LGIH Stock Recent News
LGIH LATEST HEADLINES
The headline numbers for LGI Homes (LGIH) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
LGI Homes (LGIH) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $2.25 per share a year ago.
LGI Homes (LGIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
THE WOODLANDS, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 571 homes in June 2024. In addition, the Company announced quarterly home closings of 1,655 during the second quarter of 2024.
LGI Homes stock sits at a post-earnings low despite reiterated guidance. Margin improvements are anticipated, but not enough to reverse the downtrend with revenue growth slower than community count growth. Valuation close to recession pricing, potential trade opportunity in October/November, but further near-term downside risk and lack of buyback support.
ATLANTA, June 21, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced its newest community in the Atlanta market, Conners Landing at Mirror Lake , located in the charming town of Villa Rica. Homeowners will fall in love with the community, its amenities and all that Villa Rica has to offer.
JACKSONVILLE, Fla., June 19, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today introduced its newest community in the Jacksonville market, Westport Landing.
SAN ANTONIO, Texas, June 10, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the commencement of sales in Lytle, Texas at the new Rosewood Estates community. Located just minutes from I-35, Rosewood Estates provides upgraded, yet affordable homes with convenient access to major employers and more in San Antonio.
THE WOODLANDS, Texas, June 07, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) commemorates National Homeownership Month. Since 2003, LGI Homes has recognized National Homeownership Month every June by promoting the benefits of homeownership and highlighting the Company's unique value proposition to first-time homebuyers.
THE WOODLANDS, Texas, June 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 579 homes in May 2024.