Dream Finders Homes (NYSE:DFH) Shares Up 10.1% – Here’s What Happened

Dream Finders Homes, Inc. (NYSE:DFHGet Free Report) shares shot up 10.1% during mid-day trading on Wednesday . The company traded as high as $13.81 and last traded at $13.8410. 512,845 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 656,674 shares. The stock had previously closed at $12.57.

Analyst Ratings Changes

DFH has been the subject of a number of recent research reports. Wall Street Zen lowered shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Dream Finders Homes currently has an average rating of “Hold” and a consensus price target of $26.00.

Get Our Latest Analysis on DFH

Dream Finders Homes Stock Up 10.1%

The business’s 50-day moving average is $14.35 and its two-hundred day moving average is $17.30. The company has a market capitalization of $1.27 billion, a P/E ratio of 8.06 and a beta of 1.85.

Dream Finders Homes (NYSE:DFHGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.15). Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%. The firm had revenue of $887.84 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Cooke & Bieler LP raised its stake in shares of Dream Finders Homes by 0.7% during the 4th quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock worth $42,529,000 after purchasing an additional 16,946 shares during the period. Janus Henderson Group PLC grew its position in Dream Finders Homes by 5.2% during the first quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock valued at $26,125,000 after buying an additional 92,691 shares during the period. State Street Corp increased its holdings in Dream Finders Homes by 0.4% during the fourth 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 last quarter. Dimensional Fund Advisors LP raised its position in 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 worth $20,173,000 after acquiring an additional 234,899 shares during the period. Finally, Goldman Sachs Group Inc. raised its position 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 worth $11,728,000 after acquiring an additional 41,117 shares during the period. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Company Profile

(Get Free Report)

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.

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