DHI
D.R. Horton Inc. Consumer Discretionary - Homebuilders Investor Relations →
D.R. Horton Inc. (DHI) closed at $133.12 as of 2026-03-20, trading 4.9% above its 200-week moving average of $126.85. The stock is currently moving closer to the line, down from 11.0% last week. The 14-week RSI sits at 36, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.41 ratio) is neutral — neither side is clearly dominating.
Over the past 1715 weeks of data, DHI has crossed below its 200-week moving average 13 times. On average, these episodes lasted 24 weeks. Historically, investors who bought DHI at the start of these episodes saw an average one-year return of +47.4%.
With a market cap of $38.8 billion, DHI is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 13.5%. The stock trades at 1.6x book value.
The company has been aggressively buying back shares, reducing its share count by 14.4% over the past three years.
Over the past 32.9 years, a hypothetical investment of $100 in DHI would have grown to $11085, compared to $2594 for the S&P 500. That represents an annualized return of 15.4% vs 10.4% for the index — confirming DHI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 99.5% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: DHI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DHI Crosses Below the Line?
Across 13 historical episodes, buying DHI when it crossed below its 200-week moving average produced an average return of +50.5% after 12 months (median +49.0%), compared to +18.7% for the S&P 500 over the same periods. 85% of those episodes were profitable after one year. After 24 months, the average return was +69.0% vs +31.2% for the index.
Each line shows $100 invested at the moment DHI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
DHI has crossed below its 200-week MA 13 times with an average 1-year return of +47.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1994 | Aug 1994 | 2 | 3.7% | +47.4% | +10373.2% |
| Nov 1994 | May 1995 | 24 | 21.0% | +50.9% | +10194.7% |
| Sep 1999 | Jul 2000 | 45 | 25.4% | +47.2% | +4728.1% |
| Jul 2006 | Nov 2006 | 18 | 14.6% | -1.2% | +718.4% |
| Feb 2007 | Jan 2011 | 201 | 80.4% | -42.4% | +572.9% |
| Jan 2011 | Feb 2011 | 1 | 1.8% | +26.7% | +1236.2% |
| Feb 2011 | Mar 2011 | 1 | 2.3% | +23.2% | +1263.4% |
| Jun 2011 | Jun 2011 | 2 | 3.9% | +50.2% | +1347.4% |
| Aug 2011 | Oct 2011 | 12 | 18.9% | +68.6% | +1394.6% |
| Nov 2011 | Nov 2011 | 1 | 0.7% | +81.7% | +1328.4% |
| Dec 2018 | Dec 2018 | 1 | 0.9% | +61.9% | +328.2% |
| Mar 2020 | Apr 2020 | 6 | 21.1% | +107.7% | +260.3% |
| Jun 2022 | Jun 2022 | 1 | 4.8% | +94.3% | +128.3% |
| Average | 24 | — | +47.4% | — |
Frequently Asked Questions
Is DHI below its 200-week moving average?
No. D.R. Horton Inc. (DHI) is currently 4.9% above its 200-week moving average of $126.85. It would need to fall to $126.85 to cross below the line.
What is DHI's 200-week moving average price?
D.R. Horton Inc.'s 200-week moving average is $126.85 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when DHI drops below its 200-week moving average?
DHI has crossed below its 200-week moving average 13 times in our data. On average, buying at that moment produced a one-year return of +47.4%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is DHI a good value right now?
Here's what our data says about DHI as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 36. Free cash flow is currently negative. Return on equity is 13.5%. Price-to-book is 1.6x. This is not a buy or sell recommendation — always do your own research.
How does DHI compare to the S&P 500?
Over the past 32.9 years, $100 invested in DHI would have grown to $11085, compared to $2594 for the S&P 500. That's 15.4% annualized vs 10.4% for the index. DHI has outperformed the broader market over this period.
Does DHI pay a dividend?
Yes. D.R. Horton Inc. currently pays a dividend yield of 135.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20