Dream Finders Homes (NYSE:DFH) Trading Down 9.4% – What’s Next?

Dream Finders Homes, Inc. (NYSE:DFH)’s stock price fell 9.4% on Tuesday . The company traded as low as $13.55 and last traded at $13.6240. 214,002 shares changed hands during trading, a decline of 65% from the average session volume of 607,325 shares. The stock had previously closed at $15.03.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Zacks Research cut shares of Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. Weiss Ratings lowered Dream Finders Homes from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Price Performance

The company has a market cap of $1.17 billion, a PE ratio of 7.35, a price-to-earnings-growth ratio of 1.47 and a beta of 1.85. The business has a 50 day moving average of $14.87 and a 200 day moving average of $17.71.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%. The company had revenue of $887.84 million for the quarter. Sell-side analysts forecast that Dream Finders Homes, Inc. will post 1.59 EPS for the current fiscal year.

Institutional Trading of Dream Finders Homes

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp grew its holdings in shares of Dream Finders Homes by 701.7% during the 3rd quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock worth $25,000 after acquiring an additional 828 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Dream Finders Homes by 154.0% during the fourth 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 in the last quarter. Advisory Services Network LLC purchased a new stake in Dream Finders Homes in the third quarter worth $39,000. Larson Financial Group LLC grew its stake in Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after purchasing an additional 3,446 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in Dream Finders Homes by 11.9% in the second quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after purchasing an additional 402 shares in the last quarter. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Dream Finders Homes Company Profile

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.