Z
Zillow Group Inc. Real Estate - Technology Investor Relations →
Zillow Group Inc. (Z) closed at $43.95 as of 2026-03-20, trading 19.7% below its 200-week moving average of $54.72. This places Z in the extreme value zone. The stock moved further from the line this week, up from -21.6% last week. With a 14-week RSI of 17, Z is in oversold territory.
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 (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 506 weeks of data, Z has crossed below its 200-week moving average 8 times. On average, these episodes lasted 26 weeks. Historically, investors who bought Z at the start of these episodes saw an average one-year return of +82.2%.
With a market cap of $10.6 billion, Z is a large-cap stock. The company generates a free cash flow yield of 0.8%. Return on equity stands at 0.5%. The stock trades at 2.2x book value.
Share count has increased 2.6% over three years, indicating dilution.
Over the past 9.8 years, a hypothetical investment of $100 in Z would have grown to $112, compared to $350 for the S&P 500. Z has returned 1.2% annualized vs 13.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -71.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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: Z vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After Z Crosses Below the Line?
Across 7 historical episodes, buying Z when it crossed below its 200-week moving average produced an average return of +91.0% after 12 months (median +22.0%), compared to +16.3% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was +124.5% vs +46.2% for the index.
Each line shows $100 invested at the moment Z crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
Z has crossed below its 200-week MA 8 times with an average 1-year return of +82.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2018 | Feb 2019 | 15 | 25.1% | +24.1% | +45.3% |
| Mar 2019 | May 2019 | 8 | 9.8% | -23.9% | +23.1% |
| Aug 2019 | Nov 2019 | 13 | 24.2% | +113.2% | +22.3% |
| Nov 2019 | Dec 2019 | 1 | 0.5% | +176.0% | +12.3% |
| Mar 2020 | Apr 2020 | 7 | 34.0% | +314.7% | +20.9% |
| Nov 2021 | Sep 2024 | 150 | 59.6% | -50.8% | -33.5% |
| Sep 2024 | Nov 2024 | 5 | 5.1% | +22.3% | -30.0% |
| Feb 2026 | Ongoing | 6+ | 21.6% | Ongoing | +1.2% |
| Average | 26 | — | +82.2% | — |
Frequently Asked Questions
Is Z below its 200-week moving average?
Yes. As of 2026-03-20, Zillow Group Inc. (Z) is trading 19.7% below its 200-week moving average of $54.72. The current price is $43.95.
What is Z's 200-week moving average price?
Zillow Group Inc.'s 200-week moving average is $54.72 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 Z drops below its 200-week moving average?
Z has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +82.2%. These dips have historically been decent entry points. These episodes lasted 26 weeks on average.
Is Z a good value right now?
Here's what our data says about Z as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 17 (oversold). Free cash flow yield is 0.8%. Return on equity is 0.5%. Price-to-book is 2.2x. This is not a buy or sell recommendation — always do your own research.
How does Z compare to the S&P 500?
Over the past 9.8 years, $100 invested in Z would have grown to $112, compared to $350 for the S&P 500. That's 1.2% annualized vs 13.7% for the index. Z has underperformed the broader market over this period.
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