Dream Finders Homes (NASDAQ:DFH) Sets New 12-Month Low – Here’s What Happened

Dream Finders Homes, Inc. (NASDAQ:DFH) reached a new 52-week low during trading on Friday . The stock traded as low as $16.35 and last traded at $16.55, with a volume of 66412 shares traded. The stock had previously closed at $17.25.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DFH. BTIG Research assumed coverage on Dream Finders Homes in a report on Monday, December 1st. They set a “neutral” rating on the stock. Citizens Jmp initiated coverage on Dream Finders Homes in a report on Wednesday, January 7th. They set a “market perform” rating on the stock. Zelman & Associates upgraded shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 12th. Finally, Citigroup began coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They issued a “market perform” rating for the company. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Dream Finders Homes has an average rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Stock Performance

The company has a market cap of $1.55 billion, a P/E ratio of 5.46, a P/E/G ratio of 1.28 and a beta of 1.86. The stock has a 50 day moving average price of $18.95 and a 200 day moving average price of $21.70.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds have recently made changes to their positions in the business. Fifth Third Bancorp raised its holdings in shares of Dream Finders Homes by 701.7% in 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. Hantz Financial Services Inc. increased its holdings in shares of Dream Finders Homes by 154.0% in the fourth quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after buying an additional 1,015 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Dream Finders Homes during the 3rd quarter valued at $39,000. Nisa Investment Advisors LLC boosted its stake in shares of Dream Finders Homes by 164.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,792 shares of the company’s stock worth $45,000 after acquiring an additional 1,114 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of Dream Finders Homes by 4,853.5% during the 3rd 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. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Company Profile

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.