The closing price of D.R. Horton Inc. (NYSE: DHI) was $148.25 for the day, down -6.39% from the previous closing price of $158.37. In other words, the price has decreased by -$10.12 from its previous closing price. On the day, 3335490 shares were traded.
Ratios:
Our analysis of DHI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 8.99. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.22.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on December 13, 2023, whereas the target price for the stock was revised from $148 to $164.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 20 ’24 when Auld David V sold 25,000 shares for $156.33 per share. The transaction valued at 3,908,240 led to the insider holds 773,121 shares of the business.
Allen Barbara K sold 203 shares of DHI for $30,969 on Mar 19 ’24. The Director now owns 5,650 shares after completing the transaction at $152.56 per share. On Mar 14 ’24, another insider, Allen Barbara K, who serves as the Director of the company, sold 449 shares for $149.39 each. As a result, the insider received 67,076 and left with 5,650 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DHI now has a Market Capitalization of 52.55B and an Enterprise Value of 54.56B. As of this moment, D.R.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.66, and their Forward P/E ratio for the next fiscal year is 9.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 1.52 whereas that against EBITDA is 8.89.
Stock Price History:
Over the past 52 weeks, DHI has reached a high of $165.75, while it has fallen to a 52-week low of $95.21. The 50-Day Moving Average of the stock is 151.06, while the 200-Day Moving Average is calculated to be 131.39.
Shares Statistics:
DHI traded an average of 2.52M shares per day over the past three months and 1.71M shares per day over the past ten days. A total of 334.85M shares are outstanding, with a floating share count of 292.13M. Insiders hold about 11.96% of the company’s shares, while institutions hold 84.37% stake in the company. Shares short for DHI as of Mar 28, 2024 were 4.99M with a Short Ratio of 1.98, compared to 5.35M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.50% and a Short% of Float of 1.89%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.05, DHI has a forward annual dividend rate of 1.10. Against a Trailing Annual Dividend Yield of 0.66%, it implies a Forward Annual Dividend Yield of 0.76%. The stock’s 5-year Average Dividend Yield is 1.03. The current Payout Ratio is 7.23% for DHI, which recently paid a dividend on Feb 13, 2024 with an ex-dividend date of Feb 05, 2024. Stock splits for the company last occurred on Mar 17, 2005 when the company split stock in a 4:3 ratio.
Earnings Estimates
The firm’s stock currently is rated by 18 analysts. On average, analysts expect EPS of $3.07 for the current quarter, with a high estimate of $3.35 and a low estimate of $2.93, while EPS last year was $2.73. The consensus estimate for the next quarter is $3.93, with high estimates of $4.23 and low estimates of $3.66.
Analysts are recommending an EPS of between $15.13 and $13.33 for the fiscal current year, implying an average EPS of $14.18. EPS for the following year is $15.57, with 23 analysts recommending between $17.11 and $13.27.
Revenue Estimates
A total of 17 analysts have provided revenue estimates for DHI’s current fiscal year. The highest revenue estimate was $37.79B, while the lowest revenue estimate was $32.92B, resulting in an average revenue estimate of $36.32B. In the same quarter a year ago, actual revenue was $35.46B, up 2.40% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $38.82B in the next fiscal year. The high estimate is $41.22B and the low estimate is $35.95B. The average revenue growth estimate for next year is up 6.90% from the average revenue estimate for this year.
