D.R. Horton Inc (NYSE: DHI): Retirees Don’t Worry About Volatility

D.R. Horton Inc (NYSE:DHI) currently has a daily average trading volume of 2.40M but it saw 1523388 shares traded in last market. With a market cap of 53.18B USD, the company’s current market price of $163.12 came rising about 0.51 while comparing to the previous closing price of $162.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $199.85 and as low as $125.28. In the recent trading on the day, stock has struck highest price mark of $161.66 while lowest mark touched by it was $163.49.

Taking a look at 20-day trading activity of D.R. Horton Inc (DHI) gives us an average price of $168.29, while its current price level is -18.38% below from 52-week high level whereas it is 30.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $180.93 while that of 200 days or SMA-200 reads an average of $162.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.98% during that period while stretching the period over a month that increases to 2.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.96 which implies that the stock is in neutral territory.

Wedbush upgraded its recommendation for the stock as a “Neutral” from “Underperform” on October 15, 2024 while assigning a price target of $165. Citigroup also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $181 and $156.

Over the week, DHI’s stock price is moving 1.24% up while it is -9.57% when we observe its performance for the past one month. Year-to-date it is 7.33% up and over the past year, the stock is showing an upside performance of 27.04%.

Currently, D.R. Horton Inc’s total number of outstanding shares is 324.03M. Company’s return on investment (ROI) stands at 15.70% and return on equity (ROE) at 19.82%. It has a price to earnings ratio (P/E ratio) of 11.36 while having a 10.44 of forward P/E ratio. Stock’s beta reads 1.73. Stock has a price to book (P/B) ratio of 2.09 while price to sale or P/S ratio amounts to 1.45. Its return on asset (ROA) is 13.71% on average.