On Oct 31, major Wall Street analysts update their ratings for $D.R. Horton (DHI.US)$, with price targets ranging from $185 to $214.
BofA Securities analyst Rafe Jadrosich maintains with a buy rating.
Citi analyst Anthony Pettinari maintains with a hold rating, and adjusts the target price from $156 to $185.
Barclays analyst Matthew Bouley maintains with a buy rating, and adjusts the target price from $200 to $192.
UBS analyst John Lovallo maintains with a buy rating, and adjusts the target price from $217 to $214.
Wells Fargo analyst Sam Reid maintains with a buy rating, and maintains the target price at $190.
Furthermore, according to the comprehensive report, the opinions of $D.R. Horton (DHI.US)$'s main analysts recently are as follows:
The company's recent earnings report may act as a sobering moment for investors, yet optimism driven by rates could offer support to the stock over the medium term.
D.R. Horton's Q4 results fell short, accompanied by a less favorable outlook for fiscal 2025, which suggests potential pricing challenges as the 2025 spring selling season approaches.
The firm cites the company's Q4 miss across the metrics, while its Q1 outlook implies 'further weakness'. D.R. Horton's near-term prospects for little growth, likely further margin pressures, and ROE compressing to just in-line with peers should weigh on the stock's premium valuation.
The firm notes that D.R. Horton's Q4 earnings miss was influenced by several factors such as delivery volume, pricing, margins, and decreased financial services income. The company's management has pointed out that customers are showing hesitation, awaiting a potential decrease in interest rates and the conclusion of the Presidential elections.
Here are the latest investment ratings and price targets for $D.R. Horton (DHI.US)$ from 9 analysts:
Note:
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