D. R. Horton (DHI) Receiving Somewhat Positive Press Coverage, Analysis Finds

Press coverage about D. R. Horton (NYSE:DHI) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. D. R. Horton earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 47.7195132497974 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of equities research analysts have recently issued reports on DHI shares. Royal Bank of Canada reiterated a “buy” rating and set a $42.00 price objective on shares of D. R. Horton in a research note on Monday, September 25th. KeyCorp reiterated a “buy” rating and set a $41.00 price objective on shares of D. R. Horton in a research note on Tuesday, September 26th. Bank of America upped their price objective on D. R. Horton from $43.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, October 6th. Citigroup reiterated a “neutral” rating and set a $42.00 price objective (up previously from $34.00) on shares of D. R. Horton in a research note on Monday, October 9th. Finally, JMP Securities set a $45.00 price objective on D. R. Horton and gave the stock a “buy” rating in a research note on Monday, October 16th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. D. R. Horton presently has an average rating of “Buy” and a consensus price target of $48.71.

D. R. Horton (NYSE:DHI) traded up $0.54 on Friday, reaching $51.48. The company had a trading volume of 3,502,880 shares, compared to its average volume of 3,310,000. D. R. Horton has a twelve month low of $27.97 and a twelve month high of $53.32. The company has a current ratio of 6.93, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. The company has a market cap of $19,360.00, a PE ratio of 18.79, a PEG ratio of 1.49 and a beta of 1.32.

D. R. Horton (NYSE:DHI) last posted its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.04). D. R. Horton had a net margin of 7.37% and a return on equity of 14.13%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4 billion. During the same quarter last year, the company posted $0.75 EPS. The firm’s revenue was up 11.4% on a year-over-year basis. analysts predict that D. R. Horton will post 3.5 earnings per share for the current year.

In related news, COO Michael J. Murray sold 7,000 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $48.23, for a total value of $337,610.00. Following the sale, the chief operating officer now owns 56,304 shares in the company, valued at approximately $2,715,541.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael W. Hewatt sold 2,000 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $47.86, for a total value of $95,720.00. Following the completion of the sale, the director now owns 6,000 shares in the company, valued at approximately $287,160. The disclosure for this sale can be found here. In the last 90 days, insiders sold 28,677 shares of company stock worth $1,410,293. 7.20% of the stock is owned by company insiders.

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About D. R. Horton

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

Insider Buying and Selling by Quarter for D. R. Horton (NYSE:DHI)

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