Rate Cuts Will Help LGI Homes Sustain Its Strong Momentum [Seeking Alpha]
LGI Homes, Inc. (LGIH)
Last lgi homes, inc. earnings: 2/25 07:00 am
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US:NASDAQ Investor Relations:
investor.lgihomes.com/investor-relations
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Source: Seeking Alpha
Summary LGI Homes continued its strong momentum into 2020 with record closings in Jan and Feb. Lowered rates are likely to boost new homebuyer interest. Homebuilder stocks dropped sharply due to the COVID-19 outbreak, but industry fundamentals and demand remains strong. Introduction Since the elevated seriousness of the coronavirus hit the US markets, stocks across industry types have started seeing Mr. Market’s wrath. The travel and tourism sector has obvious consequences due to this pandemic with some experts estimating One sector which has seen an impact comparable to the travel industry has been the homebuilder sector. Source: S&P Homebuilder ETF - Google Finance Source: S&P Transportation ETF - Google Finance Through this article, I aim to analyze the fundamentals of LGI Homes ( LGIH Strong Momentum LGI Homes ended 2019 with 7,690 home closings closings in February Source: Author’s calculations The company expects around 8,400-9,400 closings in 2020 and 120-130 active selling com
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LGIH
News
- Q3 Earnings Roundup: LGI Homes (NASDAQ:LGIH) And The Rest Of The Home Builders Segment [Yahoo! Finance]Yahoo! Finance
- LGI Homes Celebrates Major Milestone with 75,000th Home Closing [Yahoo! Finance]Yahoo! Finance
- LGI Homes Celebrates Major Milestone with 75,000th Home ClosingGlobeNewswire
- LGI Homes Opens Raleigh-Area Community with New Plan Lineup [Yahoo! Finance]Yahoo! Finance
- LGI Homes Opens Raleigh-Area Community with New Plan LineupGlobeNewswire
LGIH
Earnings
- 11/5/24 - Beat
LGIH
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- LGIH's page on the SEC website