D.R. Horton Inc. (NYSE: DHI):The Stock Was Up 7.31 Percent From Its Lows On Thursday, So What’s To Come? – Marketing Sentinel
Home  »  Company   »  D.R. Horton Inc. (NYSE: DHI):The Stock Was Up 7.31...

D.R. Horton Inc. (NYSE: DHI):The Stock Was Up 7.31 Percent From Its Lows On Thursday, So What’s To Come?

During the recent session, D.R. Horton Inc. (NYSE:DHI)’s traded shares were 0.86 million, with the beta value of the company hitting 1.59. At the last check today, the stock’s price was $69.19, reflecting an intraday gain of 2.41% or $1.63. The 52-week high for the DHI share is $110.45, that puts it down -59.63 from that peak though still a striking 7.31% gain since the share price plummeted to a 52-week low of $64.13. The company’s market capitalization is $24.17B, and the average intraday trading volume over the past 10 days was 3.87 million shares, and the average trade volume was 3.85 million shares over the past three months.

D.R. Horton Inc. (DHI) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 1.90. DHI has a Sell rating from 0 analyst(s) out of 21 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 2 suggest Overweight, and 14 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $2.79.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

D.R. Horton Inc. (NYSE:DHI) trade information

D.R. Horton Inc. (DHI) registered a 2.41% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.41% in intraday trading to $69.19 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -5.05%, and it has moved by -5.72% in 30 days. Based on these gigs, the overall price performance for the year is -28.86%. The short interest in D.R. Horton Inc. (NYSE:DHI) is 7.17 million shares and it means that shorts have 2.24 day(s) to cover.

The consensus price target of analysts on Wall Street is $102.97, which implies an increase of 32.81% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $82.50 and $151.00 respectively. As a result, DHI is trading at a discount of -118.24% off the target high and -19.24% off the low.

D.R. Horton Inc. (DHI) estimates and forecasts

Statistics show that D.R. Horton Inc. has outperformed its competitors in share price, compared to the industry in which it operates. D.R. Horton Inc. (DHI) shares have gone down -28.90% during the last six months, with a year-to-date growth rate more than the industry average at 52.23% against 31.50. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 30.40% this quarter and then jump 33.20% in the quarter after that. In the rating firms’ projections, revenue will increase 19.80% compared to the previous financial year.

Revenue for the current quarter is expected to be $6.71 billion as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to $7.85 billion by the end of Mar 2022.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 37.00%. While earnings are projected to return 78.00% in 2022, the next five years will return 9.89% per annum.

DHI Dividends

D.R. Horton Inc. is due to release its next quarterly earnings between April 20 and April 25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for D.R. Horton Inc. is 0.90, with the dividend yield indicating at 1.33 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.10%.

D.R. Horton Inc. (NYSE:DHI)’s Major holders

D.R. Horton Inc. insiders own 10.21% of total outstanding shares while institutional holders control 83.41%, with the float percentage being 92.90%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 1,260 institutions own stock in it. As of Sep 29, 2021, the company held over 34.58 million shares (or 9.71% of all shares), a total value of $2.9 billion in shares.

The next largest institutional holding, with 34.09 million shares, is of Blackrock Inc.’s that is approximately 9.57% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $2.86 billion.

Also, the Mutual Funds coming in first place with the largest holdings of D.R. Horton Inc. (DHI) shares are Growth Fund Of America Inc and Vanguard Total Stock Market Index Fund. Data provided on Sep 29, 2021 indicates that Growth Fund Of America Inc owns about 9.44 million shares. This amounts to just over 2.65 percent of the company’s overall shares, with a $792.94 million market value. The same data shows that the other fund manager holds slightly less at 9.11 million, or about 2.56% of the stock, which is worth about $765.02 million.

Leave a Comment

Your email address will not be published.

On Key

Related Posts