Brokerages Set Dream Finders Homes, Inc. (NASDAQ:DFH) PT at $26.00

Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) have received an average recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $26.00.

DFH has been the topic of several analyst reports. BTIG Research assumed coverage on shares of Dream Finders Homes in a report on Monday, December 1st. They issued a “neutral” rating on the stock. Citizens Jmp started coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They issued a “market perform” rating for the company. Zelman & Associates upgraded Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 12th. Finally, Citigroup initiated coverage on Dream Finders Homes in a research note on Wednesday, January 7th. They set a “market perform” rating for the company.

Dream Finders Homes Stock Up 3.3%

DFH opened at $19.63 on Friday. The business has a 50 day moving average price of $18.66 and a two-hundred day moving average price of $22.61. The company has a market cap of $1.82 billion, a PE ratio of 6.42, a P/E/G ratio of 1.28 and a beta of 1.86. Dream Finders Homes has a 52 week low of $16.59 and a 52 week high of $31.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in shares of Dream Finders Homes by 39.3% during the 1st quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock valued at $232,000 after acquiring an additional 2,898 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Dream Finders Homes by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock worth $374,000 after purchasing an additional 681 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Dream Finders Homes by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock worth $11,728,000 after purchasing an additional 41,117 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Dream Finders Homes by 12.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 17,053 shares of the company’s stock worth $428,000 after buying an additional 1,870 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Dream Finders Homes during the second quarter worth about $208,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

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.