D.R. Horton (NYSE:DHI) shares traded -1.09% down during most recent session to reach at the closing price of $40.95. The stock exchanged hands 4.47 Million shares versus average trading capacity of 6.53 Million shares, yielding a market cap of $15.35 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $44.38 within the next 52-weeks. The mean target projections are based on 16 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have D.R. Horton (NYSE:DHI) high price target of $53 and with a conservative view have low price target of $37.
Evercore ISI Group “Downgrades” D.R. Horton (NYSE:DHI) in a research note issued to investors on 2/28/19 to In-Line with price target of $0.
Additionally on 2/21/19 Wedbush “Downgrades” D.R. Horton (NYSE:DHI) to Neutral setting price target at $0 and on 2/14/19 Raymond James “Downgrades” the stock to Market Perform at $0. Furthermore on 1/23/19 Mizuho “Upgrades” the stock to Buy at $45.
On the other hand the company has Relative Strength Index (RSI 14) of 56.37 along with Average True Range (ATR 14) of 1.07, Consequently D.R. Horton (NYSE:DHI)’s weekly and monthly volatility is 2.32%, 2.82% respectively. The company’s beta value is at 1.21.
In terms of Buy, Sell or Hold recommendations, D.R. Horton (NYSE:DHI) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts D.R. Horton (NYSE:DHI)’s minimum EPS for the current quarter is at $0.82 and can go high up to $0.93. The consensus mean EPS for the current quarter is at $0.87 derived from a total of 18 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.91 earnings per share for the same quarter during last year.
Previously D.R. Horton (NYSE:DHI) reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $-0.02. The company posted an earnings surprise of -2.6%.
D.R. Horton (NYSE:DHI)’s revenue estimates for the current quarter are $4.06 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $4.14 Billion in contradiction of low revenue estimates of $3.92 Billion. For the current year the company’s revenue estimates are $17.17 Billion compared to low analyst estimates of $16.47 Billion and high estimates of $17.5 Billion according to 12 number of analysts.
Currently D.R. Horton (NYSE:DHI)’s shares owned by insiders are 6.5%, whereas shares owned by institutional owners are 85.9%. However the six-month change in the insider ownership was recorded -0.92%, as well as three-month change in the institutional ownership was recorded 1.31%.
D.R. Horton (NYSE:DHI)’s trailing twelve month revenues are $16.25 Billion, whereas its price to sales ratio for the same period is 0.94. Its book value per share for the most recent quarter is $24.33 while its price to book ratio for the same period is 1.68, as for as the company’s cash per share for the most recent quarter is $1.97, however its price to cash per share ratio for the same period is 20.83. The stock has 5 year expected PEG ratio of 1.04 whereas its trailing twelve month P/E ratio is 10.06.