Citizens Jmp Begins Coverage on Dream Finders Homes (NASDAQ:DFH)

Citizens Jmp assumed coverage on shares of Dream Finders Homes (NASDAQ:DFH) in a research note issued on Wednesday,Benzinga reports. The brokerage set a “market perform” rating on the stock.

Several other equities analysts have also commented on the company. Bank of America dropped their target price on Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. BTIG Research initiated coverage on Dream Finders Homes in a report on Monday, December 1st. They issued a “neutral” rating for the company. Citigroup initiated coverage on shares of Dream Finders Homes in a research note on Wednesday. They set a “market perform” rating for the company. Finally, Zelman & Associates raised shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 12th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Stock Performance

Shares of DFH opened at $17.46 on Wednesday. Dream Finders Homes has a fifty-two week low of $16.59 and a fifty-two week high of $31.50. The company has a market capitalization of $1.62 billion, a PE ratio of 5.71, a price-to-earnings-growth ratio of 1.28 and a beta of 1.86. The stock has a fifty day moving average of $18.72 and a two-hundred day moving average of $23.78.

Institutional Trading of Dream Finders Homes

A number of institutional investors have recently modified their holdings of DFH. Fifth Third Bancorp increased its position in Dream Finders Homes by 701.7% during the 3rd quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock worth $25,000 after purchasing an additional 828 shares in the last quarter. Advisory Services Network LLC acquired a new position in Dream Finders Homes during the third quarter valued at approximately $39,000. Nisa Investment Advisors LLC grew its stake in Dream Finders Homes by 164.3% during the second quarter. Nisa Investment Advisors LLC now owns 1,792 shares of the company’s stock worth $45,000 after buying an additional 1,114 shares during the period. Larson Financial Group LLC increased its position in shares of Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after acquiring an additional 3,446 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Dream Finders Homes by 11.9% in the second quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after acquiring an additional 402 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder specializing in the design, development and construction of single-family and multifamily communities across the United States. Through its in-house Design Studio, the company offers a range of home collections that blend architectural styles with customizable floor plans, allowing buyers to tailor finishes and features to suit their lifestyle preferences. In addition to core construction services, Dream Finders provides integrated mortgage and title services, streamlining the homebuying process for its clients.

Founded in 2007 and headquartered in St.