Dream Finders Homes, Inc. (NYSE:DFH) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Dream Finders Homes, Inc. (NYSE:DFH) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company.

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

Insider Activity

In other news, Director Richard Beckwitt purchased 70,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $13.95 per share, for a total transaction of $976,500.00. Following the purchase, the director owned 70,000 shares of the company’s stock, valued at approximately $976,500. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have acquired 103,000 shares of company stock worth $1,427,755 in the last three months. 65.97% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dream Finders Homes

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Janus Henderson Group PLC increased its holdings 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 shares of Dream Finders Homes by 19.3% during 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 in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Dream Finders Homes during the first quarter valued at about $4,800,000. De Lisle Partners LLP grew its holdings in shares of Dream Finders Homes by 13.9% during the fourth quarter. De Lisle Partners LLP now owns 171,453 shares of the company’s stock worth $2,930,000 after purchasing an additional 20,951 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Dream Finders Homes during the second quarter worth about $2,833,000. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Trading Up 13.5%

Shares of Dream Finders Homes stock opened at $8.43 on Friday. The firm’s 50 day moving average is $12.47 and its 200 day moving average is $14.04. The firm has a market capitalization of $764.32 million, a PE ratio of 5.19 and a beta of 1.91. Dream Finders Homes has a 1 year low of $7.30 and a 1 year high of $24.28.

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

About Dream Finders Homes

Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company offers a range of home plans and options intended for first-time, move-up and luxury buyers, with homes typically sold through a build-to-order model as well as from completed inventory. Its operations also include the development and acquisition of residential lots for use in its homebuilding activities.

Founded in 2008, Dream Finders Homes has expanded through organic growth and acquisitions into multiple housing markets across the United States.