LGI Homes: Staying Firm On This Rating [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
Company Research
Source: Seeking Alpha
Investing Group Leader Follow Play 12min Summary I remain cautious about LGI Homes despite the promising homebuilding market, maintaining a 'hold' rating due to declining revenue, high cancellation rates, and weak net new orders. The company's profitability has been negatively impacted by rising construction costs and sales incentives, even though the average home price has increased. Although management's guidance for 2024 shows potential improvement, LGI Homes remains relatively expensive compared to peers, making it less attractive for investment. Upcoming Q3 2024 data could change the outlook, but for now, the prudent approach is to keep the 'hold' rating. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » The Good Brigade Those who follow my work closely know that I am a big fan of the homebuilding market. Between there existing a perpetual shortage of homes, and n
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LGIH
News
- LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2032GlobeNewswire
- LGI Homes Announces Private Offering of $400 Million of Unsecured Senior Notes due 2032GlobeNewswire
- Time To Worry? Analysts Just Downgraded Their LGI Homes, Inc. (NASDAQ:LGIH) Outlook [Yahoo! Finance]Yahoo! Finance
- LGI Homes, Inc. Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- LGI Homes, Inc. (NASDAQ: LGIH) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $125.00 price target on the stock.MarketBeat
LGIH
Earnings
- 11/5/24 - Beat
LGIH
Sec Filings
- 11/15/24 - Form 8-K
- 11/13/24 - Form 8-K
- 11/12/24 - Form SC
- LGIH's page on the SEC website