After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that D.R. Horton, Inc. to Release 2024 First Quarter Earnings on January 23, 2024.
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Stocks Info
As a NYSE listed company, DHI falls under the Consumer Cyclical sector while operating within the Residential Construction industry segment. At the end of the last regular session, the stock closed at $157.70 and fluctuated between $157.93 as its day high and $155.01 as its day low. The current market capitalization of D.R. Horton Inc. is $52.54B. A total of 3.32 million shares were traded on the day, compared to an average of 2.51M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DHI has seen 7 BUY and 5 SELL insider trades, representing the acquisition of 681,338 and the disposition of 494,496 shares. Over the last 12 months, there were 58 BUYs and 44 SELLs from insiders. Insiders purchased 4,434,583 shares during that period but sold 3,625,280.
In the most recent transaction, ANDERSON BRADLEY S sold 10,000 shares of DHI for 152.00 per share on Dec 14. After the transaction, the Director now owns 30,208 company shares. In a previous transaction on Dec 14, Odom Aron M. sold 1,213 shares at 153.00 per share. DHI shares that SVP, Controller and PAO owns now total 5,103.
Among the insiders who sold shares, Allen Barbara K disposed of 470 shares on Nov 28 at a per-share price of $126.21. This resulted in the Director holding 5,650 shares of DHI after the transaction. In another insider transaction, BUCHANAN MICHAEL R sold 1,639 shares at $127.03 per share on Aug 07. Company shares held by the Director now total 470.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. D.R. Horton Inc. pays an annual dividend of $1.08, resulting in a dividend yield of 0.68%, and it has a price to earnings (P/E) ratio of 11.39. 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DHI in the last 3 months, the mean price target is $160.21 with high estimates of $192.00 and low estimates of $115.00. In terms of 52-week highs and lows, DHI has a high of $156.77 and a low of $89.05.
As of this writing, DHI has an earnings estimate of $2.88 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $3.05 per share and a lower estimate of $2.73. 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
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DHI’s latest balance sheet shows that the firm has $3.21B in Cash & Short Term Investments as of fiscal 2021. There were $5.45B in debt and $2.18B in liabilities at the time. Its Book Value Per Share was $67.78, while its Total Shareholder’s Equity was $15.22B.
Analysts Opinion
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. 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 4.10.
