Dream Finders Homes (DFH)
NYSE:DFH
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Dream Finders Homes
(NYSE:DFH)
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Rating:55Neutral
Price Target:
$13.50
▼(-2.81% Downside)
Action:ReiteratedDate:03/28/26
DFH scores mid-range: the biggest offsetting forces are weak recent operating/cash-flow performance (declining revenue, sharp margin compression, and negative operating/free cash flow) versus a meaningfully improved balance sheet and low valuation (P/E 7.33). Technicals further weigh on the score given a strong downtrend below key moving averages and negative MACD, despite oversold RSI/Stoch readings.
Positive Factors
Improved balance sheet / lower leverage
A materially reduced debt-to-equity ratio and larger equity base strengthen financial flexibility and lower refinancing risk. This improved capital structure lets the builder fund community development, absorb cyclical sales gaps, and pursue opportunistic land or lot strategies without overreliance on external debt.
Negative Factors
Negative operating and free cash flow
Consecutive negative operating and free cash flow materially weaken liquidity and financial flexibility. Persistent cash burn forces reliance on external financing or equity, constrains funding for lot purchases or community buildouts, and raises execution risk during prolonged housing slowdowns.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved balance sheet / lower leverage
A materially reduced debt-to-equity ratio and larger equity base strengthen financial flexibility and lower refinancing risk. This improved capital structure lets the builder fund community development, absorb cyclical sales gaps, and pursue opportunistic land or lot strategies without overreliance on external debt.
Read all positive factors
Dream Finders Homes (DFH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.31B
Dividend YieldN/A
Average Volume (3M)754.13K
Price to Earnings (P/E)7.3
Beta (1Y)1.41
Revenue Growth15.95%
EPS Growth-6.86%
CountryUS
Employees1,686
SectorConsumer Cyclical
Sector Strength84
IndustryResidential Construction
Share Statistics
EPS (TTM)0.58
Shares Outstanding34,083,244
10 Day Avg. Volume553,433
30 Day Avg. Volume754,134
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)1.01
Price to Sales (P/S)0.37
P/FCF Ratio-12.60
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue0.38
Enterprise Value/Gross Profit2.18
Enterprise Value/Ebitda5.16
Forecast
1Y Price Target
$22.00Price Target Upside58.39% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)1.73
Revenue Forecast (FY)$4.22B
Dream Finders Homes Business Overview & Revenue Model
Company Description
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 ...
How the Company Makes Money
DFH primarily makes money by selling newly constructed homes to homebuyers. Its largest revenue stream is homebuilding revenue recognized at the time a home sale closes, which reflects the contracted sales price of the home (often including select...
Dream Finders Homes Key Performance Indicators (KPIs)
Any
Revenue by Geography
Breaks down revenue across different regions, revealing where the company is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Breaks down revenue across different regions, revealing where the company is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Data provided by:
The Fly
The FlyDream Finders Homes Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
76
Positive
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.32B | 4.45B | 3.75B | 3.34B | 1.92B |
| Gross Profit | 754.77M | 828.58M | 736.77M | 620.20M | 313.58M |
| EBITDA | 313.26M | 450.05M | 422.32M | 373.28M | 172.57M |
| Net Income | 217.20M | 335.34M | 295.90M | 262.31M | 122.38M |
Balance Sheet | |||||
| Total Assets | 3.73B | 3.33B | 2.56B | 2.37B | 1.89B |
| Cash, Cash Equivalents and Short-Term Investments | 234.77M | 274.38M | 494.14M | 364.53M | 227.23M |
| Total Debt | 591.06M | 1.30B | 845.42M | 990.91M | 786.41M |
| Total Liabilities | 2.12B | 1.91B | 1.48B | 1.57B | 1.34B |
| Stockholders Equity | 1.57B | 1.39B | 1.07B | 787.72M | 532.30M |
Cash Flow | |||||
| Free Cash Flow | -126.37M | -281.99M | 369.45M | -33.17M | 62.20M |
| Operating Cash Flow | -100.57M | -256.65M | 374.23M | -27.62M | 64.97M |
| Investing Cash Flow | -225.84M | -221.67M | -4.48M | -5.52M | -523.04M |
| Financing Cash Flow | 270.98M | 269.69M | -216.42M | 146.96M | 646.02M |
Dream Finders Homes Technical Analysis
Negative
13.89
Price Trends
16.88
Negative
17.79
Negative
21.74
Negative
Market Momentum
-0.77
Negative
39.80
Neutral
51.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DFH, the sentiment is Negative. The current price of 13.89 is below the 20-day moving average (MA) of 14.23, below the 50-day MA of 16.88, and below the 200-day MA of 21.74, indicating a bearish trend. The MACD of -0.77 indicates Negative momentum. The RSI at 39.80 is Neutral, neither overbought nor oversold. The STOCH value of 51.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DFH.
Dream Finders Homes Risk Analysis
Dream Finders Homes disclosed 55 risk factors in its most recent earnings report. Dream Finders Homes reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Dream Finders Homes Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $2.90B | 8.76 | 17.70% | ― | 6.62% | -1.90% | |
71 Outperform | $3.20B | 8.49 | 12.99% | ― | 4.77% | -9.30% | |
71 Outperform | $3.99B | 11.14 | 7.29% | ― | -16.60% | -29.85% | |
63 Neutral | $1.73B | 12.06 | 8.37% | 1.99% | -6.28% | -31.55% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | $1.31B | 7.33 | 14.44% | ― | 15.95% | -6.86% | |
48 Neutral | $941.52M | 13.73 | 3.51% | ― | -20.62% | -45.74% |
* Consumer Cyclical Sector Average
DFH
Dream Finders Homes
13.89
-7.74
-35.78%
MHO
M/I Homes
124.12
17.60
16.52%
TPH
Tri Pointe
46.82
17.58
60.12%
LGIH
LGI Homes
39.75
-16.93
-29.87%
CCS
Century Communities
59.64
1.55
2.66%
GRBK
Green Brick Partners
67.28
11.50
20.62%
Dream Finders Homes Corporate Events
Financial DisclosuresRegulatory Filings and Compliance
Dream Finders Homes Releases 2024 Annual Shareholder Letter
Neutral
Dec 30, 2025
On December 29, 2025, Dream Finders Homes released its 2024 Annual Shareholder Letter, authored by President, CEO and Chairman Patrick Zalupski, and made it available on the company’s investor relations website. The letter’s publicatio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.