Citizens JMP reiterates Market Outperform rating on D.R. Horton stock

Published 23/07/2025, 10:02
Citizens JMP reiterates Market Outperform rating on D.R. Horton stock

Investing.com - Citizens JMP analyst Aaron Hecht has reiterated a Market Outperform rating and $180.00 price target on D.R. Horton (NYSE:DHI), a prominent player in the Household Durables industry with a market capitalization of $45.89 billion, following the company’s fiscal third-quarter 2025 earnings report.

D.R. Horton reported earnings per share of $3.36 for the quarter, exceeding both Citizens’ expectation of $2.80 and consensus estimates of $2.92. The earnings beat was attributed to higher deliveries and margins in core homebuilding operations, along with improved SG&A efficiency.

The homebuilder maintained its fiscal year 2025 revenue guidance, although closings were reported at the lower end of the previously provided range. Citizens JMP described the quarter as "solid from an execution standpoint, especially on margins, given headwinds related to customer affordability." InvestingPro analysis reveals the company’s strong financial health with an overall score of "GREAT," suggesting robust operational efficiency despite market challenges.

The research firm reduced its projections for future periods as community count growth is expected to slow compared to previous outlooks. Citizens JMP continues to anticipate strong homebuyer demand as affordability improves, though the timing remains uncertain.

The price target of $180 represents approximately 2 times forward twelve-month book value, according to the research note. Citizens JMP recommends shares of D.R. Horton, particularly for investors who believe interest rates will decrease faster than current market expectations.

In other recent news, D.R. Horton Inc. reported impressive financial results for the third quarter of 2025. The company posted earnings per share of $3.36, surpassing analyst expectations of $2.90. Additionally, D.R. Horton’s revenue reached $9.23 billion, exceeding the anticipated $8.8 billion. These results highlight the company’s robust performance during the quarter. The positive earnings announcement reflects strong investor confidence. This development is significant for investors monitoring the company’s financial health. Such results could influence future assessments and expectations by analysts and investors alike.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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