Welcome to our dedicated page for Dream Finders Homes news (Ticker: DFH), a resource for investors and traders seeking the latest updates and insights on Dream Finders Homes stock.
Dream Finders Homes, Inc. (DFH) delivers innovative residential solutions through strategic market segmentation and regional expertise. This news hub provides investors and industry observers with timely updates on the company's operational developments, financial milestones, and market positioning within the competitive homebuilding sector.
Track DFH's latest press releases covering earnings announcements, partnership agreements, community launches, and leadership updates. Our curated collection ensures access to verified information about their Midwest-focused operations, Southeast expansion efforts, and financial services innovations.
Key updates include construction progress reports, regulatory filings, and strategic initiatives across DFH's four operational segments. Bookmark this page for streamlined access to material developments affecting the company's position in entry-level, move-up, and active adult housing markets.
Dream Finders Homes (DFH) reported record homebuilding revenues of $1.1 billion for Q4 2022, a 29% increase year-over-year, and $3.3 billion for the full year 2022, up 74% from 2021. Net income for 2022 surged 117% to $262 million, or $2.67 per share. Home closings rose 41% to 6,878 for the year, with an average sales price (ASP) of $474,292, a 22% increase. Despite these achievements, the company noted a 32.1% cancellation rate in Q4, driven by rising mortgage rates. The backlog as of December 31, 2022, stood at 5,548 homes valued at $2.5 billion. DFH maintains a robust liquidity position of $487 million.
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