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NYSE:DHI

D.R. Horton (DHI) Stock Price, News & Analysis

$185.48
+0.32 (+0.17%)
(As of 10/8/2024 ET)

About D.R. Horton Stock (NYSE:DHI)

Key Stats

Today's Range
$184.25
$187.38
50-Day Range
$169.00
$197.06
52-Week Range
$100.08
$199.85
Volume
1.13 million shs
Average Volume
2.46 million shs
Market Capitalization
$61.08 billion
P/E Ratio
12.63
Dividend Yield
0.65%
Price Target
$183.33
Consensus Rating
Moderate Buy

Company Overview

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as townhomes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; and owns non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

D.R. Horton Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
90th Percentile Overall Score

DHI MarketRank™: 

D.R. Horton scored higher than 90% of companies evaluated by MarketBeat, and ranked 10th out of 104 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    D.R. Horton has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 10 buy ratings, 4 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    D.R. Horton has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about D.R. Horton's stock forecast and price target.
  • Earnings Growth

    Earnings for D.R. Horton are expected to grow by 9.69% in the coming year, from $14.03 to $15.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of D.R. Horton is 12.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of D.R. Horton is 12.63, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 24.95.

  • Price to Earnings Growth Ratio

    D.R. Horton has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    D.R. Horton has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about D.R. Horton's valuation and earnings.
  • Percentage of Shares Shorted

    1.92% of the float of D.R. Horton has been sold short.
  • Short Interest Ratio / Days to Cover

    D.R. Horton has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in D.R. Horton has recently increased by 12.45%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    D.R. Horton has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    D.R. Horton does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of D.R. Horton is 8.17%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, D.R. Horton will have a dividend payout ratio of 7.80% next year. This indicates that D.R. Horton will be able to sustain or increase its dividend.

  • Read more about D.R. Horton's dividend.
  • Percentage of Shares Shorted

    1.92% of the float of D.R. Horton has been sold short.
  • Short Interest Ratio / Days to Cover

    D.R. Horton has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in D.R. Horton has recently increased by 12.45%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    D.R. Horton has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for D.R. Horton this week, compared to 13 articles on an average week.
  • Search Interest

    Only 40 people have searched for DHI on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
  • MarketBeat Follows

    Only 11 people have added D.R. Horton to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, D.R. Horton insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.74% of the stock of D.R. Horton is held by insiders.

  • Percentage Held by Institutions

    90.63% of the stock of D.R. Horton is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about D.R. Horton's insider trading history.
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DHI Stock News Headlines

3D model of house blueprint homebuilder — Photo
Top 3 Homebuilder Stocks to Watch as Rates Drop (DHI)
Homebuilder stocks have rallied this year in anticipation of a rate cut; now that the Fed has initiated its first trim, a few firms stand out from the pack.
home construction homebuilder stocks
KB Home Slips After Earnings: What’s Next for Homebuilders? (DHI)
Homebuilding and housing stocks are sending the entire market a warning as it is a leading industry, fundamentals and financials weakened to lead prices lower
625,000% Gain
The recent pullback in the crypto markets has left many investors in full-on panic mode, convinced the bull run is over. But if history has taught us anything, it’s that this is only the beginning.
Wells Fargo Sticks to Its Buy Rating for DR Horton (DHI)
D.R. Horton (NYSE:DHI) Trading Down 3.1% - Should You Sell?
5 Top Stocks to Buy in October
See More Headlines

DHI Stock Analysis - Frequently Asked Questions

D.R. Horton's stock was trading at $151.98 on January 1st, 2024. Since then, DHI stock has increased by 22.0% and is now trading at $185.48.
View the best growth stocks for 2024 here
.

D.R. Horton, Inc. (NYSE:DHI) announced its quarterly earnings results on Thursday, July, 18th. The construction company reported $4.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.35. D.R. Horton's revenue was up 2.5% compared to the same quarter last year.
Read the conference call transcript
.

D.R. Horton's board authorized a stock buyback program on Thursday, July 18th 2024, which allows the company to repurchase $4,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 6.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

D.R. Horton subsidiaries include these companies: Forestar Group, Wilson Parker Homes, 10700 Pecan Park Austin Inc., 11241 Slater Avenue NE LLC, 2 C Development Company LLC, 8800 Roswell Road Bldg. B LLC, 91st Avenue & Happy Valley L.L.C., and more.

D.R. Horton's top institutional investors include Greenhaven Associates Inc. (1.11%), Atwood & Palmer Inc. (0.07%), Park National Corp OH (0.06%) and Handelsbanken Fonder AB (0.03%). Insiders that own company stock include David V Auld, Michael J Murray, Bill W Wheat, Paul J Romanowski, Bradley S Anderson, Barbara K Allen, Aron M Odom, Michael R Buchanan and Michael W Hewatt.
View institutional ownership trends
.

Shares of DHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that D.R. Horton investors own include NVIDIA (NVDA), Home Depot (HD), Intel (INTC), AT&T (T), Walt Disney (DIS), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

Company Calendar

Last Earnings
7/18/2024
Ex-Dividend for 8/8 Dividend
8/01/2024
Dividend Payable
8/08/2024
Today
10/08/2024
Next Earnings (Confirmed)
10/29/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
Homebuilding
CUSIP
23331A10
Employees
13,450
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$183.33
High Stock Price Target
$220.00
Low Stock Price Target
$130.00
Potential Upside/Downside
-1.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$4.75 billion
Pretax Margin
17.67%

Debt

Sales & Book Value

Annual Sales
$37.30 billion
Cash Flow
$13.71 per share
Book Value
$68.39 per share

Miscellaneous

Free Float
323,582,000
Market Cap
$61.08 billion
Optionable
Optionable
Beta
1.72

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This page (NYSE:DHI) was last updated on 10/8/2024 by MarketBeat.com Staff
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