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
- LGI Homes, Inc. (NASDAQ: LGIH) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- LGI Homes: Short-Term Uncertainty, Long-Term Optimism [Seeking Alpha]Seeking Alpha
- LGI Homes Opens its First Community in St. Cloud, Minnesota Market [Yahoo! Finance]Yahoo! Finance
- LGI Homes Opens its First Community in St. Cloud, Minnesota MarketGlobeNewswire
- An Intrinsic Calculation For LGI Homes, Inc. (NASDAQ:LGIH) Suggests It's 42% Undervalued [Yahoo! Finance]Yahoo! Finance
LGIH
Earnings
- 2/20/24 - Miss
LGIH
Sec Filings
- 3/15/24 - Form DEF
- 3/12/24 - Form 4
- 3/12/24 - Form 4
- LGIH's page on the SEC website