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

Shares of Dream Finders Homes, Inc. (NYSE:DFH) have been given an average rating of “Hold” by the seven research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $26.00.

DFH has been the subject of several analyst reports. Weiss Ratings cut Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 13th. Wall Street Zen cut Dream Finders Homes from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th.

Institutional Investors Weigh In On Dream Finders Homes

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in shares of Dream Finders Homes by 37.5% in the second quarter. GAMMA Investing LLC now owns 9,996 shares of the company’s stock valued at $173,000 after acquiring an additional 2,728 shares during the period. Versant Capital Management Inc grew its stake in shares of Dream Finders Homes by 59.4% in the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock worth $89,000 after purchasing an additional 1,913 shares during the last quarter. Bank of America Corp DE increased its holdings in Dream Finders Homes by 51.5% during the 1st quarter. Bank of America Corp DE now owns 146,119 shares of the company’s stock valued at $2,034,000 after purchasing an additional 49,694 shares during the period. Janus Henderson Group PLC raised its position in Dream Finders Homes by 5.2% during the 1st quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock valued at $26,125,000 after purchasing an additional 92,691 shares during the last quarter. Finally, SummitTX Capital L.P. raised its position in Dream Finders Homes by 142.0% during the 1st quarter. SummitTX Capital L.P. now owns 52,630 shares of the company’s stock valued at $733,000 after purchasing an additional 30,879 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.

Dream Finders Homes Stock Up 1.3%

Dream Finders Homes stock opened at $16.60 on Friday. The firm has a fifty day simple moving average of $15.00 and a two-hundred day simple moving average of $16.40. Dream Finders Homes has a twelve month low of $12.20 and a twelve month high of $31.50. The company has a market capitalization of $1.52 billion, a PE ratio of 9.65 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). The company 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%.

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.