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

D.R. Horton (NYSE:DHI) posted 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 net margin of 12.93% and a return on equity of 19.24%. The company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7,120,170 billion. During the same quarter last year, the company posted $2.82 EPS. D.R. Horton’s quarterly 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 Stock Performance

NYSE:DHI opened at $147.83 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 7.32 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $47.43 billion, a PE ratio of 10.29, a price-to-earnings-growth ratio of 0.56 and a beta of 1.75. D.R. Horton has a twelve month low of $133.02 and a twelve month high of $199.85. The stock’s 50-day simple moving average is $151.85 and its 200 day simple moving average is $169.02.

D.R. Horton Increases Dividend

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

Analyst Upgrades and Downgrades

DHI has been the subject of a number of research analyst reports. Raymond James cut D.R. Horton from an “outperform” rating to a “market perform” rating in a report on Thursday, November 7th. Wells Fargo & Company reduced their price target on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Friday. Keefe, Bruyette & Woods downgraded D.R. Horton from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $200.00 to $183.00 in a report on Tuesday, December 10th. Finally, Royal Bank of Canada decreased their price target on shares of D.R. Horton from $154.00 to $145.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $176.20.

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 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 legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

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.