Dream Finders Homes (NYSE:DFH) Trading Down 7% – What’s Next?

Dream Finders Homes, Inc. (NYSE:DFH)’s stock price was down 7% during trading on Monday . The company traded as low as $14.27 and last traded at $13.9810. Approximately 56,216 shares traded hands during trading, a decline of 91% from the average session volume of 655,889 shares. The stock had previously closed at $15.03.

Analyst Upgrades and Downgrades

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

Dream Finders Homes Stock Down 5.0%

The firm has a market capitalization of $1.30 billion, a P/E ratio of 10.00 and a beta of 1.88. The business’s 50 day moving average is $15.38 and its 200-day moving average is $15.90.

Dream Finders Homes (NYSE:DFH) last released its earnings results on Thursday, July 30th. The company reported $0.27 earnings per share for the quarter. The firm had revenue of $1.06 billion during the quarter. Dream Finders Homes had a return on equity of 10.38% and a net margin of 3.55%.

Institutional Trading of Dream Finders Homes

Several large investors have recently bought and sold shares of DFH. Bank of New York Mellon Corp bought a new position in Dream Finders Homes in the second quarter valued at about $2,833,000. Handelsbanken Fonder AB boosted its stake in shares of Dream Finders Homes by 87.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 26,600 shares of the company’s stock valued at $459,000 after purchasing an additional 12,400 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Dream Finders Homes by 37.5% in the 2nd quarter. GAMMA Investing LLC now owns 9,996 shares of the company’s stock valued at $173,000 after purchasing an additional 2,728 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Dream Finders Homes by 59.4% during the 2nd quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock valued at $89,000 after purchasing an additional 1,913 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of 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 last quarter. 95.55% of the stock is 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.