Dream Finders Homes (NYSE:DFH) Upgraded to Hold at Wall Street Zen

Dream Finders Homes (NYSE:DFH) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Other research analysts have also issued research reports about the company. BTIG Research started coverage on Dream Finders Homes in a research report on Monday, December 1st. They set a “neutral” rating on the stock. Zacks Research downgraded Dream Finders Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Citizens Jmp raised shares of Dream Finders Homes to a “hold” rating in a research note on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. Finally, Citigroup started coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and one has assigned 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.

Dream Finders Homes Stock Down 5.4%

NYSE:DFH opened at $13.44 on Friday. Dream Finders Homes has a twelve month low of $13.39 and a twelve month high of $31.50. The business has a 50 day moving average price of $17.84 and a two-hundred day moving average price of $20.17. The company has a market cap of $1.23 billion, a P/E ratio of 6.25, a price-to-earnings-growth ratio of 1.14 and a beta of 1.86.

Dream Finders Homes (NYSE:DFH) last posted its quarterly earnings data on Monday, February 23rd. The company reported $999.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter.

Hedge Funds Weigh In On Dream Finders Homes

Hedge funds have recently bought and sold shares of the business. Cooke & Bieler LP raised its stake 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 valued at $42,529,000 after purchasing an additional 16,946 shares in the last quarter. State Street Corp lifted its stake in Dream Finders Homes by 0.4% during the fourth quarter. State Street Corp now owns 1,545,418 shares of the company’s stock worth $26,427,000 after purchasing an additional 6,032 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Dream Finders Homes by 6.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,214,409 shares of the company’s stock valued at $20,767,000 after purchasing an additional 76,919 shares in the last quarter. Geode Capital Management LLC boosted 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 valued at $17,226,000 after purchasing an additional 46,538 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake 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 valued at $11,728,000 after purchasing an additional 41,117 shares during the last quarter. 95.55% of the stock is owned by institutional investors.

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.