Dream Finders Homes (NYSE:DFH) Trading Up 10.5% – Still a Buy?

Dream Finders Homes, Inc. (NYSE:DFH)’s stock price was up 10.5% on Friday . The company traded as high as $14.45 and last traded at $15.0040. Approximately 51,475 shares changed hands during trading, a decline of 91% from the average daily volume of 581,492 shares. The stock had previously closed at $13.58.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DFH. Wall Street Zen raised shares of Dream Finders Homes from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. Citigroup initiated coverage on shares of Dream Finders Homes in a research report on Wednesday, January 7th. They issued a “market perform” rating on the stock. Zacks Research lowered Dream Finders Homes from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Finally, Citizens Jmp upgraded Dream Finders Homes to a “hold” rating in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dream Finders Homes presently has an average rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Trading Up 10.3%

The firm has a market capitalization of $1.38 billion, a P/E ratio of 6.96, a P/E/G ratio of 1.08 and a beta of 1.94. The stock’s 50-day simple moving average is $16.46 and its 200-day simple moving average is $18.81.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. boosted its holdings in shares of Dream Finders Homes by 105.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 128,872 shares of the company’s stock worth $2,204,000 after buying an additional 66,294 shares during the last quarter. Alpine Global Management LLC purchased a new position in Dream Finders Homes in the fourth quarter valued at about $172,000. Invesco Ltd. grew its position in shares of Dream Finders Homes by 50.0% during the 4th quarter. Invesco Ltd. now owns 447,880 shares of the company’s stock valued at $7,659,000 after acquiring an additional 149,231 shares during the period. XTX Topco Ltd increased its stake in shares of Dream Finders Homes by 216.1% during the 4th quarter. XTX Topco Ltd now owns 35,527 shares of the company’s stock worth $608,000 after purchasing an additional 24,288 shares during the last quarter. Finally, VARCOV Co. bought a new stake in shares of Dream Finders Homes in the 4th quarter worth approximately $494,000. Institutional investors own 95.55% of the company’s stock.

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.