Dream Finders Homes Inc. (DFH) concluded trading on 01/18/23 at a closing price of $10.44, with 0.3 million shares of worth about $3.18 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.67% during that period and on Wednesday the price saw a gain of about 0.68%. Currently the company’s common shares owned by public are about 92.76M shares, out of which, 21.62M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 4 analysts are covering the DFH stock and their offered price forecasts bring an average price target of $10.67. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $12.00 and could fall to a lowest price of $8.00. The stock’s current price level is 2.16% above of average price target set by the analysts, while a rise to estimated low would result in loss of -30.5% for the stock. However, touching the estimated high of $12.00 would mean a gain of 13.0% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 10 times over the past 12 months. They bought 167,059 shares in 10 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Dream Finders Homes Inc. (NYSE: DFH) started trading at $10.50, above $0.13 from concluding price of the previous day. However, the stock later moved at a day high price of 11.24, or with a gain of 0.68%. Stock saw a price change of 5.45% in past 5 days and over the past one month there was a price change of 10.95%. Year-to-date (YTD), DFH shares are showing a performance of 20.55% which decreased to -47.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.17 but also hit the highest price of $23.09 during that period. The average intraday trading volume for Dream Finders Homes Inc. shares is 169.99K. The stock is currently trading 9.40% above its 20-day simple moving average (SMA20), while that difference is up 7.35% for SMA50 and it goes to -16.46% lower than SMA200.
Dream Finders Homes Inc. (NYSE: DFH) currently have 92.76M outstanding shares and institutions hold larger chunk of about 61.00% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $981.78M. PE ratio of stock for trailing 12 months is 5.07, while it has posted earnings per share of $2.06 in the same period. Its PEG reads 0.13 while making debt-to-equity ratio of 1.79. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DFH, volatility over the week remained 6.29% while standing at 5.72% over the month.
Analysts are in expectations that Dream Finders Homes Inc. (DFH) stock would likely to be making an EPS of $0.69 in the current quarter, while forecast for next quarter EPS is $0.85 and it is $2.4 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.62 which is $0.78 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.2 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 49.80% while it is estimated to decrease by -41.53% in next year.
Analysts at 4 brokerage firms have issued recommendations for the Dream Finders Homes Inc. (DFH)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 4 Wall Street analysts, 0 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on January 13, 2023 offering an Underperform rating for the stock and assigned a target price of $8 to it. Coverage by BofA Securities stated Dream Finders Homes Inc. (DFH) stock as a Neutral in their note to investors on August 25, 2022, suggesting a price target of $12 for the stock. On June 17, 2022, BofA Securities Downgrade their recommendations, while on November 08, 2021, BofA Securities Resumed their ratings for the stock with a price target of $18. Stock get a Neutral rating from Wedbush on February 18, 2021.
