Brokerages Set Dream Finders Homes, Inc. (NASDAQ:DFH) PT at $26.00

Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) have been given an average rating of “Hold” by the six analysts that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $26.00.

Several research firms have issued reports on DFH. Bank of America cut their target price on Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. BTIG Research initiated coverage on shares of Dream Finders Homes in a report on Monday, December 1st. They issued a “neutral” rating on the stock. Zelman & Associates raised shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 12th. Citizens Jmp assumed coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They set a “market perform” rating for the company. Finally, Citigroup assumed coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating for the company.

Dream Finders Homes Trading Up 1.3%

Shares of NASDAQ DFH opened at $18.19 on Friday. Dream Finders Homes has a 12-month low of $16.59 and a 12-month high of $31.50. The stock’s fifty day simple moving average is $18.69 and its two-hundred day simple moving average is $22.74. The stock has a market capitalization of $1.69 billion, a PE ratio of 5.94, a price-to-earnings-growth ratio of 1.28 and a beta of 1.86.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Marshall Wace LLP acquired a new stake in shares of Dream Finders Homes during the second quarter worth about $12,388,000. Cooke & Bieler LP raised its position in Dream Finders Homes by 12.9% during the 2nd quarter. Cooke & Bieler LP now owns 2,459,600 shares of the company’s stock worth $61,810,000 after buying an additional 280,510 shares during the last quarter. Elgethun Capital Management lifted its stake in Dream Finders Homes by 145.3% during the 2nd quarter. Elgethun Capital Management now owns 454,112 shares of the company’s stock valued at $11,412,000 after acquiring an additional 269,024 shares during the period. SG Americas Securities LLC lifted its stake in Dream Finders Homes by 1,443.4% during the 4th quarter. SG Americas Securities LLC now owns 155,946 shares of the company’s stock valued at $2,667,000 after acquiring an additional 145,842 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Dream Finders Homes by 171.6% in the 4th quarter. UBS Group AG now owns 187,760 shares of the company’s stock valued at $3,211,000 after acquiring an additional 118,632 shares during the last quarter. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Dream Finders Homes Company Profile

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.