58.63 0.00 (0.00%)
After hours: 5:02PM EDT
|Bid||49.85 x 1100|
|Ask||59.26 x 1400|
|Day's Range||56.74 - 58.97|
|52 Week Range||40.73 - 81.88|
|PE Ratio (TTM)||10.11|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||70.50|
The housing market is started to slide. Existing-home sales were down in June. New home sales were at their slowest pace in eight months. Mortgage rates are also rising making home buying more expensive. Yahoo Finance's Seana Smith, Andy Serwer, Myles Udland and Ethan Wolff-Mann discuss.
A rapidly growing homebuilder has sold nearly all of its assets to a national company in a move the owner says was fueled by the growing difficulty of building in North Carolina's Research Triangle.
“We’re seeing some signs that this recovery that we’re in is getting long in the tooth,” said Bill Wynn, who sold his residential building company to LGI Homes Inc. “We felt there could be a slowdown in the future and we felt like we need to basically take some chips off the table.”
Shares of homebuilders are on a roll after luxury homebuilder Toll Brothers Inc (NYSE: TOL ) reported forecast-beating third-quarter earnings, revenues and home deliveries. At the time of writing: Toll ...
A rapidly growing homebuilder has sold nearly all of its assets to a national company in a move the owner says was fueled by the growing difficulty of building in the Triangle.
NEW YORK, Aug. 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of LGI ...
NEW YORK, NY / ACCESSWIRE / August 7, 2018 / LGI Homes, Inc. (NASDAQ: LGIH ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 7, 2018 at 12:30 PM Eastern Time. To ...
LGI Homes (LGIH) delivered earnings and revenue surprises of 13.10% and 1.29%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The The Woodlands, Texas-based company said it had net income of $1.90 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research ...
THE WOODLANDS, Texas, Aug. 07, 2018-- LGI Homes, Inc. today announced results for the second quarter 2018 and the six months ended June 30, 2018.. Second Quarter 2018 Results and Comparisons to Second ...
THE WOODLANDS, Texas, Aug. 03, 2018-- LGI Homes, Inc. today announced 538 homes closed in July 2018, compared to 591 home closings in July 2017. The Company ended the first seven months of 2018 with 3,597 ...
LGI Homes, Inc. (LGIH) acquired the real estate assets of Raleigh, North Carolina-based Wynn Homes, a 20-year-old privately held homebuilder, for approximately $80 million. Wynn Homes, known for building affordable single-family homes and townhomes, priced from $140,000 to $450,000, across central and eastern North Carolina, gives LGI Homes increased exposure to first-time buyers. As a result of this transaction, LGI Homes acquired approximately 200 homes under construction, along with approximately 4,000 owned and controlled lots that will be available for future sales as the Company expands operations throughout the Raleigh and Wilmington markets.
Texas-based LGI Development announced in 2008 it had bought the land for Riverchase Estates and would bring an expansive luxury community to the Charlotte region. It took another eight years for the grand opening of the community, but homebuilders believe the wait was worth it.
Stock Research Monitor: LGIH, UBSH, and UCBI LONDON, UK / ACCESSWIRE / July 17, 2018 / If you want a free Stock Review on SBNY sign up now at www.wallstequities.com/registration . On Monday, benchmark ...
To be sure, carpet bombing works well at certain stages of the stock market’s cycle, particularly when prices are rising strongly and individual stocks’ correlations with the overall market are high. The newsletter at the top of my performance scoreboard for year-to-date performance — The Turnaround Letter, edited by George Putnam — expects the second half of this year to be more of the same. In the latest issue of his newsletter, Putnam forecasted that “2018 will produce about a 6% full-year return while exhibiting higher volatility than in recent years.” That translates into a 1.9% increase in the S&P 500 from current levels.
LGI Homes, Inc. (LGIH) today announced 637 homes closed in June 2018, up from 623 home closings in June 2017, representing year-over-year growth of 2.2%. In addition, the Company announced quarterly home closings of 1,815 for the second quarter of 2018 compared to 1,511 home closings in the second quarter of 2017, a 20.1% increase year-over-year. The Company finished the first six months of 2018 with 3,059 home closings, a 34.6% increase over 2,272 home closings during the first six months of 2017.
MOLALLA, Ore., July 02, 2018-- LGI Homes, Inc. today announces the opening of its first community in the state of Oregon, Bear Creek. This new 128- lot development, located southeast of Portland, exemplifies ...
LGI Homes, Inc. (LGIH) (“LGI Homes” or the “Company”) today announced that it has priced its previously announced offering of $300,000,000 aggregate principal amount of unsecured Senior Notes due 2026 (the “Notes”) to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The Notes will be guaranteed, jointly and severally on a senior unsecured basis, by the Company’s subsidiaries that guarantee the Company’s obligations under its revolving credit facility.