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 with a mean TP of 119.17. With the stocks previous close at 84.24 this is indicating there is a potential upside of 41.5%. The 50 day moving average now sits at 97.46 and the 200 day moving average is 93.64. The market capitalisation for the company is $29,394m. You can visit the company’s website by visiting: https://www.drhorton.com
The potential market cap would be $41,582m 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.
