D.R. Horton Inc (NYSE: DHI) is -6.59% lower on its value in year-to-date trading and has touched a low of $127.47 and a high of $199.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DHI stock was last observed hovering at around $130.21 in the last trading session, with the day’s gains setting it 0.39%.
Currently trading at $130.60, the stock is -7.53% and -10.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 0.30% at the moment leaves the stock -19.06% off its SMA200. DHI registered -9.67% loss for a year compared to 6-month loss of -24.50%. The firm has a 50-day simple moving average (SMA 50) of $146.2474 and a 200-day simple moving average (SMA200) of $161.4272.
The stock witnessed a -4.34% gain in the last 1 month and extending the period to 3 months gives it a -22.31%, and is -6.55% 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 2.99% over the week and 2.86% over the month.
D.R. Horton Inc (DHI) has around 14766 employees, a market worth around $41.15B and $36.69B in sales. Current P/E ratio is 9.23 and Fwd P/E is 9.13. Profit margin for the company is 12.69%. Distance from 52-week low is 2.46% and -34.65% from its 52-week high. The company has generated returns on investments over the last 12 months (15.62%).
with sales reaching $8.07B over the same period.The EPS is expected to shrink by -10.00% this year, but quarterly earnings will post -0.46% year-over-year. Quarterly sales are estimated to shrink -11.43% 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 93.50% of the company’s shares. The shares outstanding are 317.65M, and float is at 276.54M with Short Float at 2.52%. Institutions hold 83.75% 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
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D.R. Horton Inc disclosed in a document filed with the SEC on Nov 21 ’24 that Allen Barbara K (Director) sold a total of 5,650 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $163.10 per share for $0.92 million. Following the transaction, the insider now directly holds 0.0 shares of the DHI stock.
Still, SEC filings show that on Dec 04 ’24, Allen Barbara K (Director) Proposed Sale 5,650 shares at an average price of $162.20 for $0.92 million. The insider now directly holds shares of D.R. Horton Inc (DHI).
