DFH

Dream Finders Homes, Inc.

$26.12

-0.72

(-2.68%)

Exchange:	NYSE
Market Cap:	2.444B
Shares Outstanding:	92.521M

Overview

Earnings

Financials

Valuation

Chart

About The Company

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.

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Revenue Segmentation

EPS

View full analyst estimates

Earnings Call

No transcript or summary available for this symbol.

Income Statement

Balance Sheet

Cash Flow Statement

Analyst Estimates

Income Statement

(* All numbers are in thousands)

	2018	2019	2020	2021	2022	2023	2024
? Revenue	522,258.473	744,292.323	1,133,806.607	1,923,910	3,342,335	3,748,586	4,451,606
? Cost Of Revenue	454,402.820	641,340.496	962,927.606	1,610,332	2,722,139	3,011,813	3,623,023
? Gross Profit	67,855.653	102,951.827	170,879.001	313,578	620,196	736,773	828,583
? Research And Development Expenses	0	0	0	0	0	0	0
? General And Administrative Expenses	0	0	0	0	0	0	0
? Selling And Marketing Expenses	0	0	0	0	0	0	0
? Operating Expenses	43,545.254	58,733.781	90,791.259	154,405	271,040	308,795	395,751
? Net Interest Income	0	0	0	0	0	0	0
? Interest Income	0	0	0	0	0	0	0
? Interest Expense	682.152	221.449	870.868	672	32	27,312	0
? Depreciation And Amortization	4,102.609	13,171	12,764.801	9,851.010	17,091	17,896	17,215
? EBITDA	28,046.131	61,683.020	98,149.097	163,657	367,241	445,874	450,047
? EBIT
? Operating Income	24,310.399	45,090.581	77,413.420	153,805.990	350,150	427,978	432,832
? Income Before Tax	23,261.369	44,897.784	84,513.427	162,048	356,156	404,425	437,854
? Income Tax Expense	-366.878	16,598.319	3,616.518	27,455	81,859	96,483	97,272
? Net Income From Continuing Operations
? Net Income	17,322.354	29,393.449	79,093	122,377	262,313	295,900	335,341
? EPS (Earnings Per Share)	0.190	0.340	0.850	1.260	2.670	3.030	3.590
? EPS Diluted	0.190	0.340	0.850	1.260	2.320	2.660	3.340
? Weighted Average Shares Outstanding	92,521.482	92,521.482	92,521.482	92,521.482	92,745.781	93,066.564	93,507.905
? Weighted Average Shares Outstanding Diluted	92,521.482	92,521.482	92,521.482	92,521.482	106,691.248	106,027.548	100,297.139
	USD	USD	USD	USD	USD	USD	USD

Balance Sheet

(* All numbers are in thousands)

	2018	2019	2020	2021	2022	2023	2024
? Cash And Cash Equivalents	19,809.055	44,007.245	35,495.595	227,227	364,531	494,145	274,384
? Short Term Investments	0	0	0	0	0	54,311	0
? Cash And Short Term Investments	19,809.055	44,007.245	35,495.595	227,227	364,531	548,456	274,384
? Net Receivables	0	0	0	33,482	43,490	30,874	34,126
? Accounts Receivables
? Inventory	293,723.233	364,067.030	484,371.113	1,066,662	1,378,185	1,440,249	1,715,357
? Total Current Assets	330,355.841	432,795.444	569,582.261	1,381,466	1,816,805	2,019,579	2,392,701
? Property Plant Equipment Net	33,412.082	44,037.486	18,864.110	267,694	308,679	27,323	501,792
? Goodwill	0	12,208.783	28,566.232	171,927	172,207	172,207	300,313
? Intangible Assets	13,231.456	24,447.707	2,660.003	9,140	4,999	0	0
? Long Term Investments	6,255.080	8,354.212	4,545.349	15,967	14,008	15,364	11,454
? Total Non Current Assets	45,089.770	82,124.006	164,097.980	512,782	554,332	542,860	935,950
? Total Assets	375,445.611	514,919.450	733,680.241	1,894,248	2,371,137	2,562,439	3,328,651
? Account Payables	31,890.528	37,752.306	37,418.693	113,498	134,702	134,115	147,143
? Short Term Debt	163,213.181	217,667.344	289,878.716	763,292	966,248	530,384	313,197
? Deferred Revenue	11,769.017	20,203.750	59,392.135	177,685	145,654	172,574	125,601
? Total Current Liabilities	255,164.068	318,032.913	394,698.464	1,190,551	1,430,655	1,044,462	585,941
? Long Term Debt	28,847.818	29,926.552	44,408.904	23,117.389	24,661	315,032	18,148
? Deferred Revenue Non Current	11,769.017	20,203.750	59,392.135	-588.719	-8,167	0	0
? Deferred Tax Liabilities Non Current	0	54,313.662	76,231.451	588.719	8,167	0	0
? Total Non Current Liabilities	58,258.095	109,912.702	203,190.014	302,534	295,834	974,106	1,322,350
? Total Liabilities	313,422.163	427,945.615	597,888.478	1,493,085	1,726,489	1,476,289	1,908,291
? Treasury Stock
? Preferred Stock	0	0	76,231.451	155,219.576	156,045	148,500	148,500
? Common Stock	33,093.591	56,502.464	103,852.646	925	927	931	937
? Retained Earnings	0	0	0	118,194	365,994	648,412	970,253
? Additional Paid In Capital
? Total Stockholders Equity	33,093.591	56,502.464	103,852.646	377,082	631,678	1,073,084	1,244,922
? Total Equity	62,023.448	86,973.835	135,791.763	401,163	644,648	1,086,150	1,271,860
? Minority Interest	28,929.857	30,471.371	31,939.117	24,081	12,970	13,066	26,938
? Total Liabilities And Total Equity	375,445.611	514,919.450	733,680.241	1,894,248	2,371,137	2,562,439	3,328,651
? Total Investments	6,255.080	8,354.212	4,545.349	15,967	14,008	15,364	11,454
? Total Debt	192,060.999	247,593.896	334,287.620	783,257	990,909	845,416	313,197
? Net Debt	172,251.944	203,586.651	298,792.025	556,030	626,378	351,271	38,813
	USD	USD	USD	USD	USD	USD	USD

Cash Flow Statement

(* All numbers are in thousands)

	2018	2019	2020	2021	2022	2023	2024
? Net Income	23,261.369	44,897.784	84,513.427	134,593.818	274,297	307,942	340,582
? Depreciation And Amortization	3,947.561	6,024.261	7,853.035	9,851.010	17,091	17,896	17,215
? Deferred Income Tax	-3,650.040	-114.894	-2,797.734	-945.534	-294	-22,345	-14,124
? Stock Based Compensation	895.610	895	947	5,233	6,796	14,098	18,788
? Change In Working Capital	-30,049.530	-26,237.805	1,354.513	-96,837.727	-337,950	23,726	-595,418
? Accounts Receivables	0	0	-12,227	-20,421,568	-11,850	12,616	-2,634
? Inventory	-66,493.984	-30,902.010	23,512.992	-80,195.985	-311,523	-31,572	-148,019
? Accounts Payables	48,263.881	0	6,197.891	63,360,881	65,748	22,750	41,629
? Net Cash Provided By Operating Activities	-2,510.042	23,838.602	95,339.347	65,108.989	-27,623	374,234	-256,648
? Investments In Property Plant And Equipment	-10,161.587	-2,892.130	-2,924.040	-2,774.372	-5,545	-4,781	-25,345
? Acquisitions Net	-1,754.399	-15,019.286	-10,344.611	-520,776.645	-131	0	-178,123
? Purchases Of Investments	-5,300.372	0	-89.767	-1,979.813	-300	0	0
? Sales Maturities Of Investments	3,545.973	0	6,578.525	668.139	449	0	0
? Net Cash Provided By Investing Activities	0	0	0	0	0	0	0
? Net Debt Issuance	0	0	0	0	0	0	0
? Long Term Net Debt Issuance	0	0	0	0	0	0	0
? Short Term Net Debt Issuance	0	0	0	0	0	0	0
? Net Stock Issuance	0	0	0	0	0	0	0
? Net Dividends Paid	-11,711.313	-8,298.586	-17,257	-23,289.322	-13,688	-13,238	-13,500
? Common Dividends Paid
? Preferred Dividends Paid	0	0	0	0	0	0	0
? Net Cash Provided By Financing Activities	-2,420.726	26,077.223	-65,829.880	645,882.386	146,955	-216,424	269,689
? Effect Of Forex Changes On Cash	0	0	0	0	0	0	0
? Net Change In Cash	-2,301.238	32,095.806	16,482.734	187,948.526	113,808	153,326	-208,631
? Cash At End Of Period	36,632.608	68,728.414	85,211.148	281,321.858	395,130	548,456	339,825
? Cash At Beginning Of Period	38,933.846	36,632.608	68,728.414	93,373.332	281,322	395,130	548,456
? Operating Cash Flow	-2,510.042	23,838.602	95,339.347	65,108.989	-27,623	374,234	-256,648
? Capital Expenditure	-10,161.587	-2,892.130	-2,924.040	-2,774.372	-5,545	-4,781	-25,345
? Free Cash Flow	-12,671.629	20,946.472	92,415.307	62,334.617	-33,168	369,453	-281,993
	USD	USD	USD	USD	USD	USD	USD

Analyst Estimates

(* All numbers are in thousands)

Fiscal Year	2022	2023	2024	2025	2026
Estimated Revenue (Low)	3,218,012.606	3,505,599.866	4,283,033.740	4,300,463.311	5,198,500
Estimated Revenue (High)	3,401,114.801	3,505,599.866	4,283,033.740	4,300,463.311	5,198,500
Estimated Revenue (Avg)	3,309,563.705	3,505,599.866	4,283,033.740	4,300,463.311	5,198,500
Estimated Ebitda (Low)	311,069.621	351,645.755	429,629.932	431,378.288	521,460.100
Estimated Ebitda (High)	328,769.219	351,645.755	429,629.932	431,378.288	521,460.100
Estimated Ebitda (Avg)	319,919.420	351,645.755	429,629.932	431,378.288	521,460.100
Estimated Net Income (Low)	246,881.967	250,760.903	321,928.745	296,821.362	354,048.904
Estimated Net Income (High)	265,301.072	259,935.082	327,818.193	345,430.370	354,048.904
Estimated Net Income (Avg)	256,091.519	255,347.993	324,873.469	340,800	354,048.904
Estimated SGA Expense (Low)	259,187.732	289,353.934	353,523.708	354,962.354	429,086.743
Estimated SGA Expense (High)	273,935.295	289,353.934	353,523.708	354,962.354	429,086.743
Estimated SGA Expense (Avg)	266,561.514	289,353.934	353,523.708	354,962.354	429,086.743
Estimated EPS (Avg)	2.420	2.550	3.240	3.210	3.530
Estimated EPS (High)	2.500	2.590	3.270	3.440	3.530
Estimated EPS (Low)	2.330	2.500	3.210	2.960	3.530
Number of Analysts (Estimated Revenue)	1	2	1	1	1
Number of Analysts (Estimated EPS)	1	2	2	1	1

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Current Key Metrics

?	Revenue (TTM) :	4.452B	?	P/S (TTM) :	0.51
?	Net Income (TTM) :	335.341M	?	P/E (TTM) :	7.05
?	Enterprise Value (TTM) :	3.567B	?	EV/FCF (TTM) :	-44.44
?	Dividend Yield (TTM) :	0	?	Payout Ratio (TTM) :	0.04
?	ROE (TTM) :	0.25	?	ROIC (TTM) :	0.07
?	Net Debt (TTM) :	964.375M	?	Debt/Equity (TTM) :	1.04
?	P/B (TTM) :	1.64	?	Current Ratio (TTM) :	1.49

Forward P/E Ratios

?

Forward P/E calculated based on:

Forward P/E 1Y	Forward P/E 2Y	Forward P/E 3Y	Forward P/E 4Y	Forward P/E 5Y
10.79	10.24	8.06	8.14	7.40

SWOT Analysis

No SWOT analysis available for this stock.

DFH

-2.68

4.61

23.32

22.57

12.68

4.94

24.68

Trading Metrics:

Open:	26.63	Previous Close:	26.84
Day Low:	25.83	Day High:	27.42
Year Low:	19.65	Year High:	39.15
Price Avg 50:	22.85	Price Avg 200:	26.18
Volume:	425310	Average Volume:	462353