D.R. Horton Inc (NYSE:DHI) shares, rose in value, with the stock price down by -3.37% to the previous day’s close as strong demand from buyers drove the stock to $117.39.
Actively observing the price movement in the last trading, the stock closed the session at $121.48. The PE ratio was 8.88 over 12-month period. Referring to stock’s 52-week performance, its high was $199.85, and the low was $110.44. On the whole, DHI has fluctuated by -6.22% over the past month.
With the market capitalization of D.R. Horton Inc currently standing at about $36.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.50, with its dividend yield at 1.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 34.07B, with a low estimate of 8.67B and a high estimate of 9.02B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 8.8B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DHI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 12.51, with the price of DHI currently trading nearly -4.67% and -5.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.11, while the 7-day volatility ratio is showing 2.37% which for the 30-day chart, stands at 1.95%. Furthermore, D.R. Horton Inc (DHI)’s beta value is 1.38, and its average true range (ATR) is 3.43.
A comparison of D.R. Horton Inc (DHI) with its peers suggests the former has fared considerably weaker in the market. DHI showed an intraday change of -3.37% in last session, and over the past year, it shrunk by -17.81%%.
Data on historical trading for D.R. Horton Inc (NYSE:DHI) indicates that the trading volumes over the past 3 months, they’ve averaged 3.65 million. According to company’s latest data on outstanding shares, there are 308.63 million shares outstanding.
Nearly 11.74% of D.R. Horton Inc’s shares belong to company insiders and institutional investors own 83.97% of the company’s shares. The stock has fallen by -16.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DHI stock heading into the next quarter.
