U.S. home-builder confidence hits 18-year high [MarketWatch]
LGI Homes, Inc. (LGIH)
Last lgi homes, inc. earnings: 2/25 07:00 am
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Source: MarketWatch
Home-builder confidence roars to an 18-year high The numbers: The National Association of Home Builders’ monthly sentiment index surged five points to 74 in December, its highest reading since 1999. What happened: Economists had forecast a flat reading at the 70 level. November’s reading was revised down a tick, while builder sentiment turned far more bullish than expected this month. In November, the subindex of current conditions rose four points to 81, while the gauge of future sales rose three points to 79. The subindex that tracks buyer traffic jumped eight points to 58, its highest since 1998. Any reading over 50 signals improving conditions. Big picture: Builders seem to be in a sweet spot: The economy is supporting a strong pace of home sales, and the tax overhaul that seems likely to become law should boost profits. Read: Generation X recovery boosts home ownership “Housing market conditions are improving partially because of new policies aimed at providing regulatory r
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LGIH
News
- LGI Homes Awarded Prestigious 2-10 Home Buyers Warranty Platinum Builder Award for Outstanding Leadership in New Construction [Yahoo! Finance]Yahoo! Finance
- LGI Homes Awarded Prestigious 2-10 Home Buyers Warranty Platinum Builder Award for Outstanding Leadership in New ConstructionGlobeNewswire
- LGI Homes, Inc. (NASDAQ: LGIH) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- LGI Homes, Inc. (NASDAQ: LGIH) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- LGI Homes (NASDAQ:LGIH) sheds 4.4% this week, as yearly returns fall more in line with earnings growth [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