Dream Finders Homes (NYSE:DFH) Hits New 12-Month Low - Should You Sell?

Key Points

• Shares of Dream Finders Homes (DFH) hit a new 52-week low of $13.29 on Wednesday and were trading down roughly 7.7% with last trade near $13.42.
• Analysts' consensus rating is a Hold with an average price target of $26.00, reflecting a mix of 1 Strong Buy, 6 Holds and 1 Sell.
• The company reported an anomalous Q4 EPS of $999.00 (vs. $0.62 est) on $1.21 billion in revenue; valuation metrics show a low P/E of 6.24 and institutional ownership of 95.55%.

Shares of Dream Finders Homes, Inc. (NYSE:DFH - Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $13.29 and last traded at $13.4170, with a volume of 711821 shares trading hands. The stock had previously closed at $14.53.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Citigroup assumed coverage on Dream Finders Homes in a research report on Wednesday, January 7th. They issued a "market perform" rating for the company. Zacks Research downgraded Dream Finders Homes from a "hold" rating to a "strong sell" rating in a research report on Friday, January 16th. Wall Street Zen upgraded Dream Finders Homes from a "sell" rating to a "hold" rating in a research report on Saturday, March 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of Dream Finders Homes in a research report on Tuesday, January 27th. Finally, Citizens Jmp upgraded Dream Finders Homes to a "hold" rating in a research 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. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $26.00.

Dream Finders Homes Stock Down 7.7%

The company has a market cap of $1.23 billion, a P/E ratio of 6.24, a P/E/G ratio of 1.12 and a beta of 1.94. The business has a fifty day moving average of $17.11 and a 200 day moving average of $19.32.

Dream Finders Homes (NYSE:DFH - Get Free Report) last announced its earnings results on Monday, February 23rd. The company reported $999.00 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $998.38. The company had revenue of $1.21 billion during the quarter. Dream Finders Homes had a return on equity of 16.00% and a net margin of 5.02%.

Hedge Funds Weigh In On Dream Finders Homes

A number of hedge funds and other institutional investors have recently made changes to their positions in DFH. Cooke & Bieler LP grew its stake in Dream Finders Homes by 0.7% in the fourth quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company's stock worth $42,529,000 after purchasing an additional 16,946 shares during the period. State Street Corp grew its stake in Dream Finders Homes by 0.4% in the fourth quarter. State Street Corp now owns 1,545,418 shares of the company's stock worth $26,427,000 after purchasing an additional 6,032 shares during the period. Dimensional Fund Advisors LP grew its stake in Dream Finders Homes by 6.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,214,409 shares of the company's stock worth $20,767,000 after purchasing an additional 76,919 shares during the period. Goldman Sachs Group Inc. grew its stake in Dream Finders Homes by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company's stock worth $11,728,000 after purchasing an additional 41,117 shares during the period. Finally, Elgethun Capital Management grew its stake in Dream Finders Homes by 8.2% in the fourth quarter. Elgethun Capital Management now owns 495,037 shares of the company's stock worth $8,465,000 after purchasing an additional 37,450 shares during the period. Institutional investors own 95.55% of the company's stock.

About Dream Finders Homes

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.

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