D.R. Horton with ticker code (DHI) now have 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 151 and 85 calculating the average target price we see 106.32. Given that the stocks previous close was at 68.75 this now indicates there is a potential upside of 54.6%. The 50 day moving average now sits at 73.88 and the 200 day MA is 88.19. The market cap for the company is $23,741m. Visit the company website at: https://www.drhorton.com
The potential market cap would be $36,715m 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.
