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

Dream Finders Homes, Inc. (NASDAQ:DFH) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $26.00.

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

Dream Finders Homes Stock Down 1.9%

Shares of DFH opened at $18.07 on Thursday. Dream Finders Homes has a twelve month low of $16.59 and a twelve month high of $31.50. The company has a 50 day moving average of $18.97 and a 200-day moving average of $21.96. The stock has a market capitalization of $1.68 billion, a P/E ratio of 5.90, a P/E/G ratio of 1.28 and a beta of 1.86.

Hedge Funds Weigh In On Dream Finders Homes

A number of hedge funds have recently made changes to their positions in DFH. Royal Bank of Canada boosted its holdings in Dream Finders Homes by 39.3% in the first 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Dream Finders Homes by 4.3% in the 1st 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 period. Goldman Sachs Group Inc. lifted its position in shares of Dream Finders Homes by 8.6% in the 1st 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 during the period. AlphaQuest LLC bought a new stake in shares of Dream Finders Homes in the 2nd quarter valued at $150,000. Finally, Nisa Investment Advisors LLC increased its position in shares of 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. 95.55% of the stock is currently owned by institutional investors.

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.