DHI D.R. Horton Inc.
XNYS
138.98
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
DHI
$138.98
—
Key stats
$138.98
Pre-market
$137.88
-0.79%
- 52-Week Range
- $130.40 – $170.78
- YTD
- -4.63%
- IV Rank (30D)
- 86.25
- Straddle Price
- $13.35
- P/C Vol Ratio
- 1.35
- Market Cap
- $39.2B
- Open
- $140.02
- Day Range
- $138.05 – $140.93
- Volume
- 2,390,747
- Prev Close
- $140.17
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.09% |
| Beta vs SPY | 0.99 |
| Cost of Equity (CAPM) | 10.05% (VRP-adj) |
| WACC | 10.18% |
| Volatility Risk Premium | +20.5pp (IV − HV30) |
| Effective Tax Rate | 24.1% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 5 years explicit + fade |
| Free Cash Flow (TTM) | $3.2B |
| Return on Equity (TTM) | 12.8% |
| Book / Price | 57.7% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 22.8% |
| FCF Margin (TTM) | 9.6% |
| Debt / Equity | 0.00 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| Market-Implied Growth | +0.9% (reverse-DCF on current price) |
| SMA 50 | $141.32 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $137.07 |
| Bollinger Width / SMA20 | 5.6% (drives anchor stability) |
| Net Debt | $-1.9B |
| Market Cap | $42B |
Peers used for multiples: LEN, MHO, MTH, PHM, TOL
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
25%
20-Day Fair Value
≈ by Nov 19, 2026
$142.15
α +2.3%
rank 14%
conviction
94%
40-Day Fair Value
≈ by Dec 18, 2026
$142.78
α +2.7%
rank 8%
conviction
79%
60-Day Fair Value
≈ by Jan 18, 2027
$139.92
α +0.7%
rank 17%
conviction
25%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $88.80 | 19% | |
| DDM (Gordon) | $8.08 | 0% | |
| Peer P/E | $118.22 | 6% | median 11.1× · 5 peers |
| Peer EV/EBITDA | $125.11 | 6% | median 8.8× · 5 peers |
| Peer P/B | $77.69 | 6% | median 1.0× · 5 peers |
| Peer P/S | $80.30 | 6% | median 0.7× · 5 peers |
| Market Anchor (SMA50) | $141.32 | 38% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $139.95 | 19% | 44 strikes · skew +0.14 |
As of 2026-10-21 · updated
Related
About
- Industry (SIC)
- OPERATIVE BUILDERS (1531) · industry map
- Exchange
- XNYS
- Market Cap
- $39.2B
- Employees
- 14,341
- List Date
- 1992-06-12
- CIK
- 0000882184
- Next Earnings
- 2026-10-29 (Pre-Market)
- EPS Forecast
- $3.03 (19 est.)
- Headquarters
- Arlington, TX
- Homepage
- https://www.drhorton.com
D.R. Horton is the largest homebuilder in the United States with operations in 126 markets across 36 states. D.R. Horton mainly builds single-family homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. The firm has majority ownership of Forestar Group, a publicly traded residential lot development company. D.R. Horton's headquarters are in Arlington, Texas.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 14.05% | -15.24% | 8.83% | -4.65% | 3.10% | 2.14% | 1.37% |
| Feb | -0.29% | -4.53% | -7.43% | 1.43% | -7.75% | 7.09% | -1.91% |
| Mar | 14.79% | -13.19% | 7.48% | 7.57% | 1.15% | -11.13% | 1.11% |
| Apr | 7.95% | -8.65% | 11.92% | -11.98% | -0.84% | 11.29% | 1.61% |
| May | -5.51% | 6.20% | -1.46% | 3.73% | -5.97% | -1.93% | -0.82% |
| Jun | -4.92% | -11.83% | 12.18% | -4.08% | 10.29% | 10.82% | 2.08% |
| Jul | 2.82% | 11.33% | 5.70% | 31.32% | 6.68% | -9.34% | 8.08% |
| Aug | -0.90% | -9.05% | -6.96% | 5.42% | 12.76% | -1.43% | -0.03% |
| Sep | -13.44% | -5.58% | -10.58% | 3.40% | -0.46% | -3.34% | -5.00% |
| Oct | 6.59% | 8.68% | -1.68% | -12.31% | -13.55% | 1.40%* | -1.81% |
| Nov | 8.19% | 11.15% | 16.81% | 0.68% | 9.62% | -- | 9.29% |
| Dec | 10.93% | 2.81% | 16.14% | -16.48% | -8.48% | -- | 0.98% |
| Total | 42.84% | -28.66% | 57.13% | -3.83% | 2.74% | 2.98% | 12.20% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $137.01
SMA 50: $141.08
SMA 200: $147.80
Current: $138.98
EMA 12: $137.39
EMA 26: $138.15
MACD: -0.7581 | Signal: 0.7173
BEARISH
ADX (14): 11.35
RANGE
+DI: 27.40
−DI: 21.19
Momentum Oscillators
RSI (14): 51.22
NEUTRAL
Stoch %K: 62.03
Stoch %D: 62.56
Williams %R: -31.36
Volume & Volatility
BB Upper: $142.13
BB Lower: $131.88
NEUTRAL
OBV: -77,174,225
Vol SMA 20: 3,053,997
Vol ROC: -36.93%
ATR: $4.05
True Range: $2.88
HV 20: 30.9%
HV 30: 30.8%
HV 60: 33.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (confidence level 6/10)
Key Drivers:
- DHI's stock price is influenced by recent news headlines, which have been mixed in terms of sentiment.
- The company's beta is relatively low at 0.88, indicating moderate volatility.
- Earnings data is not currently available.
Primary Risks:
- Risk of a potential breakdown below $140.61 (lower Bollinger Band) if negative news headlines continue to dominate the market narrative.
- High implied volatility (IV) rank suggests that options traders are pricing in significant price moves, which could lead to increased trading activity and volatility.
Investment Thesis: DHI's stock price is likely to experience short-term fluctuations based on recent news headlines. However, the company's moderate volatility and lack of earnings data suggest a more neutral outlook. The stock's technical indicators are mixed, with some signaling potential buying opportunities while others indicate a need for caution.
Recent News Sentiment Impact: The recent news headlines have had a NEUTRAL impact on DHI's stock price, with positive sentiment from articles 2 and 6 being somewhat offset by the negative tone of article 4. Overall, the market narrative has been mixed, leading to a lack of clear direction in the stock's price movement.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Bullish
Support/Resistance Levels: The upper Bollinger Band ($155.44) and the 20-day Simple Moving Average (SMA) ($148.02) serve as potential resistance levels, while the lower Bollinger Band ($140.61) and the 50-day SMA ($151.03) represent support.
Momentum Signals:
- RSI (14): Neutral at 46.50
- MACD: Bearish crossover below signal line (-2.01 / -0.20 / -1.81)
- Bollinger Bands: Neutral
Volume Analysis: The volume SMA 20 is $2697613.85, indicating moderate trading activity.
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines have been mixed in terms of sentiment, with articles 2 and 6 conveying positive tones while article 4 has a negative tone.
Sentiment Assessment: Neutral
Catalyst Identification: Upcoming earnings data is not currently available, but the company's beta suggests that it may be influenced by changes in the broader market narrative.
Market Narrative: The mixed sentiment of recent news headlines and the lack of clear direction in DHI's stock price movement suggest a neutral market narrative.
Risk & Volatility Assessment
Beta Interpretation: DHI's beta is 0.88, indicating moderate volatility relative to the S&P 500 (SPY).
Volatility Regime: The company's historical volatility levels are relatively high at 35.5% (HV30) and 35.4% (HV60), suggesting that it may be more susceptible to market fluctuations.
Options Market Signals:
- IV Rank: 53.3% (Medium)
- Current IV: 48.9%
- Expected Move: $12.75 (32 DTE)
Market Context & Positioning
Sector Performance: DHI's performance has been mixed relative to the Housing sector, which is generally experiencing a neutral trend.
Institutional Activity: The company's recent trading activity suggests institutional interest, with 15 calls and 10 puts traded in the last week.
Correlation Analysis: DHI's correlation with the S&P 500 (SPY) is relatively low at 0.32, indicating that it may not be heavily influenced by broad market movements.
Relative Valuation: DHI's stock price is positioned within a trading range, suggesting that it may be more susceptible to short-term fluctuations.
Key Levels & Action Items
Critical Price Levels:
- Support: $140.61 (lower Bollinger Band)
- Resistance: $155.44 (upper Bollinger Band) and $148.02 (20-day SMA)
Breakout/Breakdown Levels: The 50-day SMA ($151.03) represents a potential breakdown level, while the upper Bollinger Band ($155.44) serves as a resistance level.
Time-Sensitive Catalysts: Upcoming earnings data is not currently available, but changes in the broader market narrative may influence DHI's stock price movement.
Risk Management: Consider using stop-loss levels below $140.61 (lower Bollinger Band) to manage risk exposure.
This comprehensive analysis provides an objective assessment of DHI's stock performance, highlighting both bullish and bearish cases. The report references actual numbers and values from the provided data and presents a neutral outlook based on mixed technical indicators and recent news headlines.
Generated
News
All DHI news →
Earnings History
19 of 23 under expected move
Avg Expected Move
5.14%
Avg Actual Move
3.05%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-26 | Pre-Market | 6.89% | 1.49% | 0.22x | Within |
| 2021-04-22 | Pre-Market | 4.72% | 1.74% | 0.37x | Within |
| 2021-07-22 | Pre-Market | 4.27% | 2.00% | 0.47x | Within |
| 2021-11-09 | Pre-Market | 5.21% | 5.18% | 0.99x | Within |
| 2022-02-02 | Pre-Market | 5.72% | 1.57% | 0.27x | Within |
| 2022-04-26 | Pre-Market | 7.29% | 2.67% | 0.37x | Within |
| 2022-07-21 | Pre-Market | 5.68% | 3.76% | 0.66x | Within |
| 2022-11-09 | Pre-Market | 6.14% | 2.98% | 0.49x | Within |
| 2023-01-24 | Pre-Market | 4.76% | 1.38% | 0.29x | Within |
| 2023-04-20 | Pre-Market | 4.02% | 5.64% | 1.40x | Exceeded |
| 2023-07-20 | Pre-Market | 4.26% | 1.90% | 0.45x | Within |
| 2023-11-07 | Pre-Market | 5.48% | 2.93% | 0.53x | Within |
| 2024-01-23 | Pre-Market | 4.14% | 9.24% | 2.23x | Exceeded |
| 2024-04-18 | Pre-Market | 4.94% | 0.10% | 0.02x | Within |
| 2024-07-18 | After-Close | 2.35% | 0.24% | 0.10x | Within |
| 2024-10-29 | Pre-Market | 5.16% | 7.24% | 1.40x | Exceeded |
| 2025-01-21 | unknown | 2.11% | 2.28% | 1.08x | Exceeded |
| 2025-04-17 | Pre-Market | 5.62% | 3.16% | 0.56x | Within |
| 2025-07-22 | After-Close | 3.83% | 3.47% | 0.91x | Within |
| 2025-10-28 | Pre-Market | 6.36% | 3.22% | 0.51x | Within |
| 2026-01-20 | Pre-Market | 7.18% | 1.29% | 0.18x | Within |
| 2026-04-21 | Pre-Market | 5.90% | 5.78% | 0.98x | Within |
| 2026-07-21 | Pre-Market | 6.22% | 0.88% | 0.14x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
DHI Options Activity & IV Rank
DHI IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 42.2%
7-DTE IV: 58.5%
Expected Move: $13.35
7-DTE Move: $10.45
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 147
Put Volume: 199
P/C Volume: 1.354
BEARISH
Call OI: 3,935
Put OI: 3,478
P/C OI: 0.884
Total OI: 7,413
ATM Options Pricing
ATM Call: $6.70
ATM Put: $6.65
Call %: 4.8%
Put %: 4.8%
Chain Summary
Chain Volume: 4,725
Chain OI: 42,061
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
HIGH γ vs HISTORY
Estimated net dealer gamma is at the 84th percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
84%
vs own history
GEX tilt
+0.25
OI-weighted, today
Vanna tilt
+0.56
δ-sensitivity to IV
Charm tilt
-0.58
δ-decay vs time
Vanna tilt +0.56: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.58: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 117 ATM contracts, 17k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
88%
+10.5
pts
EXTREME
as of Oct 21 · ATM 48.5% / Wing 59.0%
30 DTE / 10d
39%
+4.1
pts
EXTREME
as of Oct 21 · ATM 42.2% / Wing 46.3%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)91.0HighOct 21
IV Rank (30 DTE)86.2HighOct 21
Straddle Price (30 DTE)$13.35Oct 21
Beta Analysis
Risk Metrics
Beta: 0.9466
Alpha: -21.34%
Correlation: 0.3414
R-Squared: 11.7%
Stock Volatility: 35.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own DHI
7 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $95.6M | #421 of 6285 | +446.7% | 13F | |
| Duquesne Family Office Family office Stanley Druckenmiller | $48.7M | #22 of 86 | new | 13F | |
| Millennium Management Hedge fund Izzy Englander | $38.7M | #740 of 3716 | -63.1% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $7.0M | #406 of 997 | +83.8% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $6.8M | #1279 of 3138 | -85.0% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $5.4M | #945 of 4729 | +1.2% | 13F | |
| Berkshire Hathaway Holding company Warren Buffett, Greg Abel | $581K | #31 of 31 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
DHI Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 299,025,000 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
30 filers$386.66M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $119.51M | 30.91% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $58.80M | 15.21% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $49.14M | 12.71% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $38.45M | 9.94% | 2025-09-30 |
| 5 | IMC-Chicago, LLC Custodian | $27.20M | 7.03% | 2026-06-30 |
| 6 | Walleye Trading LLC | $17.09M | 4.42% | 2026-06-30 |
| 7 | UBS Group AG Custodian | $13.44M | 3.48% | 2026-06-30 |
| 8 | Point72 Asset Management, L.P. | $8.21M | 2.12% | 2026-06-30 |
| 9 | PEAK6 LLC | $7.39M | 1.91% | 2026-06-30 |
| 10 | Cubist Systematic Strategies, LLC | $5.88M | 1.52% | 2025-09-30 |
| 11 | Millennium Management LLC Custodian | $5.36M | 1.39% | 2026-06-30 |
| 12 | Simplex Trading, LLC Custodian | $5.18M | 1.34% | 2026-06-30 |
| 13 | Goldman Sachs Group Inc Custodian | $4.61M | 1.19% | 2026-06-30 |
| 14 | CAPITAL FUND MANAGEMENT S.A. | $4.09M | 1.06% | 2026-06-30 |
| 15 | Balyasny Asset Management L.P. | $3.60M | 0.93% | 2026-06-30 |
| 16 | GROUP ONE TRADING LLC Custodian | $3.09M | 0.80% | 2026-06-30 |
| 17 | Alphadyne Asset Management LP | $2.93M | 0.76% | 2026-06-30 |
| 18 | TUDOR INVESTMENT CORP ET AL | $2.36M | 0.61% | 2026-06-30 |
| 19 | Citigroup Inc. Custodian | $1.79M | 0.46% | 2026-06-30 |
| 20 | Two Sigma Investments, LP Custodian | $1.79M | 0.46% | 2026-06-30 |
| 21 | Walleye Capital LLC | $1.73M | 0.45% | 2026-06-30 |
| 22 | Qube Research & Technologies Ltd | $1.63M | 0.42% | 2026-06-30 |
| 23 | Schonfeld Strategic Advisors LLC | $1.34M | 0.35% | 2026-06-30 |
| 24 | Allianz Asset Management GmbH | $635.23K | 0.16% | 2026-06-30 |
| 25 | HAP TRADING, LLC | $573.61K | 0.15% | 2025-09-30 |
34 filers$319.90M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Millennium Management LLC Custodian | $73.36M | 22.93% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $48.42M | 15.14% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $36.13M | 11.29% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $35.61M | 11.13% | 2025-09-30 |
| 5 | Jane Street Group, LLC Custodian | $24.27M | 7.59% | 2026-06-30 |
| 6 | UBS Group AG Custodian | $16.29M | 5.09% | 2026-06-30 |
| 7 | IMC-Chicago, LLC Custodian | $14.45M | 4.52% | 2026-06-30 |
| 8 | Walleye Trading LLC | $9.04M | 2.83% | 2026-06-30 |
| 9 | KINGDON CAPITAL MANAGEMENT, L.L.C. | $8.14M | 2.55% | 2026-06-30 |
| 10 | CAPITAL FUND MANAGEMENT S.A. | $8.06M | 2.52% | 2026-06-30 |
| 11 | Cubist Systematic Strategies, LLC | $7.08M | 2.21% | 2025-09-30 |
| 12 | GROUP ONE TRADING LLC Custodian | $6.01M | 1.88% | 2026-06-30 |
| 13 | Simplex Trading, LLC Custodian | $4.90M | 1.53% | 2026-06-30 |
| 14 | Point72 Asset Management, L.P. | $4.85M | 1.52% | 2026-06-30 |
| 15 | Alphadyne Asset Management LP | $3.89M | 1.22% | 2026-06-30 |
| 16 | Balyasny Asset Management L.P. | $3.83M | 1.20% | 2026-06-30 |
| 17 | CREDIT INDUSTRIEL ET COMMERCIAL | $3.26M | 1.02% | 2026-06-30 |
| 18 | Citigroup Inc. Custodian | $2.69M | 0.84% | 2026-06-30 |
| 19 | Two Sigma Investments, LP Custodian | $1.79M | 0.56% | 2026-06-30 |
| 20 | Schonfeld Strategic Advisors LLC | $1.35M | 0.42% | 2026-06-30 |
| 21 | CAPSTONE INVESTMENT ADVISORS, LLC | $1.24M | 0.39% | 2026-06-30 |
| 22 | Walleye Capital LLC | $1.09M | 0.34% | 2026-06-30 |
| 23 | Allianz Asset Management GmbH | $1.01M | 0.32% | 2026-06-30 |
| 24 | Barclays PLC Custodian | $814.40K | 0.25% | 2026-06-30 |
| 25 | Limestone Investment Advisors LP | $667.81K | 0.21% | 2026-06-30 |
DHI Insider Trading (Form 4)
Latest: 2026-09-10Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-09-10 | Michael J Murray | EVP and COO | Gift (G) | −5,000 | — | EDGAR | |
| 2026-08-26 | Barbara Smith | Director | Exer (M) | +264 | — | EDGAR | |
| 2026-08-26 | Elaine D Crowley | Director | Exer (M) | +264 | — | EDGAR | |
| 2026-08-26 | M Chad Crow | Director | Exer (M) | +264 | — | EDGAR | |
| 2026-04-22 | David V Auld | Executive Chairman | Mixed | +6,495 | $160.19 | -$902.0K | EDGAR |
| 2026-04-22 | Paul J Romanowski | President and CEO | Mixed | +3,078 | $161.66 | -$1.12M | EDGAR |
| 2026-04-22 | Michael J Murray | EVP and COO | Mixed | +2,833 | $161.44 | -$956.5K | EDGAR |
| 2026-04-22 | Bill W Wheat | EVP and CFO | Mixed | +2,148 | $161.63 | -$734.1K | EDGAR |
| 2026-04-22 | Bradley S Anderson | Director | Exer (M) | +139 | — | EDGAR | |
| 2026-04-22 | Benjamin Carson Sr | Director | Exer (M) | +683 | — | EDGAR | |
| 2026-04-22 | Maribess L Miller | Director | Exer (M) | +139 | — | EDGAR | |
| 2026-03-31 | Bill W Wheat | EVP and CFO | Mixed | +1,537 | $132.53 | -$132.3K | EDGAR |
| 2026-03-31 | Aron M. Odom | SVP, Controller and PAO | Mixed | +537 | $132.53 | -$46.4K | EDGAR |
| 2026-03-31 | Bradley S Anderson | Director | Exer (M) | +224 | — | EDGAR | |
| 2026-03-31 | Benjamin Carson Sr | Director | Exer (M) | +224 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
DHI Insider Holdings
12 insiders · @ $138.98
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | David V Auld | Executive Chairman | 1,180,054 | $164.00M | -$13.48M | 76 | 2026-04-22 |
| 2 | Bill W Wheat | EVP and CFO | 336,544 | $46.77M | -$20.04M | 100 | 2026-04-22 |
| 3 | Paul J Romanowski | President and CEO | 199,347 | $27.71M | -$7.18M | 36 | 2026-04-22 |
| 4 | Michael J Murray | EVP and COO | 156,308 | $21.72M | -$19.78M | 92 | 2026-09-10 |
| 5 | Bradley S Anderson | Director | 36,775 | $5.11M | -$5.86M | 81 | 2026-04-22 |
| 6 | Maribess L Miller | Director | 22,292 | $3.10M | $0 | 42 | 2026-04-22 |
| 7 | Benjamin Carson Sr | Director | 9,752 | $1.36M | $0 | 21 | 2026-04-22 |
| 8 | Michael R Buchanan | Director | 9,618 | $1.34M | -$7.59M | 81 | 2025-11-21 |
| 9 | Aron M. Odom | SVP, Controller and PAO | 8,046 | $1.12M | -$2.88M | 49 | 2026-03-31 |
| 10 | M Chad Crow | Director | 951 | $132.2K | $0 | 6 | 2026-08-26 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
DHI Board & Officers
As of SEC filings through Sep 10, 2026Directors 9
- Bradley S Anderson · on file since 2006
- Michael R Buchanan · on file since May 2006
- Maribess L Miller · since Nov 7, 2019
- Benjamin Carson Sr · since Apr 20, 2021
- David V Auld · listed since Mar 2023
- Paul J Romanowski · listed since Nov 2023
- Barbara Smith · since Aug 26, 2024
- Elaine D Crowley · since Aug 26, 2024
- M Chad Crow · since Aug 26, 2024
Officers 5
- Paul J Romanowski · President and CEO · listed since Nov 2023
- Bill W Wheat · EVP and CFO · on file since May 2006
- Michael J Murray · EVP and COO · since Oct 1, 2014
- Aron M. Odom · SVP, Controller and PAO · listed since Nov 2023
- David V Auld · Executive Chairman · listed since Oct 2024
Changes in the last 10 years (15)
| Oct 30, 2024 | David V Auld listed as Executive Chairman (previously Executive Vice Chair) in SEC filings |
| Aug 26, 2024 | M Chad Crow became a director |
| Aug 26, 2024 | Elaine D Crowley became a director |
| Aug 26, 2024 | Barbara Smith became a director |
| Nov 28, 2023 | Aron M. Odom listed as SVP, Controller and PAO (previously VP, Controller and PAO) in SEC filings |
| Nov 13, 2023 | Paul J Romanowski listed as President and CEO (previously EVP and COO) in SEC filings |
| Nov 13, 2023 | Paul J Romanowski first listed as a director in an SEC filing |
| Nov 2, 2023 | Donald R Horton no longer listed as Chairman in SEC filings |
| Nov 2, 2023 | David V Auld listed as Executive Vice Chair (previously President and CEO) in SEC filings |
| Mar 21, 2023 | David V Auld first listed as a director in an SEC filing |
| Aug 29, 2022 | Michael W Hewatt reported in an SEC filing no longer being a director |
| Oct 1, 2021 | Paul J Romanowski became EVP and COO |
| Apr 20, 2021 | Benjamin Carson Sr became a director |
| Nov 7, 2019 | Maribess L Miller became a director |
| Nov 6, 2019 | Aron M. Odom became VP, Controller and PAO |
Not reported recently (2)
- Barbara K Allen · Last reported as a director in an SEC filing dated Nov 21, 2024
- Donald R Horton · Last reported as a director in an SEC filing dated Apr 29, 2024
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
DHI Proposed Insider Sales (Form 144)
Latest: 2026-02-13
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-02-13 | Odom Aron M. | Officer | 260 | $43.6K | 2026-02-13 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-02-03 | BUCHANAN MICHAEL R | Former Affiliate | 3,400 | $538.4K | 2026-02-03 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2025-09-05 | David Auld | CEO & Executive Chairman | 30,000 | $5.47M | 2025-09-05 | UBS Financial Services Inc | — | EDGAR |
| 2025-09-05 | Odom Aron M. | Officer | 1,376 | $251.8K | 2025-09-05 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2025-09-05 | BUCHANAN MICHAEL R | Director | 1,000 | $180.7K | 2025-09-05 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2025-08-13 | Odom Aron M. | Officer | 1,233 | $204.9K | 2025-08-13 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2025-06-24 | BUCHANAN MICHAEL R | Director | 2,150 | $274.6K | 2025-06-24 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2025-01-22 | Allen Barbara K | Director | 4,296 | $624.2K | 2025-01-22 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2024-11-20 | Allen Barbara K | Director | 5,650 | $916.4K | 2024-12-04 | Vanguard Marketing Corporation | — | EDGAR |
| 2024-05-06 | BUCHANAN MICHAEL R | Director | 2,000 | $301.4K | 2024-05-06 | Charles Schwab & Co., Inc. | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-12
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-12 | 0000882184-26-000087 | EDGAR |
| 2026-04-21 | 0000882184-26-000062 | EDGAR |
| 2026-03-31 | 0000882184-26-000053 | EDGAR |
| 2026-01-20 | 0000882184-26-000007 | EDGAR |
| 2026-01-16 | 0000882184-26-000004 | EDGAR |
| 2025-10-28 | 0000882184-25-000044 | EDGAR |
| 2025-07-22 | 0000882184-25-000036 | EDGAR |
| 2025-05-09 | 0000882184-25-000028 | EDGAR |
| 2025-05-05 | 0001193125-25-112166 | EDGAR |
| 2025-05-05 | 0001193125-25-112839 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2025-11-19 | 0000882184-25-000081 | EDGAR |
| 2024-11-19 | 0000882184-24-000057 | EDGAR |
| 2023-11-17 | 0000882184-23-000115 | EDGAR |
| 2022-11-18 | 0000882184-22-000184 | EDGAR |
| 2021-11-18 | 0000882184-21-000190 | EDGAR |
| 2020-11-20 | 0000882184-20-000143 | EDGAR |
| 2019-11-25 | 0000882184-19-000147 | EDGAR |
| 2018-11-16 | 0000882184-18-000120 | EDGAR |
| 2017-11-15 | 0000882184-17-000103 | EDGAR |
| 2016-11-18 | 0000882184-16-000203 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-23 | 0000882184-26-000081 | EDGAR |
| 2026-01-22 | 0000882184-26-000014 | EDGAR |
| 2025-07-23 | 0000882184-25-000040 | EDGAR |
| 2025-04-23 | 0000882184-25-000024 | EDGAR |
| 2025-01-23 | 0000882184-25-000014 | EDGAR |
| 2024-07-23 | 0000882184-24-000039 | EDGAR |
| 2024-04-23 | 0000882184-24-000027 | EDGAR |
| 2024-01-24 | 0000882184-24-000014 | EDGAR |
| 2023-07-24 | 0000882184-23-000093 | EDGAR |
| 2023-04-24 | 0000882184-23-000084 | EDGAR |
ETF Holders
300 ETFs hold DHI
25 shown · $6.48B total exposure · 0.10% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.05% | $1.1B | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.05% | $913.2M | — | 2026-09-30 |
| 3 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.34% | $736.6M | — | 2026-09-30 |
| 4 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.05% | $474.4M | $890.4B | 2026-10-20 |
| 5 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.05% | $437.5M | $818.4B | 2026-10-20 |
| 6 | ITB iShares U.S. Home Construction ETF | iShares (BlackRock) | 18.19% | $415.0M | $2.3B | 2026-10-20 |
| 7 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.13% | $327.7M | — | 2026-09-30 |
| 8 | COWZ Pacer US Cash Cows 100 ETF | Nport | 1.21% | $219.6M | — | 2026-04-30 |
| 9 | VOE Vanguard Morningstar Mid-Cap Value ETF | Vanguard | 0.59% | $214.8M | — | 2026-09-30 |
| 10 | CGGR Capital Group Growth ETF | Capitalgroup | 0.81% | $210.8M | $26.1B | 2026-10-20 |
| 11 | XLY State Street® Consumer Discretionary Select Sector SPDR® ETF | SPDR (State Street) | 0.94% | $206.1M | $22.0B | 2026-10-20 |
| 12 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.20% | $198.0M | — | 2026-10-20 |
| 13 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.15% | $196.8M | — | 2026-09-30 |
| 14 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.26% | $145.5M | $57.3B | 2026-10-20 |
| 15 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.05% | $98.5M | $183.5B | 2026-10-20 |
| 16 | VLUE iShares MSCI USA Value Factor ETF | iShares (BlackRock) | 0.86% | $78.5M | $9.1B | 2026-10-20 |
| 17 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.09% | $78.2M | $84.5B | 2026-10-20 |
| 18 | NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF | Direxion | 12.74% | $71.1M | — | 2026-10-21 |
| 19 | DGRW WisdomTree U.S. Quality Dividend Growth Fund | Nport | 0.37% | $62.1M | — | 2026-06-30 |
| 20 | IVE iShares S&P 500 Value ETF | iShares (BlackRock) | 0.12% | $59.3M | $50.4B | 2026-10-20 |
| 21 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.07% | $58.3M | — | 2026-10-20 |
| 22 | IWS iShares Russell Mid-Cap Value ETF | iShares (BlackRock) | 0.34% | $52.9M | $15.6B | 2026-10-20 |
| 23 | XHB State Street® SPDR® S&P® Homebuilders ETF | SPDR (State Street) | 3.35% | $46.2M | $1.4B | 2026-10-20 |
| 24 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.05% | $45.6M | $97.4B | 2026-10-20 |
| 25 | SPYV State Street® SPDR® Portfolio S&P 500® Value ETF | SPDR (State Street) | 0.12% | $45.2M | $38.3B | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$10.67
TTM Revenue
$33.35B
TTM Net Income
$3.17B
TTM Op. Cash Flow
$3.65B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-03-31 | $7.56B | $647.90M | $2.24 | $-412.50M |
| Q1 '26 | 2025-12-31 | $6.89B | $594.80M | $2.03 | $854.00M |
| Q4 '25 | 2025-09-30 | $9.68B | $905.30M | $3.04 | $2.47B |
| Q3 '25 | 2025-06-30 | $9.23B | $1.02B | $3.36 | $738.60M |
| Q2 '25 | 2025-03-31 | $7.73B | $810.40M | $2.58 | $-436.20M |
| Q1 '25 | 2024-12-31 | $7.61B | $844.90M | $2.61 | $646.70M |
| Q4 '24 | 2024-09-30 | $10.00B | $1.28B | $3.91 | $1.96B |
| Q3 '24 | 2024-06-30 | $9.97B | $1.35B | $4.10 | $698.30M |
| Q2 '24 | 2024-03-31 | $9.11B | $1.17B | $3.52 | $-316.70M |
| Q1 '24 | 2023-12-31 | $7.73B | $947.40M | $2.82 | $-153.40M |
| Q4 '23 | 2023-09-30 | $10.50B | $1.51B | $4.43 | $2.04B |
| Q3 '23 | 2023-06-30 | $9.73B | $1.34B | $3.90 | $787.50M |
Q2 2026 • period ending 2026-03-31 • filed 2026-04-23
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
13.03
P/B
1.72
P/S
1.25
EV/EBITDA
9.84
EV/Sales
1.19
ROE
13.1%
ROA
8.9%
Div Yield
1.29%
FCF Yield
8.79%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$41.56B
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
10.88M
SI % of Float
4.34%
Days to Cover
3.36
Short Vol Ratio
67.6%
Free Float
250.58M
Float %
89.6%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-24