D.R. Horton with ticker code (DHI) now have 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 120 and 70 with the average target price sitting at 92.71. Given that the stocks previous close was at 71.42 this indicates there is a potential upside of 29.8%. The day 50 moving average is 74.12 and the 200 day MA is 79.33. The market capitalisation for the company is $23,712m. Company Website: https://www.drhorton.com
The potential market cap would be $30,781m based on the market concensus.
D.R. Horton operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 31 states and 98 markets under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton was founded in 1978 and is headquartered in Arlington, Texas.
