DR Horton Stock Hits New 52-Week High (DHI)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $14.34, above its previous 52-week high of $14.28 with 4.7 million shares traded as of 12:35 p.m. ET. Average volume has been 7.2 million shares over the past 30 days.
DR Horton has a market cap of $4.39 billion and is part of the
sector and
industry. Shares are up 13% year to date as of the close of trading on Tuesday.
D.R. Horton, Inc. operates as a homebuilding company in the United States. The company's Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes in 25 states and 73 markets in the United States primarily under the D.R. The company has a P/E ratio of 60.4, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates DR Horton as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full
.
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