In last trading session, Dream Finders Homes Inc. (NYSE:DFH) saw 1.31 million shares changing hands with its beta currently measuring 1.60. Company’s recent per share price level of $24.03 trading at -$1.75 or -6.79% at ring of the bell on the day assigns it a market valuation of $2.29B. That closing price of DFH’s stock is at a discount of -31.5% from its 52-week high price of $31.60 and is indicating a premium of 66.0% from its 52-week low price of $8.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.21 million shares which gives us an average trading volume of 318.58K if we extend that period to 3-months.
For Dream Finders Homes Inc. (DFH), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.6 in the current quarter.
Dream Finders Homes Inc. (NYSE:DFH) trade information
Upright in the red during last session for losing -6.79%, in the last five days DFH remained trading in the red while hitting it’s week-highest on Monday, 09/11/23 when the stock touched $24.03 price level, adding 16.99% to its value on the day. Dream Finders Homes Inc.’s shares saw a change of 177.48% in year-to-date performance and have moved -11.95% in past 5-day. Dream Finders Homes Inc. (NYSE:DFH) showed a performance of -17.82% in past 30-days. Number of shares sold short was 4.67 million shares which calculate 14.41 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $21.50 to the stock, which implies a fall of -11.77% to its current value. Analysts have been projecting $16.00 as a low price target for the stock while placing it at a high target of $27.00. It follows that stock’s current price would drop -12.36% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.42% for stock’s current value.
Dream Finders Homes Inc. (DFH) estimates and forecasts
Statistics highlight that Dream Finders Homes Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 95.68% of value to its shares in past 6 months, showing an annual growth rate of -6.53% while that of industry is -24.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to decrease by -6.30% in the current quarter and calculating -9.00% decrease in the next quarter. This year revenue growth is estimated to rise 3.10% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $872.57 million for the same. And 2 analysts are in estimates of company making revenue of $858.63 million in the next quarter that will end on Dec 2023. Company posted $850.21 million and $1.1 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 2.60% while estimating it to be -21.90% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 56.40% during past 5 years. In 2023, company’s earnings growth rate is likely to be around 88.40% while estimates for its earnings growth in next 5 years are of -5.40%.
Dream Finders Homes Inc. is more likely to be releasing its next quarterly report between November 01 and November 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.