D.R. Horton, Inc. is a top U.S. homebuilding company with a market cap of $46.9 billion, constructing various residential properties nationwide, including single-family homes and townhomes. Despite its large-cap status, DHI stock has fallen 14.7% from its 52-week high, trailing the S&P 500’s performance.

The company’s stock has fluctuated, trading above the 200-day moving average since July but below the 50-day moving average since October. The weakening U.S. housing market, driven by high mortgage rates and affordability concerns, has impacted demand for new homes, affecting D.R. Horton’s margins and sales.

Rival company Lennar Corporation has seen a decline in its stock performance compared to D.R. Horton. Despite challenges, analysts remain cautiously optimistic, giving DHI a “Moderate Buy” rating with a mean price target of $164.38, indicating a 4.5% premium to current levels.

Read more at Yahoo Finance: Is D.R. Horton Stock Underperforming the S&P 500?