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LGI Homes Inc (LGIH.OQ)

LGIH.OQ on NASDAQ Stock Exchange Global Select Market

38.78USD
15 Oct 2018
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Latest Key Developments (Source: Significant Developments)

LGI Homes Inc Says Home Closings Of 1,601 For Q3
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - LGI Homes Inc ::LGI HOMES INC - QUARTERLY HOME CLOSINGS OF 1,601 FOR Q3 OF 2018 COMPARED TO 1,729 HOME CLOSINGS IN Q3 OF 2017.LGI HOMES INC - ON TRACK TO CLOSE BETWEEN 6,400 AND 7,000 HOMES IN 2018.LGI HOMES INC - 478 HOMES CLOSED IN SEPTEMBER 2018, COMPARED TO 542 HOME CLOSINGS IN SEPTEMBER 2017.  Full Article

LGI Homes Acquires Real Estate Assets Of North Carolina Homebuilder
Friday, 3 Aug 2018 

Aug 3 (Reuters) - LGI Homes Inc ::DEAL FOR APPROXIMATELY $80 MILLION.LGI HOMES INC ACQUIRES REAL ESTATE ASSETS OF NORTH CAROLINA HOMEBUILDER.LGI HOMES, INC. ACQUIRES REAL ESTATE ASSETS OF NORTH CAROLINA HOMEBUILDER.  Full Article

LGI Homes Says 637 Homes Closed In June 2018, Up From 623 Home Closings In June 2017
Thursday, 5 Jul 2018 

July 5 (Reuters) - LGI Homes Inc ::LGI HOMES INC - 637 HOMES CLOSED IN JUNE 2018, UP FROM 623 HOME CLOSINGS IN JUNE 2017, REPRESENTING YEAR-OVER-YEAR GROWTH OF 2.2%.LGI HOMES INC - QUARTERLY HOME CLOSINGS OF 1,815 FOR Q2 OF 2018 COMPARED TO 1,511 HOME CLOSINGS IN Q2 OF 2017, A 20.1% INCREASE YEAR-OVER-YEAR.LGI HOMES INC - FINISHED FIRST SIX MONTHS OF 2018 WITH 3,059 HOME CLOSINGS, A 34.6% INCREASE OVER 2,272 HOME CLOSINGS DURING FIRST SIX MONTHS OF 2017.  Full Article

LGI Homes Announces Pricing Of $300 Million Of Unsecured Senior Notes Due 2026
Thursday, 28 Jun 2018 

June 28 (Reuters) - LGI Homes Inc ::LGI HOMES, INC. ANNOUNCES PRICING OF $300 MILLION OF UNSECURED SENIOR NOTES DUE 2026.  Full Article

LGI Homes Enters Amendment To Credit Agreement
Thursday, 21 Jun 2018 

June 21 (Reuters) - LGI Homes Inc ::LGI HOMES - ON JUNE 19 ENTERED CERTAIN FIRST AMENDMENT WHICH AMENDS THAT CERTAIN THIRD AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF MAY 25, 2018.LGI HOMES-AMENDMENT AMENDS DEFINITIONS SUCH THAT UPON ISSUANCE OF SENIOR NOTES INDEBTEDNESS REVOLVING COMMITMENT TO BE REDUCED TO LESSER OF $450 MILLION.  Full Article

LGI Homes Reports ‍Home Closings Of 1,844 In Q4 2017 Vs 1,139 In Q4 2016
Friday, 5 Jan 2018 

Jan 4 (Reuters) - Lgi Homes Inc ::LGI HOMES, INC. ANNOUNCES RECORD DECEMBER, 4TH QUARTER, AND YEAR END 2017 HOME CLOSINGS AND 2017 YEAR END EARNINGS CONFERENCE CALL.‍HOME CLOSINGS OF 1,844 DURING Q4 OF 2017 COMPARED TO 1,139 HOME CLOSINGS IN Q4 OF 2016​.‍CONTINUES TO SEE ROBUST DEMAND FOR HOMEOWNERSHIP IN ITS MARKETS AND UPHOLDS POSITIVE OUTLOOK FOR 2018​.  Full Article

LGI Homes reports Q3 earnings per share $1.40
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - LGI Homes Inc :LGI Homes, Inc. reports record setting third quarter and ytd 2017 results and increases 2017 guidance.Q3 earnings per share $1.40.Q3 earnings per share view $1.33 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $4.75 to $5.15.Q3 revenue $365.9 million versus I/B/E/S view $363.4 million.LGI Homes Inc - Qtrly ‍ending backlog increased 70.9% to 1,328 units​.LGI Homes Inc - Qtrly ‍home closings increased 64.4% to 1,729 homes​.LGI Homes Inc - Expects to ‍close more than 5,400 homes in 2017​.LGI Homes Inc - Sees ‍2017 gross margin as a percentage of home sales revenues to be in range of 25.0% and 27.0%​.LGI Homes Inc - Sees ‍2017 adjusted gross margin (non-GAAP) as a percentage of home sales revenues to be in range of 26.5% and 28.5%​.FY2017 earnings per share view $4.41 -- Thomson Reuters I/B/E/S.  Full Article

LGI Homes says 531 homes closed in October 2017
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Lgi Homes Inc :LGI Homes, Inc. reports October 2017 home closings.LGI Homes Inc - ‍as of end of October 2017, company had 79 active selling communities​.LGI Homes Inc - ‍announced 531 homes closed in October 2017, up from 351 home closings in October 2016, representing year-over-year growth of 51.3%​.  Full Article

LGI Homes enters into that certain second amended and restated credit agreement
Saturday, 27 May 2017 

May 26 (Reuters) - Lgi Homes Inc :LGI Homes says on May 25 co entered into that certain second amended and restated credit agreement dated as of May 25, 2017 - SEC filing.Revolving credit facility matures on May 31, 2020.Initial interest rate under credit agreement is LIBOR (one month) plus 3.15 pct.Credit agreement provides for $600.0 million revolving credit facility, which can be increased by request of company up to $650.0 million.  Full Article

U.S. homebuilders fall as rate hike looms

Shares of U.S. homebuilders dropped on Wednesday after data showed mortgage applications decreased in the latest week, at a time when concerns of a slowdown in the housing industry is already worrying investors.