Dream Finders Homes (NASDAQ:DFH – Get Rating) was downgraded by investment analysts at Royal Bank of Canada from a “sector perform” rating to an “underperform” rating in a research note issued on Friday, Marketbeat reports. They currently have a $8.00 price target on the stock. Royal Bank of Canada’s price target would indicate a potential downside of 21.26% from the stock’s previous close.
Dream Finders Homes Stock Performance
DFH opened at $10.16 on Friday. Dream Finders Homes has a one year low of $8.17 and a one year high of $23.09. The stock has a market capitalization of $942.44 million, a PE ratio of 4.60, a P/E/G ratio of 0.46 and a beta of 1.09. The business’s 50 day moving average price is $9.65 and its 200 day moving average price is $10.94.
Dream Finders Homes (NASDAQ:DFH – Get Rating) last released its quarterly earnings data on Thursday, November 3rd. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.06). Dream Finders Homes had a net margin of 7.54% and a return on equity of 49.28%. The business had revenue of $785.67 million during the quarter, compared to analyst estimates of $800.40 million. As a group, equities research analysts forecast that Dream Finders Homes will post 2.45 earnings per share for the current fiscal year.
Institutional Trading of Dream Finders Homes
About Dream Finders Homes
Dream Finders Homes, Inc operates as a holding company for Dream Finders Holdings LLC that engages in homebuilding business in the United States. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes in Charlotte, Raleigh, Jacksonville, Orlando, Denver, the Washington DC metropolitan area, Austin, Dallas, and Houston.
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