DR Horton traded at $135.00 this Friday October 2nd, decreasing $2.06 or 1.50 percent since the previous trading session. Looking back, over the last four weeks, DR Horton lost 6.52 percent. Over the last 12 months, its price fell by 22.84 percent. Looking ahead, we forecast DR Horton to be priced at 138.45 by the end of this quarter and at 129.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
D.R. Horton, Inc. is a homebuilding company. The Company has operations in 96 markets in 30 states across the United States. The Company's segments include its homebuilding, Forestar, financial services and other business activities. The homebuilding divisions are primarily engaged in the acquisition and development of land and the construction and sale of residential homes. The Company's 55 homebuilding divisions are aggregated into six segments: East Region, South Central Region, Midwest Region, West Region, Southwest Region and Southeast Region. The Forestar segment is a residential lot development company with operations in 55 markets across 22 states. The financial services segment provides mortgage financing and title agency services to homebuyers. The Company has subsidiaries that conduct insurance-related operations; construct and own income-producing rental properties; own non-residential real estate, such as ranch land, and own and operate oil and gas-related assets.