Dream Finders Homes (NASDAQ:DFH) Releases Earnings Results, Beats Expectations By $0.25 EPS

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

Dream Finders Homes Stock Down 1.3 %

Shares of NASDAQ:DFH opened at $21.03 on Tuesday. The company has a market cap of $1.97 billion, a PE ratio of 6.87, a P/E/G ratio of 1.28 and a beta of 2.01. Dream Finders Homes has a fifty-two week low of $20.54 and a fifty-two week high of $44.38. The firm has a 50-day simple moving average of $23.13 and a 200 day simple moving average of $28.93.

Insider Buying and Selling at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 18,214 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total value of $500,156.44. Following the sale, the chief executive officer now directly owns 1,956,353 shares of the company’s stock, valued at $53,721,453.38. This trade represents a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 70.45% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

Dream Finders Homes Company Profile

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.