Zacks Research Lowers Earnings Estimates for D.R. Horton

D.R. Horton, Inc. (NYSE:DHI) – Equities researchers at Zacks Research dropped their Q2 2027 earnings per share estimates for D.R. Horton in a research note issued on Tuesday, November 11th. Zacks Research analyst Team now forecasts that the construction company will post earnings per share of $2.91 for the quarter, down from their previous estimate of $3.12. The consensus estimate for D.R. Horton’s current full-year earnings is $13.04 per share. Zacks Research also issued estimates for D.R. Horton’s Q3 2027 earnings at $3.77 EPS, FY2027 earnings at $12.85 EPS and FY2028 earnings at $13.18 EPS.

Several other research analysts have also weighed in on the company. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Wells Fargo & Company increased their price target on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Bank of America reduced their price objective on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. Evercore ISI set a $169.00 price objective on shares of D.R. Horton and gave the stock an “in-line” rating in a report on Tuesday, October 7th. Finally, Wedbush lifted their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $157.38.

D.R. Horton Trading Up 0.2%

NYSE:DHI traded up $0.34 on Wednesday, hitting $147.33. The stock had a trading volume of 99,787 shares, compared to its average volume of 3,672,033. The company has a fifty day moving average price of $161.90 and a two-hundred day moving average price of $145.69. The stock has a market cap of $43.92 billion, a price-to-earnings ratio of 12.74, a PEG ratio of 3.09 and a beta of 1.36. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. D.R. Horton has a 1-year low of $110.44 and a 1-year high of $184.54.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.The company had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. During the same period last year, the business earned $3.92 earnings per share. The firm’s revenue was down 3.2% compared to the same quarter last year. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS.

Institutional Trading of D.R. Horton

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Concord Wealth Partners purchased a new position in shares of D.R. Horton in the 3rd quarter valued at $25,000. Canton Hathaway LLC purchased a new stake in shares of D.R. Horton in the 3rd quarter valued at about $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of D.R. Horton in the 3rd quarter valued at about $27,000. Westfuller Advisors LLC acquired a new position in D.R. Horton during the third quarter worth approximately $34,000. Finally, Westside Investment Management Inc. lifted its stake in D.R. Horton by 100.0% in the third quarter. Westside Investment Management Inc. now owns 206 shares of the construction company’s stock valued at $36,000 after buying an additional 103 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Insider Activity at D.R. Horton

In related news, Director Michael R. Buchanan sold 1,000 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the completion of the transaction, the director owned 1,193 shares in the company, valued at approximately $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the sale, the chairman directly owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,376 shares of company stock valued at $5,898,848 over the last 90 days. 0.54% of the stock is owned by corporate insiders.

D.R. Horton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s payout ratio is currently 15.53%.

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.