An Evaluation Of D.R. Horton Inc. (NYSE: DHI) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed D.R. Horton, Inc. to Release 2024 Second Quarter Earnings on April 18, 2024.

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Stocks Info

DHI belongs to the Consumer Cyclical sector of the NYSE while operating in the Residential Construction industry. The current market capitalization of D.R. Horton Inc. is $53.02B. A total of 1.41 million shares were traded on the day, compared to an average of 2.54M shares.

In the most recent transaction, Auld David V sold 25,000 shares of DHI for 156.33 per share on Mar 20 ’24. After the transaction, the Executive Vice Chair now owns 773,121 company shares. In a previous transaction on Mar 19 ’24, Allen Barbara K sold 203 shares at 152.56 per share. DHI shares that Director owns now total 5,650.

Among the insiders who sold shares, Allen Barbara K disposed of 449 shares on Mar 14 ’24 at a per-share price of $149.39. This resulted in the Director holding 5,650 shares of DHI after the transaction. In another insider transaction, Allen Barbara K sold 1,748 shares at $143.26 per share on Jan 30 ’24. Company shares held by the Director now total 5,650.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. D.R. Horton Inc. pays an annual dividend of $1.10, resulting in a dividend yield of 0.69%, and it has a price to earnings (P/E) ratio of 11.49. DHI’s most recent ex-dividend date was 2/5/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 2/13/2024. Previously, the company paid the dividend on 11/28/2023 with an ex-dividend date of 11/20/2023. The DHI stock dividend was $0.30 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, DHI has a high of $162.75 and a low of $94.22.

As of this writing, DHI has an earnings estimate of $3.06 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $3.35 per share and a lower estimate of $2.82. The company reported an EPS of $4.45 in the last quarter, which was 13.20% higher than expectations of $3.93.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $5.45B in debt and $2.18B in liabilities at the time. Its Book Value Per Share was $69.70, while its Total Shareholder’s Equity was $15.22B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 4.05.

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