Dream Finders Homes (NASDAQ:DFH - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $1.35 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.25, Briefing.com reports. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The firm's revenue was up 35.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.00 earnings per share.
Dream Finders Homes Stock Performance
Shares of DFH traded up $0.43 on Friday, reaching $23.92. The stock had a trading volume of 556,576 shares, compared to its average volume of 479,284. Dream Finders Homes has a 12-month low of $20.54 and a 12-month high of $44.38. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 1.28 and a beta of 2.01. The company has a 50-day simple moving average of $23.05 and a 200-day simple moving average of $28.84.
Wall Street Analysts Forecast Growth
Separately, Bank of America decreased their price objective on shares of Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a report on Monday, January 27th.
Get Our Latest Stock Report on DFH
Insider Buying and Selling
In other news, CEO Patrick O. Zalupski sold 18,214 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $27.46, for a total transaction of $500,156.44. Following the sale, the chief executive officer now owns 1,956,353 shares in the company, valued at approximately $53,721,453.38. The trade was a 0.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 70.45% of the stock is owned by insiders.
About Dream Finders Homes
(
Get Free Report)
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.
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