Operative Builders · SIC 1531

United Homes Group, Inc.

UHG

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Latest revenue

$90.8M

as of 2025-09-30

Latest net income

$-19.5M

as of 2025-09-30

Net margin

-21.4%

as of 2025-09-30

Price · 5Y

-34.2% / yr 48.0 pts / yr vs S&P 500 87.4% total
Compare:

Live market

delayed ≤15 min
$1.22
0.00%
Market cap
Enterprise value
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$4.78
52-wk low
$0.99
Beta
Shares out

5-year trend

What this company does

AI

United Homes Group builds and sells entry-level and move-up single-family homes across South Carolina, North Carolina, and Georgia, using a land-light model that controls 96% of its 7,200 lots via options. Revenue comes primarily from home closings, supplemented by mortgage fees through its Homeowners Mortgage joint venture. After a strategic review ended without a sale and triggered a board exodus, UHG agreed in February 2026 to be acquired by Stanley Martin Homes for $1.18 per share, taking the company private in Q2 2026.

Generated from UHG's filing dated 2026-03-13

Key risks

AI
  • Pending merger with Stanley Martin Homes at just $1.18/share cash caps upside; deal closure (Q2 2026) subject to customary closing conditions.
  • Governance upheaval: six directors (including Nikki Haley) resigned in late 2025 after strategic review concluded, signaling board-level disagreement.
  • Geographic concentration: operations heavily tied to South Carolina (Upstate, Midlands, Coastal) plus small Georgia/Raleigh presence, exposing UHG to regional housing downturns.

Generated from UHG's filing dated 2026-03-13

Profitability

Gross margin

17.6%

2.5%

Operating margin

-0.0%

100.6%

Net margin

-4.0%

139.5%

Return on equity

-28.3%

140.4%

Return on assets

-5.9%

133.2%

Leverage

Debt / equity

3.82×

28.7%

Long-term debt / equity

1.18×

17.1%

Debt / assets

79.3%

6.0%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q4 2025

2025-12-31

$123.4M-8.5%$-8.6M-1394.6%-7.0%

Q3 2025

2025-09-30

$90.8M-23.5%$-19.5M-165.1%-21.4%

Q2 2025

2025-06-30

$105.5M-3.6%$-6.3M-122.1%-6.0%

Q1 2025

2025-03-31

$87.0M-13.7%$18.2M-27.1%20.9%

Q4 2024

2024-12-31

$134.8M$667.0K0.5%

Q3 2024

2024-09-30

$118.6M+35.2%$-7.3M-104.9%-6.2%

Q2 2024

2024-06-30

$109.4M-10.4%$28.6M-29.9%26.2%

Q1 2024

2024-03-31

$100.8M$24.9M24.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Operative Builders · SIC 1531

No data yet for industry average

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Insider activity

Insider buying

$200.0K

Insider selling

$0

Net activity

+$200.0K

Distinct insiders

3

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns UHG

Institutional value

$5.5M

Total shares held

4.8M

Distinct holders

18

-9 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Fidelity National Financial, Inc.2.8M$3.2M+0 (+0.0%)No change
2Cetera Investment Advisers1.3M$1.4M+0 (+0.0%)No change
3VANGUARD CAPITAL MANAGEMENT LLC428.1K$496.6KNew
4VANGUARD FIDUCIARY TRUST CO66.2K$76.8KNew
5VELA Investment Management, LLC56.0K$65.0KNew
6ABC ARBITRAGE SA36.6K$42.4KNew
7BlackRock, Inc.27.9K$32.4K+2.2K (+8.5%)Added
8Concurrent Investment Advisors, LLC24.0K$27.9KNew
9DIVERSIFY WEALTH MANAGEMENT, LLC19.0K$22.4KNew
10UBS Group AG4.3K$5.0K-8.3K (-66.0%)Trimmed
11Vanguard Global Advisers, LLC4.2K$4.9KNew
12Hilton Head Capital Partners, LLC3.5K$4.1KNew
13BNP PARIBAS FINANCIAL MARKETS181$210-28 (-13.4%)Trimmed
14JPMORGAN CHASE & CO114$133+0 (+0.0%)No change
15STONERIDGE INVESTMENT PARTNERS LLC55.0K$64+0 (+0.0%)No change
16SBI Securities Co., Ltd.5$6-2 (-28.6%)Trimmed
17WELLS FARGO & COMPANY/MN3$3New
18CITIGROUP INC1$1New

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    With the Stanley Martin deal at just $1.18/share, what specific competing bids or valuations did the special committee reject, and why?

  2. 2

    Five directors resigned around the October strategic review conclusion—what governance disputes drove those departures and do they implicate the Merger process?

  3. 3

    Given 96% of your 7,200 lots are option-controlled, what lot deposit forfeitures or impairments have you taken as sales pace slowed?

Refreshed when UHG files a new report · last from 2026-03-13