Wedbush Issues Positive Estimate for D.R. Horton Earnings

D.R. Horton, Inc. (NYSE:DHI) – Equities research analysts at Wedbush lifted their Q4 2025 earnings per share estimates for D.R. Horton in a research report issued on Tuesday, October 29th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $4.49 for the quarter, up from their prior estimate of $4.46. Wedbush currently has a “Neutral” rating and a $165.00 price target on the stock. The consensus estimate for D.R. Horton’s current full-year earnings is $14.03 per share. Wedbush also issued estimates for D.R. Horton’s Q3 2026 earnings at $4.19 EPS and Q4 2026 earnings at $5.40 EPS.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing analysts’ consensus estimates of $4.20 by ($0.28). The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.22 billion. D.R. Horton had a return on equity of 20.72% and a net margin of 13.36%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.45 earnings per share.

Several other brokerages have also issued reports on DHI. JPMorgan Chase & Co. raised their price target on shares of D.R. Horton from $163.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Keefe, Bruyette & Woods raised their target price on D.R. Horton from $178.00 to $208.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 23rd. Royal Bank of Canada dropped their price target on D.R. Horton from $154.00 to $145.00 and set an “underperform” rating on the stock in a research report on Wednesday. JMP Securities increased their price target on D.R. Horton from $170.00 to $210.00 and gave the stock a “market outperform” rating in a research note on Friday, July 19th. Finally, UBS Group lowered their price objective on D.R. Horton from $217.00 to $214.00 and set a “buy” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, D.R. Horton currently has a consensus rating of “Moderate Buy” and an average price target of $185.33.

D.R. Horton Stock Performance

Shares of DHI stock opened at $169.00 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.30 and a current ratio of 7.22. The firm has a market cap of $55.07 billion, a price-to-earnings ratio of 11.77, a P/E/G ratio of 0.78 and a beta of 1.72. D.R. Horton has a 52 week low of $102.23 and a 52 week high of $199.85. The firm’s 50-day simple moving average is $186.95 and its two-hundred day simple moving average is $165.18.

Institutional Trading of D.R. Horton

A number of large investors have recently modified their holdings of the business. Bfsg LLC raised its position in shares of D.R. Horton by 70.5% during the 2nd quarter. Bfsg LLC now owns 179 shares of the construction company’s stock valued at $25,000 after buying an additional 74 shares in the last quarter. RiverPark Advisors LLC bought a new position in D.R. Horton in the first quarter valued at $29,000. Signature Resources Capital Management LLC purchased a new stake in D.R. Horton during the second quarter valued at about $31,000. Wolff Wiese Magana LLC lifted its stake in D.R. Horton by 1,306.7% during the third quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company’s stock worth $40,000 after purchasing an additional 196 shares during the last quarter. Finally, Grove Bank & Trust boosted its holdings in shares of D.R. Horton by 76.2% in the 3rd quarter. Grove Bank & Trust now owns 215 shares of the construction company’s stock worth $41,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 19th. Shareholders of record on Tuesday, November 12th will be paid a $0.40 dividend. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.30. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Tuesday, November 12th. D.R. Horton’s dividend payout ratio is currently 11.14%.

D.R. Horton declared that its Board of Directors has authorized a share buyback plan on Thursday, July 18th that permits the company to buyback $4.00 billion in outstanding shares. This buyback authorization permits the construction company to repurchase up to 6.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

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.