LGIH Stock Recent News

LGI Homes, Inc. (NASDAQ:LGIH ) Q4 2022 Earnings Conference Call February 21, 2023 12:30 PM ET Company Participants Josh Fattor - Vice President, Investor Relations Eric Lipar - Chief Executive Officer and Chairman Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Michael Rehaut - JPMorgan Truman Patterson - Wolfe Research Carl Reichardt - BTIG Jay McCanless - Wedbush Securities Alex Barron - Housing Research Center Operator Hello and welcome to LGI Homes Fourth Quarter 2022 Conference Call. Today's call is being recorded and a replay will be available on the company's website at www.lgihomes.com.

LGI Homes (LGIH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

THE WOODLANDS, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 504 homes in December 2022, for a total of 1,448 homes closed in the fourth quarter of 2022 and 6,621 homes closed for the full year 2022.

LGI Homes CEO Eric Lipar says he is seeing strong demand for the housing market. He says severe weather in Texas has not impacted its business as much as expected.

Cooler inflation numbers of 7.7% for October gave LGIH and other home builders a big bounce despite soft conditions. LGIH management is conservatively managing land and construction pipelines and have managed discounts and floor-plan reductions to maintain good gross margins of 29.5%.

LGI Homes, Inc. (NASDAQ:LGIH ) Q3 2022 Earnings Conference Call November 1, 2022 12:30 PM ET Company Participants Josh Fattor - Vice President, Investor Relations Eric Lipar - Chief Executive Officer and Chairman Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Truman Patterson - Wolfe Research Kenneth Zener - KeyBanc Carl Reichardt - BTIG Jay McCanless - Wedbush Alex Barron - Housing Research Center Operator Welcome to LGI Homes Third Quarter 2022 Conference Call. Today's call is being recorded and a replay will be available on the company's website later today at www.lgihomes.com.

LGI Homes (LGIH) delivered earnings and revenue surprises of -1.53% and 15.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

THE WOODLANDS, Texas, Oct. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 574 homes in September 2022, resulting in a total of 1,547 homes closed during the third quarter of 2022.

We first bought LGI Homes in Q1'17 and then sold it during Q1'21 to take advantage of other opportunities that appeared relatively more attractive. As shares declined this year as a potential reaction to LGI's supply chain headwinds and a greater aversion to housing related stocks, we are excited to be owners again.

Looking for a recession-proof real estate stock? Look no further than LGI Homes.