D.R. Horton, Inc. (NYSE:DHI) registered a -1.31% decrease, still its new closing price is 35.87% up from the company’s 1 year high of 34.35.It posted 9.29% gains in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 20 stock analysts following this company have an average price target at $34.43, with individual PT in the $27.50-$40.00 range. The shares moved at $30.94, implying that brokerage firms see shares gaining about 16.90% in twelve months time.
D.R. Horton, Inc. (DHI) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 13.21% rise year to date. A Chairman at D.R. Horton, Inc. (DHI) offloaded shares in a transaction closed on Friday January 27, 2017. HORTON DONALD R sold 2,000,000 shares in the company at $31.27 each and collected $62,540,000 in proceeds. HORTON DONALD R now owns 23,008,370 shares in the company after this transaction. A Director in the company, Hewatt Michael W, disclosed a transaction on Wednesday August 31, 2016 that ended up generating $159,000 from the sale of 5,000 shares at $31.87 per share.
D.R. Horton, Inc. (NYSE:DHI) Upcoming Results on Tap
D.R. Horton, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $0.55 in that period. Sales during the quarter are predicted to arrive at $3.07 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.9 billion in revenue and EPS of $0.55. The mean forecast was for $2.69 billion and $0.47 a share, respectively. One quarter earlier, revenue for the stock was at $3.74 billion, with earnings at $0.76/share.
D.R. Horton, Inc. (DHI) Brokerage Update
D.R. Horton, Inc. (DHI) is in Keefe Bruyette’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Mkt Perform by Keefe Bruyette, according to news reported on Tuesday December 13, 2016.Another important research note was issued by FBN Securities on Monday October 10, 2016.The firm upgraded DHI to Sector Perform from Underperform. Over the last six months and over the last three months, the shares of D.R. Horton, Inc. (DHI), have changed -7.75% and 8.64%, respectively.