United Homes Group (UHG) Scheduled to Post Quarterly Earnings on Thursday

United Homes Group (NASDAQ:UHG) will be announcing its earnings results before the market opens on Thursday, August 8th. Investors that are interested in registering for the company’s conference call can do so using this link.

United Homes Group (NASDAQ:UHG) last released its earnings results on Friday, May 10th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $100.84 million for the quarter. United Homes Group had a negative return on equity of 295.76% and a net margin of 82.93%.

United Homes Group Stock Up 1.6 %

Shares of UHG traded up $0.09 during trading hours on Tuesday, hitting $5.69. 7,964 shares of the company were exchanged, compared to its average volume of 22,580. The company has a market cap of $275.23 million, a price-to-earnings ratio of 0.99 and a beta of 0.59. United Homes Group has a fifty-two week low of $4.79 and a fifty-two week high of $11.21. The firm’s fifty day moving average is $6.01 and its 200 day moving average is $6.56.

Insider Buying and Selling

In other United Homes Group news, major shareholder Patrick Michael Nieri acquired 133,320 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The stock was acquired at an average cost of $5.00 per share, for a total transaction of $666,600.00. Following the transaction, the insider now directly owns 133,320 shares in the company, valued at $666,600. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, VP Pennington W. Nieri acquired 133,360 shares of the stock in a transaction dated Monday, June 10th. The stock was bought at an average cost of $5.00 per share, for a total transaction of $666,800.00. Following the completion of the transaction, the vice president now directly owns 133,360 shares of the company’s stock, valued at $666,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Patrick Michael Nieri acquired 133,320 shares of the stock in a transaction dated Monday, June 10th. The shares were bought at an average price of $5.00 per share, with a total value of $666,600.00. Following the completion of the transaction, the insider now directly owns 133,320 shares of the company’s stock, valued at $666,600. The disclosure for this purchase can be found here. Insiders acquired a total of 2,302,496 shares of company stock worth $11,512,480 in the last ninety days. 85.30% of the stock is owned by insiders.

United Homes Group Company Profile

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.