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

Dream Finders Homes (NYSE:DFH) posted its quarterly earnings data on Thursday. The company reported $0.27 EPS for the quarter, Zacks reports. The business had revenue of $1.06 billion during the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.43%.

Dream Finders Homes Trading Down 4.3%

NYSE:DFH traded down $0.57 during mid-day trading on Friday, hitting $12.77. The stock had a trading volume of 926,752 shares, compared to its average volume of 553,339. The stock has a 50-day simple moving average of $15.48 and a two-hundred day simple moving average of $16.12. The company has a market capitalization of $1.17 billion, a PE ratio of 8.93 and a beta of 1.85. Dream Finders Homes has a twelve month low of $12.20 and a twelve month high of $31.50.

Institutional Investors Weigh In On Dream Finders Homes

A number of large investors have recently modified their holdings of the company. Invesco Ltd. boosted its stake in Dream Finders Homes by 50.0% in the fourth quarter. Invesco Ltd. now owns 447,880 shares of the company’s stock valued at $7,659,000 after acquiring an additional 149,231 shares in the last quarter. XTX Topco Ltd increased its position in shares of Dream Finders Homes by 216.1% during the fourth quarter. XTX Topco Ltd now owns 35,527 shares of the company’s stock worth $608,000 after purchasing an additional 24,288 shares in the last quarter. VARCOV Co. acquired a new stake in shares of Dream Finders Homes during the fourth quarter worth about $494,000. SummitTX Capital L.P. lifted its holdings in shares of Dream Finders Homes by 16.8% in the 4th quarter. SummitTX Capital L.P. now owns 21,751 shares of the company’s stock valued at $372,000 after purchasing an additional 3,121 shares during the last quarter. Finally, Susquehanna Portfolio Strategies LLC purchased a new stake in shares of Dream Finders Homes in the 4th quarter valued at about $276,000. 95.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DFH. Weiss Ratings lowered shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 13th. Wall Street Zen lowered Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $26.00.

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.