For its fourth fiscal quarter (ending September 30), D.R. Horton Inc. (NYSE: DHI) has reported a -12% decline in E.P.S. from $4.49 a year ago to $3.95 in the current quarter. For the latest four quarters through September 30, E.P.S. were $14.44 compared to $13.93 a year ago — an increase of 4%.
Recent Price Action
D.R. Horton Inc. (NYSE: DHI) stock suffered a large decline of -7.2% on 10/29/24. The stock closed at $167.32. Moreover, exceptionally high trading volume at 477% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -10.2% during the last week.
Current PriceTarget Research Rating
DHI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
D.R. Horton has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. D.R. Horton has a good Appreciation Score of 72 and a very high Power Rating of 92, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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