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 115 and 68 calculating the average target price we see 90.5. Given that the stocks previous close was at 84.92 this would indicate that there is a potential upside of 6.6%. There is a 50 day moving average of 72.69 while the 200 day moving average is 74.68. The company has a market capitalisation of $28,029m. You can visit the company’s website by visiting: https://www.drhorton.com
The potential market cap would be $29,870m 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.
