D.R. Horton (DHI) to Release Quarterly Earnings on Thursday

D.R. Horton (NYSE:DHI) will likely be posting its quarterly earnings results before the market opens on Thursday, April 17th. Analysts expect D.R. Horton to post earnings of $2.69 per share and revenue of $8.07 billion for the quarter. D.R. Horton has set its FY 2025 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. The company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.82 earnings per share. On average, analysts expect D.R. Horton to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

D.R. Horton Price Performance

DHI stock opened at $119.88 on Wednesday. The business has a 50 day simple moving average of $127.00 and a 200-day simple moving average of $148.45. The company has a market capitalization of $37.78 billion, a P/E ratio of 8.47, a PEG ratio of 0.54 and a beta of 1.61. D.R. Horton has a twelve month low of $110.44 and a twelve month high of $199.85. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s payout ratio is currently 11.31%.

Analysts Set New Price Targets

DHI has been the subject of several recent research reports. Citigroup decreased their target price on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. JMP Securities reaffirmed a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. Seaport Res Ptn upgraded D.R. Horton from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th. Royal Bank of Canada restated an “underperform” rating and set a $125.00 price target on shares of D.R. Horton in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group lowered their price objective on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, D.R. Horton has an average rating of “Hold” and a consensus price target of $168.07.

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.