4.7 C
New York
Wednesday, December 6, 2023

The Question Is Whether To Buy Or Not To Buy D.R. Horton Inc. (NYSE: DHI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for D.R. Horton Inc. (DHI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.03%, to $122.36. The D.R. Horton Inc. has recorded 392,500 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2023 Earnings and Increases Quarterly Dividend to $0.30 Per Share.

Stocks Info

D.R. Horton Inc. is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Residential Construction industry. At the end of the last regular session, the stock closed at $122.32 and fluctuated between $123.15 as its day high and $121.16 as its day low. The current market capitalization of D.R. Horton Inc. is $41.38B. A total of 2.05 million shares were traded on the day, compared to an average of 2.70M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DHI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 62 BUYs and 53 SELLs from insiders. Insiders purchased 3,808,032 shares during that period but sold 3,235,123.

In the most recent transaction, BUCHANAN MICHAEL R sold 1,639 shares of DHI for 127.03 per share on Aug 07. After the transaction, the Director now owns 470 company shares. In a previous transaction on Jun 20, WHEAT BILL W sold 32,000 shares at 117.81 per share. DHI shares that EVP and CFO owns now total 219,115.

Among the insiders who sold shares, Romanowski Paul J disposed of 40,000 shares on May 17 at a per-share price of $112.16. This resulted in the EVP and COO holding 84,268 shares of DHI after the transaction. In another insider transaction, Murray Michael J sold 54,000 shares at $110.21 per share on May 03. Company shares held by the EVP and COO now total 257,294.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. D.R. Horton Inc. pays an annual dividend of $1.07, resulting in a dividend yield of 0.87%, and it has a price to earnings (P/E) ratio of 8.83. DHI’s most recent ex-dividend date was 11/20/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 11/28/2023. Previously, the company paid the dividend on 8/14/2023 with an ex-dividend date of 8/4/2023. The DHI stock dividend was $0.25 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for DHI in the last 3 months, the mean price target is $144.83 with high estimates of $178.00 and low estimates of $115.00. In terms of 52-week highs and lows, DHI has a high of $132.30 and a low of $79.74.

As of this writing, DHI has an earnings estimate of $2.87 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $3.05 per share and a lower estimate of $2.68. The company reported an EPS of $3.9 in the last quarter, which was 39.80% higher than expectations of $2.79.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DHI’s latest balance sheet shows that the firm has $3.21B in Cash & Short Term Investments as of fiscal 2021. There were $5.41B in debt and $3.39B in liabilities at the time. Its Book Value Per Share was $67.78, while its Total Shareholder’s Equity was $15.22B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DHI is Buy with a score of 4.11.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles