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DHI
Stock ticker: NYSE
AS OF
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Capitalization
35.92B

DHI DR Horton Forecast, Technical & Fundamental Analysis

a company which engages in construction and sale of single family homes

Industry Homebuilding
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for DHI with price predictions
08:00 PM EDT Oct 01, 2023

DHI's Indicator enters downward trend

The Aroon Indicator for DHI entered a downward trend on October 02, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 129 similar instances where the Aroon Indicator formed such a pattern. In of the 129 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DHI as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for DHI turned negative on September 13, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DHI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for DHI's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DHI advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .

DHI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.659) is normal, around the industry mean (5.747). P/E Ratio (7.559) is within average values for comparable stocks, (82.987). Projected Growth (PEG Ratio) (0.604) is also within normal values, averaging (1.529). DHI has a moderately low Dividend Yield (0.009) as compared to the industry average of (0.043). P/S Ratio (1.062) is also within normal values, averaging (71.792).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DHI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are DR Horton (NYSE:DHI), Lennar Corp (NYSE:LEN), Pultegroup (NYSE:PHM), KB Home (NYSE:KBH).

Industry description

Homebuilding includes companies residential home construction companies, renovators and repair firms. The companies may be building single-family or multifamily homes, condominiums or mobile homes. Over the five years to 2019, the Home Builders industry is estimated to have grown at an annualized rate of 2.5% to reach $89.4 billion, (including expected growth of 2.6% in 2019), according to a study by IbisWorld. After having suffered one of its worst crises a decade ago during the last macroeconomic recession–which had much of its origins in U.S. real estate – the homebuilding industry has been recovering steadily so far. Higher disposable incomes and improving economic activity have bolstered consumers’ purchases of homes. While revenue of the Home Builders industry remains well below its prerecession high, demand growth estimates show promise.

Market Cap

The average market capitalization across the Homebuilding Industry is 5.07B. The market cap for tickers in the group ranges from 66.68K to 35.92B. DHI holds the highest valuation in this group at 35.92B. The lowest valued company is ASCK at 66.68K.

High and low price notable news

The average weekly price growth across all stocks in the Homebuilding Industry was -3%. For the same Industry, the average monthly price growth was -9%, and the average quarterly price growth was 8%. STHI experienced the highest price growth at 7%, while UHG experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Homebuilding Industry was 31%. For the same stocks of the Industry, the average monthly volume growth was 34% and the average quarterly volume growth was 10%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 36
P/E Growth Rating: 41
Price Growth Rating: 51
SMR Rating: 53
Profit Risk Rating: 61
Seasonality Score: 23 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

DHI is expected to report earnings to $3.90 per share on November 07

DR Horton DHI Stock Earnings Reports
Q3'23
Est.
$3.90
Q2'23
Beat
by $1.12
Q1'23
Beat
by $0.80
Q4'22
Beat
by $0.51
Q3'22
Missed
by $0.51
The last earnings report on July 20 showed earnings per share of $3.90, beating the estimate of $2.78. With 4.51M shares outstanding, the current market capitalization sits at 35.92B.
A.I.Advisor
published Dividends

DHI paid dividends on August 14, 2023

DR Horton DHI Stock Dividends
А dividend of $0.25 per share was paid with a record date of August 14, 2023, and an ex-dividend date of August 04, 2023. Read more...
A.I. Advisor
published General Information

General Information

a company which engages in construction and sale of single family homes

Industry Homebuilding

Profile
Fundamentals
Details
Industry
Homebuilding
Address
1341 Horton Circle
Phone
+1 817 390-8200
Employees
13237
Web
https://www.drhorton.com
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DHI and

Correlation & Price change

A.I.dvisor indicates that over the last year, DHI has been closely correlated with LEN. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if DHI jumps, then LEN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DHI
1D Price
Change %
DHI100%
-1.20%
LEN - DHI
93%
Closely correlated
-0.96%
PHM - DHI
88%
Closely correlated
-1.12%
TOL - DHI
87%
Closely correlated
-1.31%
KBH - DHI
87%
Closely correlated
-0.89%
TMHC - DHI
85%
Closely correlated
-0.47%
More

Groups containing DHI

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DHI
1D Price
Change %
DHI100%
-1.20%
Homebuilding
(undefined stocks)
86%
Closely correlated
-1.78%
DHI
(undefined stocks)
85%
Closely correlated
-3.88%
housing recovery
(undefined stocks)
85%
Closely correlated
-3.43%
single family homes
(undefined stocks)
85%
Closely correlated
-2.61%
high tech
(undefined stocks)
84%
Closely correlated
-2.89%
More