DHI

Why Is D.R. Horton (DHI) Rising Today?

D.R. Horton stock is trading -8.15% below its average target price of $125.13 after marking a 1.2% change during today's morning session. Analysts are giving the large-cap Residential Construction company an average rating of buy and target prices ranging from $98.0 to $150.0 per share.

D.R. Horton's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.8%. The stock's short ratio is 3.49. The company's insiders own 10.76% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 88.6%. In conclusion, we believe there is positive market sentiment regarding D.R. Horton.

Institutions Invested in D.R. Horton

Date Reported Holder Percentage Shares Value
2023-03-31 Capital World Investors 12% 39,226,950 $4,508,941,755
2023-03-31 Vanguard Group, Inc. (The) 10% 35,154,911 $4,040,881,234
2023-03-31 Capital Research Global Investors 8% 26,432,257 $3,038,255,772
2023-03-31 Blackrock Inc. 8% 25,817,653 $2,967,610,116
2023-03-31 State Street Corporation 4% 13,712,390 $1,576,170,664
2023-03-31 Bank of America Corporation 3% 10,978,102 $1,261,877,931
2023-03-31 Parnassus Investments, LLC 2% 6,725,982 $773,117,998
2023-03-31 Geode Capital Management, LLC 2% 6,515,717 $748,949,088
2023-03-31 Dimensional Fund Advisors LP 2% 5,866,001 $674,267,483
2023-03-31 Sanders Capital, LLC 2% 5,638,169 $648,079,333
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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