LGI Homes downgraded by Seaport Research Partners with a new price target
$LGIH
Homebuilding
Consumer Discretionary
Seaport Research Partners downgraded LGI Homes from Neutral to Sell and set a new price target of $85.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2025 | Sell → Neutral | Seaport Research Partners | |
| 9/9/2024 | $97.00 → $125.00 | Underperform → Neutral | Wedbush |
| 8/5/2024 | $85.00 | Neutral → Sell | Seaport Research Partners |
| 4/2/2024 | $88.00 → $74.00 | Neutral → Underperform | Wedbush |
| 10/2/2023 | Sell → Neutral | BTIG Research | |
| 6/14/2023 | $156.00 | Buy | Seaport Research Partners |
| 2/22/2023 | $73.00 | Neutral → Sell | BTIG Research |
| 4/20/2022 | Sell → Neutral | BTIG Research |
Seaport Research Partners upgraded LGI Homes from Sell to Neutral
Wedbush upgraded LGI Homes from Underperform to Neutral and set a new price target of $125.00 from $97.00 previously
Seaport Research Partners downgraded LGI Homes from Neutral to Sell and set a new price target of $85.00
8-K - LGI Homes, Inc. (0001580670) (Filer)
8-K - LGI Homes, Inc. (0001580670) (Filer)
8-K - LGI Homes, Inc. (0001580670) (Filer)
5 - LGI Homes, Inc. (0001580670) (Issuer)
5 - LGI Homes, Inc. (0001580670) (Issuer)
5 - LGI Homes, Inc. (0001580670) (Issuer)
SAN JACINTO, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) announces the grand opening of Esplanade, a brand-new community in the rapidly expanding city of San Jacinto, California. Offering a selection of affordable new homes with built-in upgrades, Esplanade provides homebuyers with a simplified and affordable path to homeownership. Esplanade features brand-new, three-, four- and five-bedroom homes designed with spacious, single-story layouts. Each home includes LGI Homes' CompleteHome™ package, which adds value with sought-after upgrades such as Whirlpool® kitchen appliances, granite countertops and modern plank flooring included in the base price. "Esplanade
THE WOODLANDS, Texas, Feb. 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 219 homes in January 2025. As of January 31, 2025, the Company had 148 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America's fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and
THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in the fourth quarter, including the bulk sale of 103 leased, single-family homes in November 2024, and a total of 6,131 homes for the full year 2024. As of December 31, 2024, the Company had 151 active selling communities. "Our teams across the country delivered a strong finish to the year," said Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board. "We closed 580 homes across 151 active communities in December, enabling us to achieve our guidance targets for full year home c
THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in the fourth quarter, including the bulk sale of 103 leased, single-family homes in November 2024, and a total of 6,131 homes for the full year 2024. As of December 31, 2024, the Company had 151 active selling communities. "Our teams across the country delivered a strong finish to the year," said Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board. "We closed 580 homes across 151 active communities in December, enabling us to achieve our guidance targets for full year home c
THE WOODLANDS, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter 2024 and the nine months ended September 30, 2024. Third Quarter 2024 Highlights Home sales revenues increased 5.6% to $651.9 millionHome closings increased 0.3% to 1,757 homesAverage sales price per home closed increased 5.2% to $371,004Gross margin as a percentage of home sales revenues decreased 60 basis points to 25.1%Adjusted gross margin* as a percentage of home sales revenues was 27.2% in both comparable periodsNet income before income taxes increased 2.7% to $91.9 millionNet income increased 3.8% to $69.6 million, or $2.96 basic EPS and $2
THE WOODLANDS, Texas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 579 homes in September 2024, a 7.2% year-over-year increase, resulting in a total of 1,757 homes closed during the third quarter of 2024. As of September 30, 2024, the Company had 138 active selling communities. The Company plans to release financial results for the third quarter ended September 30, 2024, before the market opens on Tuesday, November 5, 2024. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.
THE WOODLANDS, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced that it has appointed Maria Renna Sharpe as a new independent director to its Board. Ms. Sharpe brings more than 37 years of legal, human resources and accounting expertise to LGI Homes. She is the Managing Principal of Sharpe Human Solutions, LLC, a human resource consulting and commercial real estate investment company, and is a member of the Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) where she serves as Chair of the Compensation and Human Capital Committee. Ms. Sharpe served as Senior Vice President, Global Human Capital Management, Services & Operations at PepsiCo
THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021. As Global Head of Strategy and Solution Development for Health Solutions at Aon plc, a leading global professional services firm, Ms. Parikh is responsible for leading strategic planning, solution design and development, and product lifecycle management for Aon's Health business. Prior to Ms. Parikh's current role, she has held various leadership positions within Aon including Chief Financial Officer of EMEA, Aon Hewitt; Senior Vice President, Global Business Services; and Chief
SC 13G/A - LGI Homes, Inc. (0001580670) (Subject)
SC 13G/A - LGI Homes, Inc. (0001580670) (Subject)
SC 13G - LGI Homes, Inc. (0001580670) (Subject)