Dream Finders Homes (NYSE:DFH) Trading Up 4.8% – Time to Buy?

Dream Finders Homes, Inc. (NYSE:DFH) shares shot up 4.8% during trading on Friday . The company traded as high as $15.58 and last traded at $15.51. 424,569 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 516,321 shares. The stock had previously closed at $14.80.

Wall Street Analysts Forecast Growth

Several research firms have commented on DFH. Wall Street Zen raised Dream Finders Homes from a “sell” rating to a “hold” rating in a report on Friday, November 28th. BTIG Research initiated coverage on Dream Finders Homes in a research report on Monday, December 1st. They issued a “neutral” rating for the company. Citizens Jmp started coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating on the stock. Citigroup initiated coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating on the stock. Finally, Zacks Research lowered shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $26.00.

Dream Finders Homes Stock Performance

The stock has a market cap of $1.42 billion, a P/E ratio of 7.18, a P/E/G ratio of 1.24 and a beta of 1.86. The business’s 50-day moving average price is $18.74 and its 200-day moving average price is $21.11.

Dream Finders Homes (NYSE:DFH) last released its earnings results on Monday, February 23rd. The company reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $998.38. Dream Finders Homes had a net margin of 5.02% and a return on equity of 16.00%. The company had revenue of $1.21 billion during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cooke & Bieler LP lifted its position 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 worth $42,529,000 after buying an additional 16,946 shares during the last quarter. State Street Corp raised its stake in shares of Dream Finders Homes by 0.4% in the fourth quarter. State Street Corp now owns 1,545,418 shares of the company’s stock valued at $26,427,000 after acquiring an additional 6,032 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Dream Finders Homes by 6.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,214,409 shares of the company’s stock valued at $20,767,000 after acquiring an additional 76,919 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Dream Finders Homes by 7.3% in the 2nd quarter. Geode Capital Management LLC now owns 685,435 shares of the company’s stock worth $17,226,000 after acquiring an additional 46,538 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Dream Finders Homes by 8.6% in 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 during the last quarter. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Company Profile

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.