Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate United Homes Group Inc before investing.

In this article, we go over a few key elements for understanding United Homes Group Inc’s stock price such as:

• United Homes Group Inc’s current stock price and volume
• Why United Homes Group Inc’s stock price changed recently
• Upgrades and downgrades for UHG from analysts
• UHG’s stock price momentum as measured by its relative strength

About United Homes Group Inc (UHG)

Before we jump into United Homes Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

United Homes Group, Inc. is a residential builder. The Company designs, builds and sells homes in high growth markets, including South Carolina, North Carolina, and Georgia. It has 63 active communities. UHG principally builds detached single-family houses, and, to a lesser extent, attached single-family houses, including duplex houses and town houses. The Company operates through two segments: South Carolina and Other. South Carolina segment consists primarily of the Company’s homebuilding operations in South Carolina and a small amount of operations in Georgia. Other segment consists of homebuilding operations in Raleigh, NC, as well as the Company’s mortgage banking joint venture. It leases local offices in Myrtle Beach, South Carolina, Mauldin, South Carolina and Raleigh, North Carolina. The Company has delivered approximately 14,000 homes.

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United Homes Group Inc’s Stock Price as of Market Close

As of September 26, 2024, 4:00 PM, CST, United Homes Group Inc’s stock price was $6.16.

United Homes Group Inc is up 10.59% from its previous closing price of $5.57.

During the last market session, United Homes Group Inc’s stock traded between $5.42 and $6.09. Currently, there are 48.37 million shares of United Homes Group Inc stock available for purchase.

United Homes Group Inc’s price-earnings (P/E) ratio is currently at 3.1, which is low compared to the Homebuilding industry median of 10.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

United Homes Group Inc Stock Price History

United Homes Group Inc’s (UHG) price is currently up 1.15% so far this month.

During the month of September, United Homes Group Inc’s stock price has reached a high of $6.58 and a low of $5.10.

Over the last year, United Homes Group Inc has hit prices as high as $9.48 and as low as $4.79. Year to date, United Homes Group Inc’s stock is down 38.71%.

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What Caused United Homes Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 25, 2024, there were analysts who downgraded United Homes Group Inc’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate United Homes Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on United Homes Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

United Homes Group Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about United Homes Group Inc (UHG) by visiting AAII Stock Evaluator.

Relative Price Strength of United Homes Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 25, 2024, United Homes Group Inc has a weighted four-quarter relative price strength of -9.86%, which translates to a Momentum Score of 31 and is considered to be Weak.

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United Homes Group Inc Stock Price: Bottom Line

As of September 26, 2024, United Homes Group Inc’s stock price is $6.16, which is up 10.59% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like United Homes Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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