Dream Finders Homes (NASDAQ:DFH – Free Report) had its target price increased by Bank of America from $35.00 to $38.00 in a research note released on Thursday, Benzinga reports. They currently have a neutral rating on the stock.
Dream Finders Homes Trading Up 2.8 %
Shares of DFH stock opened at $38.10 on Thursday. The company has a market capitalization of $3.55 billion, a P/E ratio of 12.92, a P/E/G ratio of 0.68 and a beta of 1.89. Dream Finders Homes has a 12-month low of $18.29 and a 12-month high of $44.38. The business’s 50 day moving average is $30.74 and its two-hundred day moving average is $31.97.
Dream Finders Homes (NASDAQ:DFH – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. On average, research analysts predict that Dream Finders Homes will post 3.22 earnings per share for the current fiscal year.
Insider Transactions at Dream Finders Homes
Institutional Trading of Dream Finders Homes
A number of hedge funds have recently bought and sold shares of DFH. Naples Money Management LLC acquired a new position in shares of Dream Finders Homes during the 1st quarter worth approximately $25,000. Benjamin F. Edwards & Company Inc. boosted its stake in Dream Finders Homes by 926.9% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock worth $54,000 after buying an additional 1,103 shares during the last quarter. nVerses Capital LLC grew its holdings in Dream Finders Homes by 1,800.0% in the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $49,000 after buying an additional 1,800 shares in the last quarter. ORG Partners LLC acquired a new stake in shares of Dream Finders Homes in the 2nd quarter worth $68,000. Finally, Palouse Capital Management Inc. purchased a new position in shares of Dream Finders Homes during the 2nd quarter worth $79,000. Institutional investors and hedge funds own 95.55% of the company’s stock.
Dream Finders Homes Company Profile
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.
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