D R Horton (DHI) Q4 Earnings Preview
Posted: Thursday, November 19, 2009 12:35 PM EDT
By: Market Intelligence Center Staff
D R Horton (NYSE: DHI) opened at $12.25. So far today, the stock has hit a low of $11.93 and a high of $12.25. DHI is now trading at $12.00, down $0.37 (-2.99%). The stock hit its 52-Week high of $13.90 in August and set its 52-Week low of $3.79 last November. The company is due to report its fiscal fourth quarter numbers tomorrow, and the company is expected to show a loss of 24 cents per share. For the same period last year the company had a loss of $2.53. Technical indicators for the stock are bullish and S&P gives DHI a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on DHI the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 9 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE D R Horton (DHI) Stock ReportSee what our analysts have uncovered about D R Horton (DHI).