D.R. Horton with ticker code (DHI) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 151 and 103 calculating the average target price we see 119.17. Now with the previous closing price of 85.74 this is indicating there is a potential upside of 39.0%. The 50 day MA is 86.61 and the 200 day MA is 92.1. The company has a market cap of $29,383m. Visit the company website at: https://www.drhorton.com
The potential market cap would be $40,840m 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.