MergerAug 7, 2026, 06:13 AM
Beazer Homes to be Acquired for $33.50/Share; Reports Q3 Net Loss $4.2M
AI Summary
Beazer Homes USA, Inc. announced it has entered into a definitive agreement to be acquired by Dream Finders Homes, Inc. for $33.50 per share in an all-cash transaction, valuing the company at approximately $2.2 billion. The company also reported its third quarter fiscal 2026 results, with a net loss of $4.2 million and a decrease in homebuilding revenue to $490.9 million. Due to the pending transaction, Beazer Homes is withdrawing its financial outlook and canceling its earnings conference call.
Key Highlights
- To be acquired by Dream Finders Homes for $33.50 per share in cash.
- Transaction values the company at approximately $2.2 billion.
- Q3 2026 net loss was $4.2 million, or $0.16 per diluted share.
- Adjusted EBITDA for Q3 2026 was $15.6 million, down 51.3% YoY.
- Homebuilding revenue for Q3 2026 was $490.9 million, down 8.3% YoY.
- Repurchased 1.0 million shares for $21.0 million in Q3 2026.
- Total debt to total capitalization ratio increased to 55.1% from 48.4% YoY.
Price Impact
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