Dream Finders Homes (NYSE:DFH) Raised to “Hold” at Wall Street Zen

Dream Finders Homes (NYSE:DFH) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Other equities analysts have also recently issued research reports about the stock. Zacks Research cut shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dream Finders Homes in a report on Tuesday, January 27th. Citizens Jmp raised shares of Dream Finders Homes to a “hold” rating in a research report on Wednesday, January 7th. Citigroup initiated coverage on shares of Dream Finders Homes in a report on Wednesday, January 7th. They issued a “market perform” rating on the stock. Finally, BTIG Research began coverage on Dream Finders Homes in a research report on Monday, December 1st. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dream Finders Homes has an average rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Price Performance

Shares of DFH stock opened at $13.44 on Friday. The business’s 50 day simple moving average is $17.84 and its 200 day simple moving average is $20.17. Dream Finders Homes has a one year low of $13.39 and a one year high of $31.50. The stock has a market capitalization of $1.23 billion, a PE ratio of 6.25, a PEG ratio of 1.14 and a beta of 1.86.

Dream Finders Homes (NYSE:DFH) last announced its earnings results on Monday, February 23rd. The company reported $999.00 EPS for the quarter, beating the consensus estimate of $0.62 by $998.38. The company had revenue of $1.21 billion for the quarter. Dream Finders Homes had a return on equity of 16.00% and a net margin of 5.02%.

Institutional Trading of Dream Finders Homes

Several hedge funds have recently added to or reduced their stakes in DFH. Fifth Third Bancorp boosted its stake in Dream Finders Homes by 701.7% in the third quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock valued at $25,000 after acquiring an additional 828 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Dream Finders Homes by 154.0% during 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 during the last quarter. Advisory Services Network LLC purchased a new position in shares of Dream Finders Homes during the 3rd quarter valued at $39,000. Larson Financial Group LLC grew its stake in shares of Dream Finders Homes by 4,853.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after acquiring an additional 3,446 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in Dream Finders Homes by 11.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after acquiring an additional 402 shares during the last quarter. 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.