United Homes Group Inc.

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United Homes Group Inc. (UHG) Price Performance

United Homes Group Inc. (UHG) trades on United States in USD. The company is classified in the Consumer Cyclical sector under the Residential Construction industry. The stock currently trades at $1.17, up 0.86% from the previous close.

Over the past year, UHG has traded between a low of $1.03 and a high of $4.49. The stock has lost 62.7% over this period. It is currently 73.9% below its 52-week high.

United Homes Group Inc. has a market capitalization of $68.24M.

About United Homes Group Inc.

United Homes Group Inc. is a publicly traded residential builder. United Homes Group, Inc. focuses on southeastern markets with active communities in South Carolina, North Carolina and Georgia. The Company employs a land-light operating strategy with a focus on the design, construction and sale of entry-level, first, second and third move-up single-family houses. The Company principally builds detached single-family houses, and, to a lesser extent, attached single-family houses, including duplex houses and town houses. The Company seeks to operate its homebuilding business in high-growth markets, with substantial in-migrations and employment growth. Under its land-light lot operating strategy, the Company controls its supply of finished building lots through lot option contracts with third parties, related parties, and land bank partners, which provide the Company with the right to purchase finished lots after they have been developed. This land-light operating strategy provides the Company with the ability to amass a pipeline of lots without the risks associated with acquiring and developing raw land. As the Company reviews potential geographic markets into which it could expand its homebuilding business, it intends to focus on selecting markets with positive population and employment growth trends, favorable migration patterns, attractive housing affordability, low state and local income taxes, and desirable lifestyle and weather characteristics. United Homes Group Inc. is headquartered in Columbia, South Carolina.