Dream Finders Homes (NYSE:DFH) Stock Price Down 9.4% – Should You Sell?

Shares of Dream Finders Homes, Inc. (NYSE:DFH) dropped 9.4% during trading on Tuesday . The company traded as low as $13.55 and last traded at $13.6240. Approximately 214,002 shares changed hands during trading, a decline of 65% from the average daily volume of 607,325 shares. The stock had previously closed at $15.03.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DFH. Wall Street Zen lowered shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, April 29th. Finally, Zacks Research lowered shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $26.00.

Dream Finders Homes Stock Performance

The firm has a 50-day moving average price of $14.87 and a 200-day moving average price of $17.71. The stock has a market cap of $1.17 billion, a PE ratio of 7.35, a price-to-earnings-growth ratio of 1.47 and a beta of 1.85.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.15). The firm had revenue of $887.84 million for the quarter. Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%. As a group, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 1.59 EPS for the current fiscal year.

Hedge Funds Weigh In On Dream Finders Homes

A number of hedge funds have recently added to or reduced their stakes in DFH. Fifth Third Bancorp lifted its position in Dream Finders Homes by 701.7% in the 3rd quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock valued at $25,000 after acquiring 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 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock worth $29,000 after purchasing an additional 1,015 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Dream Finders Homes in the third quarter worth $39,000. Larson Financial Group LLC raised its stake in shares of Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after purchasing an additional 3,446 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Dream Finders Homes by 11.9% during the second quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock valued at $95,000 after purchasing an additional 402 shares in the last quarter. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

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.