Recent Updates — BZH
Beazer Homes USA, Inc. entered into a definitive Agreement and Plan of Merger with Dream Finders Homes, Inc., under which Dream Finders will acquire Beazer in an all-cash transaction valued at approximately $2.2 billion. Under the terms approved by both boards, Beazer shareholders will receive $33.50 per share in cash. The merger is expected to close in the fourth quarter of 2026, subject to customary conditions including stockholder approval and Hart-Scott-Rodino regulatory clearance. Upon closing, Beazer’s shares will be delisted from the New York Stock Exchange. Beazer Homes USA, Inc. operates as a national homebuilder designing, building, and selling new homes across multiple U.S. markets.
Beazer Homes USA, Inc. announced a definitive agreement to be acquired by Dream Finders Homes, Inc. in an all-cash transaction valued at approximately $2.2 billion, offering $33.50 per share. The merger is subject to stockholder and regulatory approvals. Consequently, Beazer withdrew its financial outlook and cancelled its scheduled earnings conference call. For the fiscal third quarter ended June 30, 2026, the company reported a net loss of $4.2 million ($0.16 diluted loss per share) on homebuilding revenue of $490.9 million, an 8.3% decline driven by a 13.4% drop in closings to 896 homes. Adjusted EBITDA fell to $15.6 million from $32.1 million year-over-year. The company also issued $400.0 million of new senior notes and repurchased 1.0 million shares for $21.0 million. Beazer Homes USA, Inc. is a national homebuilder operating in the residential construction industry.
Beazer Homes USA, Inc. issued and sold $400 million in 8.000% Senior Notes due 2032 through a private placement to qualified institutional buyers. The company will use the net proceeds to fund the redemption of $357.3 million of its outstanding 5.875% Senior Notes due 2027. Beazer Homes USA, Inc. is a homebuilder operating in the residential construction industry.