D.R. Horton (DHI) : During the past 4 weeks, traders have been relatively bearish on D.R. Horton (DHI), hence the stock is down -6.81% 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 -2.18% relative to the S&P 500. The 4-week change in the price of the stock is -4.49% and the stock has fallen -1.76% in the past 1 week.
D.R. Horton (NYSE:DHI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.24 and $32.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.30, notching a gain of 0.72% for the day. The total traded volume was 3,550,131 . The stock had closed at $32.07 on the previous day.
The stock has recorded a 20-day Moving Average of 3.54% and the 50-Day Moving Average is 1%. DR Horton Inc. is up 9.91% in the last 3-month period. Year-to-Date the stock performance stands at 1.68%.
D.R. Horton (DHI) : The consensus price target for D.R. Horton (DHI) is $33.68 for the short term with a standard deviation of $3.62. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $39, however, the pessimist price target for the company is $28.
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.