United Homes stock price plummeted due to the Stanley Martin acquisition deal

LootboxPhobia · 2026-02-24T04:37:41+00:00

United Homes Group stock plummeted 49.6% on Monday after announcing it will be acquired by Stanley Martin Homes for all cash, with a company valuation of $221 million. The stock was discounted to $1.18 per share, and the deal is expected to close in 2026, after which United Homes will become a subsidiary and will no longer be publicly traded.

LootboxPhobia

2026-02-24 04:37:41

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Investing.com – United Homes Group (NASDAQ: UHG) stock price plummeted 49.6% in pre-market trading on Monday after the homebuilder announced it will be acquired by Stanley Martin Homes in a all-cash transaction valued at approximately $221 million.

Under the terms of the agreement, United Homes shareholders will receive $1.18 in cash per share, a significant discount compared to the closing price of $2.38 on Friday. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions.

The deal has been approved by United Homes’ merger committee and board of directors. Upon completion, United Homes will become a subsidiary of Stanley Martin Homes and will no longer be publicly traded.

United Homes Group CEO Jack Micenko said, “This transaction provides our shareholders with immediate and certain cash value, while also aligning United Homes with a respected, well-capitalized builder like Stanley Martin.”

Stanley Martin CEO Steve Alloy stated that the merger represents an important step toward offering more affordable new homes to potential buyers, emphasizing the company’s mission to design and build homes that people can afford and love.

Vestra Advisors served as the exclusive financial advisor to the United Homes Group Special Committee, while Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel. Maynard Nexsen acted as legal counsel for Stanley Martin.

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