Dream Finders Homes (NYSE:DFH) Hits New 12-Month Low – What’s Next?

Dream Finders Homes, Inc. (NYSE:DFH) shares reached a new 52-week low on Wednesday . The stock traded as low as $13.22 and last traded at $13.4150, with a volume of 83167 shares. The stock had previously closed at $13.84.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DFH. Citigroup began coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They issued a “market perform” rating for the company. Wall Street Zen raised shares of Dream Finders Homes from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Zacks Research downgraded shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research report on Friday, January 16th. Citizens Jmp raised shares of Dream Finders Homes to a “hold” rating in a research report on Wednesday, January 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. One research 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 data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Trading Up 1.0%

The business’s 50-day moving average is $16.46 and its two-hundred day moving average is $18.81. The firm has a market cap of $1.25 billion, a P/E ratio of 6.33, a P/E/G ratio of 1.08 and a beta of 1.94.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings data on Monday, February 23rd. The company reported $999.00 earnings per share 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 business had revenue of $1.21 billion during the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DFH. Fifth Third Bancorp boosted its stake in 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 purchasing an additional 828 shares during the period. Hantz Financial Services Inc. boosted its stake in Dream Finders Homes by 154.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after purchasing an additional 1,015 shares during the period. Advisory Services Network LLC acquired a new position in Dream Finders Homes during the 3rd quarter valued at about $39,000. Larson Financial Group LLC lifted its stake in shares of Dream Finders Homes by 4,853.5% in the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after acquiring an additional 3,446 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of Dream Finders Homes by 11.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after acquiring an additional 402 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.

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.