D.R. Horton (NYSE:DHI – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Tuesday, October 29th. Analysts expect D.R. Horton to post earnings of $4.14 per share for the quarter. Individual interested in participating in the company’s conference call can do so using this link.
D.R. Horton Trading Down 1.9 %
NYSE:DHI opened at $179.24 on Monday. D.R. Horton has a 12-month low of $100.81 and a 12-month high of $199.85. The firm has a market cap of $59.03 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 0.78 and a beta of 1.72. The company has a current ratio of 7.22, a quick ratio of 1.30 and a debt-to-equity ratio of 0.23. The stock has a fifty day moving average price of $187.89 and a 200 day moving average price of $164.80.
D.R. Horton declared that its Board of Directors has initiated a stock repurchase plan on Thursday, July 18th that authorizes the company to repurchase $4.00 billion in shares. This repurchase authorization authorizes the construction company to buy up to 6.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on D.R. Horton
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.
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