Breaking Finance News

Vetr Inc. announced D.R. Horton, Inc. (NYSE:DHI), bumping up its stock price target to $25.52 today

In a report released on 11/28/2016 Vetr Inc. increased the stock price target of D.R. Horton, Inc. (NYSE:DHI) to $25.52 reporting a possible downside of -0.12%.

Previously on Monday November 21, 2016, Vetr Inc. reported on D.R. Horton, Inc. (NYSE:DHI) increased the target price from $0.00 to $25.52. At the time, this indicated a possible downside of -0.12%.

Just yesterday D.R. Horton, Inc. (NYSE:DHI) traded -1.35% lower at $28.88. D.R. Horton, Inc.’s 50-day moving average is $28.67 and its 200-day moving average is $30.77. The last closing price is down -7.41% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 3,167,255 shares of DHI traded hands, down from an average trading volume of 4,334,930

Recent Performance Chart

D.R. Horton, Inc. (NYSE:DHI)

D.R. Horton, Inc. has 52 week low of $22.97 and a 52 week high of $34.56 with a PE ratio of 12.07 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 18 brokers have issued a research note on the company. The average stock price target is $33.61 with 2 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 12 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On D.R. Horton, Inc. (NYSE:DHI)

D.R. Horton, Inc. is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States, under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, Crown Communities and Pacific Ridge Homes. The Company operates through two segments: homebuilding and financial services operation. The Company designs, builds and sells single-family detached homes on lots it develops and on fully developed lots purchased ready for home construction. To a lesser extent, the Company builds and sells attached homes, such as town homes, duplexes, triplexes and condominiums. The Company sells land and lots to other developers and homebuilders where it has excess land and lot positions or for other strategic reasons.

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