Dream Finders Homes (NYSE:DFH) Hits New 1-Year Low – Should You Sell?

Shares of Dream Finders Homes, Inc. (NYSE:DFH) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $12.58 and last traded at $12.99, with a volume of 2736033 shares trading hands. The stock had previously closed at $15.03.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Zacks Research downgraded Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research report on Friday, January 16th. Wall Street Zen downgraded Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Finally, Weiss Ratings downgraded Dream Finders Homes from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $26.00.

Dream Finders Homes Stock Down 13.6%

The stock has a market cap of $1.19 billion, a P/E ratio of 7.55, a PEG ratio of 1.54 and a beta of 1.85. The business has a 50 day moving average price of $14.77 and a 200 day moving average price of $17.64.

Dream Finders Homes (NYSE:DFH) last released its earnings results on Thursday, April 30th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). The business had revenue of $887.84 million for the quarter. Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its stake in Dream Finders Homes by 1,443.4% in the fourth quarter. SG Americas Securities LLC now owns 155,946 shares of the company’s stock worth $2,667,000 after purchasing an additional 145,842 shares in the last quarter. AlphaQuest LLC grew its stake in Dream Finders Homes by 541.5% in the third quarter. AlphaQuest LLC now owns 38,406 shares of the company’s stock worth $995,000 after purchasing an additional 32,419 shares in the last quarter. Davidson Kahn Capital Management LLC grew its stake in Dream Finders Homes by 5.6% in the fourth quarter. Davidson Kahn Capital Management LLC now owns 111,804 shares of the company’s stock worth $1,912,000 after purchasing an additional 5,938 shares in the last quarter. Elgethun Capital Management grew its stake in Dream Finders Homes by 0.8% in the third quarter. Elgethun Capital Management now owns 457,587 shares of the company’s stock worth $11,807,000 after purchasing an additional 3,475 shares in the last quarter. Finally, Rafferty Asset Management LLC grew its stake in Dream Finders Homes by 87.0% in the third quarter. Rafferty Asset Management LLC now owns 43,509 shares of the company’s stock worth $1,128,000 after purchasing an additional 20,248 shares in 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.