Dream Finders Homes (NYSE:DFH) Hits New 1-Year Low – Here’s Why

Dream Finders Homes, Inc. (NYSE:DFH) shares reached a new 52-week low on Wednesday . The company traded as low as $13.55 and last traded at $13.79, with a volume of 51057 shares. The stock had previously closed at $14.08.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on DFH shares. Zacks Research cut shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. Wall Street Zen upgraded shares of Dream Finders Homes from a “sell” rating to a “hold” rating in a research report on Friday, November 28th. Citizens Jmp raised Dream Finders Homes to a “hold” rating in a research note on Wednesday, January 7th. Weiss Ratings restated a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. Finally, BTIG Research started coverage on Dream Finders Homes in a research note on Monday, December 1st. They set a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Stock Performance

The business’s 50-day moving average is $18.19 and its two-hundred day moving average is $20.38. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 6.48, a P/E/G ratio of 1.13 and a beta of 1.86.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings data on Monday, February 23rd. The company reported $999.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $998.38. Dream Finders Homes had a net margin of 5.02% and a return on equity of 16.00%. The firm had revenue of $1.21 billion during the quarter.

Hedge Funds Weigh In On Dream Finders Homes

Several institutional investors and hedge funds have recently made changes to their positions in the company. Cooke & Bieler LP grew its holdings in shares of Dream Finders Homes by 0.7% in the 4th quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock valued at $42,529,000 after buying an additional 16,946 shares during the period. State Street Corp raised its stake in Dream Finders Homes by 0.4% during the 4th quarter. State Street Corp now owns 1,545,418 shares of the company’s stock worth $26,427,000 after buying an additional 6,032 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Dream Finders Homes by 6.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,214,409 shares of the company’s stock worth $20,767,000 after acquiring an additional 76,919 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Dream Finders Homes by 7.3% during the second quarter. Geode Capital Management LLC now owns 685,435 shares of the company’s stock worth $17,226,000 after acquiring an additional 46,538 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Dream Finders Homes by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock valued at $11,728,000 after acquiring an additional 41,117 shares during the period. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Company Profile

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.