D.R. Horton (NYSE:DHI) Stock Price Target Cut by Royal Bank Of Canada

D.R. Horton (NYSE:DHI) had its price objective reduced by Royal Bank Of Canada from $119.00 to $114.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “underperform” rating on the construction company’s stock. Royal Bank Of Canada‘s price objective would suggest a potential downside of 21.31% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Keefe, Bruyette & Woods decreased their price objective on shares of D.R. Horton from $160.00 to $152.00 in a report on Thursday, October 22nd. Citigroup reduced their price target on shares of D.R. Horton from $160.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Morgan Stanley assumed coverage on shares of D.R. Horton in a research note on Thursday, October 1st. They issued an “equal weight” rating and a $151.00 price objective for the company. BTIG Research restated a “buy” rating and issued a $174.00 price objective (down from $184.00) on shares of D.R. Horton in a report on Tuesday, September 22nd. Finally, Melius Research initiated coverage on shares of D.R. Horton in a research note on Tuesday, October 6th. They set a “sell” rating and a $128.00 target price on the stock. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $152.60.

D.R. Horton Price Performance

Shares of DHI stock traded down $1.66 on Friday, reaching $144.87. 591,443 shares of the company were exchanged, compared to its average volume of 2,718,154. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.04 and a current ratio of 6.43. D.R. Horton has a 1 year low of $130.40 and a 1 year high of $170.79. The company has a market cap of $40.52 billion, a price-to-earnings ratio of 13.76, a P/E/G ratio of 2.23 and a beta of 1.35. The business has a 50-day moving average price of $140.80 and a 200 day moving average price of $147.77.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, October 29th. The construction company reported $2.67 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.34). D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%. The firm had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $9.07 billion. During the same quarter in the previous year, the firm posted $3.04 earnings per share. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. Equities research analysts forecast that D.R. Horton will post 10.43 earnings per share for the current fiscal year.

Hedge Funds Weigh In On D.R. Horton

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new stake in D.R. Horton in the 3rd quarter worth approximately $10,427,000. Cidel Asset Management Inc. lifted its position in D.R. Horton by 12.3% during the third quarter. Cidel Asset Management Inc. now owns 4,676 shares of the construction company’s stock worth $639,000 after buying an additional 513 shares during the period. Unison Advisors LLC grew its holdings in D.R. Horton by 0.3% in the 3rd quarter. Unison Advisors LLC now owns 39,398 shares of the construction company’s stock valued at $5,384,000 after buying an additional 115 shares during the period. Greatmark Investment Partners Inc. acquired a new position in shares of D.R. Horton during the 3rd quarter valued at about $228,000. Finally, Verdence Capital Advisors LLC increased its stake in shares of D.R. Horton by 12.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 18,513 shares of the construction company’s stock valued at $2,530,000 after acquiring an additional 2,086 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

More D.R. Horton News

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: D.R. Horton raised its quarterly dividend 11.1% to $0.50 per share, equivalent to $2.00 annually and a yield of approximately 1.4%. The increase signals confidence in the company’s cash generation and returns to shareholders.
• Positive Sentiment: The builder is expanding its use of robotics in home construction, which could improve productivity, reduce labor costs and support margins over time. Inside giant homebuilder D.R. Horton’s bet on robotic homebuilding
• Neutral Sentiment: D.R. Horton projects fiscal 2027 revenue of $30 billion to $32 billion and controls 77% of its lot supply through purchase contracts. The land strategy provides supply visibility and flexibility, but the outlook reflects continued pressure from elevated mortgage rates. D.R. Horton: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: Fiscal fourth-quarter earnings per share were $2.67, below the roughly $3.01–$3.03 analyst consensus and down from $3.04 a year earlier. Revenue of $9.37 billion beat estimates of $9.07 billion but declined 3.2% year over year, highlighting a widening gap between sales and profitability.
• Negative Sentiment: Higher mortgage rates reduced housing demand, pressured orders and increased cancellations. Management warned that mortgage-rate pressure and a softer housing environment could persist into fiscal 2027, while buyer incentives continued to squeeze margins. D.R. Horton Profit Down as Mortgage Rates Weigh
• Negative Sentiment: D.R. Horton reported a $91 million impairment, adding to concerns about profitability and the quality of the near-term earnings outlook. Barclays also lowered its price target from $130 to $125 while maintaining an equal-weight rating, implying limited upside based on its assumptions.

About D.R. Horton

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.