D.R. Horton Inc. (NYSE: DHI) is 15.34% higher on its value in year-to-date trading and has touched a low of $100.08 and a high of $185.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DHI stock was last observed hovering at around $174.21 in the last trading session, with the day’s gains setting it 1.08%.
Currently trading at $175.29, the stock is 0.14% and 12.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 0.62% at the moment leaves the stock 19.17% off its SMA200. DHI registered 38.20% gain for a year compared to 6-month gain of 20.47%.
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The stock witnessed a 11.29% loss in the last 1 month and extending the period to 3 months gives it a 11.24%, and is 1.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.97% over the week and 3.29% over the month.
D.R. Horton Inc. (DHI) has around 13450 employees, a market worth around $57.15B and $37.30B in sales. Current P/E ratio is 11.77 and Fwd P/E is 11.00. Profit margin for the company is 13.36%. Distance from 52-week low is 75.15% and -5.47% from its 52-week high. The company has generated returns on investments over the last 12 months (16.83%).
D.R. Horton Inc. quarterly earnings per share for the current quarter are estimated at 4.17 with sales reaching $10.22B over the same period.The EPS is expected to grow by 6.02% this year, but quarterly earnings will post 3.80% year-over-year. Quarterly sales are estimated to shrink -2.70% in year-over-year returns.
1497.0 institutions hold shares in D.R. Horton Inc. (DHI), with institutional investors hold 92.96% of the company’s shares. The shares outstanding are 334.85M, and float is at 287.70M with Short Float at 1.84%. Institutions hold 83.56% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 34.86 million shares valued at $$5.74 billion. The investor’s holdings represent 10.5338 of the DHI Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 33.07 million shares valued at $$5.44 billion to account for 9.9951 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 14.48 million shares representing 4.3746 and valued at over $$2.38 billion, while STATE STREET CORP holds 4.0742 of the shares totaling 13.48 million with a market value of $$2.22 billion.
D.R. Horton Inc. (DHI) Insider Activity
The most recent transaction is an insider sale by BUCHANAN MICHAEL R, the company’s Director. SEC filings show that BUCHANAN MICHAEL R sold 2,000 shares of the company’s common stock on May 06 ’24 at a price of $150.70 per share for a total of $0.3 million. Following the sale, the insider now owns 1703.0 shares.
D.R. Horton Inc. disclosed in a document filed with the SEC on Apr 23 ’24 that Allen Barbara K (Director) sold a total of 363 shares of the company’s common stock. The trade occurred on Apr 23 ’24 and was made at $148.46 per share for $53891.0. Following the transaction, the insider now directly holds 5650.0 shares of the DHI stock.
Still, SEC filings show that on Mar 20 ’24, Auld David V (Executive Vice Chair) disposed off 25,000 shares at an average price of $156.33 for $3.91 million. The insider now directly holds 773,121 shares of D.R. Horton Inc. (DHI).
