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United Homes Group, Inc - $UHG STOCK NEWS

Welcome to our dedicated page for United Homes Group news (Ticker: $UHG), a resource for investors and traders seeking the latest updates and insights on United Homes Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United Homes Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United Homes Group's position in the market.

News
United Homes Group to Release First Quarter 2024 Results on Friday, May 10, 2024
Rhea-AI Summary

United Homes Group (NASDAQ: UHG) will release its first quarter 2024 results on May 10, 2024. A conference call will be held on the same day to discuss the results. Interested parties can access the call via phone or webcast.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
earnings
-
News
United Homes Group, Inc. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
United Homes Group, Inc. (UHG) reported fourth-quarter and fiscal year 2023 results. In Q4 2023, 387 homes closed, generating $116.8 million in revenue. ASP of production-built homes rose to $320,000. Net new home orders increased to 294. The company acquired Rosewood Communities and Creekside Custom Homes to expand its presence. For the fiscal year, 1,383 homes closed, leading to $421.5 million in revenue. UHG saw a net loss of $66.6 million in Q4 2023 due to changes in fair value of derivative liabilities. Adjusted book value was $90.7 million as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.58%
Tags
earnings
-
News
United Homes Group to Release Fourth Quarter and Full Year 2023 Results on Thursday, March 14, 2023
Rhea-AI Summary
United Homes Group (NASDAQ: UHG) to Release Q4 and Full Year 2023 Results on March 14, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
earnings
News
United Homes Group Announces Acquisition of Homebuilding Business of Creekside Custom Homes
Rhea-AI Summary
United Homes Group, Inc. (UHG) has announced the acquisition of the homebuilding business and assets of Creekside Custom Homes, LLC, a home builder and land developer in the Coastal region of South Carolina. The acquisition nearly doubles UHG's presence in the Myrtle Beach market and aligns with their land-light strategy. The owner of Creekside will stay on as the Coastal Division Land Manager of UHG's associated land developer, and the Creekside team will join Great Southern Homes' Coastal division. This acquisition follows previous strategic acquisitions in the region, positioning UHG for accelerated growth in the Coastal South Carolina market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
Tags
acquisition
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News
United Homes Group, Inc. Reports 2023 Third Quarter Results
Rhea-AI Summary
NASDAQ: UHG - United Homes Group, Inc. announces third quarter 2023 results with 283 homes closed, $87.7 million revenue, 272 net new home orders, and expansion into new markets. Net income was $150.8 million, with adjusted book value of $93.3 million. CEO Michael Nieri highlights 55% net new order growth and improved profit margins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
earnings
-
News
United Homes Group to Release Third Quarter 2023 Results on Friday, November 10, 2023
Rhea-AI Summary
United Homes Group (NASDAQ: UHG) will release its Q3 2023 results on November 10, 2023, followed by a conference call and Q&A session. Interested parties can access the call via webcast or dial-in numbers provided on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.72%
Tags
earnings
News
United Homes Group Announces Acquisition of Rosewood Communities
Rhea-AI Summary
United Homes Group, Inc. has acquired Rosewood Communities, a home builder in South Carolina. The acquisition will allow UHG to expand its footprint in the growing Upstate area and diversify its product offering. UHG plans to use Rosewood's innovative home designs in other markets as well. Prices for Rosewood's homes range from $450,000 to over $1,000,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
acquisition
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News
United Homes Group Announces New Raleigh, NC Division
Rhea-AI Summary
United Homes Group, Inc. is opening a new division in Raleigh, NC, led by Brian Herring. The division will operate under the Great Southern Homes brand and focus on building homes for entry-level and first-time move-up buyers. Raleigh is a high-growth market with significant migration and a healthy job market. The new division provides UHG with a strategic foothold in the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.73%
Tags
none
-
News
United Homes Group, Inc. Reports 2023 Second Quarter Results
Rhea-AI Summary
United Homes Group, Inc. (NASDAQ: UHG) announced Q2 2023 results with an increase in average sale price of production-built homes to $313,000, resulting in $122.1 million of revenues. The company closed 385 homes and had 341 net new home orders. Backlog value was $94.2 million, and the active community count was 53. Total liquidity was $178.7 million, and a new credit facility for $240 million was closed, increasing liquidity by $90 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.5%
Tags
earnings
News
United Homes Group to Release Second Quarter 2023 Results on August 10, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
Stock UHG logo
United Homes Group, Inc

Nasdaq:UHG

UHG Rankings

#3365 Ranked by Market Cap
#4186 Ranked by Stock Gains
N/A Ranked by Dividends

UHG Stock Data

324.57M
4.21M
34.31%
39.75%
1.39%
New Single-Family Housing Construction (except For-Sale Builders)
Construction
Link
United States of America
CHAPIN

About UHG

united home group was established in 2011 in portland, oregon. since then we have expanded into 13 states across the u.s. in its’ inaugural year, the group sold over 100 homes out of a single location. as we’ve grown we have increased the number of clients helped every year by leaps and bounds. last year alone we closed 486 units! united home group’s proven models and systems, leadership team, and exceptional partners who focus on personal and professional growth, provide the platform and environment for unprecedented and sustainable success.