Dream Finders Homes, Inc. (NYSE:DFH) Receives Consensus Rating of “Hold” from Brokerages

Dream Finders Homes, Inc. (NYSE:DFH) has been given a consensus recommendation of “Hold” by the seven analysts that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $26.00.

DFH has been the subject of a number of research reports. Wall Street Zen downgraded shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th.

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors have recently made changes to their positions in DFH. Royal Bank of Canada grew its holdings in shares of Dream Finders Homes by 39.3% during the first quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock valued at $232,000 after buying an additional 2,898 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Dream Finders Homes by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock valued at $374,000 after buying an additional 681 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings 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 valued at $11,728,000 after buying an additional 41,117 shares during the last quarter. Creative Planning purchased a new stake in shares of Dream Finders Homes during the second quarter valued at approximately $206,000. Finally, American Century Companies Inc. purchased a new stake in shares of Dream Finders Homes during the second quarter valued at approximately $789,000. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Trading Up 0.1%

Dream Finders Homes stock opened at $14.61 on Monday. The firm has a 50-day moving average of $14.36 and a 200-day moving average of $16.92. The firm has a market cap of $1.34 billion, a P/E ratio of 8.49 and a beta of 1.85. Dream Finders Homes has a 1-year low of $12.20 and a 1-year high of $31.50.

Dream Finders Homes (NYSE:DFH) last posted its earnings results on Thursday, April 30th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). The firm had revenue of $887.84 million for the quarter. Dream Finders Homes had a return on equity of 12.65% and a net margin of 4.16%.

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.