Dream Finders Homes (NASDAQ:DFH) Announces Quarterly Earnings Results

Dream Finders Homes (NASDAQ:DFH) issued its earnings results on Tuesday. The company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.25, Briefing.com reports. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the company posted $1.00 EPS. Dream Finders Homes’s revenue was up 35.2% on a year-over-year basis.

Dream Finders Homes Stock Down 1.3 %

Dream Finders Homes stock opened at $21.03 on Tuesday. The firm has a market cap of $1.97 billion, a P/E ratio of 6.87, a P/E/G ratio of 1.28 and a beta of 2.01. The business has a fifty day moving average of $23.13 and a two-hundred day moving average of $28.93. Dream Finders Homes has a twelve month low of $20.54 and a twelve month high of $44.38.

Analysts Set New Price Targets

Separately, Bank of America decreased their price objective on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

Insider Activity

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 18,119 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $33.26, for a total transaction of $602,637.94. Following the completion of the sale, the chief executive officer now directly owns 2,003,125 shares of the company’s stock, valued at approximately $66,623,937.50. This represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 70.45% of the company’s stock.

About Dream Finders Homes

Dream Finders Homes, Inc operates as a holding company for Dream Finders Homes LLC that engages in homebuilding business in the United States. The company operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes, as well as active adult homes and custom homes in Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, and the Washington, DC metropolitan area.