Streetbeat News

DFH

Dream Finders Homes, Inc.

https://www.dreamfindershomes.com

Industry

Residential Construction

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 D.C. metropolitan area, Austin, Dallas, and Houston. The company also operates as a licensed home mortgage broker that underwrites, originates, and sells mortgages to Prime Lending; and provides insurance agency services, including closing, escrow, and title insurance, as well as mortgage banking solutions. It sells its homes through its sales representatives and independent real estate brokers. The company was founded in 2008 and is headquartered in Jacksonville, Florida.

Open

28.61

Mkt cap

2.6B

Volume

330K

High

28.61

P/E Ratio

9.31

52-wk high

44.38

Low

27.96

Div yield

N/A

52-wk low

23.46

Dream Finders Homes (DFH) is identified as a fast-paced momentum stock trading at a bargain, making it an attractive option for investors seeking stocks with strong recent momentum and reasonable pricing.

Portfolio Pulse from

November 08, 2024 | 3:00 pm

Dream Finders Homes reported Q3 2024 earnings that missed estimates, with GAAP EPS at $0.70 versus the expected $0.84, and sales at $1.01 billion versus the expected $1.07 billion. Despite a 10% increase in homebuilding revenues and a 5% increase in home closings, the company's gross margin and net income decreased compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:18 am

Dream Finders Homes shares are trading lower following the announcement of a definitive agreement to acquire Alliant National. The terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 1:49 pm

Alliant National has entered into a definitive agreement to be acquired by Dream Finders Homes. The terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:17 pm

Dream Finders Homes is set to acquire Alliant National Title Insurance Company, though the financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:32 pm

Hurricane Milton has significantly impacted Florida's homebuilding sector, with an estimated $1.7 billion to $2.5 billion hit. Major homebuilders like PulteGroup, Lennar, and D.R. Horton face potential delays in construction and home closings due to their exposure in affected regions. The building products sector may see a temporary spike in demand for repairs, but overall volumes are not expected to rise significantly.

Portfolio Pulse from Piero Cingari

October 14, 2024 | 4:51 pm

B of A Securities has maintained a Neutral rating on Dream Finders Homes (NYSE:DFH) while raising the price target from $35 to $38.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:21 pm

Consumer discretionary stocks are rising due to strong consumer sentiment data, robust earnings from RH, and potential interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:48 pm

Building and construction-related stocks are trading lower due to disappointing July construction spending data and overall market weakness following August's ISM Manufacturing PMI data indicating economic contraction.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 7:11 pm

Fed Chair Jerome Powell's dovish speech at the Jackson Hole Symposium sparked a rally in interest rate-sensitive ETFs, including regional banks, solar, and home builders. The SPDR S&P Regional Banking ETF (KRE), Invesco Solar ETF (TAN), and iShares Home Construction ETF (ITB) saw significant gains as markets anticipate rate cuts.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 7:39 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.