Dream Finders Homes (NYSE:DFH) Releases Quarterly Earnings Results

Dream Finders Homes (NYSE:DFH – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.22 earnings per share for the quarter, Zacks reports. Dream Finders Homes had a return on equity of 10.38% and a net margin of 3.55%.

Dream Finders Homes Stock Up 3.7%

Shares of NYSE:DFH traded up $0.36 during trading on Thursday, hitting $10.08. 973,821 shares of the company were exchanged, compared to its average volume of 1,750,622. The business’s 50 day moving average is $11.48 and its 200-day moving average is $14.83. The company has a market capitalization of $914.55 million, a P/E ratio of 6.80 and a beta of 1.91. Dream Finders Homes has a 1-year low of $7.30 and a 1-year high of $21.55.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Dream Finders Homes in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Read Our Latest Research Report on DFH

Insider Activity at Dream Finders Homes

In other news, Director Richard Beckwitt acquired 70,000 shares of Dream Finders Homes stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $13.95 per share, for a total transaction of $976,500.00. Following the transaction, the director directly owned 70,000 shares of the company’s stock, valued at approximately $976,500. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders acquired 103,000 shares of company stock valued at $1,427,755. 65.97% of the stock is currently owned by corporate insiders.

Dream Finders Homes Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Dream Finders Homes (NYSE:DFH)

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