Brokerages Set Dream Finders Homes, Inc. (NYSE:DFH) Price Target at $26.00

Shares of Dream Finders Homes, Inc. (NYSE:DFH) have been assigned an average rating of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $26.00.

A number of equities analysts have recently weighed in on DFH shares. Weiss Ratings lowered Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th. Wall Street Zen lowered Dream Finders Homes from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th.

Dream Finders Homes Stock Up 10.7%

NYSE:DFH opened at $13.91 on Thursday. The stock’s 50 day moving average price is $14.31 and its two-hundred day moving average price is $17.26. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 8.09 and a beta of 1.85. Dream Finders Homes has a 12-month low of $12.20 and a 12-month high of $31.50.

Dream Finders Homes (NYSE:DFH) last released its quarterly earnings data 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 business had revenue of $887.84 million during the quarter. Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%.

Hedge Funds Weigh In On Dream Finders Homes

A number of large investors have recently made changes to their positions in the company. Russell Investments Group Ltd. increased its stake in shares of Dream Finders Homes by 11.9% during the second quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after purchasing an additional 402 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 worth $374,000 after purchasing an additional 681 shares during the period. Fifth Third Bancorp increased its stake in shares of Dream Finders Homes by 701.7% during the third quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock worth $25,000 after purchasing an additional 828 shares during the period. Creative Planning increased its stake in shares of Dream Finders Homes by 10.2% during the third quarter. Creative Planning now owns 9,028 shares of the company’s stock worth $234,000 after purchasing an additional 832 shares during the period. Finally, Victory Capital Management Inc. increased its stake in shares of Dream Finders Homes by 4.9% during the third quarter. Victory Capital Management Inc. now owns 18,166 shares of the company’s stock worth $471,000 after purchasing an additional 854 shares during the period. Institutional investors own 95.55% of the company’s stock.

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.