D.R. Horton Inc. (NYSE: DHI) kicked off on May 19, 2023, at the price of $112.71, down -2.04% from the previous trading day. During the day, the shares moved up to $112.71 and dropped to $109.57 before settling in for the closing price of $112.48. Over the past 52 weeks, DHI has traded in a range of $59.25-$112.88.
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Consumer Cyclical Sector giant saw their annual sales surged by 18.90% over the last five years. While this was happening, its average annual earnings per share was recorded 44.60%. With a float of $302.33 million, this company’s outstanding shares have now reached $342.10 million.
The firm has a total of 13237 workers. Let’s measure their productivity. In terms of profitability, gross margin is +31.37, operating margin of +23.02, and the pretax margin is +22.79.
D.R. Horton Inc. (DHI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Residential Construction Industry. The insider ownership of D.R. Horton Inc. is 0.60%, while institutional ownership is 87.30%. The most recent insider transaction that took place on May 17, was worth 4,486,524. In this transaction EVP and COO of this company sold 40,000 shares at a rate of $112.16, taking the stock ownership to the 84,268 shares. Before that another transaction happened on May 03, when Company’s EVP and COO sold 54,000 for $110.21, making the entire transaction worth $5,951,572. This insider now owns 257,294 shares in total.
D.R. Horton Inc. (DHI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $2.73 earnings per share (EPS), higher than consensus estimate (set at $1.93) by $0.8. This company achieved a net margin of +17.50 while generating a return on equity of 34.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.94 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.40% during the next five years compared to 43.20% growth over the previous five years of trading.
D.R. Horton Inc. (NYSE: DHI) Trading Performance Indicators
Take a look at D.R. Horton Inc.’s (DHI) current performance indicators. Last quarter, stock had a price to sales ratio for the trailing twelve months stands at 1.14. Likewise, its price to free cash flow for the trailing twelve months is 16.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.83, a number that is poised to hit 2.76 in the next quarter and is forecasted to reach 11.27 in one year’s time.
Technical Analysis of D.R. Horton Inc. (DHI)
Analysing the last 5-days average volume posted by the [D.R. Horton Inc., DHI], we can find that recorded value of 2.4 million was lower than the volume posted last year of 2.97 million. As of the previous 9 days, the stock’s Stochastic %D was 77.46%. Additionally, its Average True Range was 2.25.
During the past 100 days, D.R. Horton Inc.’s (DHI) raw stochastic average was set at 89.51%, which indicates a significant increase from 57.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.00% in the past 14 days, which was lower than the 25.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.44, while its 200-day Moving Average is $87.69. Now, the first resistance to watch is $112.08. This is followed by the second major resistance level at $113.96. The third major resistance level sits at $115.22. If the price goes on to break the first support level at $108.94, it is likely to go to the next support level at $107.68. Should the price break the second support level, the third support level stands at $105.80.
D.R. Horton Inc. (NYSE: DHI) Key Stats
The company with the Market Capitalisation of 38.36 billion has total of 341,071K Shares Outstanding. Its annual sales at the moment are 33,480 M in contrast with the sum of 5,858 M annual income. Company’s last quarter sales were recorded 7,973 M and last quarter income was 942,200 K.
