UG

United Homes Group

UHG
NASDAQConsumer Discretionary
$1.17
USD
-0.01(-0.85%)
At close: Apr 30, 20:00 UTC
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Open

$1.18

Prev. Close

$1.18

High

$1.18

Low

$1.18

Market Snapshot

Market Cap

$69.4M

P/E Ratio

-4.3

EPS

0.96

Revenue

$463.71M

Employees

195

Why UHG moved

United Homes Group's stock dropped 74% as a securities fraud lawsuit against CEO Michael Nieri and executives prompts investors to join before the June 2026 deadline.

About

United Homes Group, Inc. engages in the designing, building, and selling of homes principally in South Carolina, with a smaller presence in Georgia. The company is headquartered in Chapin, South Carolina and currently employs 195 full-time employees. The company went IPO on 2021-01-26. The firm designs, builds and sells homes in high-growth markets, including South Carolina, North Carolina, and Georgia. The firm principally builds detached single-family houses, and, to a lesser extent, attached single-family houses, including duplex houses and town houses. Its segments include GSH South Carolina, Rosewood, and Other. GSH South Carolina segment consists primarily of the Company’s homebuilding operations in South Carolina and a small number of operations in Georgia. Rosewood segment consists of the Company’s operations focused on delivering second and third move-up homes in the South Carolina. Other segment consists of homebuilding operations in Raleigh and mortgage operations conducted through a mortgage banking joint venture, Homeowners Mortgage, LLC. The company leases local offices in Myrtle Beach, South Carolina, Mauldin, South Carolina and Raleigh, North Carolina. The company has delivered approximately 15,000 homes.

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