Somewhat Positive Press Coverage Somewhat Unlikely to Affect D. R. Horton (NYSE:DHI) Share Price
News headlines about D. R. Horton (NYSE:DHI) have been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. D. R. Horton earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 46.6970898510482 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Stock Buzz – DR Horton, Inc. (DHI) – android media cell (androidmediacell.com)
- DR Horton, Inc. (DHI) Smart Institutional Ownership of 85.80%– also Sumitomo Mitsui Financial Group, Inc. (SMFG) has … – Wallstreet Investorplace (wallstreetinvestorplace.com)
- 4 Home Builders That Will Outperform: Credit Suisse – Investopedia (blog) (investopedia.com)
- Here’s What Short-Term Traders Should Know: DR Horton Inc (NYSE: DHI) – Alpha Beta Stock (alphabetastock.com)
- Is a Surprise Coming for DR Horton (DHI) This Earnings Season? – Nasdaq (nasdaq.com)
DHI has been the topic of a number of recent analyst reports. BTIG Research increased their price objective on shares of D. R. Horton to $62.00 in a research report on Thursday, December 14th. UBS Group initiated coverage on shares of D. R. Horton in a research report on Wednesday, October 25th. They issued a “buy” rating and a $50.00 price objective on the stock. KeyCorp increased their price objective on shares of D. R. Horton from $41.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, October 20th. JMP Securities set a $45.00 target price on shares of D. R. Horton and gave the company a “buy” rating in a report on Monday, October 16th. Finally, Bank of America upped their target price on shares of D. R. Horton from $43.00 to $55.00 and gave the company a “buy” rating in a report on Friday, October 6th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $50.00.
D. R. Horton (NYSE:DHI) last announced its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.04). The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4 billion. D. R. Horton had a net margin of 7.37% and a return on equity of 14.13%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 EPS. equities analysts anticipate that D. R. Horton will post 3.53 EPS for the current year.
In other D. R. Horton news, Director Michael W. Hewatt sold 2,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $47.86, for a total transaction of $95,720.00. Following the completion of the transaction, the director now directly owns 6,000 shares in the company, valued at approximately $287,160. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Michael J. Murray sold 7,000 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $48.23, for a total transaction of $337,610.00. Following the transaction, the chief operating officer now owns 56,304 shares of the company’s stock, valued at $2,715,541.92. The disclosure for this sale can be found here. Insiders sold a total of 28,677 shares of company stock valued at $1,410,293 in the last quarter. Insiders own 6.74% of the company’s stock.
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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.
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