We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is D.R. Horton (DHI) Stock Outpacing Its Construction Peers This Year?
Read MoreHide Full Article
Investors focused on the Construction space have likely heard of D.R. Horton (DHI - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DHI and the rest of the Construction group's stocks.
D.R. Horton is a member of our Construction group, which includes 101 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DHI is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DHI's full-year earnings has moved 6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, DHI has moved about 51.90% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 31.94% on a year-to-date basis. As we can see, D.R. Horton is performing better than its sector in the calendar year.
Looking more specifically, DHI belongs to the Building Products - Home Builders industry, a group that includes 19 individual stocks and currently sits at #11 in the Zacks Industry Rank. Stocks in this group have gained about 49% so far this year, so DHI is performing better this group in terms of year-to-date returns.
Investors in the Construction sector will want to keep a close eye on DHI as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is D.R. Horton (DHI) Stock Outpacing Its Construction Peers This Year?
Investors focused on the Construction space have likely heard of D.R. Horton (DHI - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DHI and the rest of the Construction group's stocks.
D.R. Horton is a member of our Construction group, which includes 101 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DHI is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DHI's full-year earnings has moved 6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, DHI has moved about 51.90% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 31.94% on a year-to-date basis. As we can see, D.R. Horton is performing better than its sector in the calendar year.
Looking more specifically, DHI belongs to the Building Products - Home Builders industry, a group that includes 19 individual stocks and currently sits at #11 in the Zacks Industry Rank. Stocks in this group have gained about 49% so far this year, so DHI is performing better this group in terms of year-to-date returns.
Investors in the Construction sector will want to keep a close eye on DHI as it attempts to continue its solid performance.