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

Shares of Dream Finders Homes, Inc. (NYSE:DFH) have received an average recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating 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 Activity

In other Dream Finders Homes news, Director Richard Beckwitt bought 10,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were bought at an average cost of $12.07 per share, for a total transaction of $120,700.00. Following the purchase, the director directly owned 100,000 shares of the company’s stock, valued at approximately $1,207,000. This trade represents a 11.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders acquired 103,000 shares of company stock worth $1,427,755. Company insiders own 65.97% of the company’s stock.

Hedge Funds Weigh In On Dream Finders Homes

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Janus Henderson Group PLC grew its position in shares of 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 valued at $26,125,000 after acquiring an additional 92,691 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of 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 during the period. Bank of New York Mellon Corp bought a new stake in shares of Dream Finders Homes in the 2nd quarter worth approximately $2,833,000. Bank of America Corp DE raised its holdings in shares of Dream Finders Homes by 51.5% in 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 during the period. Finally, Principal Financial Group Inc. lifted its stake in Dream Finders Homes by 2.1% in the first quarter. Principal Financial Group Inc. now owns 139,944 shares of the company’s stock valued at $1,948,000 after purchasing an additional 2,899 shares during the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

Dream Finders Homes Stock Up 26.7%

Dream Finders Homes stock opened at $12.79 on Thursday. Dream Finders Homes has a 52 week low of $7.30 and a 52 week high of $21.55. The company’s 50 day moving average price is $11.16 and its two-hundred day moving average price is $14.65. The stock has a market cap of $1.16 billion, a P/E ratio of 13.33 and a beta of 2.02.

Dream Finders Homes (NYSE:DFH) last released its earnings results on Thursday, October 29th. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $996.05 million during the quarter. Dream Finders Homes had a return on equity of 8.87% and a net margin of 2.56%.

Dream Finders Homes Company Profile

Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.

Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.

In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.