Dream Finders Homes, Inc. (DFH) – What Are Researchers Thinking About This Stock?

Dream Finders Homes, Inc. (NYSE:DFH) has received an average rating of “Reduce” from the five research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

A number of equities analysts recently issued reports on DFH shares. Weiss Ratings cut Dream Finders Homes from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, November 4th. Wall Street Zen lowered Dream Finders Homes from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 7th.

Insider Buying and Selling

In other Dream Finders Homes news, Director Richard Beckwitt bought 10,000 shares of the stock in a transaction on Thursday, September 10th. The shares were bought at an average price of $12.07 per share, with a total value of $120,700.00. Following the purchase, the director directly owned 100,000 shares in the company, valued at $1,207,000. The trade was a 11.11% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders bought 14,000 shares of company stock worth $173,545. Company insiders own 65.97% of the company’s stock.

Hedge Funds Weigh In On Dream Finders Homes

Large investors have recently made changes to their positions in the business. Public Sector Pension Investment Board raised its holdings in shares of Dream Finders Homes by 73.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 165,145 shares of the company’s stock valued at $1,767,000 after purchasing an additional 69,944 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Dream Finders Homes by 33.7% in the third quarter. Russell Investments Group Ltd. now owns 46,735 shares of the company’s stock valued at $500,000 after purchasing an additional 11,777 shares during the period. Fulcrum Asset Management LLP grew its position in shares of Dream Finders Homes by 16,803.0% in the third quarter. Fulcrum Asset Management LLP now owns 11,156 shares of the company’s stock valued at $123,000 after purchasing an additional 11,090 shares during the last quarter. Integrity Alliance LLC. bought a new position in shares of Dream Finders Homes in the third quarter worth about $466,000. Finally, Pinnacle Wealth Planning Services Inc. increased its stake in shares of Dream Finders Homes by 193.1% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 3,101 shares of the company’s stock worth $33,000 after purchasing an additional 2,043 shares during the period. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

Shares of DFH opened at $11.98 on Thursday. Dream Finders Homes has a 12-month low of $7.30 and a 12-month high of $21.55. The business’s fifty day moving average price is $10.96 and its 200 day moving average price is $14.47. The stock has a market capitalization of $1.09 billion, a PE ratio of 10.06 and a beta of 2.02.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.22 EPS for the quarter. Dream Finders Homes had a net margin of 2.56% and a return on equity of 8.87%. The company had revenue of $996.05 million for the quarter.

Dream Finders Homes Company Profile

Dream Finders Homes, Inc. is a homebuilding company that designs, builds and sells single-family homes and townhomes. Its offerings include homes in a range of styles and price points, with options that allow buyers to personalize features and finishes. Founded in 2008 and headquartered in Jacksonville, Florida, the company serves homebuyers in markets across the Southeast and Mid-Atlantic, as well as select markets in other regions. It operates under the Dream Finders Homes brand and other regional homebuilding brands.