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LGI Homes Reports 2024 Annual Home Closings and Sets Date for Fourth Quarter and 2024 Year End Earnings Conference Call
Newsfilter· 2025-01-06 22:30
THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in the fourth quarter, including the bulk sale of 103 leased, single-family homes in November 2024, and a total of 6,131 homes for the full year 2024. As of December 31, 2024, the Company had 151 active selling communities. "Our teams across the country delivered a strong finish to the year," said Eric Lipar, LGI Ho ...
LGI Homes Unveils New Jacksonville-Area Community: Jennings Farm
GlobeNewswire· 2025-01-06 13:00
The Four Winds Plan by LGI Homes The Four Winds Plan by LGI Homes at Four Winds features five bedrooms, two-and-a-half bathrooms, and a spacious family room. MIDDLEBURG, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the opening of Jennings Farm, a brand-new gated community offering an exceptional selection of upgraded homes and thoughtfully planned amenities. Nestled in the charming town of Middleburg, this community is where "Joyful Living Begins." “The ...
This Stock Is Redefining Real Estate. Here's Why It Could Beat the Market.
The Motley Fool· 2024-12-25 00:00
Our Purpose: To make the world smarter, happier, and richer. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, personal finance education, top-rated podcasts, and non-profit The Motley Fool Foundation. ...
LGI Homes Celebrates Major Milestone with 75,000th Home Closing
Newsfilter· 2024-12-23 13:00
THE WOODLANDS, Texas, Dec. 23, 2024 (GLOBE NEWSWIRE) -- LGI Homes Inc. (NASDAQ:LGIH) today announced the closing of the Company's 75,000th home. This significant achievement reflects the Company's unwavering commitment to providing affordable, high-quality homes to families across the country. "Closing 75,000 homes is a remarkable milestone for LGI Homes and a testament to the dedication and passion of our entire team," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Since our founding ...
LGI Homes Opens Raleigh-Area Community with New Plan Lineup
Newsfilter· 2024-12-18 22:30
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. A new plan lineup is available at Choplin Farms with new, never-before-seen floor plans. "Choplin Farms is located only 35 minutes from Downtown Raleigh, nestled in the quiet town of Middlesex. Large half-acre or more homesites provide a beautiful backdrop for these new floor plans," said Dayne Luck, ...
LGI Homes Opens New Community in Pennsylvania
GlobeNewswire· 2024-12-16 13:00
The Franklin by LGI Homes The Franklin features a spacious, open-concept layout floor plan and beautiful exterior stone detailing. 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. This affordable, upgraded community offers homebuyers the opportunity to purchase a newly built home with built-in upgrades at a price that makes homeownersh ...
LGI Homes(LGIH) - 2024 Q3 - Quarterly Report
2024-11-05 22:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number 001-36126 LGI HOMES, INC. (Exact name of registrant as specified in its charter) Delaware 46-3088013 (State or other jurisdict ...
LGI Homes(LGIH) - 2024 Q3 - Earnings Call Transcript
2024-11-05 20:40
LGI Homes, Inc. (NASDAQ:LGIH) Q3 2024 Earnings Conference Call November 5, 2024 ET Company Participants Joshua Fattor - Executive Vice President of Investor Relations and Capital Markets Eric Lipar - Chief Executive Officer and Chairman of the Board Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Trevor Allinson - Wolfe Research Carl Reichardt - BTIG Jay McCanless - Wedbush Alex Barron - Housing Research Center Kenneth Zener - Seaport Operator Welcome to LGI Homes Third ...
Compared to Estimates, LGI Homes (LGIH) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-05 16:01
For the quarter ended September 2024, LGI Homes (LGIH) reported revenue of $651.85 million, up 5.6% over the same period last year. EPS came in at $2.95, compared to $2.84 in the year-ago quarter.The reported revenue represents a surprise of +1.57% over the Zacks Consensus Estimate of $641.77 million. With the consensus EPS estimate being $2.53, the EPS surprise was +16.60%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
LGI Homes (LGIH) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-11-05 14:21
LGI Homes (LGIH) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.60%. A quarter ago, it was expected that this entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets would post earnings of $2.24 per share when it actually produced earnings of $2.48, delivering a ...