BZH

Beazer Homes USA, Inc. is a homebuilder constructing and selling single-family homes primarily in the southern and western United States. The company builds homes under the Beazer Homes brand across price points targeting entry-level, move-up, and active adult buyers. Beazer operates in markets including Arizona, California, Nevada, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. The company acquires land, develops communities, builds homes, and provides mortgage financing through its subsidiary Beazer Mortgage. Founded in 1985 and headquartered in Atlanta, Georgia, Beazer survived the housing crisis and financial distress through restructuring and operational changes. The company has refocused on affordability and entry-level buyers, addressing significant housing affordability challenges and first-time buyer demand. Beazer employs strategies including smaller home sizes, efficient floor plans, and land efficiency to improve affordability. The company faces cyclical housing market conditions, rising construction costs, labor shortages, and mortgage rate sensitivity affecting buyer affordability. Beazer operates with moderate leverage and focuses on asset-efficient growth. The company continues to focus on entry-level product, operational efficiency, and sustainable profitability.