D.R. Horton (NYSE:DHI) Price Target Increased to $153.00 by Analysts at Jefferies Financial Group

D.R. Horton (NYSE:DHI) had its target price upped by Jefferies Financial Group from $141.00 to $153.00 in a research note published on Friday morning, Benzinga reports. The brokerage currently has a hold rating on the construction company’s stock.

A number of other equities analysts have also commented on the company. Barclays dropped their price target on D.R. Horton from $186.00 to $176.00 and set an overweight rating for the company in a research note on Friday. UBS Group increased their price target on D.R. Horton from $192.00 to $200.00 and gave the company a buy rating in a research note on Friday. The Goldman Sachs Group increased their price target on D.R. Horton from $150.00 to $173.00 and gave the company a buy rating in a research note on Thursday, January 11th. Wedbush reissued an underperform rating and set a $130.00 price target on shares of D.R. Horton in a research note on Thursday. Finally, Seaport Res Ptn downgraded D.R. Horton from a buy rating to a neutral rating in a research report on Monday, January 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, D.R. Horton currently has a consensus rating of Moderate Buy and a consensus target price of $158.06.

D.R. Horton Stock Performance

NYSE DHI opened at $142.19 on Friday. The firm has a market cap of $47.18 billion, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 0.72 and a beta of 1.64. The company has a quick ratio of 1.20, a current ratio of 7.35 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average price of $151.91 and a 200-day moving average price of $138.67. D.R. Horton has a twelve month low of $100.08 and a twelve month high of $165.75.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.44. The firm had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.73 earnings per share. As a group, equities research analysts predict that D.R. Horton will post 14.23 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, May 2nd will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.20 annualized dividend and a dividend yield of 0.84%. D.R. Horton’s payout ratio is 8.17%.

Insider Transactions at D.R. Horton

In related news, Director Barbara K. Allen sold 449 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the transaction, the director now owns 5,650 shares of the company’s stock, valued at $844,053.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Barbara K. Allen sold 449 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the transaction, the director now owns 5,650 shares of the company’s stock, valued at $844,053.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Barbara K. Allen sold 1,748 shares of the stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $143.26, for a total value of $250,418.48. Following the completion of the transaction, the director now directly owns 5,650 shares in the company, valued at approximately $809,419. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,197 shares of company stock worth $4,225,745. 1.74% of the stock is currently owned by company insiders.

Institutional Trading of D.R. Horton

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rise Advisors LLC bought a new stake in D.R. Horton during the 1st quarter valued at $27,000. Riverview Trust Co bought a new stake in D.R. Horton during the 1st quarter valued at $30,000. Oakworth Capital Inc. bought a new stake in D.R. Horton during the 4th quarter valued at $38,000. BOKF NA boosted its position in D.R. Horton by 873.1% during the 4th quarter. BOKF NA now owns 253 shares of the construction company’s stock valued at $38,000 after acquiring an additional 227 shares in the last quarter. Finally, Private Wealth Management Group LLC bought a new stake in D.R. Horton during the 4th quarter valued at $42,000. Institutional investors own 90.63% of the company’s stock.

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.