Dream Finders Homes, Inc. (NASDAQ:DFH) Receives $26.00 Average Target Price from Analysts

Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) have been assigned an average rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $26.00.

A number of research analysts have weighed in on the company. Bank of America decreased their price objective on Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. Citizens Jmp started coverage on shares of Dream Finders Homes in a research note on Wednesday. They issued a “market perform” rating on the stock. Citigroup started coverage on shares of Dream Finders Homes in a research report on Wednesday. They set a “market perform” rating on the stock. Zelman & Associates raised shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 12th. Finally, BTIG Research initiated coverage on shares of Dream Finders Homes in a research note on Monday, December 1st. They issued a “neutral” rating on the stock.

Hedge Funds Weigh In On Dream Finders Homes

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. grew its holdings in Dream Finders Homes by 11.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock valued at $95,000 after buying an additional 402 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 worth $374,000 after acquiring an additional 681 shares during the period. Fifth Third Bancorp boosted its position in shares of Dream Finders Homes by 701.7% during the 3rd quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock valued at $25,000 after acquiring an additional 828 shares during the last quarter. Creative Planning grew its holdings in shares of Dream Finders Homes by 10.2% in the third quarter. Creative Planning now owns 9,028 shares of the company’s stock valued at $234,000 after purchasing an additional 832 shares during the period. Finally, Victory Capital Management Inc. increased its position in Dream Finders Homes by 4.9% during the third quarter. Victory Capital Management Inc. now owns 18,166 shares of the company’s stock worth $471,000 after purchasing an additional 854 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

Shares of Dream Finders Homes stock opened at $19.62 on Wednesday. The stock has a market capitalization of $1.82 billion, a P/E ratio of 6.41, a PEG ratio of 1.28 and a beta of 1.86. The business has a 50 day simple moving average of $18.58 and a two-hundred day simple moving average of $23.66. Dream Finders Homes has a 12 month low of $16.59 and a 12 month high of $31.50.

Dream Finders Homes Company Profile

Dream Finders Homes is a residential homebuilder specializing in the design, development and construction of single-family and multifamily communities across the United States. Through its in-house Design Studio, the company offers a range of home collections that blend architectural styles with customizable floor plans, allowing buyers to tailor finishes and features to suit their lifestyle preferences. In addition to core construction services, Dream Finders provides integrated mortgage and title services, streamlining the homebuying process for its clients.

Founded in 2007 and headquartered in St.