Dream Finders Homes (NYSE:DFH) Releases Quarterly Earnings Results, Misses Estimates By $0.15 EPS

Dream Finders Homes (NYSE:DFH) posted its quarterly earnings data on Thursday. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15), Zacks reports. The business had revenue of $887.84 million during the quarter. Dream Finders Homes had a return on equity of 16.00% and a net margin of 5.02%.

Dream Finders Homes Trading Up 4.4%

Dream Finders Homes stock traded up $0.65 during mid-day trading on Friday, hitting $15.25. The stock had a trading volume of 725,910 shares, compared to its average volume of 588,881. The stock has a 50-day simple moving average of $15.35 and a two-hundred day simple moving average of $18.10. The stock has a market capitalization of $1.40 billion, a PE ratio of 7.09, a P/E/G ratio of 4.26 and a beta of 1.94. Dream Finders Homes has a 12 month low of $13.22 and a 12 month high of $31.50.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Citigroup began coverage on Dream Finders Homes in a report on Wednesday, January 7th. They issued a “market perform” rating for the company. Zacks Research cut shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research report on Friday, January 16th. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. Citizens Jmp upgraded shares of Dream Finders Homes to a “hold” rating in a research report on Wednesday, January 7th. Finally, Wall Street Zen lowered shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. One 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $26.00.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Inspire Advisors LLC bought a new stake in shares of Dream Finders Homes during the 4th quarter valued at $203,000. Sherbrooke Park Advisers LLC bought a new position in shares of Dream Finders Homes in the 3rd quarter worth $217,000. iSAM Funds UK Ltd acquired a new stake in shares of Dream Finders Homes during the third quarter worth $199,000. Russell Investments Group Ltd. grew its stake in shares of Dream Finders Homes by 70.8% during the third quarter. Russell Investments Group Ltd. now owns 6,452 shares of the company’s stock worth $167,000 after purchasing an additional 2,675 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in Dream Finders Homes by 39.7% in the second quarter. Osaic Holdings Inc. now owns 5,856 shares of the company’s stock valued at $147,000 after purchasing an additional 1,665 shares during the last quarter. Institutional investors own 95.55% of the company’s stock.

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.