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LGIH

LGI Homes

$54.89

-2.27 (-3.97%)

19:02
03/19/19
03/19
19:02
03/19/19
19:02

LGI Homes announces new community in Las Vegas

LGI Homes, Inc. announced the opening of Steptoe, its newest community in Las Vegas. "We are ecstatic to open Steptoe, our second Las Vegas community, following the success of our entrance into the market last fall," said Ron Christian, Vice President of Sales for Nevada. "The demand for homeownership is at an all-time high in this sought-after area." Ideally positioned off Boulder Highway, just north of the Henderson area, residents of Steptoe will enjoy easy access to Las Vegas' top employment centers, as well as unbelievable shopping, dining and entertainment options. Within minutes of the community, homeowners can pick up a game of tennis at Whitney Park, explore the Clark County Wetlands or experience the excitement of the Las Vegas Strip. At Steptoe, LGI Homes offers a collection of brand-new floor plans, showcasing two- to four-bedroom homes. These never-before-seen floor plans range in size from 1,206 sq. ft. to over 1,600 sq. ft. Featuring large bedrooms, walk-in closets and open living rooms these homes are perfect for entertaining and can be found only at Steptoe. Additionally, each and every home highlights a remarkable assortment of included upgrades such as fully-loaded chef-ready kitchens with energy-efficient Whirlpool appliances, spacious granite countertops, an undermount kitchen sink, gorgeous wooden cabinetry, ample storage space, attached garages and front yard landscaping.

LGIH LGI Homes
$54.89

-2.27 (-3.97%)

11/23/18
DBAB
11/23/18
NO CHANGE
Target $62
DBAB
Buy
LGI Homes price target lowered to $62 from $75 at Deutsche Bank
Deutsche Bank analyst Nishu Sood lowered his price target for LGI Homes to $62 from $75 following the company's Q3 results. With volumes pre-reported and softening October numbers provided in a press release the night before earnings, the incremental information out of LGI's earnings report was a "net positive" for the outlook of the company, Sood tells investors in a research note. He expects above market organic growth will resume in fiscal 2019 and keeps a Buy rating on the shares.
11/28/18
JPMS
11/28/18
NO CHANGE
JPMS
JPMorgan remains cautious on Homebuilders after new home sales miss
JPMorgan analyst Michael Rehaut remains cautious on Homebuilding stocks after October new home sales fell 9%, below the Street's estimate of 4%. The analyst expects a "fairly tepid" recovery in housing starts to continue in 2019 and believes the current softness may last for a few more months. Further, he thinks builder fundamentals will moderate over the next two years. His Overweight-rated builders include Lennar (LEN), LGI Homes (LGIH) and William Lyon Homes (WLH). His Overweight-rated names in building products include Masonite (DOOR), Fortune Brands (FBHS) and Stanley Black & Decker (SWK).
01/07/19
WELS
01/07/19
UPGRADE
WELS
Outperform
LGI Homes upgraded to Outperform from Market Perform at Wells Fargo
01/07/19
01/07/19
UPGRADE
Target $58

Outperform
LGI Homes upgraded to Outperform at Wells Fargo on lower rates, closings growth
As previously reported, Wells Fargo analyst Stephen East upgraded LGI Homes to Outperform from Market Perform as the big retrenchment in rates, its Entry Level focus and much better Closings performance the last two months positions its equity to rise. Given that LGI Homes regularly posts the strongest growth and the best gross margin in the group, the analyst believes that valuation is achievable now that it has finally crossed over to Closings growth despite the difficult comps. East also raised his price target on the shares to $58 from $44.

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GRUB

GrubHub

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SBUX

Starbucks

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AAPL

Apple

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WNS Holdings

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ANTM

Anthem

$256.01

5 (1.99%)

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CVS Health

$53.24

0.31 (0.59%)

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Anthem

$256.01

5 (1.99%)

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CVS Health

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0.31 (0.59%)

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RL

Ralph Lauren

$129.74

-2.31 (-1.75%)

09:34
04/26/19
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Upgrade
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SFLY

Shutterfly

$42.30

-0.65 (-1.51%)

09:32
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HTBK

Heritage Commerce

09:32
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