Dream Finders Homes, Inc. (DFH) – What Are Brokerages Thinking About This Stock?

Dream Finders Homes, Inc. (NYSE:DFH) has been given an average recommendation of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

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

Insider Buying and Selling at Dream Finders Homes

In other Dream Finders Homes news, Director Richard Beckwitt bought 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $13.95 per share, with a total value of $976,500.00. Following the purchase, the director directly owned 70,000 shares in the company, valued at approximately $976,500. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have purchased a total of 103,000 shares of company stock valued at $1,427,755 in the last ninety days. Insiders own 65.97% of the company’s stock.

Institutional Investors Weigh In On Dream Finders Homes

Hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its stake in shares of Dream Finders Homes by 19.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock valued at $20,173,000 after acquiring an additional 234,899 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Dream Finders Homes in the first quarter valued at $4,800,000. Janus Henderson Group PLC grew its stake in Dream Finders Homes by 5.2% during 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. Bank of New York Mellon Corp acquired a new position in Dream Finders Homes during the 2nd quarter worth $2,833,000. Finally, Bank of America Corp DE grew its stake in Dream Finders Homes by 51.5% during the 1st quarter. Bank of America Corp DE now owns 146,119 shares of the company’s stock worth $2,034,000 after purchasing an additional 49,694 shares in the last quarter. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Dream Finders Homes Price Performance

Shares of Dream Finders Homes stock opened at $9.24 on Friday. The business has a 50-day moving average of $12.73 and a 200 day moving average of $14.12. Dream Finders Homes has a 12 month low of $8.93 and a 12 month high of $24.66. The stock has a market capitalization of $837.93 million, a price-to-earnings ratio of 6.46 and a beta of 1.91.

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

Dream Finders Homes Company Profile

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.