Dream Finders Homes, Inc. (NYSE:DFH) Receives $26.00 Average Price Target from Brokerages

Shares of Dream Finders Homes, Inc. (NYSE:DFH) have received an average recommendation of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $26.00.

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th.

Insider Transactions at Dream Finders Homes

In related news, Director Richard Beckwitt purchased 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $13.95 per share, with a total value of $976,500.00. Following the completion of the purchase, the director directly owned 70,000 shares in the company, valued at approximately $976,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought 90,500 shares of company stock valued at $1,272,130 over the last ninety days. 69.12% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in shares of Dream Finders Homes by 19.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock worth $20,173,000 after acquiring an additional 234,899 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Dream Finders Homes during the 1st quarter valued at about $4,800,000. Janus Henderson Group PLC boosted its stake in Dream Finders Homes by 5.2% during the first quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock worth $26,125,000 after acquiring an additional 92,691 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Dream Finders Homes by 24,680.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 94,663 shares of the company’s stock worth $1,619,000 after acquiring an additional 94,281 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Dream Finders Homes by 105.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 128,872 shares of the company’s stock worth $2,204,000 after purchasing an additional 66,294 shares during the period. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Stock Down 4.1%

Shares of DFH stock opened at $14.68 on Friday. The stock has a fifty day moving average of $15.37 and a 200 day moving average of $15.53. Dream Finders Homes has a 52 week low of $12.20 and a 52 week high of $31.50. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 10.27 and a beta of 1.88.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.27 earnings per share (EPS) for the quarter. The business had revenue of $1.06 billion for the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%.

Dream Finders Homes Company Profile

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.