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LGIH News and Press, LGI Homes Inc. From 11/04/21

Stock Information

Company Name: LGI Homes Inc.
Stock Symbol: LGIH
Market: NASDAQ
Website: lgihomes.com

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LGIH - Mortgage rates fall but future upticks expected

“While mortgage rates fell after several weeks on the rise, we expect future upticks due to stronger economic data and as the Federal Reserve pulls back on its stimulus,” said Sam Khater, Freddie Mac’s Chief Economist. 30-year fixed-rate mortgage averaged 3.09% with an av...

LGIH - LGI Homes Reports October 2021 Home Closings

THE WOODLANDS, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home...

LGIH - LGI Homes (LGIH) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool. LGI Homes (NASDAQ: LGIH) Q3 2021 Earnings Call Nov 02, 2021 , 12:30 p.m. ET Operator Continue reading For further details see: LGI Homes (LGIH) Q3 2021 Earnings Call Transcript

LGIH - LGI Homes, Inc. (LGIH) CEO Eric Lipar on Q3 2021 Results - Earnings Call Transcript

LGI Homes, Inc. (LGIH) Q3 2021 Earnings Conference Call November 2, 2021 12:30 ET Company Participants Josh Fattor - Vice President, Investor Relations Eric Lipar - Chairman and Chief Executive Officer Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Jay Mc...

LGIH - LGI Homes stock drops 6% after lowering full year active communities outlook

Homebuilder LGI Homes (NASDAQ:LGIH) shares decline 6.5% even after beating Q3 earnings and revenue consensus estimates. However, continued high absorptions and supply chain impact to development timing made the company guide lower on the number of active communities to 100 - 105 for...

LGIH - LGI Homes EPS beats by $0.04, beats on revenue

LGI Homes (NASDAQ:LGIH): Q3 Non-GAAP EPS of $4.05 beats by $0.04; GAAP EPS of $4.05 beats by $0.10. Revenue of $751.6M (+40.7% Y/Y) beats by $19.62M. Press Release For further details see: LGI Homes EPS beats by $0.04, beats on revenue

LGIH - LGI Homes Reports Record Third Quarter and Year to Date 2021 Results

THE WOODLANDS, Texas, Nov. 02, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 Highlights and Comparisons to Third Quarter 2020 Net Income increas...

LGIH - LGI Homes Q3 2021 Earnings Preview

LGI Homes (NASDAQ:LGIH) is scheduled to announce Q3 earnings results on Tuesday, November 2nd, before market open. The consensus EPS Estimate is $4.01 (+63.7% Y/Y) and the consensus Revenue Estimate is $731.98M (+37.0% Y/Y). Over the last 2 years, LGIH has beaten EPS estimates 75% of the time...

LGIH - Rents Are Absolutely Soaring

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

LGIH - Mortgage rates at 3.14%, purchase demand remains firm

"The yield on the 10-year Treasury note has been trending up due to the decline in new COVID cases, increasing consumer optimism, as well as broadening inflation and persistent shortages," chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 3.14% for the week ending Oct...

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