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LGI Homes Inc - LGIH STOCK NEWS

Welcome to our dedicated news page for LGI Homes (Ticker: LGIH), a resource for investors and traders seeking the latest updates and insights on LGI Homes.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LGI Homes's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LGI Homes's position in the market.

Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) has opened its first community, Parkside, in the St. Cloud, Minnesota market. The community offers brand-new, affordable homes with various floor plans and energy-efficient features. Residents will have easy access to amenities in St. Cloud and Minneapolis, making it an attractive location for homebuyers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
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none
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Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) closed 482 homes in March 2024 and a total of 1,083 homes in the first quarter of 2024. The company has 120 active selling communities as of March 31, 2024. Financial results for the first quarter will be released on April 30, 2024, with a conference call scheduled for the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.68%
Tags
-
Rhea-AI Summary
LGI Homes, Inc. (LGIH) has been awarded the 2024 Top Workplace USA award for the 4th consecutive year. The company's Chairman and CEO, Eric Lipar, expressed gratitude for the recognition, highlighting the positive work environment and dedication of LGI Homes' employees in helping families achieve homeownership. The award is based on employee feedback, emphasizing leadership, culture, and benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
none
Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) has been honored with the prestigious Platinum Builder Award by 2-10 Home Buyers Warranty for their exceptional leadership and excellence in new construction in 2023. This marks the sixth consecutive year LGI Homes has received this accolade, showcasing their commitment to quality and customer satisfaction. The award recognizes their innovative home building approach and dedication to surpassing customer expectations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none
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Rhea-AI Summary
LGI Homes, Inc. (LGIH) closed 376 homes in February 2024 and had 117 active selling communities as of February 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
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none
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Rhea-AI Summary
LGI Homes, Inc. announces Terrata Homes' new luxury community, Skyway Village, in Seattle, offering upgraded homes with modern finishes and spacious layouts. The neighborhood features three new home designs ranging from 2,588 to 3,240 square feet, with various desirable amenities and upgrades. Homebuyers can enjoy family-friendly amenities like playgrounds and basketball courts, with easy access to key locations in Seattle. Prices start from the $970s.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
none
Rhea-AI Summary
LGI Homes, Inc. (LGIH) announces Bold Springs Farm, a new community in Lawrenceville, Atlanta, offering new homes starting in the $380s. The community features various amenities like a playground, picnic area, and more, along with homes ranging from 2,027 to 2,642 square feet with upgraded features.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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none
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Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of The Meadows at Oxford, a new community offering single-family homes with various amenities in historic Oxford, NC. Homes feature stainless steel appliances, granite countertops, and more. Prices start from the $290s.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
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Rhea-AI Summary
LGI Homes, Inc. (LGIH) unveils Mattos Ranch, a new community in Modesto, California, offering energy-efficient homes with luxury upgrades. The community is located in Newman, providing a small-town feel with modern amenities and nearby attractions. Prices start from the $490s.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
none
Rhea-AI Summary
LGI Homes, Inc. (LGIH) reported strong financial results for Q4 2023 and the full year, achieving growth in home sales revenues, homes closed, and net income. The company demonstrated robust execution, with a focus on increasing community count, revenue, and profitability. Despite challenges like inflation, LGI Homes remains optimistic about its future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.35%
Tags
LGI Homes Inc

Nasdaq:LGIH

LGIH Rankings

LGIH Stock Data

2.32B
20.66M
12.86%
87.21%
9.49%
New Single-Family Housing Construction (except For-Sale Builders)
Construction
Link
US
The Woodlands

About LGIH

based in the woodlands, texas, lgi homes is a publicly-traded homebuilder that has been making the dream of homeownership come true for buyers since 2003. our beautiful new homes, offered in amenity-rich communities conveniently located near major metropolitan areas, give the best in location, affordability and lifestyle to our homebuyers. our mission is simple: give first-time and long-time homebuyers quality homes at affordable prices. we are able to pass through savings to our customers because we procure and develop our own land, maximizing efficiencies and keeping costs low. our communities are located close to the urban centers where people work and play, while allowing our residents to enjoy the slower pace, open space and reduced expense that exists just a short distance from the city. we consider our communities the best of both worlds: where affordable homeownership meets the vibrancy and attractions of the greater metropolitan area. in addition to our presence in several tex