Dream Finders Homes, Inc. (NASDAQ:DFH) Given Average Recommendation of “Hold” by Brokerages

Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) have been assigned an average rating of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $26.00.

A number of research analysts have recently commented on the stock. BTIG Research initiated coverage on shares of Dream Finders Homes in a research report on Monday, December 1st. They set a “neutral” rating for the company. Bank of America lowered their price objective on Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. Citigroup started coverage on shares of Dream Finders Homes in a research note on Wednesday. They set a “market perform” rating on the stock. Citizens Jmp assumed coverage on shares of Dream Finders Homes in a report on Wednesday. They set a “market perform” rating for the company. Finally, Zelman & Associates raised shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 12th.

Institutional Trading of Dream Finders Homes

Hedge funds have recently modified their holdings of the stock. Marshall Wace LLP acquired a new position in Dream Finders Homes in the second quarter valued at about $12,388,000. Cooke & Bieler LP raised its holdings in Dream Finders Homes by 12.9% in the second quarter. Cooke & Bieler LP now owns 2,459,600 shares of the company’s stock worth $61,810,000 after purchasing an additional 280,510 shares during the period. Elgethun Capital Management grew its holdings in shares of Dream Finders Homes by 145.3% in the 2nd quarter. Elgethun Capital Management now owns 454,112 shares of the company’s stock valued at $11,412,000 after buying an additional 269,024 shares during the period. Millennium Management LLC raised its stake in Dream Finders Homes by 1,029.5% during the 3rd quarter. Millennium Management LLC now owns 127,331 shares of the company’s stock worth $3,300,000 after buying an additional 116,058 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Dream Finders Homes by 8.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,137,490 shares of the company’s stock worth $29,485,000 after acquiring an additional 88,060 shares in the last quarter. 95.55% of the stock is owned by institutional investors.

Dream Finders Homes Stock Up 1.8%

Shares of DFH stock opened at $17.46 on Wednesday. Dream Finders Homes has a 12 month low of $16.59 and a 12 month high of $31.50. The firm has a market cap of $1.62 billion, a PE ratio of 5.71, a price-to-earnings-growth ratio of 1.28 and a beta of 1.86. The stock has a 50 day moving average of $18.72 and a 200-day moving average of $23.78.

Dream Finders Homes Company Profile

Dream Finders Homes is a residential homebuilder specializing in the design, development and construction of single-family and multifamily communities across the United States. Through its in-house Design Studio, the company offers a range of home collections that blend architectural styles with customizable floor plans, allowing buyers to tailor finishes and features to suit their lifestyle preferences. In addition to core construction services, Dream Finders provides integrated mortgage and title services, streamlining the homebuying process for its clients.

Founded in 2007 and headquartered in St.