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NYSE:DHI

D.R. Horton (DHI) Stock Price, News & Analysis

$186.43
+6.82 (+3.80%)
(As of 08/21/2024 ET)
Today's Range
$181.93
$187.11
50-Day Range
$135.19
$186.43
52-Week Range
$100.08
$187.12
Volume
2.72 million shs
Average Volume
2.55 million shs
Market Capitalization
$61.39 billion
P/E Ratio
12.69
Dividend Yield
0.64%
Price Target
$175.60

D.R. Horton MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.8% Downside
$175.60 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.56
Upright™ Environmental Score
News Sentiment
0.79mentions of D.R. Horton in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.47%
From $14.04 to $15.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.76 out of 5 stars

Construction Sector

2nd out of 96 stocks

Operative Builders Industry

1st out of 15 stocks

DHI stock logo

About D.R. Horton Stock (NYSE:DHI)

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as townhomes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; and owns non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

DHI Stock Price History

DHI Stock News Headlines

house frame new construction
Value Investing: Unearthing 3 Hidden Gems in Today's Market (DHI)
Discover undervalued companies and build long-term wealth through the insightful strategy of value investing.
new home construction frame
PulteGroup is Buying Back $1.5 Billion in Stock During a Crash (DHI)
PulteGroup management is in line with Wall Street analysts, expecting to see double-digit upside in their stock, which is why they are buying $1.5 billion of it
This technology could swing the election
Hidden in America's forgotten towns, a groundbreaking energy discovery is taking shape. And it's happening right in our own backyard - in the heart of Appalachia.
D.R. Horton Unusual Options Activity For August 21
This technology could swing the election
Hidden in America's forgotten towns, a groundbreaking energy discovery is taking shape. And it's happening right in our own backyard - in the heart of Appalachia.
D.R. Horton’s Growing Profits Bring in Big Money
See More Headlines
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Company Calendar

Last Earnings
7/18/2024
Ex-Dividend for 8/8 Dividend
8/01/2024
Dividend Payable
8/08/2024
Today
8/22/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/05/2024

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
23331A10
Employees
13,450
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$175.60
High Stock Price Target
$217.00
Low Stock Price Target
$123.00
Potential Upside/Downside
-5.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$4.75 billion
Pretax Margin
17.67%

Debt

Sales & Book Value

Annual Sales
$37.30 billion
Cash Flow
$14.89 per share
Book Value
$77.19 per share

Miscellaneous

Free Float
323,582,000
Market Cap
$61.39 billion
Optionable
Optionable
Beta
1.71

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Should I Buy D.R. Horton Stock? DHI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in D.R. Horton, Inc.:

  • D.R. Horton, Inc. has recently hit a new 52-week high at $179.08, indicating positive momentum in the stock price.
  • The company reported strong quarterly earnings results, surpassing analysts' expectations, with a solid EPS of $4.10.
  • Analysts have set new price targets for D.R. Horton, with several firms giving the stock a "buy" rating and increasing price objectives, suggesting growth potential.
  • D.R. Horton has a healthy return on equity of 20.72%, indicating efficient use of shareholder funds to generate profits.
  • The company's revenue for the quarter was up 2.5% year-over-year, demonstrating consistent growth in its business operations.

Cons

Investors should be bearish about investing in D.R. Horton, Inc. for these reasons:

  • Despite positive momentum, the stock has a beta of 1.71, indicating higher volatility compared to the market average, which may pose risks for investors.
  • Some analysts have issued an "underperform" rating on D.R. Horton, expressing concerns about the stock's performance relative to its peers.
  • The company's debt-to-equity ratio of 0.23 may raise concerns about its leverage levels and financial stability.
  • While revenue growth is positive, the stock's PE ratio of 12.05 suggests that the market may have already priced in much of the company's current performance.
  • Investors should consider market conditions and economic factors that could impact the construction industry, which may influence D.R. Horton's future prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 8, 2024. Please send any questions or comments about these D.R. Horton pros and cons to contact@marketbeat.com.

DHI Stock Analysis - Frequently Asked Questions

How have DHI shares performed this year?

D.R. Horton's stock was trading at $151.98 at the start of the year. Since then, DHI shares have increased by 22.7% and is now trading at $186.43.
View the best growth stocks for 2024 here
.

How were D.R. Horton's earnings last quarter?

D.R. Horton, Inc. (NYSE:DHI) issued its quarterly earnings results on Thursday, July, 18th. The construction company reported $4.10 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.35. The company's revenue for the quarter was up 2.5% on a year-over-year basis.
Read the conference call transcript
.

Is D.R. Horton buying back stock?

D.R. Horton's Board of Directors authorized a stock buyback plan on Thursday, July 18th 2024, which allows the company to repurchase $4,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 6.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

What is David V. Auld's approval rating as D.R. Horton's CEO?

151 employees have rated D.R. Horton Chief Executive Officer David V. Auld on Glassdoor.com. David V. Auld has an approval rating of 77% among the company's employees.

Does D.R. Horton have any subsidiaries?

D.R. Horton subsidiaries include Forestar Group, Wilson Parker Homes, 10700 Pecan Park Austin Inc., 11241 Slater Avenue NE LLC, 2 C Development Company LLC, 8800 Roswell Road Bldg. B LLC, 91st Avenue & Happy Valley L.L.C., and more.

Who are D.R. Horton's major shareholders?

Top institutional shareholders of D.R. Horton include Dimensional Fund Advisors LP (1.27%), Greenhaven Associates Inc. (1.11%), Legal & General Group Plc (0.80%) and Marshall Wace LLP (0.71%). Insiders that own company stock include David V Auld, Michael J Murray, Bill W Wheat, Paul J Romanowski, Bradley S Anderson, Barbara K Allen, Aron M Odom, Michael R Buchanan and Michael W Hewatt.
View institutional ownership trends
.

How do I buy shares of D.R. Horton?

Shares of DHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of D.R. Horton own?

Based on aggregate information from My MarketBeat watchlists, some other companies that D.R. Horton investors own include NVIDIA (NVDA), Home Depot (HD), Intel (INTC), AT&T (T), Walt Disney (DIS), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

This page (NYSE:DHI) was last updated on 8/22/2024 by MarketBeat.com Staff

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