Dream Finders Homes, Inc. (NYSE:DFH) Given Consensus Rating of “Hold” by Analysts

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

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th.

Insider Activity

In related news, Director Richard Beckwitt acquired 70,000 shares of Dream Finders Homes stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $13.95 per share, with a total value of $976,500.00. Following the completion of the purchase, the director owned 70,000 shares of the company’s stock, valued at $976,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders bought 90,000 shares of company stock worth $1,264,740 over the last quarter. 69.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dream Finders Homes

Institutional investors have recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC bought a new position in Dream Finders Homes during the 1st quarter worth approximately $4,800,000. Millennium Management LLC lifted its position in Dream Finders Homes by 200.1% in the fourth quarter. Millennium Management LLC now owns 382,170 shares of the company’s stock valued at $6,535,000 after purchasing an additional 254,839 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Dream Finders Homes by 19.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock valued at $20,173,000 after purchasing an additional 234,899 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Dream Finders Homes by 73.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 460,844 shares of the company’s stock valued at $7,880,000 after purchasing an additional 195,742 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Dream Finders Homes during the second quarter valued at approximately $2,833,000. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Dream Finders Homes Stock Performance

DFH stock opened at $14.95 on Friday. The company has a market capitalization of $1.36 billion, a PE ratio of 10.45 and a beta of 1.88. Dream Finders Homes has a one year low of $12.20 and a one year high of $31.50. The company’s 50 day moving average price is $15.36 and its two-hundred day moving average price is $15.63.

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

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.