We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Dream Finders Homes (DFH) Stock Outpacing Its Construction Peers This Year?
Read MoreHide Full Article
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Dream Finders Homes Inc. (DFH - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.
Dream Finders Homes Inc. is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Dream Finders Homes Inc. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for DFH's full-year earnings has moved 2.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, DFH has gained about 5.4% so far this year. Meanwhile, the Construction sector has returned an average of -2.1% on a year-to-date basis. This means that Dream Finders Homes Inc. is performing better than its sector in terms of year-to-date returns.
One other Construction stock that has outperformed the sector so far this year is Granite Construction (GVA - Free Report) . The stock is up 2.5% year-to-date.
In Granite Construction's case, the consensus EPS estimate for the current year increased 8.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Dream Finders Homes Inc. belongs to the Building Products - Home Builders industry, which includes 17 individual stocks and currently sits at #220 in the Zacks Industry Rank. This group has lost an average of 12% so far this year, so DFH is performing better in this area.
Granite Construction, however, belongs to the Building Products - Heavy Construction industry. Currently, this 10-stock industry is ranked #3. The industry has moved +3.7% so far this year.
Going forward, investors interested in Construction stocks should continue to pay close attention to Dream Finders Homes Inc. and Granite Construction as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Dream Finders Homes (DFH) Stock Outpacing Its Construction Peers This Year?
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Dream Finders Homes Inc. (DFH - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.
Dream Finders Homes Inc. is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Dream Finders Homes Inc. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for DFH's full-year earnings has moved 2.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, DFH has gained about 5.4% so far this year. Meanwhile, the Construction sector has returned an average of -2.1% on a year-to-date basis. This means that Dream Finders Homes Inc. is performing better than its sector in terms of year-to-date returns.
One other Construction stock that has outperformed the sector so far this year is Granite Construction (GVA - Free Report) . The stock is up 2.5% year-to-date.
In Granite Construction's case, the consensus EPS estimate for the current year increased 8.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Dream Finders Homes Inc. belongs to the Building Products - Home Builders industry, which includes 17 individual stocks and currently sits at #220 in the Zacks Industry Rank. This group has lost an average of 12% so far this year, so DFH is performing better in this area.
Granite Construction, however, belongs to the Building Products - Heavy Construction industry. Currently, this 10-stock industry is ranked #3. The industry has moved +3.7% so far this year.
Going forward, investors interested in Construction stocks should continue to pay close attention to Dream Finders Homes Inc. and Granite Construction as they could maintain their solid performance.