D.R. Horton Inc (NYSE: DHI) is 13.79% higher on its value in year-to-date trading and has touched a low of $125.28 and a high of $199.85 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 $163.53 in the last trading session, with the day’s gains setting it 9.41%.
Currently trading at $172.94, the stock is 4.12% and -3.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.72 million and changing 5.75% at the moment leaves the stock 6.25% off its SMA200. DHI registered 35.66% gain for a year compared to 6-month gain of 21.06%. The firm has a 50-day simple moving average (SMA 50) of $179.7616 and a 200-day simple moving average (SMA200) of $162.62975.
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The stock witnessed a -3.51% loss in the last 1 month and extending the period to 3 months gives it a -7.78%, and is 7.12% 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 2.38% over the week and 3.00% over the month.
D.R. Horton Inc (DHI) has around 14766 employees, a market worth around $55.54B and $36.80B in sales. Current P/E ratio is 12.04 and Fwd P/E is 11.07. Profit margin for the company is 12.92%. Distance from 52-week low is 38.04% and -13.47% from its 52-week high. The company has generated returns on investments over the last 12 months (15.70%).
with sales reaching $7.12B over the same period.The EPS is expected to shrink by -2.12% this year, but quarterly earnings will post 1.12% year-over-year. Quarterly sales are estimated to shrink -7.89% in year-over-year returns.
D.R. Horton Inc (DHI) Top Institutional Holders
1617.0 institutions hold shares in D.R. Horton Inc (DHI), with institutional investors hold 93.09% of the company’s shares. The shares outstanding are 324.03M, and float is at 283.20M with Short Float at 2.19%. Institutions hold 83.46% 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 Allen Barbara K, the company’s Director. SEC filings show that Allen Barbara K sold 5,650 shares of the company’s common stock on Nov 21 ’24 at a price of $163.10 per share for a total of $0.92 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Aug 23 ’24, Odom Aron M. (SVP, Controller and PAO) disposed off 1,000 shares at an average price of $191.25 for $0.19 million. The insider now directly holds 6,457 shares of D.R. Horton Inc (DHI).
