D.R. Horton Inc. (NYSE: DHI) is 23.38% higher on its value in year-to-date trading and has touched a low of $100.08 and a high of $193.63 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 $186.14 in the last trading session, with the day’s gains setting it 1.38%.
Currently trading at $187.52, the stock is 2.72% and 10.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 0.74% at the moment leaves the stock 23.02% off its SMA200. DHI registered 60.12% gain for a year compared to 6-month gain of 22.10%.
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The stock witnessed a 8.56% loss in the last 1 month and extending the period to 3 months gives it a 33.73%, and is -0.66% down 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 2.41% over the week and 2.23% over the month.
D.R. Horton Inc. (DHI) has around 13450 employees, a market worth around $61.14B and $37.30B in sales. Current P/E ratio is 12.59 and Fwd P/E is 11.76. Profit margin for the company is 13.36%. Distance from 52-week low is 87.37% and -3.16% from its 52-week high. The company has generated returns on investments over the last 12 months (16.83%).
The EPS is expected to grow by 6.04% this year.
D.R. Horton Inc. (DHI) Top Institutional Holders
1500.0 institutions hold shares in D.R. Horton Inc. (DHI), with institutional investors hold 93.24% 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 83.81% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 34.61 million shares valued at $4.88 billion. The investor’s holdings represent 10.4593% of the DHI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 34.06 million shares valued at $4.8 billion to account for 10.2946 of the shares outstanding. The other top investors are STATE STREET CORP which holds 13.2 million shares representing 3.9905% and valued at over $1.86 billion, while CAPITAL WORLD INVESTORS holds 3.9663 of the shares totaling 13.12 million with a market value of $1.85 billion.
D.R. Horton Inc. (DHI) Insider Activity
The most recent transaction is an insider sale by Odom Aron M., the company’s SVP, Controller and PAO. SEC filings show that Odom Aron M. sold 1,000 shares of the company’s common stock on Aug 23 ’24 at a price of $191.25 per share for a total of $0.19 million. Following the sale, the insider now owns 6457.0 shares.
D.R. Horton Inc. disclosed in a document filed with the SEC on May 06 ’24 that BUCHANAN MICHAEL R (Director) sold a total of 2,000 shares of the company’s common stock. The trade occurred on May 06 ’24 and was made at $150.70 per share for $0.3 million. Following the transaction, the insider now directly holds 1703.0 shares of the DHI stock.
Still, SEC filings show that on Apr 23 ’24, Allen Barbara K (Director) disposed off 363 shares at an average price of $148.46 for $53891.0. The insider now directly holds 5,650 shares of D.R. Horton Inc. (DHI).
