D.R. Horton Inc. (NYSE:DHI) traded today at a new 12-month high of $110.45. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares.
In the past 12 months, shares of D.R. Horton Inc. have traded between a low of $64.32 and a high of $110.45 and are now at $108.36, which is 68% above that low price.
D.R. Horton is a leading homebuilder in the United States with operations in 90 markets across 29 states. D.R. Horton mainly builds single-family detached homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton’s headquarters are in Arlington, Texas, and it manages five regional homebuilding offices across the United States.
Potential upside of 1.1% exists for D.R. Horton Inc., based on a current level of $108.36 and analysts’ average consensus price target of $109.54.
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