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NEW YORK (

TheStreet

) --

DR Horton

(NYSE:

DHI

) hit a new 52-week high Friday as it is currently trading at $17.96, above its previous 52-week high of $17.91 with 1.3 million shares traded as of 9:59 a.m. ET. Average volume has been 8.8 million shares over the past 30 days.

DR Horton has a market cap of $5.5 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 36.9% year to date as of the close of trading on Thursday.

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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 41.1, above the average materials & construction industry P/E ratio of 40.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates DR Horton as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

DR Horton Ratings Report

.

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