Dream Finders Homes, Inc. (NYSE:DFH) Stock Rated "Hold" by Sell-Side Analysts

Key Points

• Analysts rate Dream Finders Homes “Hold”: Of six covering firms, two recommend selling, three rate it a hold, and one gives it a strong buy. Weiss Ratings separately maintained a “sell (d+)” rating.
• Insider and institutional ownership is significant: Director Richard Beckwitt purchased 10,000 shares at $12.07 each, while insiders own 65.97% and institutional investors hold 95.55% of the stock.
• Shares have declined sharply: DFH opened at $9.39, near its 52-week low of $9.14 and well below its 52-week high of $24.66. The company recently reported quarterly EPS of $0.27 on $1.06 billion in revenue.

Dream Finders Homes, Inc. (NYSE:DFH - Get Free Report) has been assigned a consensus rating of "Hold" from the six ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company.

Separately, Weiss Ratings reiterated a "sell (d+)" rating on shares of Dream Finders Homes in a research report on Friday, August 7th.

Insider Activity

In other news, Director Richard Beckwitt bought 10,000 shares of the firm's stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average cost of $12.07 per share, with a total value of $120,700.00. Following the transaction, the director directly owned 100,000 shares in the company, valued at $1,207,000. This trade represents a 11.11% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders bought 103,000 shares of company stock valued at $1,427,755. 65.97% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Dream Finders Homes

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in shares of Dream Finders Homes during the first quarter worth approximately $54,000. Versant Capital Management Inc increased its holdings in shares of Dream Finders Homes by 59.4% in the 2nd quarter. Versant Capital Management Inc now owns 5,135 shares of the company's stock valued at $89,000 after acquiring an additional 1,913 shares during the period. Fifth Third Bancorp increased its holdings in shares of Dream Finders Homes by 1,878.0% in the 1st quarter. Fifth Third Bancorp now owns 9,534 shares of the company's stock valued at $133,000 after acquiring an additional 9,052 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Dream Finders Homes in the 1st quarter valued at $150,000. Finally, Alpine Global Management LLC acquired a new position in shares of Dream Finders Homes in the 4th quarter valued at $172,000. Hedge funds and other institutional investors own 95.55% of the company's stock.

Dream Finders Homes Price Performance

Shares of DFH opened at $9.39 on Friday. Dream Finders Homes has a 1-year low of $9.14 and a 1-year high of $24.66. The stock has a market cap of $851.86 million, a PE ratio of 6.57 and a beta of 1.91. The firm has a fifty day moving average price of $12.91 and a 200 day moving average price of $14.19.

Dream Finders Homes (NYSE:DFH - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.27 earnings per share (EPS) for the quarter. The company had revenue of $1.06 billion during the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%.

Dream Finders Homes Company Profile

Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company offers a range of home plans and options intended for first-time, move-up and luxury buyers, with homes typically sold through a build-to-order model as well as from completed inventory. Its operations also include the development and acquisition of residential lots for use in its homebuilding activities.

Founded in 2008, Dream Finders Homes has expanded through organic growth and acquisitions into multiple housing markets across the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.