D.R. Horton (DHI) : During the past 4 weeks, traders have been relatively bearish on D.R. Horton (DHI), hence the stock is down -4.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.35% relative to the S&P 500. The 4-week change in the price of the stock is -5.99% and the stock has fallen -0.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.13% and the 50-Day Moving Average is 7.75%.The 200 Day SMA reached 0.64% DR Horton Inc. has dropped 2.77% during the last 3-month period . Year-to-Date the stock performance stands at -5.66%.
D.R. Horton (DHI) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $39 and the lowest price target forecast is $28. The average forecast of all the analysts is $33.75 and the expected standard deviation is $3.81.
For the current week, the company shares have a recommendation consensus of Buy. D.R. Horton (NYSE:DHI): stock was range-bound between the intraday low of $29.875 and the intraday high of $30.41 after having opened at $30.22 on Fridays session. The stock finally closed in the red at $30.22, a loss of -1.64%. The stock remained in the red for the whole trading day. The total traded volume was 5,200,054 shares. The stock failed to cross $30.41 in Fridays trading. The stocks closing price on Thursday was $30.47.
D.R. Horton, Inc. is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States, under the names of D.R. Horton, Americas Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, Crown Communities and Pacific Ridge Homes. The Company operates through two segments: homebuilding and financial services operation. The Company designs, builds and sells single-family detached homes on lots it develops and on fully developed lots purchased ready for home construction. To a lesser extent, the Company builds and sells attached homes, such as town homes, duplexes, triplexes and condominiums. The Company sells land and lots to other developers and homebuilders where it has excess land and lot positions or for other strategic reasons.