Media stories about D. R. Horton (NYSE:DHI) have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. D. R. Horton earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 45.6804822196705 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
Shares of NYSE:DHI traded down $0.75 during midday trading on Friday, reaching $43.01. The company had a trading volume of 4,846,084 shares, compared to its average volume of 3,794,627. The company has a current ratio of 7.03, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40. The firm has a market cap of $16,168.36, a PE ratio of 15.70, a price-to-earnings-growth ratio of 1.12 and a beta of 1.12. D. R. Horton has a one year low of $31.98 and a one year high of $53.32.
D. R. Horton (NYSE:DHI) last issued its quarterly earnings results on Wednesday, January 31st. The construction company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. The business had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.26 billion. D. R. Horton had a net margin of 7.03% and a return on equity of 14.83%. The business’s revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.55 earnings per share. equities research analysts forecast that D. R. Horton will post 3.82 EPS for the current fiscal year.
A number of research firms have recently commented on DHI. ValuEngine cut shares of D. R. Horton from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $56.00 target price on shares of D. R. Horton in a research report on Tuesday, January 9th. Credit Suisse Group reissued an “outperform” rating and set a $60.00 target price (up from $52.00) on shares of D. R. Horton in a research report on Monday, January 22nd. They noted that the move was a valuation call. Mizuho set a $56.00 target price on shares of D. R. Horton and gave the stock a “hold” rating in a research report on Thursday, January 18th. Finally, UBS reissued a “buy” rating and set a $58.00 target price (up from $53.00) on shares of D. R. Horton in a research report on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. D. R. Horton presently has an average rating of “Buy” and an average price target of $51.88.
In related news, Director Michael W. Hewatt sold 3,423 shares of D. R. Horton stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $41.84, for a total value of $143,218.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barbara K. Allen sold 3,667 shares of D. R. Horton stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $47.77, for a total transaction of $175,172.59. Following the completion of the sale, the director now owns 11,317 shares of the company’s stock, valued at approximately $540,613.09. The disclosure for this sale can be found here. In the last 90 days, insiders sold 245,602 shares of company stock valued at $10,828,080. Insiders own 7.20% of the company’s stock.
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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.
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