Dream Finders Homes (NASDAQ:DFH - Get Free Report)'s stock had its "neutral" rating reiterated by Wedbush in a research note issued on Tuesday,RTT News reports. They presently have a $26.00 price target on the stock. Wedbush's price target would suggest a potential upside of 17.59% from the company's previous close.
Separately, Bank of America cut their target price on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a research report on Monday, January 27th.
Check Out Our Latest Stock Report on Dream Finders Homes
Dream Finders Homes Price Performance
Shares of NASDAQ:DFH traded down $0.55 during mid-day trading on Tuesday, reaching $22.11. 169,129 shares of the company traded hands, compared to its average volume of 497,590. Dream Finders Homes has a 52 week low of $19.65 and a 52 week high of $39.15. The firm has a market cap of $2.07 billion, a PE ratio of 7.24, a PEG ratio of 1.28 and a beta of 1.95. The company's 50 day moving average price is $22.98 and its 200-day moving average price is $25.37.
Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. During the same quarter in the previous year, the firm earned $0.55 earnings per share. The firm's quarterly revenue was up 19.6% compared to the same quarter last year. On average, research analysts predict that Dream Finders Homes will post 3.31 earnings per share for the current fiscal year.
Insider Buying and Selling at Dream Finders Homes
In other news, CFO Lorena Anabel Ramsay sold 1,029 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total transaction of $25,200.21. Following the completion of the transaction, the chief financial officer now directly owns 184,213 shares in the company, valued at approximately $4,511,376.37. This represents a 0.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 70.45% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Dream Finders Homes
Several institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its holdings in shares of Dream Finders Homes by 93.9% in the 4th quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company's stock valued at $27,000 after acquiring an additional 568 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Dream Finders Homes by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,916 shares of the company's stock valued at $370,000 after acquiring an additional 578 shares during the period. MetLife Investment Management LLC grew its holdings in Dream Finders Homes by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 17,371 shares of the company's stock valued at $404,000 after purchasing an additional 953 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Dream Finders Homes by 4.7% during the fourth quarter. Alliancebernstein L.P. now owns 26,011 shares of the company's stock valued at $605,000 after buying an additional 1,161 shares during the period. Finally, New York State Teachers Retirement System grew its stake in shares of Dream Finders Homes by 14.6% during the first quarter. New York State Teachers Retirement System now owns 9,438 shares of the company's stock valued at $213,000 after buying an additional 1,200 shares during the last quarter. Institutional investors own 95.55% of the company's stock.
Dream Finders Homes Company Profile
(
Get Free Report)
Dream Finders Homes, Inc operates as a holding company for Dream Finders Homes LLC that engages in homebuilding business in the United States. The company operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes, as well as active adult homes and custom homes in Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, and the Washington, DC metropolitan area.
Further Reading
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