D.R. Horton stock is trading -23.39% below its average target price of $167.26 after dropping -5.6% during today's afternoon session. Analysts are giving the Large-Cap Residential Construction company an average rating of buy and target prices ranging from $125.0 to $220.0 per share.
The stock has an average amount of shares sold short at 2.6%, and a short ratio of 2.18. The company's insiders own 10.42% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 83.8% of D.R. Horton's shares being owned by this investor type.
Institutions Invested in D.R. Horton
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 11% | 34,430,509 | $4,411,753,081 |
| 2024-09-30 | Blackrock Inc. | 10% | 30,895,025 | $3,958,733,858 |
| 2024-09-30 | JP Morgan Chase & Company | 4% | 13,893,015 | $1,780,181,400 |
| 2024-09-30 | State Street Corporation | 4% | 13,212,576 | $1,692,993,353 |
| 2024-09-30 | Capital Research Global Investors | 4% | 11,788,983 | $1,510,581,271 |
| 2024-09-30 | Capital World Investors | 3% | 8,955,395 | $1,147,499,489 |
| 2024-09-30 | Bank of America Corporation | 3% | 8,774,987 | $1,124,382,911 |
| 2024-09-30 | FMR, LLC | 3% | 7,906,129 | $1,013,051,795 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 7,107,912 | $910,772,265 |
| 2024-09-30 | Dz Bank Ag Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main | 1% | 4,710,685 | $603,603,596 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on D.R. Horton.
