Dream Finders Homes, Inc. (NASDAQ:DFH) Given Average Rating of “Hold” by Brokerages

Dream Finders Homes, Inc. (NASDAQ:DFH) has been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $26.00.

A number of research analysts recently weighed in on the company. BTIG Research assumed coverage on Dream Finders Homes in a report on Monday, December 1st. They set a “neutral” rating on the stock. Citigroup initiated coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They set a “market perform” rating for the company. Bank of America dropped their price objective on shares of Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. Citizens Jmp started coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They set a “market perform” rating for the company. Finally, Zelman & Associates upgraded shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 12th.

Dream Finders Homes Stock Performance

Shares of DFH stock opened at $18.40 on Friday. Dream Finders Homes has a 52-week low of $16.59 and a 52-week high of $31.50. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 6.01, a PEG ratio of 1.28 and a beta of 1.86. The firm’s 50-day moving average is $18.73 and its 200-day moving average is $22.89.

Institutional Trading of Dream Finders Homes

Several hedge funds have recently added to or reduced their stakes in DFH. New York State Teachers Retirement System boosted its stake in Dream Finders Homes by 22.1% in the 4th quarter. New York State Teachers Retirement System now owns 11,686 shares of the company’s stock valued at $200,000 after purchasing an additional 2,117 shares during the period. UBS Group AG lifted its holdings in shares of Dream Finders Homes by 171.6% during the fourth quarter. UBS Group AG now owns 187,760 shares of the company’s stock worth $3,211,000 after buying an additional 118,632 shares in the last quarter. Quent Capital LLC bought a new stake in shares of Dream Finders Homes in the fourth quarter valued at about $408,000. Davidson Kahn Capital Management LLC grew its stake in shares of Dream Finders Homes by 5.6% in the fourth quarter. Davidson Kahn Capital Management LLC now owns 111,804 shares of the company’s stock valued at $1,912,000 after acquiring an additional 5,938 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in Dream Finders Homes by 1,443.4% during the fourth quarter. SG Americas Securities LLC now owns 155,946 shares of the company’s stock worth $2,667,000 after acquiring an additional 145,842 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.

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.