Dream Finders Homes (NYSE:DFH) Reaches New 12-Month Low – Here’s Why

Shares of Dream Finders Homes, Inc. (NYSE:DFH) hit a new 52-week low during trading on Wednesday . The company traded as low as $13.55 and last traded at $13.79, with a volume of 51057 shares trading hands. The stock had previously closed at $14.08.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wall Street Zen raised shares of Dream Finders Homes from a “sell” rating to a “hold” rating in a report on Friday, November 28th. Weiss Ratings restated a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. BTIG Research assumed coverage on Dream Finders Homes in a report on Monday, December 1st. They issued a “neutral” rating for the company. Citizens Jmp upgraded Dream Finders Homes to a “hold” rating in a research report on Wednesday, January 7th. Finally, Zacks Research lowered Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Price Performance

The firm’s 50 day moving average is $17.96 and its 200 day moving average is $20.30. The company has a market cap of $1.31 billion, a PE ratio of 6.61, a PEG ratio of 1.15 and a beta of 1.86.

Dream Finders Homes (NYSE:DFH) last posted its earnings results on Monday, February 23rd. The company reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $998.38. The business had revenue of $1.21 billion for the quarter. Dream Finders Homes had a net margin of 5.02% and a return on equity of 16.00%.

Institutional Investors Weigh In On Dream Finders Homes

Several large investors have recently added to or reduced their stakes in DFH. Elgethun Capital Management grew its holdings in shares of Dream Finders Homes by 145.3% during the second quarter. Elgethun Capital Management now owns 454,112 shares of the company’s stock worth $11,412,000 after purchasing an additional 269,024 shares in the last quarter. AlphaQuest LLC raised its stake in Dream Finders Homes by 541.5% in the third quarter. AlphaQuest LLC now owns 38,406 shares of the company’s stock valued at $995,000 after purchasing an additional 32,419 shares in the last quarter. Marshall Wace LLP bought a new stake in Dream Finders Homes during the second quarter valued at approximately $12,388,000. Geode Capital Management LLC lifted its position in Dream Finders Homes by 7.3% during the second quarter. Geode Capital Management LLC now owns 685,435 shares of the company’s stock valued at $17,226,000 after purchasing an additional 46,538 shares during the last quarter. Finally, Epoch Investment Partners Inc. purchased a new position in Dream Finders Homes in the 2nd quarter worth approximately $1,250,000. Institutional investors own 95.55% of the company’s stock.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.