Dream Finders Homes, Inc. (NASDAQ:DFH) Given Consensus Recommendation of “Hold” by Analysts

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

Several analysts have recently issued reports on the stock. Citizens Jmp initiated coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They set a “market perform” rating on the stock. Zelman & Associates upgraded Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 12th. Citigroup assumed coverage on Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating for the company. Finally, BTIG Research started coverage on Dream Finders Homes in a research report on Monday, December 1st. They set a “neutral” rating on the stock.

Institutional Investors Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently made changes to their positions in DFH. Islay Capital Management LLC bought a new position in Dream Finders Homes during the 2nd quarter valued at about $1,216,000. Cooke & Bieler LP lifted its stake in Dream Finders Homes by 12.9% in the second quarter. Cooke & Bieler LP now owns 2,459,600 shares of the company’s stock worth $61,810,000 after purchasing an additional 280,510 shares during the last quarter. Elgethun Capital Management boosted its position in shares of Dream Finders Homes by 145.3% during the second quarter. Elgethun Capital Management now owns 454,112 shares of the company’s stock valued at $11,412,000 after buying an additional 269,024 shares during the period. Marshall Wace LLP purchased a new position in shares of Dream Finders Homes during the second quarter valued at approximately $12,388,000. Finally, AlphaQuest LLC grew its stake in shares of Dream Finders Homes by 541.5% during the third quarter. AlphaQuest LLC now owns 38,406 shares of the company’s stock valued at $995,000 after buying an additional 32,419 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Stock Down 3.7%

Dream Finders Homes stock opened at $18.49 on Thursday. Dream Finders Homes has a 52-week low of $16.59 and a 52-week high of $31.50. The firm’s fifty day moving average is $18.97 and its 200 day moving average is $22.06. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 6.04, a PEG ratio of 1.28 and a beta of 1.86.

About Dream Finders Homes

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.