th. Finally, Stonex Financia raised D.R. Horton to a “hold” rating in a research note on Thursday, October 15th.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $138.81 on Thursday. The stock has a market cap of $38.82 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 2.18 and a beta of 1.35. D.R. Horton has a 1 year low of $130.40 and a 1 year high of $170.79. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. The firm’s 50-day moving average is $140.99 and its 200 day moving average is $146.51.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.02 by $0.18. The business had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%. The company’s revenue was up .0% compared to the same quarter last year. During the same period last year, the business posted $3.36 EPS. Sell-side analysts anticipate that D.R. Horton will post 10.43 EPS for the current fiscal year.

Institutional Trading of D.R. Horton

A number of institutional investors have recently bought and sold shares of DHI. Caitlin John LLC purchased a new position in shares of D.R. Horton during the second quarter valued at approximately $25,000. Fiduciary Financial Advisors purchased a new stake in D.R. Horton during the second quarter worth $25,000. Osbon Capital Management LLC bought a new stake in D.R. Horton during the fourth quarter valued at about $26,000. Bell Investment Advisors Inc bought a new stake in shares of D.R. Horton in the 2nd quarter valued at about $32,000. Finally, Compass Financial Management LLC acquired a new stake in D.R. Horton in the second quarter valued at approximately $31,000. 90.63% of the stock is currently owned by institutional investors.

About D.R. Horton

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.