Related posts
TSX joins Wall Street rallyTop 11 Housing & Home Builder Stocks to Buy in 2023Weak Friday, but positive weekThis summary was created by AI, based on 3 opinions in the last 12 months.
Based on the reviews from different experts, it seems that D R Horton Inc. (DHI-N) is currently experiencing some decline in its stock shares. However, the company has a strong balance sheet, weak home inventories, and overall strong fundamentals. Cheaper capital/lower rates also contribute to a positive outlook. While there may not be a sharp fall in the homebuilders' fundamentals, there is a consensus that the gains are moderating. The company still benefits from holding a tight inventory of homes in the US, which will benefit them long term. Overall, there is an expectation for a modest share price recovery.
He's long in the homebuilders which are declining now. September earnings were okay, but shares were weak. These stocks peaked last spring, and he can't see a return to that as long as interest rates remain high.
The homebuilders had seen fundamental strength peak in the spring selling season. Doesn't mean there will be a sharp fall for the homebuilders, but are moderating gains (at least in fundamentals, not share price). They still benefit from holding a tight inventory of homes in the US, which will benefit them long term. They peaked earlier, true. He execpts a modest share price recovery.
He bought this for its strong fundamentals, but momentum is clearly waning. He will review his holding in April.
D R Horton Inc. is a American stock, trading under the symbol DHI-N on the New York Stock Exchange (DHI). It is usually referred to as NYSE:DHI or DHI-N
In the last year, 3 stock analysts published opinions about DHI-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for D R Horton Inc..
D R Horton Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for D R Horton Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered D R Horton Inc. In the last year. It is a trending stock that is worth watching.
On 2024-04-25, D R Horton Inc. (DHI-N) stock closed at a price of $144.2.
Sometimes momentum works. Balance sheet is strong, home inventories are weak, and fundamentals are strong overall. Add to this cheaper capital/lower rates. The outlook looks good.