Dream Finders Homes, Inc. (NYSE:DFH) Given Consensus Rating of “Hold” by Brokerages

Dream Finders Homes, Inc. (NYSE:DFH) has been assigned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $26.00.

Several equities analysts have recently commented on DFH shares. Weiss Ratings lowered Dream Finders Homes from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Finally, Zacks Research downgraded Dream Finders Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th.

Dream Finders Homes Stock Up 3.3%

Shares of Dream Finders Homes stock opened at $13.45 on Thursday. Dream Finders Homes has a 52 week low of $12.58 and a 52 week high of $31.50. The business’s fifty day simple moving average is $14.68 and its 200-day simple moving average is $17.57. The firm has a market cap of $1.23 billion, a PE ratio of 7.82, a price-to-earnings-growth ratio of 1.34 and a beta of 1.85.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.15). Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%. The business had revenue of $887.84 million during the quarter.

Institutional Investors Weigh In On Dream Finders Homes

Several institutional investors and hedge funds have recently modified their holdings of DFH. Fifth Third Bancorp raised its holdings in shares of 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 buying an additional 828 shares during the period. Hantz Financial Services Inc. raised 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 valued at $29,000 after buying an additional 1,015 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Dream Finders Homes in the 3rd quarter valued at $39,000. State of Wyoming purchased a new stake in shares of Dream Finders Homes in the 1st quarter valued at $54,000. Finally, Larson Financial Group LLC raised its holdings in shares of Dream Finders Homes by 4,853.5% in the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock valued at $91,000 after buying an additional 3,446 shares during the period. Hedge funds and other 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.