Dream Finders Homes Inc. (NASDAQ: DFH) is -32.08% lower on its value in year-to-date trading and has touched a low of $9.60 and a high of $24.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DFH stock was last observed hovering at around $12.93 in the last trading session, with the day’s gains setting it 0.28% off its average median price target of $12.00 for the next 12 months. It is also 17.44% off the consensus price target high of $16.00 offered by 4 analysts, but current levels are -25.81% lower than the price target low of $10.50 for the same period.
Currently trading at $13.21, the stock is 8.67% and -3.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 90981.0 and changing 2.17% at the moment leaves the stock -22.46% off its SMA200. DFH registered -37.04% loss for a year compared to 6-month loss of -24.86%.
The stock witnessed a 24.98% gain in the last 1 month and extending the period to 3 months gives it a -24.30%, and is 0.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.14% over the week and 4.59% over the month.
Dream Finders Homes Inc. (DFH) has around 1212 employees, a market worth around $1.21B and $2.24B in sales. Current P/E ratio is 9.29 and Fwd P/E is 4.50. Profit margin for the company is 6.30%. Distance from 52-week low is 37.60% and -46.95% from its 52-week high. The company has generated returns on investments over the last 12 months (11.80%).
Dream Finders Homes Inc. (DFH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Dream Finders Homes Inc. (DFH) is a “Hold”. 4 analysts offering their recommendations for the stock have an average rating of 3.20, where 3 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Dream Finders Homes Inc. is expected to release its quarterly report on 11/09/2022.The EPS is expected to grow by 49.80% this year.
Dream Finders Homes Inc. (DFH) Top Institutional Holders
The shares outstanding are 92.76M, and float is at 21.31M with Short Float at 17.12%.
Dream Finders Homes Inc. (DFH) Insider Activity
A total of 9 insider transactions have happened at Dream Finders Homes Inc. (DFH) in the last six months, with sales accounting for 0 and purchases happening 9 times. The most recent transaction is an insider sale by BOSTON OMAHA Corp,the company’s10% Owner. SEC filings show that BOSTON OMAHA Corp sold 335,000 shares of the company’s common stock on Sep 30 at a price of $17.35 per share for a total of $5.81 million. Following the sale, the insider now owns 2.87 million shares.
Dream Finders Homes Inc. disclosed in a document filed with the SEC on Sep 29 that BOSTON OMAHA Corp (10% Owner) sold a total of 900,000 shares of the company’s common stock. The trade occurred on Sep 29 and was made at $17.32 per share for $15.59 million. Following the transaction, the insider now directly holds 3.2 million shares of the DFH stock.
Still, SEC filings show that on Sep 17, BOSTON OMAHA Corp (10% Owner) disposed off 171,975 shares at an average price of $19.43 for $3.34 million. The insider now directly holds 4,103,037 shares of Dream Finders Homes Inc. (DFH).
Dream Finders Homes Inc. (DFH): Who are the competitors?
The company’s main competitors (and peers) include D.R. Horton Inc. (DHI) that is trading -14.22% down over the past 12 months. Lennar Corporation (LEN) is -15.56% down on the 1-year trading charts.