A new trading day began on Monday, with D.R. Horton Inc. (NYSE: DHI) stock price down -4.26% from the previous day of trading, before settling in for the closing price of $194.56. DHI’s price has ranged from $100.08 to $199.85 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 19.66%. Meanwhile, its annual earnings per share averaged 5.95%. With a float of $287.70 million, this company’s outstanding shares have now reached $334.85 million.
Let’s determine the extent of company efficiency that accounts for 13450 employees. In terms of profitability, gross margin is 26.28%, operating margin of 17.62%, and the pretax margin is 17.68%.
D.R. Horton Inc. (DHI) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Residential Construction Industry. The insider ownership of D.R. Horton Inc. is 11.76%, while institutional ownership is 83.18%. The most recent insider transaction that took place on Aug 23 ’24, was worth 191,250. In this transaction SVP, Controller and PAO of this company sold 1,000 shares at a rate of $191.25, taking the stock ownership to the 6,457 shares. Before that another transaction happened on May 06 ’24, when Company’s Director sold 2,000 for $150.70, making the entire transaction worth $301,400. This insider now owns 1,703 shares in total.
D.R. Horton Inc. (DHI) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 4.45 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.27% during the next five years compared to 29.41% growth over the previous five years of trading.
D.R. Horton Inc. (NYSE: DHI) Trading Performance Indicators
Here are D.R. Horton Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 28.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.89, a number that is poised to hit 4.17 in the next quarter and is forecasted to reach 15.92 in one year’s time.
Technical Analysis of D.R. Horton Inc. (DHI)
Looking closely at D.R. Horton Inc. (NYSE: DHI), its last 5-days average volume was 2.0 million, which is a drop from its year-to-date volume of 2.43 million. As of the previous 9 days, the stock’s Stochastic %D was 68.99%. Additionally, its Average True Range was 4.43.
During the past 100 days, D.R. Horton Inc.’s (DHI) raw stochastic average was set at 79.68%, which indicates a significant increase from 33.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.78% in the past 14 days, which was lower than the 33.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $187.16, while its 200-day Moving Average is $160.12. However, in the short run, D.R. Horton Inc.’s stock first resistance to watch stands at $191.11. Second resistance stands at $195.95. The third major resistance level sits at $198.53. If the price goes on to break the first support level at $183.69, it is likely to go to the next support level at $181.11. Now, if the price goes above the second support level, the third support stands at $176.27.
D.R. Horton Inc. (NYSE: DHI) Key Stats
With a market capitalization of 60.73 billion, the company has a total of 329,312K Shares Outstanding. Currently, annual sales are 35,460 M while annual income is 4,746 M. The company’s previous quarter sales were 9,966 M while its latest quarter income was 1,354 M.
