Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

LGI Homes reports 376 closings in February, expands to 117 communities

EditorNatashya Angelica
Published 05/03/2024, 22:06
Updated 05/03/2024, 22:06
© Reuters.

THE WOODLANDS, Texas - LGI Homes , Inc. (NASDAQ: NASDAQ:LGIH), a Texas-based homebuilder, announced it has closed on 376 homes in the month of February. The company, which operates across 21 states in 36 markets, also reported that as of February 29, 2024, it has expanded its operations to include 117 active selling communities.

The company, founded in 2003, has been recognized for its systematic approach to homebuilding, which has contributed to its growth as one of America’s fastest-growing companies. Over the past two decades, LGI Homes has closed over 65,000 homes and has consistently delivered profitable financial results each year.

LGI Homes has earned a reputation for quality construction and customer service, which has been acknowledged by Newsweek's list of the World's Most Trustworthy Companies. The company's commitment to excellence is also reflected in the workplace, with LGI Homes receiving numerous awards, including the Top Workplaces USA 2023 Award.

The company's operational model is geared towards making homeownership attainable for families nationwide. This model has been a cornerstone of LGI Homes' success, as indicated by the steady increase in the number of homes closed and communities active.

The information provided in this report is based on a press release statement from LGI Homes, Inc. The company's focus on expanding its presence and maintaining high standards of construction and customer service continues to be central to its business strategy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.