Tearsheet

United Homes (UHG)


Market Price (4/15/2026): $1.19 | Market Cap: $70.0 Mil
Sector: Consumer Discretionary | Industry: Homebuilding

United Homes (UHG)


Market Price (4/15/2026): $1.19
Market Cap: $70.0 Mil
Sector: Consumer Discretionary
Industry: Homebuilding

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71%

Megatrend and thematic drivers
Megatrends include Housing & Community Development. Themes include Residential Construction, Suburban & Exurban Growth, and Affordable Housing Solutions.

Weak multi-year price returns
2Y Excs Rtn is -117%, 3Y Excs Rtn is -160%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -29,000, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 0.0%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 177%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.6%, Rev Chg QQuarterly Revenue Change % is -8.5%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.3%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -28%

High stock price volatility
Vol 12M is 117%

Key risks
UHG key risks include [1] a mass leadership exodus and board turmoil due to conflict with its controlling chairman, Show more.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71%
1 Megatrend and thematic drivers
Megatrends include Housing & Community Development. Themes include Residential Construction, Suburban & Exurban Growth, and Affordable Housing Solutions.
2 Weak multi-year price returns
2Y Excs Rtn is -117%, 3Y Excs Rtn is -160%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -29,000, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 0.0%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 177%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.6%, Rev Chg QQuarterly Revenue Change % is -8.5%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.3%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -28%
8 High stock price volatility
Vol 12M is 117%
9 Key risks
UHG key risks include [1] a mass leadership exodus and board turmoil due to conflict with its controlling chairman, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

United Homes (UHG) stock has lost about 25% since 12/31/2025 because of the following key factors:

1. Take-Private Merger Agreement at a Significant Discount.

On February 23, 2026, United Homes Group (UHG) announced it had entered a definitive agreement to be acquired by Stanley Martin Homes, LLC for $1.18 per share in an all-cash transaction. This acquisition price represented an over 50% discount to UHG's closing stock price of $2.38 on the last trading day preceding the announcement.

2. Weak Fourth Quarter and Full Year 2025 Financial Performance.

United Homes Group reported a net loss of $16.3 million for the full year 2025, a substantial decline from a net income of $46.9 million in 2024. Full-year 2025 revenue also decreased by 12% to $406.7 million from $463.7 million in the prior year. In the fourth quarter of 2025, home closings decreased by 9% year-over-year to 375, and net new orders declined by 14% to 303.

Show more

Stock Movement Drivers

Fundamental Drivers

The -24.4% change in UHG stock from 12/31/2025 to 4/14/2026 was primarily driven by a -22.2% change in the company's P/S Multiple.
(LTM values as of)123120254142026Change
Stock Price ($)1.561.18-24.4%
Change Contribution By: 
Total Revenues ($ Mil)418407-2.7%
P/S Multiple0.20.2-22.2%
Shares Outstanding (Mil)59590.0%
Cumulative Contribution-24.4%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/14/2026
ReturnCorrelation
UHG-24.4% 
Market (SPY)-5.4%17.7%
Sector (XLY)-2.5%21.3%

Fundamental Drivers

The -71.4% change in UHG stock from 9/30/2025 to 4/14/2026 was primarily driven by a -68.6% change in the company's P/S Multiple.
(LTM values as of)93020254142026Change
Stock Price ($)4.131.18-71.4%
Change Contribution By: 
Total Revenues ($ Mil)446407-8.8%
P/S Multiple0.50.2-68.6%
Shares Outstanding (Mil)5959-0.4%
Cumulative Contribution-71.4%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/14/2026
ReturnCorrelation
UHG-71.4% 
Market (SPY)-2.9%7.9%
Sector (XLY)-2.6%10.0%

Fundamental Drivers

The -57.9% change in UHG stock from 3/31/2025 to 4/14/2026 was primarily driven by a -44.3% change in the company's P/S Multiple.
(LTM values as of)33120254142026Change
Stock Price ($)2.801.18-57.9%
Change Contribution By: 
Total Revenues ($ Mil)464407-12.3%
P/S Multiple0.30.2-44.3%
Shares Outstanding (Mil)5159-13.7%
Cumulative Contribution-57.9%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/14/2026
ReturnCorrelation
UHG-57.9% 
Market (SPY)16.3%13.6%
Sector (XLY)18.6%12.7%

Fundamental Drivers

The -94.3% change in UHG stock from 3/31/2023 to 4/14/2026 was primarily driven by a -36.1% change in the company's Shares Outstanding (Mil).
(LTM values as of)33120234142026Change
Stock Price ($)20.801.18-94.3%
Change Contribution By: 
Total Revenues ($ Mil)4070.0%
P/S Multiple0.20.0%
Shares Outstanding (Mil)3859-36.1%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/14/2026
ReturnCorrelation
UHG-94.3% 
Market (SPY)63.3%18.3%
Sector (XLY)59.3%17.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
UHG Return-0%3%-16%-50%-63%-25%-88%
Peers Return48%-21%82%-0%-7%-3%92%
S&P 500 Return27%-19%24%23%16%-0%81%

Monthly Win Rates [3]
UHG Win Rate60%75%67%42%33%50% 
Peers Win Rate73%42%60%58%42%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
UHG Max Drawdown-1%-0%-48%-52%-76%-26% 
Peers Max Drawdown-4%-42%-0%-7%-19%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: DHI, LEN, PHM, NVR, MTH.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/14/2026 (YTD)

How Low Can It Go

Unique KeyEventUHGS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-74.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven297.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to DHI, LEN, PHM, NVR, MTH

In The Past

United Homes's stock fell -74.9% during the 2022 Inflation Shock from a high on 3/31/2023. A -74.9% loss requires a 297.7% gain to breakeven.

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About United Homes (UHG)

United Homes Group, Inc. operates as a homebuilder in the Southeast that provides affordable homes for the entry-level and first move-up buyer segments. United Homes Group, Inc. is based in Irmo, South Carolina.

AI Analysis | Feedback

Here are 1-3 brief analogies for United Homes Group (UHG):

  • A regional D.R. Horton
  • The IKEA for starter homes

AI Analysis | Feedback

  • Residential Homes: Construction and sale of affordable single-family homes and townhomes targeted at entry-level and first move-up homebuyers.

AI Analysis | Feedback

United Homes Group, Inc. (UHG) sells primarily to individuals. Based on its business description, it serves the following customer categories:

  • Entry-Level Buyers: Individuals or families purchasing their first home, typically seeking affordability and value.
  • First Move-Up Buyers: Individuals or families who already own a home but are looking to upgrade to a larger or different home, often driven by life changes such as growing families or increased income.

AI Analysis | Feedback

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John G. (Jack) Micenko, Jr. - Chief Executive Officer and President

Mr. Micenko has over 20 years of experience in residential real estate and mortgage finance. Prior to joining United Homes Group, he was a Managing Director at BTIG LLC, where he led the firm's Housing Ecosystem investment banking practice. He was instrumental in United Homes Group's transition to a public company and previously held roles at Susquehanna International Group LLP, Lehman Brothers, and Friedman Billings and Ramsey.

Keith Feldman - Chief Financial Officer

Mr. Feldman previously served as the Chief Financial Officer and Treasurer of NorthStar Realty Europe Corp. (NYSE: NRE), a NYSE-listed REIT focused on European commercial real estate properties. He was also the Chief Financial Officer of DiamondHead Holdings Corporation (DHHC) prior to its business combination with Great Southern Homes, which created United Homes Group. His career includes various roles in capital markets, corporate finance, and investor relations at companies such as Colony Capital, NorthStar Realty Finance Corp., Goldman Sachs, J.P. Morgan, Chase, and KPMG LLP. Mr. Feldman is a CPA and CFA.

Michael Nieri - Executive Chairman

Mr. Nieri founded Great Southern Homes, Inc. (GSH) in June 2004, serving as its President and Chairman. He led the company prior to its business combination with DiamondHead Holdings Corporation (DHHC) that formed United Homes Group in 2023, taking the company public. He has dedicated his career to building over 15,000 affordably priced homes in high-growth markets across the Southeast, with Great Southern Homes growing significantly in South Carolina and Georgia. Early ownership of Great Southern Homes was founder-controlled, relying on founder capital and bank/project financing for growth.

Jeremy Pyle - Co-Chief Operating Officer

Mr. Pyle was previously United Homes Group's co-Executive Vice President of Construction Services, overseeing and directing all construction activities. He has been a key member of the management team, working for Great Southern Homes in various construction roles since 2005.

Shelton Twine - Co-Chief Operating Officer

Mr. Twine oversees day-to-day operations and the strategic vision for United Homes Group. He was a key member of the management team of Great Southern Homes (GSH) and its affiliated entities for 20 years, holding various positions including Chief Operating Officer and Vice-President. He is a licensed real estate broker.

AI Analysis | Feedback

The key risks to United Homes Group, Inc. (UHG) primarily revolve around its pending acquisition, recent governance turmoil, and general exposure to housing market fluctuations.

  1. Risk of Take-Private Transaction and Shareholder Litigation: United Homes Group, Inc. has agreed to be acquired by Stanley Martin Homes, LLC in a take-private deal for $1.18 per share, a price significantly lower than its previous trading levels. This transaction, expected to close in Q2 2026, has prompted investigations by several law firms into potential breaches of fiduciary duties by UHG's board of directors and possible federal securities law violations. Shareholders could pursue legal action regarding the fairness of the deal price and the circumstances surrounding the transaction.
  2. Governance and Leadership Instability: In October 2025, UHG experienced significant internal turmoil with the mass resignation of six board members. These resignations stemmed from disputes with the Executive Chairman, Michael Nieri, who refused requests to step down and forgo further compensation after a strategic review process. This leadership crisis led to a substantial drop in the company's stock price and raised concerns about its ability to maintain a functioning board and avoid Nasdaq compliance breaches.
  3. Adverse Housing Market Conditions: As a homebuilder, United Homes Group is highly susceptible to risks associated with the broader housing market. The company faced challenges from industry headwinds such as high interest rates, inflation, and declining housing activity, which contributed to weaker financial results in 2025, including a decrease in revenue, a drop in home closings, and a net loss.

AI Analysis | Feedback

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AI Analysis | Feedback

United Homes Group (UHG) operates in the residential construction market within the Southeast region of the United States, primarily focusing on affordable homes for entry-level and first move-up buyer segments. The addressable market for residential construction in the Southeast U.S. is substantial. In 2026, the overall U.S. residential construction market is estimated to be USD 1.41 trillion. The Southeast region accounted for 41.12% of the U.S. residential construction market share in 2025. Based on these figures, the estimated market size for residential construction in the Southeast U.S. is approximately USD 579.88 billion in 2026. UHG's main products and services cater to entry-level and first move-up homebuyers. The affordable tier of the residential real estate market is identified as the fastest-growing price band, with a projected compound annual growth rate (CAGR) of 2.22% through 2031. This growth is driven by builders adapting to reach price points below USD 350,000 in various markets. United Homes Group's average sales price in Q2 2025 was approximately $349,000, which is below the national median new home sales price of $402,000, underscoring its focus on these segments. Entry-level and first move-up buyers represent a significant portion of UHG's business, accounting for approximately 80% to 92% of their closings and revenue in recent years. The region also experiences significant population growth and in-migration, further fueling demand for housing, particularly in the segments UHG targets.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for United Homes Group, Inc. (UHG) over the next 2-3 years:
  1. Expansion of Community Count and Geographic Footprint: United Homes Group has demonstrated a strategy of expanding its presence, as evidenced by its acquisition of Creekside Custom Homes in the Myrtle Beach market in fiscal year 2024. The company's significant lot pipeline, which consisted of approximately 7,200 lots owned or controlled as of December 31, 2025, positions it for future community development and growth in its Southeastern markets. This ongoing expansion in the number of active communities is a key driver for increasing the volume of homes available for sale.
  2. Increased Home Deliveries and Net New Orders: A primary driver of revenue growth for a homebuilder is an increase in the number of homes delivered and a robust backlog of net new orders. While there have been fluctuations, UHG reported a 19% year-over-year increase in net new orders in the fourth quarter of 2024. An emphasis on converting its substantial lot pipeline into new home starts and subsequently into completed sales will directly contribute to revenue.
  3. Growth in Average Sales Price (ASP): United Homes Group has shown a trend of increasing its average sale price for production-built homes, with ASP rising to approximately $324,000 in Q4 2024 and further to approximately $329,000 in Q4 2025. Continued increases in ASP, driven by market demand or product enhancements, will directly translate to higher revenue per home sold.
  4. Improved Product Mix and Optimized Home Designs: The company has highlighted the introduction of refreshed home designs, which have resulted in gross margins approximately 300 basis points higher than legacy products. This focus on a more profitable product mix and improved designs can drive revenue growth by increasing the perceived value and attractiveness of its homes, potentially leading to higher sales volumes and better pricing.
It is important to note that United Homes Group (UHG) entered into a definitive merger agreement with Stanley Martin Homes, LLC, and Union MergeCo, Inc., in February 2026. This transaction is expected to close in the second quarter of 2026. Post-merger, the revenue growth strategies of the combined entity will supersede UHG's independent drivers; however, the aforementioned factors represent the strategic initiatives and operational areas that United Homes Group was pursuing or emphasizing prior to this acquisition.

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Share Issuance

  • In December 2024, United Homes Group priced a secondary public offering of 7,420,057 shares of Class A common stock at $5.00 per share, with the company not receiving any proceeds from the sale as the shares were issued to convertible noteholders as part of a redemption.
  • As part of this redemption, the company issued 10,168,850 shares of Class A common stock (including offered and option shares) along with $70,000,000 in cash to redeem convertible notes payable.
  • Immediately prior to the expected Q2 2026 merger close with Stanley Martin Homes, United Homes Group is required to issue 21,866,379 shares of common stock to satisfy existing earn-out obligations from a prior business combination agreement.

Inbound Investments

  • Upon going public through a SPAC merger in 2023, Great Southern Homes (the predecessor to UHG) received $71.5 million from an $80 million convertible note from PIPE investors, which included a 6.25% issue discount and bore 15% annual interest.
  • A separate set of "equity" PIPE investors contributed $4.7 million and received 589,000 shares during the same period.

Outbound Investments

  • United Homes Group has entered into an agreement to be acquired by Stanley Martin Homes in an all-cash merger, representing an enterprise value of approximately $221 million.
  • Shareholders of United Homes will receive $1.18 per share in cash upon the closing of the transaction, which is expected in the second quarter of 2026.
  • Following the completion of the merger, United Homes Group will become a wholly owned subsidiary of Stanley Martin Homes and will no longer be publicly traded.

Capital Expenditures

  • Annual capital expenditures for United Homes Group in 2023 were $162.3K.
  • Annual capital expenditures for UHG in 2024 were $31.8K.
  • For the period ending September 30, 2025, capital expenditures for UHG were $999K.

Better Bets vs. United Homes (UHG)

Latest Trefis Analyses

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Trade Ideas

Select ideas related to UHG.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
SKY_3312026_Dip_Buyer_FCFYield03312026SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
DPZ_3272026_Dip_Buyer_FCFYield03272026DPZDomino's PizzaDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.1%3.1%0.0%
ETSY_3272026_Dip_Buyer_FCFYield03272026ETSYEtsyDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.6%5.6%0.0%
OLLI_3272026_Dip_Buyer_ValueBuy03272026OLLIOllie's Bargain OutletDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
3.1%3.1%0.0%
PATK_3272026_Insider_Buying_GTE_1Mil_EBITp+DE_V203272026PATKPatrick IndustriesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
3.4%3.4%-1.6%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

UHGDHILENPHMNVRMTHMedian
NameUnited H.D.R. Hor.Lennar PulteGro.NVR Meritage. 
Mkt Price1.18145.2588.83122.686,843.7166.64105.75
Mkt Cap0.142.521.723.819.44.620.5
Rev LTM40733,52433,17517,31210,3425,86113,827
Op Inc LTM-04,1222,2702,9791,6895401,980
FCF LTM-223,477-901,7491,09793595
FCF 3Y Avg73,1701,9681,8051,305511,555
CFO LTM-203,628721,8711,121118620
CFO 3Y Avg83,3132,1291,9161,331821,624

Growth & Margins

UHGDHILENPHMNVRMTHMedian
NameUnited H.D.R. Hor.Lennar PulteGro.NVR Meritage. 
Rev Chg LTM-12.3%-8.6%-7.2%-3.5%-1.9%-8.3%-7.8%
Rev Chg 3Y Avg-4.6%0.1%-0.7%2.9%-0.3%-2.2%-0.5%
Rev Chg Q-8.5%-9.5%-13.3%-6.3%-4.7%-11.5%-9.0%
QoQ Delta Rev Chg LTM-2.7%-2.1%-3.0%-1.8%-1.3%-3.1%-2.4%
Op Mgn LTM-0.0%12.3%6.8%17.2%16.3%9.2%10.8%
Op Mgn 3Y Avg1.5%15.0%11.9%20.0%18.1%13.0%14.0%
QoQ Delta Op Mgn LTM-0.2%-0.6%-1.2%-2.1%-0.7%-1.7%-0.9%
CFO/Rev LTM-4.8%10.8%0.2%10.8%10.8%2.0%6.4%
CFO/Rev 3Y Avg1.7%9.4%6.0%11.3%13.2%1.4%7.7%
FCF/Rev LTM-5.3%10.4%-0.3%10.1%10.6%1.6%5.8%
FCF/Rev 3Y Avg1.6%9.0%5.6%10.6%12.9%0.9%7.3%

Valuation

UHGDHILENPHMNVRMTHMedian
NameUnited H.D.R. Hor.Lennar PulteGro.NVR Meritage. 
Mkt Cap0.142.521.723.819.44.620.5
P/S0.21.30.71.41.90.81.0
P/EBIT-2,393.210.39.68.210.87.98.9
P/E-4.312.712.110.714.510.211.4
P/CFO-3.511.7300.112.717.339.015.0
Total Yield-23.4%9.0%10.6%10.1%6.9%12.4%9.5%
Dividend Yield0.0%1.2%2.4%0.7%0.0%2.6%1.0%
FCF Yield 3Y Avg-3.2%7.0%4.7%8.1%5.8%0.8%5.2%
D/E2.10.10.20.10.10.40.2
Net D/E1.80.10.1-0.0-0.00.20.1

Returns

UHGDHILENPHMNVRMTHMedian
NameUnited H.D.R. Hor.Lennar PulteGro.NVR Meritage. 
1M Rtn1.7%3.4%-6.5%2.9%5.8%5.6%3.2%
3M Rtn-28.5%-9.4%-27.6%-8.0%-10.8%-14.6%-12.7%
6M Rtn-72.1%-6.8%-27.0%-1.4%-11.5%-2.7%-9.2%
12M Rtn-49.8%21.4%-14.8%29.6%-5.5%6.0%0.2%
3Y Rtn-89.6%52.3%-11.6%108.7%21.5%17.3%19.4%
1M Excs Rtn-3.3%-1.7%-11.5%-2.1%0.8%0.6%-1.9%
3M Excs Rtn-31.3%-8.7%-26.1%-7.6%-9.7%-11.5%-10.6%
6M Excs Rtn-78.5%-9.9%-31.2%-3.7%-14.5%-4.8%-12.2%
12M Excs Rtn-86.0%-7.6%-45.7%-0.3%-34.5%-24.0%-29.3%
3Y Excs Rtn-160.2%-13.3%-78.8%47.3%-44.6%-46.2%-45.4%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Great Southern Homes (GSH) South Carolina168224   
Corporate4326   
Rosewood3331   
Other2217   
Total265299   


Price Behavior

Price Behavior
Market Price$1.18 
Market Cap ($ Bil)0.1 
First Trading Date03/29/2021 
Distance from 52W High-73.7% 
   50 Days200 Days
DMA Price$1.46$2.45
DMA Trenddowndown
Distance from DMA-19.0%-51.9%
 3M1YR
Volatility124.3%117.4%
Downside Capture1.711.11
Upside Capture268.5975.25
Correlation (SPY)15.2%11.0%
UHG Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.101.731.770.830.841.14
Up Beta-0.012.46-0.15-1.370.670.88
Down Beta-0.200.940.240.910.660.95
Up Capture38%77%374%-32%43%33%
Bmk +ve Days7162765139424
Stock +ve Days5182959113358
Down Capture17%305%268%202%138%112%
Bmk -ve Days12233358110323
Stock -ve Days6111952120361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UHG
UHG-57.6%117.0%-0.06-
Sector ETF (XLY)24.8%19.4%1.029.4%
Equity (SPY)24.2%12.9%1.4911.0%
Gold (GLD)53.4%27.6%1.554.6%
Commodities (DBC)26.8%16.2%1.475.4%
Real Estate (VNQ)18.7%13.8%1.002.2%
Bitcoin (BTCUSD)-6.8%42.9%-0.059.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UHG
UHG-41.2%88.7%-0.29-
Sector ETF (XLY)6.9%23.7%0.2512.2%
Equity (SPY)11.1%17.0%0.5012.6%
Gold (GLD)22.5%17.8%1.036.5%
Commodities (DBC)11.7%18.8%0.513.7%
Real Estate (VNQ)3.9%18.8%0.117.8%
Bitcoin (BTCUSD)5.8%56.5%0.327.4%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UHG
UHG-23.2%88.5%-0.28-
Sector ETF (XLY)12.7%22.0%0.5312.2%
Equity (SPY)14.0%17.9%0.6712.6%
Gold (GLD)14.3%15.9%0.756.4%
Commodities (DBC)8.8%17.6%0.423.6%
Real Estate (VNQ)5.4%20.7%0.237.8%
Bitcoin (BTCUSD)67.7%66.9%1.077.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 3152026-4.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest4.2 days
Basic Shares Quantity58.8 Mil
Short % of Basic Shares0.5%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/12/20260.0%0.0%0.0%
11/6/2025-7.6%-7.6%-19.3%
8/7/20252.5%3.7%4.4%
3/12/2025-5.3%-3.4%-25.2%
11/8/20244.3%3.0%-26.3%
8/8/20243.7%6.1%-1.7%
3/14/2024-8.6%-5.4%-19.4%
11/9/20231.5%7.8%1.4%
...
SUMMARY STATS   
# Positive653
# Negative457
Median Positive2.0%3.7%1.4%
Median Negative-6.5%-5.4%-24.0%
Max Positive4.3%7.8%4.4%
Max Negative-8.6%-10.5%-26.3%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/13/202610-K
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/14/202510-Q
12/31/202403/14/202510-K
09/30/202411/12/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202303/15/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202307/31/2023424B3
06/30/202210/11/2022S-4

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lincks, Maigan Nieri DirectBuy52720251.9550,00097,50097,500Form
2Lincks, Maigan Nieri Two Blue Stallions, LLCBuy52720252.0131,15162,520330,093Form
3Lincks, Maigan Nieri Two Blue Stallions, LLCBuy52720252.0033,33066,660395,602Form
4Nieri, Patrick Michael DirectBuy52720251.9550,00097,50097,500Form
5Nieri, Patrick Michael Two Blue Stallions, LLCBuy52720252.0131,15162,520330,093Form