Dream Finders Homes (NASDAQ:DFH) Coverage Initiated at Citizens Jmp

Stock analysts at Citizens Jmp began coverage on shares of Dream Finders Homes (NASDAQ:DFH) in a research report issued on Wednesday, MarketBeat.com reports. The firm set a “market perform” rating on the stock.

Other equities research analysts also recently issued reports about the company. Zelman & Associates upgraded Dream Finders Homes from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 12th. BTIG Research initiated coverage on shares of Dream Finders Homes in a research note on Monday, December 1st. They set a “neutral” rating for the company. Citigroup assumed coverage on shares of Dream Finders Homes in a report on Wednesday. They set a “market perform” rating on the stock. Finally, Bank of America decreased their price target on shares of Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, October 10th. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dream Finders Homes currently has a consensus rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Stock Performance

NASDAQ:DFH opened at $17.69 on Wednesday. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 5.78, a price-to-earnings-growth ratio of 1.28 and a beta of 1.86. Dream Finders Homes has a one year low of $16.59 and a one year high of $31.50. The stock has a 50-day simple moving average of $18.59 and a 200 day simple moving average of $23.69.

Institutional Trading of Dream Finders Homes

Several hedge funds have recently bought and sold shares of DFH. Comerica Bank grew its position in Dream Finders Homes by 14.1% in the 1st quarter. Comerica Bank now owns 10,628 shares of the company’s stock worth $240,000 after purchasing an additional 1,310 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Dream Finders Homes by 39.3% during the first quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock worth $232,000 after buying an additional 2,898 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Dream Finders Homes by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock worth $374,000 after buying an additional 681 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Dream Finders Homes in the 1st quarter worth approximately $470,000. Finally, Goldman Sachs Group Inc. increased its position 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 valued at $11,728,000 after acquiring an additional 41,117 shares during the period. 95.55% of the stock is currently owned by institutional investors.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder specializing in the design, development and construction of single-family and multifamily communities across the United States. Through its in-house Design Studio, the company offers a range of home collections that blend architectural styles with customizable floor plans, allowing buyers to tailor finishes and features to suit their lifestyle preferences. In addition to core construction services, Dream Finders provides integrated mortgage and title services, streamlining the homebuying process for its clients.

Founded in 2007 and headquartered in St.