Brokerages Set Dream Finders Homes, Inc. (NYSE:DFH) Price Target at $26.00

Shares of Dream Finders Homes, Inc. (NYSE:DFH) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $26.00.

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, Director Richard Beckwitt purchased 10,000 shares of Dream Finders Homes stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of $12.07 per share, for a total transaction of $120,700.00. Following the completion of the acquisition, the director owned 100,000 shares of the company’s stock, valued at approximately $1,207,000. This trade represents a 11.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders have bought 103,000 shares of company stock valued at $1,427,755. Company insiders own 65.97% of the company’s stock.

Institutional Trading of Dream Finders Homes

Institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in shares of Dream Finders Homes by 19.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock worth $20,173,000 after acquiring an additional 234,899 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Dream Finders Homes in the 1st quarter valued at $4,800,000. Janus Henderson Group PLC lifted its holdings in Dream Finders Homes by 5.2% during the 1st quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock valued at $26,125,000 after purchasing an additional 92,691 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Dream Finders Homes during the 2nd quarter valued at $2,833,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Dream Finders Homes by 24,680.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 94,663 shares of the company’s stock worth $1,619,000 after purchasing an additional 94,281 shares during the period. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Stock Performance

NYSE:DFH opened at $11.36 on Wednesday. Dream Finders Homes has a 52-week low of $11.26 and a 52-week high of $28.43. The company has a market cap of $1.03 billion, a P/E ratio of 7.95 and a beta of 1.91. The stock’s 50-day simple moving average is $14.30 and its 200 day simple moving average is $14.71.

Dream Finders Homes (NYSE:DFH) last issued its earnings results on Thursday, July 30th. The company reported $0.27 earnings per share for the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%. The business had revenue of $1.06 billion for the quarter.

About Dream Finders Homes

Dream Finders Homes, Inc is a residential homebuilder that designs, builds and sells single-family homes. The company offers both build-to-order and speculative homes, serving a range of buyers through communities developed in suburban and metropolitan markets.

In addition to home construction, Dream Finders Homes provides related services through affiliated businesses, including mortgage lending and title services. Its homebuilding operations are concentrated in several U.S. markets, primarily across the Southeast, Mid-Atlantic, Texas and Colorado, with offerings that vary by local market and community.

The company was founded in 2008 and is headquartered in Jacksonville, Florida.