Dream Finders Homes (NYSE:DFH) Rating Increased to Hold at Zacks Research

Key Points

• Dream Finders Homes has been upgraded from a "strong sell" to a "hold" rating by Zacks Research, indicating a more positive outlook from analysts.
• Despite the stock's recent upgrade, it has faced multiple downgrades from other brokerages, highlighting mixed ratings in the market.
• The company reported earnings of $0.56 per share for the last quarter, missing the consensus estimate, but revenue exceeded expectations at $1.15 billion.

Dream Finders Homes (NYSE:DFH - Get Free Report) was upgraded by stock analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Monday,Zacks.com reports.

Several other brokerages also recently weighed in on DFH. Zelman & Associates downgraded Dream Finders Homes from a "strong-buy" rating to a "hold" rating in a report on Friday, August 1st. Wall Street Zen lowered Dream Finders Homes from a "hold" rating to a "sell" rating in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of "Hold".

Dream Finders Homes Stock Up 0.8%

Shares of NYSE DFH traded up $0.24 during trading on Monday, reaching $28.76. The company had a trading volume of 24,939 shares, compared to its average volume of 452,761. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 9.31, a price-to-earnings-growth ratio of 5.28 and a beta of 1.90. Dream Finders Homes has a twelve month low of $19.65 and a twelve month high of $39.15.

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

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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