D.R. Horton stock: buy or sell?
August 23rd, 2019
D.R. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America.
Should I buy D.R. Horton stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Check the only buy setup that matches with D.R. Horton stock now:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is D.R. Horton stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we collected 15 ratings published for DHI stock in the last 30 days. The general sentiment of these ratings is bullish for DHI stock, with 11 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-23||Seaport Global Securities||n/a||Buy|
|2019-4-9||JMP Securities||Market Outperform||Market Outperform|
|2019-4-26||Royal Bank of Canada||n/a||Hold|
|2019-3-7||Zelman & Associates||Hold||Buy|
|2019-2-14||Raymond James||Strong-Buy||Market Perform|
|2019-1-9||Keefe, Bruyette & Woods||Market Perform||Outperform|
|2019-1-11||Keefe, Bruyette & Woods||Outperform||Market Perform|
|2019-1-11||Credit Suisse Group||n/a||Buy|
D.R. Horton stock analysis
After climbing for 4 sessions, Friday D.R. Horton fell a tragic -2.30%, closing at $49.18.
After climbing for 4 sessions, Friday D.R. Horton fell a tragic -2.30%, closing at $49.18. Since SMA100d and SMA200d crossed up on May, DHI price climbed $5.72 per share (13.16%). From a daily perspective, DHI is in a short term uptrend after plotting its last bottom ($46.73, on August 12th) higher than the previous bottom, and its last top ($50.64, yesterday) also over the previous top. Now trading in between its last bottom and last top DHI might consolidate in a plain range, waiting to break out over $50.64 or down under $46.73. On June DHI price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.
D.R. Horton shares escalated 2.99% this week, ending at $49.18. Counting this, it's been 4 climbing weeks in a row, soaring a 10.74%. Late July DHI rocketed a phenomenal 5.31% in just one week.
Since SMA20d and SMA40w crossed up late April, DHI price climbed $5.47 per share (12.51%). Since price and SMA40w lines crossed up early March, DHI climbed $10.65 (27.64%).
D.R. Horton stock price history
D.R. Horton stock went public on June 5th, 1992 with a price of $1.031. Since then, DHI stock grew a 4,674.80%, with an average of 173.10% per year. If you had invested $1,000 in D.R. Horton stock in 1992, it would worth $46,748.00 today.
1: Adjusted price after possible price splits or reverse-splits.
D.R. Horton stock historical price chart
DHI stock reached 52-week highs yesterday at $50.64, and all-time highs 2018-01-04 with a price of 52.1.
D.R. Horton stock price target is $48.10How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 11 price forecasts for D.R. Horton stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-23||Seaport Global Securities||Initiates||n/a||$59.00||-|
|2019-7-31||Buckingham Research||Raises Target||$53.00||$55.00||3.8%|
|2019-4-9||JMP Securities||Raises Target||$44.00||$49.00||11.4%|
|2019-4-26||Royal Bank of Canada||Set Price Target||n/a||$43.00||-|
|2019-1-2||JMP Securities||Set Price Target||n/a||$44.00||-|
|2019-1-11||Credit Suisse Group||Reiterates||n/a||$46.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April, D.R. Horton soared a nice 6.68%. As soon as we get its posted EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, D.R. Horton annual revenues rocketed an exceptional 14.03% to $16,068.00 M dollars from $14,091.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) gained a 1.72% to 9.09%. D.R. Horton fiscal year ends in September, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, D.R. Horton TTM sales up to March 2019 were $16,588.10 and income $1,558.50 M USD. If we compare this TTM figures with the last reported annuality, we can review D.R. Horton business evolution since September 2018: Annual sales up to March, compared to lastest yearly report, stepped up a decent 3.24%. However, profit margin (net income/sales) stayed steady at 9.09%.
|2013||$6,260 M||-||$463 M7.4%||-|
|2014||$8,025 M||28.19%||$534 M6.6%||15.30%|
|2015||$10,824 M||34.88%||$751 M6.9%||40.71%|
|2016||$12,157 M||12.32%||$886 M7.3%||18.06%|
|2017||$14,091 M||15.90%||$1,038 M7.4%||17.16%|
|2018||$16,068 M||14.03%||$1,460 M9.1%||40.63%|
|TTM||$16,588 M||3.24%||$1,559 M9.4%||6.72%|
Quarterly financial resultsD.R. Horton posted $4,128.70 million in revenues for 2019-Q1, a 17.33% improvement compared to previous quarter. Reported quarter income marked $351.30 million with a profit margin of 8.51%. Profit margin stayed constant a 0.35% compared to previous quarter when profit margin was 8.16%. When comparing turnover to same quarter last year, D.R. Horton sales marked a remarkable gain and escalated a 8.80%.
|2017-Q2||$3,780 M||-||$289 M7.6%||-|
|2017-Q3||$4,159 M||10.03%||$313 M7.5%||8.41%|
|2017-Q4||$3,333 M||-19.87%||$189 M5.7%||-39.58%|
|2018-Q1||$3,795 M||13.86%||$351 M9.2%||85.42%|
|2018-Q2||$4,435 M||16.88%||$454 M10.2%||29.29%|
|2018-Q3||$4,505 M||1.57%||$466 M10.3%||2.73%|
|2018-Q4||$3,519 M||-21.89%||$287 M8.2%||-38.40%|
|2019-Q1||$4,129 M||17.33%||$351 M8.5%||22.32%|
D.R. Horton ownershipWhen you are planning to buy shares of a company, it's always worth to overview its ownership structure.
D.R. Horton shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 8.24% of all shares.
Bearish positions for DHI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$18.4 B||$2.5 B||$14.8 B||$2.3 B||$1.0 B|
|Total shares||373.2 M||87.0 M||285.4 M||61.5 M||27.5 M|
|Float shares||335.4 M||78.2 M||294.2 M||49.3 M||27.0 M|
|- Institutional holdings (%)||85.7%||91.7%||97.6%||82.6%||99.0%|
|- Insider holdings (%)||8.2%||11.7%||1.9%||20.0%||2.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
D.R. Horton summary
|Friday, August 23rd, 2019|
|Day range||$49.02 - $50.62|
|Average true range||$1.07|
|50d mov avg||$45.54|
|100d mov avg||$44.84|
|200d mov avg||$41.17|
D.R. Horton performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected , Lennar, M.D.C, M/I Homes, Meritage, NVR, Pulte and Toll Brothers as the bechmarking frame for D.R. Horton stock.
D.R. Horton competitorsOne check before investing in any stock is to review a list of its competitors, in this case for D.R. Horton. We selected 8 companies as D.R. Horton competitors as they are in the same industry or have similar market objectives.
Latest D.R. Horton stock news
- Seeking AlphaD.R. Horton Did Really Well In Its Third QuarterJuly 29, 2018
- Seeking AlphaD.R. Horton: Simply The Best BuilderJune 14, 2018
- Seeking AlphaToll Brothers: Buying This Bear, And The D.R. Horton Bear, TooMay 23, 2018