Put Traders Zero in on Construction Name

D.R. Horton offers an extremely low forward price-earnings ratio of 5.83

facebook X logo linkedin


D.R. Horton, Inc. (NYSE: DHI) is an American home construction company with operations in 105 markets across 33 states. It is also the largest homebuilder by volume in the United States. At last glance, DHI is trading down 3% at $72.83. 

Regarding the stock, DHI is down by about 23% year-over-year and has decreased by 21% since reaching a 52-week high of $110.45. Additionally, it has dropped in price by 32% year-to-date. However, the stock has recovered by 27% since bottoming at $59.25 and has grown by 4% in the past month. Still, D.R. Horton offers an extremely low forward price-earnings ratio of 5.83 and a price-sales ratio of 0.84. It also provides a dividend yield of 1.2% at a forward dividend of $0.90.

Puts have been much more popular than usual in the options pits, per DHI's 50-day put/call volume ratio of 3.66 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which ranks higher than 98% of readings from the past year. 

Moreover, the business is estimated to end fiscal 2022 with 21.9% revenue growth and 48% earnings growth. Unfortunately, D.R. Horton is also expected to see significant declines on its top and bottom lines for the coming year. As a result, the stock continues to provide an attractive opportunity for long-term and value investors to build a position in D.R. Horton for a discounted price.
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI