Dream Finders Homes' (DFH) Hold (C+) Rating Reaffirmed at Weiss Ratings

Key Points

• Dream Finders Homes (DFH) received a "hold (C+)" rating reaffirmed by Weiss Ratings, reflecting ongoing caution in investor sentiment.
• The company's stock has experienced a decline, trading down 1.4% to $24.24, with analysts recently adjusting their ratings, including a downgrade to "sell" and "strong sell" from other firms.
• In its latest financial report, Dream Finders Homes missed earnings expectations, posting $0.56 per share compared to the anticipated $0.65, although it did exceed revenue estimates with $1.15 billion for the quarter.

Dream Finders Homes (NYSE:DFH - Get Free Report)'s stock had its "hold (c+)" rating restated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

DFH has been the subject of a number of other research reports. Wall Street Zen cut shares of Dream Finders Homes from a "hold" rating to a "sell" rating in a research note on Monday, July 21st. Zelman & Associates cut shares of Dream Finders Homes from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 1st. Finally, Zacks Research cut shares of Dream Finders Homes from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 16th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce".

Dream Finders Homes Trading Down 1.4%

Dream Finders Homes stock traded down $0.34 during midday trading on Wednesday, reaching $24.24. 324,990 shares of the stock were exchanged, compared to its average volume of 295,392. The firm has a fifty day simple moving average of $27.38. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 7.84, a PEG ratio of 6.68 and a beta of 1.87. Dream Finders Homes has a 52 week low of $19.65 and a 52 week high of $35.71.

Dream Finders Homes (NYSE:DFH - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.09). The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.02 billion. Dream Finders Homes had a return on equity of 24.91% and a net margin of 6.61%.

About Dream Finders Homes

Dream Finders Homes, Inc operates as a holding company for Dream Finders Holdings LLC that engages in homebuilding business in the United States. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes in Charlotte, Raleigh, Jacksonville, Orlando, Denver, the Washington DC metropolitan area, Austin, Dallas, and Houston.

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