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Landsea Homes Corporation - LSEA STOCK NEWS

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

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 Landsea Homes Corporation'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 Landsea Homes Corporation's position in the market.

Rhea-AI Summary
Landsea Homes (LSEA) plans to offer $300 million senior notes due 2029 to pay down outstanding borrowings under its revolving credit facility. The Notes will be guaranteed by material wholly owned subsidiaries, targeting qualified institutional buyers and non-U.S. persons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
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Rhea-AI Summary
Landsea Homes Corporation (LSEA) closes underwritten secondary offering, selling 2,434,783 shares at $11.60 per share. Largest stockholder no longer owns majority stake. Company no longer a 'controlled company' under Nasdaq listing standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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Rhea-AI Summary
Landsea Homes Corporation (Nasdaq: LSEA) announced the development of Parkton Square, a community of 210 high-performance homes in Kyle, Texas. The homes will offer luxurious features, green spaces, and proximity to schools and parks, targeting homebuyers seeking a quality lifestyle. The community is strategically located near Austin, attracting residents with affordable housing options and convenient access to amenities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
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Rhea-AI Summary
Landsea Homes Corporation (LSEA) announces the pricing of a secondary offering by its largest stockholder, Landsea Holdings Corporation, of 2,434,783 shares of common stock at $11.60 per share. The offering is expected to close on March 8, 2024. The Company is not offering any shares in the offering and will not receive proceeds from the sale. Certain members of the senior management team and board of directors will purchase shares at the offering price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
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none
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Rhea-AI Summary
Landsea Homes Corporation (LSEA) announces a secondary offering of 2,434,783 shares by its largest stockholder, Landsea Holdings Corporation, with potential additional shares. The underwriters have a 30-day option to purchase more shares. The Company's senior management team, board of directors, and Chairman's family member plan to buy $867,000 worth of shares at the offering price. The Offering is not by the Company itself, and it will not receive any proceeds from the sale. The Offering is made under a shelf registration statement on Form S-3 filed with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
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Rhea-AI Summary
Landsea Homes Corporation (LSEA) reported strong financial results for the fourth quarter and full year 2023, with a 352% increase in net new home orders, total revenue of $1.21 billion, and net income of $29.2 million for the year. The company entered the Colorado market and saw an 11.4% increase in year-end book value per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.94%
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Rhea-AI Summary
Landsea Homes Corporation (Nasdaq: LSEA) will release its Q4 2023 results on February 29, 2024, followed by a conference call to discuss financial results and conduct a Q&A session. The call will be broadcast live on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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Rhea-AI Summary
Landsea Homes Corporation (Nasdaq: LSEA) has closed on 145 new homesites in Victory at Verrado, a 55+ active adult neighborhood in Buckeye, Arizona. The new homes will be an extension of Landsea Homes' existing Skye Ridge at Victory neighborhood, offering single-family and duplex home floorplans. The community provides resort-style amenities and a scenic mountain setting, with prices anticipated to start in the upper-$300ks. The company aims to cater to the active adult community seeking an enriched quality of life in a beautiful neighborhood.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.52%
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Rhea-AI Summary
Landsea Homes Corporation (Nasdaq: LSEA) has announced the purchase of 45 finished homesites at the Village at Manor Commons in Manor, Texas. The new community will consist of 45 single-family homes offering seven different floorplans, with options for three to four bedrooms, and will range from approximately 1,400 to 2,400 square feet. Prices are anticipated to begin in the low-$300ks. Landsea Homes' expansion in Texas is driven by the growing number of young professionals moving out of rentals and buying homes in their communities due to their attainability and prime location. The greater Austin market is one of the fastest growing new home markets in the country, making it an attractive area for new homebuyers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
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Rhea-AI Summary
Landsea Homes Corporation (Nasdaq: LSEA) has entered into a definitive agreement to acquire Antares Homes, a Dallas-Fort Worth based homebuilder, expanding its presence in the Dallas/Fort Worth metropolitan area. The $232.2 million cash transaction, including repayment of an anticipated $47.2 million of Antares Homes debt, is expected to close in early February of 2024, subject to customary closing conditions. This acquisition enhances Landsea Homes' transition to an asset-light business model and adds 2,298 owned or controlled lots to its portfolio, increasing entry-level and high-performance home offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
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Landsea Homes Corporation

Nasdaq:LSEA

LSEA Rankings

LSEA Stock Data

426.50M
17.13M
49.92%
36.52%
2.79%
New Housing For-Sale Builders
Construction
Link
United States
Dallas

About LSEA

comfort. quality. service. these are the cornerstones upon which landsea builds your new home. our vision reaches beyond borders and beyond homebuilding because we understand that home is more than an address – it’s where you find comfort every day. landsea’s vision for home begins with a sustainable future, a mission pioneered by the company’s rich legacy as one of china’s leading developers and green builders. since 2001, the company has been building homes that strive toward innovation, drawing recognition from across the globe for their accomplishments in energy conservation, eco-friendly construction practices, comfort and healthy living. landsea blends unique international experience and advanced knowledge of technology with local expertise to present a distinctly better home to you and your family. from superior homes, family-oriented environments and quality at every level to enduring communities, our dedication starts and ends with you, ensuring everyday living in your h