LGI Homes has experienced relatively material share price volatility over the past 12 months as a result of broader macro trends like interest rates. While sales are subject to the negative effects of such macro factors, there's a long-term growth opportunity for LGI through increased absorption rates and community count. I think LGIH could reasonably be in the mid-to-upper-$100 per share terri...
THE WOODLANDS, Texas, April 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 482 homes in March 2024. The Company closed 1,083 homes during the first quarter of 2024.
A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation, and delayed interest rate cuts.
THE WOODLANDS, Texas, April 02, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH), one of the nation's largest and most recognized homebuilders, announced today that it received the 2024 Top Workplace USA award issued by Energage and USA Today. This is LGI Homes' 4th consecutive year to receive this distinction.
THE WOODLANDS, Texas, March 27, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH), one of the nation's largest and most recognized homebuilders, announced today that they have been awarded the prestigious Platinum Builder Award by 2-10 Home Buyers Warranty, recognizing their exceptional leadership, innovation, and excellence in new construction throughout 2023. This marks the Company's s...
SEATTLE, March 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes, the company's luxury brand, is now selling homes in its newest community in the Seattle, Washington market, Skyway Village. This new neighborhood provides homebuyers with a variety of upgraded homes highlighting spacious layouts and modern finishes.
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