Dream Finders Homes (NYSE:DFH) Hits New 1-Year Low – Here’s What Happened

Dream Finders Homes, Inc. (NYSE:DFH) reached a new 52-week low during trading on Tuesday . The company traded as low as $12.20 and last traded at $12.4850, with a volume of 30089 shares trading hands. The stock had previously closed at $12.85.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th. Wall Street Zen cut Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Dream Finders Homes has an average rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Stock Down 1.2%

The stock has a fifty day moving average of $14.43 and a two-hundred day moving average of $17.37. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 7.38 and a beta of 1.85.

Dream Finders Homes (NYSE:DFH) last released its earnings results on Thursday, April 30th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). The business had revenue of $887.84 million during the quarter. Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%.

Institutional Trading of Dream Finders Homes

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Dream Finders Homes by 39.3% during the first quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock worth $232,000 after buying an additional 2,898 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Dream Finders Homes by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock valued at $374,000 after acquiring an additional 681 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Dream Finders Homes by 8.6% during the 1st 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 in the last quarter. Creative Planning acquired a new stake in shares of Dream Finders Homes in the 2nd quarter worth approximately $206,000. Finally, American Century Companies Inc. acquired a new stake in shares of Dream Finders Homes in the 2nd quarter worth approximately $789,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

About Dream Finders Homes

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.