D. R. Horton (DHI) Set to Announce Earnings on Thursday

D. R. Horton (NYSE:DHI) will release its earnings data before the market opens on Thursday, April 26th. Analysts expect D. R. Horton to post earnings of $0.85 per share for the quarter.

D. R. Horton (NYSE:DHI) last posted its earnings results on Wednesday, January 31st. The construction company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.13. D. R. Horton had a return on equity of 14.83% and a net margin of 7.03%. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same period in the previous year, the firm earned $0.55 earnings per share. The business’s revenue was up 14.8% compared to the same quarter last year. On average, analysts expect D. R. Horton to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

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DHI opened at $43.74 on Wednesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 7.03. D. R. Horton has a 52-week low of $31.98 and a 52-week high of $53.32. The company has a market cap of $16,341.27, a PE ratio of 14.74, a price-to-earnings-growth ratio of 1.14 and a beta of 1.12.

In other D. R. Horton news, Director Barbara K. Allen sold 940 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $42.66, for a total value of $40,100.40. Following the sale, the director now directly owns 6,590 shares of the company’s stock, valued at $281,129.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael W. Hewatt sold 3,423 shares of the business’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $41.84, for a total value of $143,218.32. The disclosure for this sale can be found here. Insiders have sold 245,602 shares of company stock worth $10,828,080 over the last 90 days. 6.74% of the stock is currently owned by corporate insiders.

Several research firms have recently issued reports on DHI. Barclays raised D. R. Horton from an “equal weight” rating to an “overweight” rating and set a $52.00 target price on the stock in a research note on Monday, March 26th. ValuEngine raised D. R. Horton from a “hold” rating to a “buy” rating in a research note on Friday, March 23rd. Wedbush restated an “outperform” rating and set a $50.00 price target on shares of D. R. Horton in a research report on Friday, March 23rd. Mizuho restated a “hold” rating and set a $47.00 price target on shares of D. R. Horton in a research report on Thursday, March 22nd. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $52.00 price target on shares of D. R. Horton in a research report on Wednesday, March 21st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $51.88.

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D. R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 79 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Homes.

Earnings History for D. R. Horton (NYSE:DHI)

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