Dream Finders Homes (NYSE:DFH) Stock Rating Upgraded by Wall Street Zen

Dream Finders Homes (NYSE:DFH) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other research firms have also recently commented on DFH. Weiss Ratings restated a “hold (c)” rating on shares of Dream Finders Homes in a report on Tuesday, January 27th. Citigroup initiated coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating on the stock. Citizens Jmp upgraded shares of Dream Finders Homes to a “hold” rating in a research report on Wednesday, January 7th. Zacks Research lowered shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. Finally, BTIG Research started coverage on shares of Dream Finders Homes in a report on Monday, December 1st. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Trading Up 0.4%

Shares of Dream Finders Homes stock opened at $13.44 on Friday. The stock has a 50-day moving average price of $17.84 and a 200 day moving average price of $20.04. The company has a market cap of $1.23 billion, a P/E ratio of 6.25, a P/E/G ratio of 1.07 and a beta of 1.86. Dream Finders Homes has a 1 year low of $13.39 and a 1 year high of $31.50.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings data on Monday, February 23rd. The company reported $999.00 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $998.38. The firm had revenue of $1.21 billion during the quarter. Dream Finders Homes had a return on equity of 16.00% and a net margin of 5.02%.

Hedge Funds Weigh In On Dream Finders Homes

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in Dream Finders Homes by 39.3% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Dream Finders Homes by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock worth $374,000 after acquiring an additional 681 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Dream Finders Homes by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock worth $11,728,000 after acquiring an additional 41,117 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Dream Finders Homes by 7.3% during the 2nd quarter. Geode Capital Management LLC now owns 685,435 shares of the company’s stock worth $17,226,000 after purchasing an additional 46,538 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its stake in shares of Dream Finders Homes by 20.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 6,786 shares of the company’s stock worth $171,000 after purchasing an additional 1,144 shares during 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 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.