D. R. Horton (DHI) Raises Quarterly Dividend 20% to $0.15; 1.6% Yield

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D.R. Horton (DHI) PT Lowered to $38 at RBC Capital

November 9, 2018 7:09 AM EST

RBC Capital analyst Mike Dahl lowered the price target on D.R. Horton (NYSE: DHI) to $38.00 (from $41.00) while maintaining a Sector Perform rating.

Dahl is cutting FY19 EPS est. by 7% to $4.14 from $4.46 as we incorporate weaker near-term demand and margin pressure.

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D. R. Horton (DHI) Reports In-Line Q4 EPS

November 8, 2018 6:34 AM EST

D. R. Horton (NYSE: DHI) reported Q4 EPS of $1.22, in-line with the analyst estimate of $1.22. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.57 billion.

Homes closed increased 11% to 14,674 homes and 9% in value to $4.4 billion

For earnings history... More