LGIH Stock Recent News
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MIDDLESEX, N.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Nash County, Choplin Farms, offering modern homes on half-acre to 1+ acre lots.
WAYNESBORO, Pa., Dec. 16, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the grand opening of Brimington Farm, a brand-new community in Waynesboro, Pennsylvania.
Macro conditions and higher housing costs continue to weigh on near-term demand, keeping LGI Homes' absorption rates lower than historical. Over time, while their absorption rates may not grow much beyond 4x, they have a clear runway for continued community growth to grow sales and EBITDA. Combining those two elements together, barring interest rates materially rising or another inflationary run, today's price offers a relatively attractive IRR.
THE WOODLANDS, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 531 homes in November 2024, including the bulk sale of 103 single-family rental homes.
The Fed recently cut rates for the first time in over four years, but it's just the beginning.
THE WOODLANDS, Texas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 579 homes in September 2024, a 7.2% year-over-year increase, resulting in a total of 1,757 homes closed during the third quarter of 2024.
THE WOODLANDS, Texas, Sept. 24, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has been named on Newsweek's list of the World's Most Trustworthy Companies 2024.
THE WOODLANDS, Texas, Sept. 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the launch of its premier “Make Your Move” National Sales Event.
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THE WOODLANDS, Texas, Sept. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 610 homes in August 2024.