D.R. Horton Sees Unusually High Options Volume (DHI)
D.R. Horton (NYSE:DHI) was the target of unusually large options trading on Thursday. Traders bought 3,532 put options on the stock, ARN reports. This represents an increase of approximately 102% compared to the average daily volume of 1,750 put options.
A number of analysts have recently weighed in on DHI shares. Analysts at Zacks reiterated a “neutral” rating on shares of D.R. Horton in a research note on Monday. They now have a $22.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of D.R. Horton in a research note on Friday, July 25th. They now have a $21.00 price target on the stock, down previously from $23.00. Finally, analysts at Barclays cut their price target on shares of D.R. Horton from $34.00 to $31.00 in a research note on Friday, July 25th. They now have an “overweight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $24.82.
Shares of D.R. Horton (NYSE:DHI) traded down 0.41% on Thursday, hitting $21.80. The stock had a trading volume of 3,013,481 shares. D.R. Horton has a 1-year low of $17.52 and a 1-year high of $25.23. The stock’s 50-day moving average is $22.34 and its 200-day moving average is $22.78. The company has a market cap of $7.945 billion and a price-to-earnings ratio of 15.12.
D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.49 by $0.17. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the company posted $0.42 earnings per share. D.R. Horton’s revenue was up 27.9% compared to the same quarter last year. Analysts expect that D.R. Horton will post $1.55 EPS for the current fiscal year.
D.R. Horton, Inc is the homebuilding companies in the United States. The Company constructs and sells homes through its operating divisions in 27 states and 78 metropolitan markets of the United States, primarily under the name of D.
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