D.R. Horton stock: buy or sell?
October 18th, 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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups match with D.R. Horton stock now:
|New all-time high||Yes|
|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?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 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|
D.R. Horton stock analysis
D.R. Horton raised 0.90% to $53.97 after yesterday all time highs.
After marking all time highs on Thursday, D.R. Horton raised 0.90% to $53.97. From a daily perspective, DHI is in a short term uptrend after plotting its last bottom ($51.76, on Oct 10th) higher than the previous bottom, and its last top ($54.41, on Thursday) 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 $54.41 or down under $51.76. On June DHI price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Thursday, DHI hit new all time highs, pushing higher previous ATH of $53.70 recorded on Wednesday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of D.R. Horton closed this week at $53.97 after marking a new all time high ($54.41) and rose a pretty good 3.81%.
Late April, SMA20w and SMA40w crossed up triggering a rise of 23.47%. Since early March when DHI stock price broke up the SMA40w line, it gained $15.44 (40.07%).
D.R. Horton stock price history
D.R. Horton IPO was on June 5th, 1992 at $1.17 per share1. Since then, DHI stock surged a 4,512.80%, with a yearly average of 167.10%. If you had invested $1,000 in D.R. Horton stock in 1992, it would worth $45,128.00 today.
1: Adjusted price after possible price splits or reverse-splits.
D.R. Horton stock historical price chart
DHI stock reached all-time highs on Thursday with a price of $54.41.
D.R. Horton stock price target is $48.60How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' DHI stock price predictions in the hope that they will be met as they may be wrong and not met. We found 11 price predictions for D.R. Horton stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-17||JMP Securities||Raises Target||$49.00||$52.00||6.1%|
|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||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April, D.R. Horton . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, D.R. Horton annual turnover climbed an outstanding 14.03% to $16,068.00 million dollars from $14,091.00 marked in 2017. Slightly worse, its profit margin (compared to revenues) raised to 9.09%, that is $1,460.30 million. D.R. Horton fiscal year ends in September, and to evaluate 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. When comparing this TTM figures with the last reported annuality, we can esteem D.R. Horton business evolution since September 2018: Annual revenues up to March, compared to lastest yearly report, gained a decent 3.24%. Nonetheless, profit margin (net income/sales) remained 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 sales for 2019-Q1, a 17.33% up compared to previous quarter. Reported quarter income marked $351.30 million with a profit margin of 8.51%. Profit margin remained stable 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 pretty good increase and rose 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 invest in 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 next table shows ownership data compared to other related companies:
|Market cap||$20.0 B||$3.2 B||$17.3 B||$2.8 B||$1.1 B|
|Total shares||369.8 M||88.2 M||279.9 M||62.0 M||27.6 M|
|Float shares||335.4 M||78.4 M||289.6 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, October 18th, 2019|
|Day range||$53.22 - $54.02|
|Average true range||$1.01|
|50d mov avg||$50.51|
|100d mov avg||$47.61|
|200d mov avg||$44.31|
D.R. Horton performanceTo better understand D.R. Horton performance you must compare its gains with other related stocks in same sector or industry. For D.R. Horton, the benchmark is made against , Lennar, M.D.C, M/I Homes, Meritage, NVR, Pulte and Toll Brothers.
D.R. Horton competitorsWe selected a few stocks to conform a list of D.R. Horton competitors to check if you are interested in investing in DHI:
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