Dream Finders Homes (NYSE:DFH) Stock Price Down 6.5% – Here’s Why

Dream Finders Homes, Inc. (NYSE:DFH)’s stock price fell 6.5% during mid-day trading on Wednesday . The stock traded as low as $17.95 and last traded at $17.95. 61,293 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 439,050 shares. The stock had previously closed at $19.20.

Analysts Set New Price Targets

DFH has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. Zacks Research lowered shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Wall Street Zen upgraded Dream Finders Homes from a “sell” rating to a “hold” rating in a research note on Friday, November 28th. Citizens Jmp raised Dream Finders Homes to a “hold” rating in a research report on Wednesday, January 7th. Finally, BTIG Research upgraded Dream Finders Homes to a “hold” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Dream Finders Homes Trading Down 1.8%

The company has a market cap of $1.68 billion, a P/E ratio of 8.41, a P/E/G ratio of 1.47 and a beta of 1.86. The company’s 50-day moving average price is $18.96 and its two-hundred day moving average price is $22.03.

Dream Finders Homes (NYSE:DFH) last posted its quarterly earnings results on Monday, February 23rd. The company reported $999.00 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $998.38. The business had revenue of $1.21 billion during the quarter. Dream Finders Homes had a return on equity of 16.00% and a net margin of 5.02%.

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.