D.R. Horton (DHI) has been under a strong bear grip, hence the stock is down -2.65% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.85% in the past 1 week. The stock has risen by 0.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.86% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.17% and the fifty day Moving Average is 1.44%. DR Horton Inc. is up 4.71% in the last three month period. Year-to-Date the stock performance stands at 0.54%.
D.R. Horton (DHI) : The consensus price target for D.R. Horton (DHI) is $33.75 for the short term with a standard deviation of $3.81. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $39, however, the pessimist price target for the company is $28.
D.R. Horton (NYSE:DHI): On Fridays trading session , Opening price of the stock was $32.67 with an intraday high of $32.7874. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.71. However, the stock managed to close at $31.94, a loss of 2.11% for the day. On the previous day, the stock had closed at $32.63. The total traded volume of the day was 3,419,967 shares.
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.