Dream Finders Homes (NYSE:DFH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Dream Finders Homes (NYSE:DFH) from a sell rating to a hold rating in a report released on Saturday.

Several other research firms also recently issued reports on DFH. Zacks Research downgraded Dream Finders Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Citizens Jmp upgraded Dream Finders Homes to a “hold” rating in a report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. BTIG Research began coverage on shares of Dream Finders Homes in a research note on Monday, December 1st. They set a “neutral” rating on the stock. Finally, Citigroup began coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Stock Performance

Dream Finders Homes stock opened at $13.50 on Friday. The company has a market capitalization of $1.24 billion, a PE ratio of 6.28, a price-to-earnings-growth ratio of 1.07 and a beta of 1.86. Dream Finders Homes has a fifty-two week low of $13.39 and a fifty-two week high of $31.50. The firm has a 50 day moving average price of $17.72 and a 200 day moving average price of $19.93.

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

Institutional Trading of Dream Finders Homes

Hedge funds have recently modified their holdings of the stock. Cooke & Bieler LP grew its stake in Dream Finders Homes by 0.7% during the 4th quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock worth $42,529,000 after purchasing an additional 16,946 shares in the last quarter. State Street Corp raised its position in Dream Finders Homes by 0.4% in the 4th quarter. State Street Corp now owns 1,545,418 shares of the company’s stock valued at $26,427,000 after purchasing an additional 6,032 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Dream Finders Homes by 6.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,214,409 shares of the company’s stock valued at $20,767,000 after buying an additional 76,919 shares during the period. Geode Capital Management LLC boosted its stake in shares of Dream Finders Homes by 7.3% in the 2nd quarter. Geode Capital Management LLC now owns 685,435 shares of the company’s stock valued at $17,226,000 after buying an additional 46,538 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Dream Finders Homes by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock worth $11,728,000 after buying an additional 41,117 shares in the last quarter. 95.55% of the stock is currently owned by institutional investors and hedge funds.

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.