D.R. Horton Inc. [DHI] gain 42.37% so far this year. What now?

D.R. Horton Inc. [NYSE: DHI] traded at a high on 11/19/20, posting a 0.75 gain after which it closed the day’ session at $75.10. The company report on November 10, 2020 that D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2020 Earnings and Increases Quarterly Dividend To $0.20 Per Share.

D.R. Horton, Inc. (NYSE:DHI):.

Fiscal 2020 Fourth Quarter Highlights – comparisons to the prior year quarter.

The results of the trading session contributed to over 3422862 shares changing hands. Over the past one week, the price volatility of D.R. Horton Inc. stands at 3.28% while the volatility over the past one month is 4.30%.

The market cap for DHI stock reached $26.65 billion, with 363.80 million shares outstanding and 327.70 million shares in the current float. Compared to the average trading volume of 3.21M shares, DHI reached a trading volume of 3422862 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about D.R. Horton Inc. [DHI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DHI shares is $84.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DHI stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Truist have made an estimate for D.R. Horton Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 19, 2020. The new note on the price target was released on November 11, 2020, representing the official price target for D.R. Horton Inc. stock. Previously, the target price had yet another raise to $90, while Atlantic Equities analysts kept a Overweight rating on DHI stock.

The Average True Range (ATR) for D.R. Horton Inc. is set at 3.05, with the Price to Sales ratio for DHI stock in the period of the last 12 months amounting to 1.31. The Price to Book ratio for the last quarter was 2.47, with the Price to Cash per share for the same quarter was set at 6.63. Price to Free Cash Flow for DHI in the course of the last twelve months was 44.24.

How has DHI stock performed recently?

D.R. Horton Inc. [DHI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.15. With this latest performance, DHI shares gained by 2.72% in over the last four-week period, additionally plugging by 38.92% over the last 6 months – not to mention a rise of 37.62% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DHI stock in for the last two-week period is set at 56.28, with the RSI for the last a single of trading hit 58.73, and the three-weeks RSI is set at 53.94 for D.R. Horton Inc. [DHI]. The present Moving Average for the last 50 days of trading for this stock 73.43, while it was recorded at 74.10 for the last single week of trading, and 59.38 for the last 200 days.

D.R. Horton Inc. [DHI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and D.R. Horton Inc. [DHI] shares currently have an operating margin of +14.23 and a Gross Margin at +24.31. D.R. Horton Inc.’s Net Margin is presently recorded at +11.69.

Return on Total Capital for DHI is now 19.20, given the latest momentum, and Return on Invested Capital for the company is 17.18. Return on Equity for this stock inclined to 21.72, with Return on Assets sitting at 13.70. When it comes to the capital structure of this company, D.R. Horton Inc. [DHI] has a Total Debt to Total Equity ratio set at 36.18. Additionally, DHI Total Debt to Total Capital is recorded at 26.57, with Total Debt to Total Assets ending up at 22.65. Long-Term Debt to Equity for the company is recorded at 36.18, with the Long-Term Debt to Total Capital now at 26.57.

Earnings analysis for D.R. Horton Inc. [DHI]

With the latest financial reports released by the company, D.R. Horton Inc. posted 1.16/share EPS, while the average EPS was predicted by analysts to be reported at 0.92/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 26.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DHI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for D.R. Horton Inc. go to 15.80%.

Insider trade positions for D.R. Horton Inc. [DHI]

There are presently around $22,772 million, or 83.10% of DHI stock, in the hands of institutional investors. The top three institutional holders of DHI stocks are: VANGUARD GROUP INC with ownership of 36,153,991, which is approximately -3.357% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 32,189,390 shares of the stock with an approximate value of $2.42 billion in DHI stocks shares; and FMR LLC, currently with $1.3 billion in DHI stock with ownership of nearly 19.23% of the company’s market capitalization.

Positions in D.R. Horton Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 373 institutional holders increased their position in D.R. Horton Inc. [NYSE:DHI] by around 35,090,549 shares. Additionally, 389 investors decreased positions by around 34,772,537 shares, while 83 investors held positions by with 233,363,794 shares. The mentioned changes placed institutional holdings at 303,226,880 shares, according to the latest SEC report filing. DHI stock had 115 new institutional investments in for a total of 8,684,428 shares, while 75 institutional investors sold positions of 6,668,328 shares during the same period.

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