Dream Finders Homes Inc (NYSE:DFH) price on Friday, March 21, fall -5.22% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $23.44.
A look at the stock’s price movement, the close in the last trading session was $24.73, moving within a range at $23.2 and $24.27. The beta value (5-Year monthly) was 1.996 while the PE ratio in trailing twelve months stood at 7.31. Turning to its 52-week performance, $44.38 and $20.54 were the 52-week high and 52-week low respectively. Overall, DFH moved 6.50% over the past month.
Dream Finders Homes Inc’s market cap currently stands at around $2.19 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 922.3M for the company’s revenue for the quarter, with a low and high estimate of 922.3M and 922.3M respectively. The average forecast suggests up to a 11.42% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 4.71B, representing a 5.88% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DFH is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend DFH as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DFH’s current price about -2.99% and 0.21% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.15, while 7-day volatility ratio is 4.40% and 5.99% in the 30-day chart. Further, Dream Finders Homes Inc (DFH) has a beta value of 1.92, and an average true range (ATR) of 1.31. Analysts have given the company’s stock an average 52-week price target of $38, forecast between a low of $38 and high of $38. Looking at the price targets, the low is -62.12% off current price level while to achieve the yearly target high, price needs to move -62.12%. Nonetheless, investors will most likely welcome a -62.12% jump to $38 which is the analysts’ median price.
If we refocus on Dream Finders Homes Inc (NYSE:DFH), historical trading data shows that trading volumes averaged 0.5 over the past 10 days and 462.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 35.71 million shares.
The 69.96% of Dream Finders Homes Inc’s shares are in the hands of company insiders while institutional holders own 34.08% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.43 million on 2025-02-28, giving us a short ratio of 13.85. The data shows that as of 2025-02-28 short interest in Dream Finders Homes Inc (DFH) stood at 2719.0 of shares outstanding, with shares short rising to 6.15 million registered in 2025-01-31. Current price change has pushed the stock 0.73% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DFH stock continues to rise going into the next quarter.
