Dream Finders Homes (NYSE:DFH) Trading 10.8% Higher – Should You Buy?

Dream Finders Homes, Inc. (NYSE:DFH) shares traded up 10.8% during mid-day trading on Wednesday . The company traded as high as $16.54 and last traded at $16.3360. 54,451 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 648,280 shares. The stock had previously closed at $14.75.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 13th. Wall Street Zen lowered Dream Finders Homes from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Stock Performance

The company’s fifty day moving average is $14.69 and its 200-day moving average is $16.53. The company has a market capitalization of $1.54 billion, a PE ratio of 9.77 and a beta of 1.85.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.11 earnings per share 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%.

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors have recently bought and sold shares of DFH. Cooke & Bieler LP lifted its position in shares of Dream Finders Homes by 0.7% in the fourth quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock valued at $42,529,000 after acquiring an additional 16,946 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of 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 purchasing an additional 92,691 shares in the last quarter. State Street Corp grew its position in shares of Dream Finders Homes by 0.4% during the fourth quarter. State Street Corp now owns 1,545,418 shares of the company’s stock worth $26,427,000 after purchasing an additional 6,032 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Dream Finders Homes by 19.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock valued at $20,173,000 after purchasing an additional 234,899 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in 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 in the last quarter. 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.