Here’s Why Investors Could Find D.R. Horton Stock Attractive
Founded in 1978, D.R. Horton, Inc. (NYSE: DHI) has grown to become one of the largest home builders, by volume, in the United States. Its growth is evident from the approximately 375.2% increase in the number of home closings from 2011 to 2021. Revenues of the company have grown by 22.5% CAGR in the last 10 fiscal years. On TipRanks, the Street looks impressed with the company’s prospects and has a Strong Buy consensus rating based on 10 Buys and three Holds. DHI’s average price forecast is pegged at $89.12, suggesting 23.7% upside potential from current levels. In the last five years, shares of this $25.5-billion company have increased 105.42%.
Here’s Why Investors Could Find D.R. Horton Stock Attractive
Founded in 1978, D.R. Horton, Inc. (NYSE: DHI) has grown to become one of the largest home builders, by volume, in the United States. Its growth is evident from the approximately 375.2% increase in the number of home closings from 2011 to 2021. Revenues of the company have grown by 22.5% CAGR in the last 10 fiscal years. On TipRanks, the Street looks impressed with the company’s prospects and has a Strong Buy consensus rating based on 10 Buys and three Holds. DHI’s average price forecast is pegged at $89.12, suggesting 23.7% upside potential from current levels. In the last five years, shares of this $25.5-billion company have increased 105.42%.