| D.R. Horton is a homebuilding company. Co.'s business operations consist of homebuilding, a majority-owned residential lot development company, financial services and other activities. Co.'s financial services operations provide mortgage financing and title agency services to homebuyers in its homebuilding markets. Co.'s subsidiary, DHI Mortgage, provides mortgage financing services primarily to its homebuyers and sells the mortgages it originates and the related servicing rights to third-party purchasers. Co.'s subsidiary title companies serve as title insurance agents by providing title insurance policies, examination and closing services, primarily to its homebuyers. We show 45 historical shares outstanding datapoints in our DHI shares outstanding history coverage, used to compute DHI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DHI market cap history over the course of time is important for investors
interested in comparing DHI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DHI versus a peer is one thing; comparing
DHI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DHI can fluctuate over the course of history.
With this page we aim to empower investors researching DHI by allowing them to research the DHI market cap history.