LGI Homes, Inc. Stock News

LGI Homes stock sits at a post-earnings low despite reiterated guidance. Margin improvements are anticipated, but not enough to reverse the downtrend with revenue growth slower than community count growth. Valuation close to recession pricing, potential trade opportunity in October/November, but further near-term downside risk and lack of buyback support.

ATLANTA, June 21, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced its newest community in the Atlanta market, Conners Landing at Mirror Lake , located in the charming town of Villa Rica. Homeowners will fall in love with the community, its amenities and all that Villa Rica has to offer.

JACKSONVILLE, Fla., June 19, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today introduced its newest community in the Jacksonville market, Westport Landing.

SAN ANTONIO, Texas, June 10, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the commencement of sales in Lytle, Texas at the new Rosewood Estates community. Located just minutes from I-35, Rosewood Estates provides upgraded, yet affordable homes with convenient access to major employers and more in San Antonio.

THE WOODLANDS, Texas, June 07, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) commemorates National Homeownership Month. Since 2003, LGI Homes has recognized National Homeownership Month every June by promoting the benefits of homeownership and highlighting the Company's unique value proposition to first-time homebuyers.

THE WOODLANDS, Texas, June 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 579 homes in May 2024.

THE WOODLANDS, Texas, May 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the success of Service Impact Day 2024. During this special event, every LGI Homes employee turns from their focus on sales and closings and dedicates an entire day to supporting local charities through volunteerism and financial gifts.

CAMBRIDGE, Minn., May 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Cambridge Cove, a new single-family home community located north of Minneapolis in Cambridge.