D.R. Horton (NYSE:DHI) Price Target Lowered to $135.00 at Keefe, Bruyette & Woods

D.R. Horton (NYSE:DHI) had its price target decreased by analysts at Keefe, Bruyette & Woods from $165.00 to $135.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “market perform” rating on the construction company’s stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 11.63% from the company’s current price.

Several other analysts have also recently commented on DHI. Bank of America decreased their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a “neutral” rating for the company in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wedbush reiterated a “neutral” rating and set a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Royal Bank of Canada dropped their target price on shares of D.R. Horton from $125.00 to $105.00 and set an “underperform” rating for the company in a report on Monday. JPMorgan Chase & Co. dropped their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an “underweight” rating for the company in a report on Monday. Finally, JMP Securities lowered their price target on D.R. Horton from $210.00 to $180.00 and set a “market outperform” rating for the company in a report on Monday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $151.15.

D.R. Horton Stock Down 0.3 %

Shares of D.R. Horton stock opened at $120.94 on Tuesday. The company has a 50-day moving average of $126.27 and a 200 day moving average of $146.22. D.R. Horton has a 1 year low of $110.44 and a 1 year high of $199.85. The firm has a market cap of $38.11 billion, a price-to-earnings ratio of 8.55, a PEG ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The business had revenue of $7.73 billion for the quarter, compared to analysts’ expectations of $8.07 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. During the same period in the previous year, the company earned $3.52 EPS. As a group, sell-side analysts anticipate that D.R. Horton will post 13.04 earnings per share for the current fiscal year.

Institutional Trading of D.R. Horton

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in shares of D.R. Horton by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company’s stock worth $1,009,077,000 after acquiring an additional 127,606 shares in the last quarter. Norges Bank bought a new position in shares of D.R. Horton in the fourth quarter valued at approximately $593,363,000. Franklin Resources Inc. boosted its position in D.R. Horton by 71.5% in the fourth quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company’s stock worth $499,774,000 after purchasing an additional 1,490,648 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of D.R. Horton by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,475,995 shares of the construction company’s stock valued at $485,984,000 after purchasing an additional 72,161 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in D.R. Horton by 15.8% during the fourth quarter. Northern Trust Corp now owns 3,375,050 shares of the construction company’s stock worth $471,899,000 after buying an additional 460,804 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors.

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.