Dream Finders Homes (NYSE:DFH) Hits New 52-Week Low – Time to Sell?

Dream Finders Homes, Inc. (NYSE:DFH)’s share price hit a new 52-week low on Wednesday . The company traded as low as $13.29 and last traded at $13.4170, with a volume of 711821 shares. The stock had previously closed at $14.53.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Citizens Jmp raised Dream Finders Homes to a “hold” rating in a research note on Wednesday, January 7th. Wall Street Zen raised Dream Finders Homes from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. Citigroup assumed coverage on Dream Finders Homes in a research note on Wednesday, January 7th. They set a “market perform” rating on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Dream Finders Homes in a research note on Tuesday, January 27th. Finally, Zacks Research lowered Dream Finders Homes from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. One equities research 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’s stock. According to data from MarketBeat, Dream Finders Homes presently has an average rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Trading Up 0.5%

The company has a market cap of $1.31 billion, a PE ratio of 6.63, a price-to-earnings-growth ratio of 1.13 and a beta of 1.94. The business has a 50 day simple moving average of $16.94 and a two-hundred day simple moving average of $19.25.

Dream Finders Homes (NYSE:DFH) last issued its earnings results on Monday, February 23rd. The company reported $999.00 earnings per share for the quarter, topping the consensus estimate of $0.62 by $998.38. The business had revenue of $1.21 billion for the quarter. Dream Finders Homes had a return on equity of 16.00% and a net margin of 5.02%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Fifth Third Bancorp raised its position in shares of Dream Finders Homes by 701.7% in the 3rd quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock worth $25,000 after buying an additional 828 shares during the period. Advisory Services Network LLC purchased a new position in shares of Dream Finders Homes in the 3rd quarter worth $39,000. Hantz Financial Services Inc. raised its position in shares of Dream Finders Homes by 154.0% in the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock worth $29,000 after buying an additional 1,015 shares during the period. Larson Financial Group LLC raised its position in shares of Dream Finders Homes by 4,853.5% in the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after buying an additional 3,446 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Dream Finders Homes by 11.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after buying an additional 402 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.