Dream Finders Homes, Inc. (DFH)
NYSE:DFH
Want to see DFH full AI Analyst Report?
Top Page
Dream Finders Homes
(NYSE:DFH)
Select Model
Select Model
Rating:50Neutral
Price Target:
$14.00
▼(-5.53% Downside)
Action:Reiterated
Date:05/22/26
The score is primarily held back by weakening financial quality—especially sustained negative operating/free cash flow alongside higher leverage—and bearish technical positioning below major moving averages. Valuation is only moderate at ~24x earnings with no dividend yield provided, while the proposed all-cash Beazer acquisition adds some upside optionality but also introduces added execution and balance-sheet risk.
Positive Factors
Acquisition-led, land-light model
Dream Finders' proven land-light, acquisition-driven model and history of integrating 10 prior deals indicate a durable capability to scale without heavy capital intensity. This reduces fixed asset risk, helps preserve ROE, and supports repeatable margin expansion from synergies over months.
Negative Factors
Negative operating and free cash flow
Persistent negative operating and free cash flow in the TTM period signals structural cash absorption from working capital or investment. This reduces liquidity, limits self-funding for land and community development, and increases reliance on external financing over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Acquisition-led, land-light model
Dream Finders' proven land-light, acquisition-driven model and history of integrating 10 prior deals indicate a durable capability to scale without heavy capital intensity. This reduces fixed asset risk, helps preserve ROE, and supports repeatable margin expansion from synergies over months.
Read all positive factors
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 (DFH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.34B
Dividend YieldN/A
Average Volume (3M)805.48K
Price to Earnings (P/E)24.2
Beta (1Y)1.33
Revenue Growth-8.51%
EPS Growth-49.37%
CountryUS
Employees1,686
SectorConsumer Cyclical
Sector Strength84
IndustryResidential Construction
Share Statistics
EPS (TTM)1.89
Shares Outstanding33,809,280
10 Day Avg. Volume1,202,891
30 Day Avg. Volume805,484
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 Cap2.07
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit4.00
Enterprise Value/Ebitda10.52
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)1.42
Revenue Forecast (FY)$4.33B
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 individual homebuyers. Revenue is recognized from home sales (the contracted sale price) when the home is delivered/closed to the buyer, and the company’s homebuilding revenue is driv...
Dream Finders Homes Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
58
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.22B | 4.32B | 4.45B | 3.75B | 3.34B | 1.92B |
| Gross Profit | 690.78M | 754.77M | 828.58M | 736.77M | 620.20M | 313.58M |
| EBITDA | 262.51M | 313.26M | 450.05M | 422.32M | 373.28M | 172.57M |
| Net Income | 175.55M | 217.20M | 335.34M | 295.90M | 262.31M | 122.38M |
Balance Sheet | ||||||
| Total Assets | 3.97B | 3.73B | 3.33B | 2.56B | 2.37B | 1.89B |
| Cash, Cash Equivalents and Short-Term Investments | 479.01M | 234.77M | 274.38M | 494.14M | 364.53M | 227.23M |
| Total Debt | 1.89B | 591.06M | 1.30B | 845.42M | 990.91M | 786.41M |
| Total Liabilities | 2.38B | 2.12B | 1.91B | 1.48B | 1.57B | 1.34B |
| Stockholders Equity | 1.56B | 1.57B | 1.39B | 1.07B | 787.72M | 532.30M |
Cash Flow | ||||||
| Free Cash Flow | -133.31M | -126.37M | -281.99M | 369.45M | -33.17M | 62.20M |
| Operating Cash Flow | -105.41M | -100.57M | -256.65M | 374.23M | -27.62M | 64.97M |
| Investing Cash Flow | -121.22M | -225.84M | -221.67M | -4.48M | -5.52M | -523.04M |
| Financing Cash Flow | 357.55M | 270.98M | 269.69M | -216.42M | 146.96M | 646.02M |
Dream Finders Homes Technical Analysis
Positive
14.82
Price Trends
14.28
Positive
16.46
Negative
19.91
Negative
Market Momentum
-0.23
Negative
53.06
Neutral
78.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DFH, the sentiment is Positive. The current price of 14.82 is above the 20-day moving average (MA) of 14.10, above the 50-day MA of 14.28, and below the 200-day MA of 19.91, indicating a neutral trend. The MACD of -0.23 indicates Negative momentum. The RSI at 53.06 is Neutral, neither overbought nor oversold. The STOCH value of 78.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | $2.86B | 11.48 | 16.38% | ― | -6.58% | -18.09% | |
70 Outperform | $3.32B | 11.74 | 11.42% | ― | -1.83% | -30.18% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | $1.49B | 17.15 | 5.16% | 1.99% | -7.87% | -54.59% | |
50 Neutral | $1.34B | 24.16 | 11.44% | ― | -8.51% | -49.37% | |
50 Neutral | $1.07B | 105.92 | 3.39% | ― | -22.62% | -60.74% |
* Consumer Cyclical Sector Average
DFH
Dream Finders Homes
14.59
-7.00
-32.42%
MHO
M/I Homes
129.82
23.47
22.07%
LGIH
LGI Homes
46.11
-5.39
-10.47%
CCS
Century Communities
51.95
-0.08
-0.15%
GRBK
Green Brick Partners
66.33
7.24
12.25%
Dream Finders Homes Corporate Events
Business Operations and StrategyM&A Transactions
Dream Finders Reaffirms All-Cash Bid for Beazer Homes
Positive
May 21, 2026
On May 21, 2026, Dream Finders Homes released an investor presentation reaffirming its May 5, 2026 all-cash proposal to acquire Beazer Homes USA for $25.75 per share, valuing Beazer at about $704 million, a roughly 40% premium to Beazer’s Ma...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Dream Finders Homes Proposes All-Cash Acquisition of Beazer
Positive
May 11, 2026
On May 11, 2026, Dream Finders Homes announced it had submitted a proposal to acquire all outstanding shares of Beazer Homes USA in an all-cash deal valued at approximately $704 million, offering $25.75 per share, a roughly 40% premium to Beazer&#...
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.