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With a market cap of $43.3 billion, D.R. Horton, Inc. (DHI) is a leading homebuilding company operating across 125 markets in 36 U.S. states. The company builds and sells a wide range of residential homes and provides related services, including mortgage financing, title insurance, and land development.
Shares of the Arlington, Texas-based company have underperformed the broader market over the past 52 weeks. DHI stock has declined 12.9% over this time frame, while the broader S&P 500 Index ($SPX) has increased 13.4%. Moreover, shares of the company are up 3.9% on a YTD basis, compared to SPX’s 14.3% rise.
