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

Dream Finders Homes, Inc. (NYSE:DFH) has been given a consensus recommendation of “Hold” by the seven brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $26.00.

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

Dream Finders Homes Stock Performance

DFH stock opened at $12.51 on Wednesday. Dream Finders Homes has a one year low of $11.76 and a one year high of $30.34. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 8.75 and a beta of 1.91. The firm has a 50-day simple moving average of $14.54 and a two-hundred day simple moving average of $14.85.

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

Insiders Place Their Bets

In other Dream Finders Homes news, Director Richard Beckwitt bought 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $13.95 per share, for a total transaction of $976,500.00. Following the purchase, the director directly owned 70,000 shares in the company, valued at $976,500. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders acquired 103,000 shares of company stock worth $1,427,755. 65.97% of the stock is owned by insiders.

Institutional Investors Weigh In On Dream Finders Homes

Institutional investors have recently added to or reduced their stakes in the business. Cooke & Bieler LP increased its holdings in shares of Dream Finders Homes by 0.7% during the fourth quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock valued at $42,529,000 after acquiring an additional 16,946 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Dream Finders Homes by 5.2% in the 1st quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock worth $26,125,000 after purchasing an additional 92,691 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Dream Finders Homes by 19.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock worth $20,173,000 after purchasing an additional 234,899 shares in the last quarter. Elgethun Capital Management grew its position in Dream Finders Homes by 8.2% during the 4th 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 last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in Dream Finders Homes during the 1st quarter valued at approximately $4,800,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Company Profile

Dream Finders Homes, Inc is a residential homebuilder that designs, builds and sells single-family homes. The company offers both build-to-order and speculative homes, serving a range of buyers through communities developed in suburban and metropolitan markets.

In addition to home construction, Dream Finders Homes provides related services through affiliated businesses, including mortgage lending and title services. Its homebuilding operations are concentrated in several U.S. markets, primarily across the Southeast, Mid-Atlantic, Texas and Colorado, with offerings that vary by local market and community.

The company was founded in 2008 and is headquartered in Jacksonville, Florida.