Analysts Set Dream Finders Homes, Inc. (NYSE:DFH) PT at $26.00

Dream Finders Homes, Inc. (NYSE:DFH) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage 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.

Insiders Place Their Bets

In other Dream Finders Homes news, Director Richard Beckwitt acquired 12,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average price of $14.80 per share, for a total transaction of $177,600.00. Following the completion of the purchase, the director directly owned 90,000 shares in the company, valued at $1,332,000. The trade was a 15.38% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders have bought a total of 91,500 shares of company stock worth $1,286,850 in the last quarter. 69.12% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of Dream Finders Homes during the third quarter worth about $39,000. Hantz Financial Services Inc. lifted its position in Dream Finders Homes by 154.0% in 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 last quarter. Larson Financial Group LLC boosted its stake in Dream Finders Homes by 4,853.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock valued at $91,000 after purchasing an additional 3,446 shares during the period. Russell Investments Group Ltd. boosted its stake in Dream Finders Homes by 11.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock valued at $95,000 after purchasing an additional 402 shares during the period. Finally, State of Wyoming bought a new position in Dream Finders Homes in the 1st quarter worth about $54,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Stock Up 2.3%

DFH opened at $14.70 on Friday. Dream Finders Homes has a 52-week low of $12.20 and a 52-week high of $31.50. The company has a 50 day moving average of $15.33 and a two-hundred day moving average of $15.48. The company has a market cap of $1.33 billion, a P/E ratio of 10.28 and a beta of 1.88.

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

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.