D.R. Horton Inc. (DHI) concluded trading on Wednesday at a closing price of $157.51, with 3.93 million shares of worth about $619.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.95% during that period and on July 17, 2024 the price saw a loss of about -2.93%. Currently the company’s common shares owned by public are about 334.85M shares, out of which, 289.60M shares are available for trading.
Stock saw a price change of 12.84% in past 5 days and over the past one month there was a price change of 10.32%. Year-to-date (YTD), DHI shares are showing a performance of 3.64% which increased to 23.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $100.08 but also hit the highest price of $165.75 during that period. The average intraday trading volume for D.R. Horton Inc. shares is 2.44 million. The stock is currently trading 10.66% above its 20-day simple moving average (SMA20), while that difference is up 8.76% for SMA50 and it goes to 12.72% higher than SMA200.
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D.R. Horton Inc. (NYSE: DHI) currently have 334.85M outstanding shares and institutions hold larger chunk of about 84.29% of that.
The stock has a current market capitalization of $51.87B and its 3Y-monthly beta is at 1.72. PE ratio of stock for trailing 12 months is 10.72, while it has posted earnings per share of $14.69 in the same period. Its PEG reads 2.44 and has Quick Ratio of 0.89 while making debt-to-equity ratio of 0.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DHI, volatility over the week remained 3.68% while standing at 2.57% over the month.
Stock’s fiscal year EPS is expected to rise by 2.84% while it is estimated to increase by 8.07% in next year. EPS is likely to shrink at an annualized rate of 4.40% for next 5-years, compared to annual growth of 29.41% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on July 02, 2024 offering a Neutral rating for the stock and assigned a target price range of between $181 and $156 to it. Coverage by Wedbush stated D.R. Horton Inc. (DHI) stock as an Underperform in their note to investors on April 02, 2024, suggesting a price target of $130 for the stock. On January 22, 2024, Seaport Research Partners Downgrade their recommendations, while on December 13, 2023, Keefe Bruyette Upgrade their ratings for the stock with a price target of $164. Stock get a Hold rating from Jefferies on November 27, 2023.
