Dream Finders Homes (NYSE:DFH) Stock Price Up 4.4% – Still a Buy?

Dream Finders Homes, Inc. (NYSE:DFHGet Free Report) shot up 4.4% on Friday . The company traded as high as $16.18 and last traded at $16.2930. 26,328 shares traded hands during trading, a decline of 96% from the average session volume of 657,960 shares. The stock had previously closed at $15.61.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DFH shares. Wall Street Zen lowered 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 research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $26.00.

Check Out Our Latest Stock Analysis on Dream Finders Homes

Dream Finders Homes Price Performance

The business’s 50-day moving average is $15.03 and its 200 day moving average is $16.37. The firm has a market capitalization of $1.50 billion, a P/E ratio of 9.55 and a beta of 1.85.

Dream Finders Homes (NYSE:DFHGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.15). The company 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%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC boosted its holdings in shares of 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 in the last quarter. Elevation Point Wealth Partners LLC bought a new position in Dream Finders Homes in the 1st quarter worth approximately $4,800,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Dream Finders Homes by 24,680.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 94,663 shares of the company’s stock valued at $1,619,000 after acquiring an additional 94,281 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in Dream Finders Homes by 105.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 128,872 shares of the company’s stock valued at $2,204,000 after purchasing an additional 66,294 shares during the period. Finally, Elgethun Capital Management increased its holdings in shares of Dream Finders Homes by 8.2% in the fourth quarter. Elgethun Capital Management now owns 495,037 shares of the company’s stock worth $8,465,000 after purchasing an additional 37,450 shares during the period. Institutional investors and hedge funds own 95.55% of the company’s stock.

About Dream Finders Homes

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Dream Finders Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Finders Homes and related companies with MarketBeat.com's FREE daily email newsletter.