Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Shivani Kumaresan

Why Are LGI Homes Shares Trading Lower Today

LGI Homes LGIH BTIG Nasdaq

BTIG analyst Carl Reichardt downgraded LGI Homes (NASDAQ:LGIH) to Sell from Neutral with a $98 price target, implying an 11% downside.
Carl showed concern about the company’s reliance on single-family rental investors for delivery volume and the impact of higher rates on those customers.
The analyst thinks that LGI has a higher demand risk profile than its public peers.
LGI closed 499 homes in February 2022.
Price Action: LGIH shares are trading lower by 8.46% at $110.04 on the last check Wednesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Republican support wavers for Mike Johnson’s re-election as House speaker

Republican support wavers for Mike Johnson’s re-election as House speaker

Despite Donald Trump’s endorsement, Johnson is facing criticism for his handling of the government budget battle

The Guardian - US

Three American family members killed and teen fights for his life after shooting while on vacation in Mexico

Three American family members killed and teen fights for his life after shooting while on vacation in Mexico

Vicente Peña Jr., 38, and Antonio ‘Tony’ Fernandez, 44, both of Chicago, were killed in the shooting, along with 22-year-old Jorge Eduardo Vargas Aguirre

The Independent UK

Manhunt underway after three bodies found in rural Wisconsin home

Manhunt underway after three bodies found in rural Wisconsin home

Police say one of the children was picked up from Monroe County and last seen with Virgil Thew

The Independent UK

What did US election officials learn about our democracy from 2024’s vote?

What did US election officials learn about our democracy from 2024’s vote?

Officials have faced threats and harassment campaigns since 2020. Here’s where election denialism stands now

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Bible Back in Texas Schools After Being Pulled for Sexual Content

Bible Back in Texas Schools After Being Pulled for Sexual Content

Canyon Independent School District pulled sections of the Bible from its library shelves over concerns that its "sexually explicit" material violated Texas law.

Puerto Rico power outage leaves most of island in the dark on New Year’s Eve

Puerto Rico power outage leaves most of island in the dark on New Year’s Eve

Less than 13 percent of customers had power on Tuesday morning as the country prepared to celebrate the new year

The Independent UK

Related Stories

Top stories on inkl right now

Republican support wavers for Mike Johnson’s re-election as House speaker

Republican support wavers for Mike Johnson’s re-election as House speaker

Despite Donald Trump’s endorsement, Johnson is facing criticism for his handling of the government budget battle

The Guardian - US

Three American family members killed and teen fights for his life after shooting while on vacation in Mexico

Three American family members killed and teen fights for his life after shooting while on vacation in Mexico

Vicente Peña Jr., 38, and Antonio ‘Tony’ Fernandez, 44, both of Chicago, were killed in the shooting, along with 22-year-old Jorge Eduardo Vargas Aguirre

The Independent UK

Manhunt underway after three bodies found in rural Wisconsin home

Manhunt underway after three bodies found in rural Wisconsin home

Police say one of the children was picked up from Monroe County and last seen with Virgil Thew

The Independent UK

What did US election officials learn about our democracy from 2024’s vote?

What did US election officials learn about our democracy from 2024’s vote?

Officials have faced threats and harassment campaigns since 2020. Here’s where election denialism stands now

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Bible Back in Texas Schools After Being Pulled for Sexual Content

Bible Back in Texas Schools After Being Pulled for Sexual Content

Canyon Independent School District pulled sections of the Bible from its library shelves over concerns that its "sexually explicit" material violated Texas law.

Puerto Rico power outage leaves most of island in the dark on New Year’s Eve

Puerto Rico power outage leaves most of island in the dark on New Year’s Eve

Less than 13 percent of customers had power on Tuesday morning as the country prepared to celebrate the new year

The Independent UK

Our Picks

UK teenage girls outdrink boys by widest margin in Europe, study finds

More than a third of 15-year-old girls and less than a quarter of boys in UK say they repeatedly get drunk, OECD says

The Guardian - UK

The dill of a lifetime? In a nation that’s enduring its own sour patch, the pickle dominated 2024

When did we know for sure

The Independent UK

Australian protein bar taste test: the winner is ‘giving fitness, but not entirely unpleasant’

From slabs with ‘dreaded’ soy nuggets to those that resemble a Milky Way, Jess Ho trials 10 protein bars and sorts through the sweet, the sticky and the downright sickly

The Guardian - AU

Porn shown in Spotify search results after content moderation failures

Spotify users have found porn videos appearing in their search results

Evening Standard

2024 Made These "Controversial" Shoe Trends a Lot Less Polarizing

There's nothing divisive in footwear anymore.

Moderate Drinking Linked to Lower Overall Mortality Rate, Says National Academy of Sciences

So let's all enjoy a moderate toast to a Happy New Year!

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play