Dream Finders Homes (NYSE:DFH) Hits New 12-Month Low – Should You Sell?

Shares of Dream Finders Homes, Inc. (NYSE:DFH) hit a new 52-week low on Wednesday . The stock traded as low as $13.29 and last traded at $13.4170, with a volume of 711821 shares. The stock had previously closed at $14.53.

Analyst Upgrades and Downgrades

DFH has been the topic of several recent research reports. Citizens Jmp raised Dream Finders Homes to a “hold” rating in a research note on Wednesday, January 7th. Citigroup initiated coverage on Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating on the stock. Zacks Research cut Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dream Finders Homes in a research note on Tuesday, January 27th. Finally, Wall Street Zen raised Dream Finders Homes from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. 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 company’s stock. According to data from MarketBeat.com, Dream Finders Homes presently has an average rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Price Performance

The stock has a market capitalization of $1.23 billion, a PE ratio of 6.24, a PEG ratio of 1.12 and a beta of 1.94. The business has a 50 day moving average price of $17.11 and a 200 day moving average price of $19.32.

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

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors have recently modified their holdings of the stock. Cooke & Bieler LP grew its stake in shares of 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 acquiring an additional 16,946 shares during the last quarter. State Street Corp grew 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 worth $26,427,000 after acquiring an additional 6,032 shares during the last quarter. Dimensional Fund Advisors LP grew 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 worth $20,767,000 after acquiring an additional 76,919 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Dream Finders Homes by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock valued at $11,728,000 after buying an additional 41,117 shares during the last quarter. Finally, Elgethun Capital Management boosted its position in shares of Dream Finders Homes by 8.2% during the fourth quarter. Elgethun Capital Management now owns 495,037 shares of the company’s stock valued at $8,465,000 after buying an additional 37,450 shares during the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.