BTIG analyst Carl Reichardt maintained a Buy rating on DR Horton (NYSE:DHI) on Friday, setting a price target of $123, which is approximately 28.78% above the present share price of $95.51.
Reichardt expects DR Horton to post earnings per share (EPS) of $3.10 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in DR Horton, with an average price target of $114.63.
The analysts price targets range from a high of $128 to a low of $101.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $7.28 billion and a net profit of $1.42 billion. The company's market cap is $34.21 billion.
According to TipRanks.com, BTIG analyst Carl Reichardt is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.4% and a 56.86% success rate.
Founded in 1978, Texas-based D.R. Horton, Inc. is a homebuilding company that is engaged in the construction and sale of single-family homes through its diverse brand portfolio that includes D.R. Horton, Emerald Homes, Express Homes and Freedom Homes.