Dream Finders Homes, Inc. (NYSE:DFH) Given Average Recommendation of “Hold” by Brokerages

Shares of Dream Finders Homes, Inc. (NYSE:DFHGet Free Report) have been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $26.00.

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

Read Our Latest Stock Analysis on Dream Finders Homes

Dream Finders Homes Stock Up 7.6%

Shares of NYSE:DFH opened at $12.27 on Wednesday. Dream Finders Homes has a 52-week low of $11.26 and a 52-week high of $27.50. The stock has a market cap of $1.11 billion, a P/E ratio of 8.58 and a beta of 1.91. The business’s 50 day moving average is $14.14 and its 200 day moving average is $14.63.

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

Insider Transactions at Dream Finders Homes

In related news, Director Richard Beckwitt purchased 10,000 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were acquired at an average cost of $12.07 per share, for a total transaction of $120,700.00. Following the acquisition, the director owned 100,000 shares of the company’s stock, valued at $1,207,000. The trade was a 11.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders acquired 103,000 shares of company stock worth $1,427,755. 65.97% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dream Finders Homes

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Cooke & Bieler LP raised its stake in Dream Finders Homes by 0.7% in the fourth quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock valued at $42,529,000 after buying an additional 16,946 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of 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 last quarter. Dimensional Fund Advisors LP increased its position 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 valued at $20,173,000 after acquiring an additional 234,899 shares during the period. Elgethun Capital Management increased its position in shares of Dream Finders Homes by 8.2% in the 4th quarter. Elgethun Capital Management now owns 495,037 shares of the company’s stock valued at $8,465,000 after acquiring an additional 37,450 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new position in Dream Finders Homes in the 1st quarter worth $4,800,000. Hedge funds and other institutional investors own 95.55% of the company’s stock.

About Dream Finders Homes

(Get Free Report)

Dream Finders Homes, Inc is a residential homebuilder that designs, builds and sells single-family homes. The company offers both build-to-order and speculative homes, serving a range of buyers through communities developed in suburban and metropolitan markets.

In addition to home construction, Dream Finders Homes provides related services through affiliated businesses, including mortgage lending and title services. Its homebuilding operations are concentrated in several U.S. markets, primarily across the Southeast, Mid-Atlantic, Texas and Colorado, with offerings that vary by local market and community.

The company was founded in 2008 and is headquartered in Jacksonville, Florida.

Recommended Stories

Analyst Recommendations for Dream Finders Homes (NYSE:DFH)

Receive News & Ratings for Dream Finders Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Finders Homes and related companies with MarketBeat.com's FREE daily email newsletter.