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. (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%
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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%
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Rhea-AI Summary
LGI Homes, Inc. expands Terrata Homes into the Tampa market with the opening of Southern Hills, a luxurious gated neighborhood in Brooksville, Florida. The community offers a country club lifestyle with a Pete Dye Signature Golf Course, upscale amenities, and designer homes starting from the $720s.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
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Rhea-AI Summary
LGI Homes, Inc. proudly announces the grand opening of Whisper Ridge, a community in Hilliard, Florida, with homes starting in the $290s. The community features a park, playground, swing set, and picnic area. It offers 3 and 4-bedroom homes with modern layouts, contemporary upgrades, and spacious interiors. Located in Nassau County, Hilliard provides recreational opportunities and nearby attractions, including Amelia Island. Whisper Ridge reflects LGI Homes' commitment to providing families with an exceptional living experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
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Rhea-AI Summary
LGI Homes, Inc. (LGIH) closed 225 homes in January 2024 and had 113 active selling communities as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.32%
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Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) announces the grand opening of Star Valley, a new community in Tucson, Arizona. The community offers a range of amenities, including parks, playgrounds, basketball courts, and dog parks. The homes feature spacious layouts, storage space, and included upgrades. Prices start at $309,900, providing an affordable option for homebuyers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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Rhea-AI Summary
LGI Homes, Inc announces the opening of Wolf Creek Run, a new community in Strasburg, CO, offering new construction homes starting in the low-$400s. The community features a CompleteHome™ package with upgrades at no extra cost, access to various neighborhood amenities, and proximity to employers and schools. Four new floor plans are being constructed, with homes ranging from 1,000 to 1,500 square feet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.3%
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Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) closed 676 homes in December 2023, a 34.1% year-over-year increase. The fourth quarter saw a 21.4% growth with 1,758 homes closed. The full year 2023 closed with 6,729 homes, a 1.6% increase over 2022. The company ended the year with 117 active selling communities. CEO Eric Lipar expressed pride in the team's performance despite a volatile housing market and looks forward to sharing the 2024 outlook in the upcoming earnings call in February.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) announced the opening of two new communities in the Houston market: Emberly in Beasley and Wayside Village in northeast Houston. Both communities offer exceptional new homes starting in the $200s, with convenient locations near major employers and exciting area attractions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.58%
Tags
Rhea-AI Summary
LGI Homes, Inc. (NASDAQ: LGIH) closed 522 homes in November 2023, up from 412 homes closed in November 2022, showing a 26.7% year-over-year growth. The company currently has 112 active selling communities as of November 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
LGI Homes, Inc.
Nasdaq:LGIH
LGIH Rankings
LGIH Stock Data
2.11B
20.66M
12.86%
87.21%
9.49%
New Single-Family Housing Construction (except For-Sale Builders)
Construction
United States of America
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