BTIG analyst Carl Reichardt maintained a Hold rating on Dream Finders Homes (DFH – Research Report) on December 28. The company’s shares closed last Friday at $35.53.
According to TipRanks, Reichardt is a 5-star analyst with an average return of 18.9% and a 64.42% success rate. Reichardt covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, PulteGroup, and Lennar.
Currently, the analyst consensus on Dream Finders Homes is a Hold with an average price target of $29.00, which is a -18.38% downside from current levels. In a report released on December 14, Bank of America Securities also maintained a Hold rating on the stock with a $29.00 price target.
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Based on Dream Finders Homes’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $895.83 million and a net profit of $76.1 million. In comparison, last year the company earned a revenue of $785.67 million and had a net profit of $69.64 million
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DFH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dream Finders Homes (DFH) Company Description:
Dream Finders Homes Inc is engaged in the home building business. It designs, builds, and sells homes in Jacksonville, Orlando, Denver, the Washington D.C. metropolitan area, and Austin. The company operates through six geographical divisions namely, Jacksonville, Orlando, Capital, Colorado, Other, and Jet Home Loans. Jacksonville division generates most of the revenue for the firm.
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