Small Cap Homebuilder UCP Positioned for Buyout

In this article by Seeking Alpha, the contention is made that the landholdings of the publicly-traded homebuilder, UCP, the bulk of which was acquired in the downturn, is being carried on their balance sheet at a discount to current value. Hence, as the stock price is trading close to book value, for larger builders seeking to gain entry into the primarily West Coast markets in which UCP operates or augment their West Coast positions, the company might make an attractive buyout candidate.

Read More

Previous Tight Mortgage Standards Hold Back Bottom End of Housing Market
Next The Case Against August's New Home Sales Data

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Hombuilder IPO Window Closed for Now

After eight homebuilder IPOs in 2013 and the beginning of 2014, there seems to be no appetite for new stock issuances as a result of a generally slow 2014 in

Homebuilders / Land Developers

Big Builder, Little Builder…Who’s Got The Edge?

The squeeze on smaller builders these days comes in many forms, from all directions.

Homebuilders / Land Developers

Oil Prices to Impact Homebuilding Stocks?

With 29% and 21% exposure for KB Home and Lennar, respectively, to Texas, in terms of community count, the potentially negative impact of lower oil prices on these homebuilders’ stocks

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply