
NYSE:DHI
This summary was created by AI, based on 2 opinions in the last 12 months.
The reviews for D R Horton Inc. (DHI-N) reflect a mixed sentiment regarding its market performance and future outlook. One expert emphasizes the potential for recovery in the homebuilding sector, particularly if legislation that allows 401K withdrawals for home purchases gains traction. However, another analyst raises concerns about the stock's technical patterns, specifically the failure to maintain a cup-and-handle formation, indicating a bearish trend. The recent decline below the $150 mark, which was previously a point of breakout, suggests ongoing weakness, exacerbated by the Federal Reserve's signals against imminent interest rate cuts. Overall, the sentiment reveals cautious optimism tempered by technical vulnerabilities and external economic factors that could influence the stock's trajectory.
He did extremely well with the homebuilders back 10-12 years ago and was fortunate enough to get out of these by 2005-2006. They’re now starting to hit his screens again and are interesting situations. It is a volatile environment, but, if you can put up with a little bit of volatility, this would not be a bad idea. His favourite in the group is Ryland Group (RYL-N). From a valuation and exposure standpoint, they are the best positioned.
The largest homebuilder in the world. They operate in 27 states and have $12 billion in revenue. New home sales are growing at greater than 10% in the majority of US states. The inventory of new homes going back to 1988, is just off the lows. The problem has been not enough homes. This company sells into the entry level buyer, and the millennials are just starting to buy homes. If there is a prolonged, economic, slow expansion, there is a pent-up demand for new homes. Dividend yield of 1.1%. (Analysts’ price target is $38.)