Landsea Homes

Landsea Homes Corp. provides building construction services. It has developed homes and communities in New York, Boston, New Jersey, Arizona, Florida, Texas. The company was founded in 2013 and is headquartered in Newport Beach, CA.

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Landsea Homes reports record revenue in 2022 amidst market challenges

Landsea Homes delivered a strong performance in 2022, achieving record revenue and demonstrating resilience in the face of market challenges.
The company's strategic initiatives to enhance operational efficiency, manage costs, and preserve backlog highlight a focus on long-term sustainability.
While facing headwinds from rising mortgage rates, Landsea Homes remains well-positioned with a healthy balance sheet and a prudent approach to growth.
Guidance for Q1 2023 signals a positive outlook with improving order activity and a strategic focus on managing home deliveries and gross margins.

Landsea Homes reports $3.2M net income in Q1 2023, focuses on strategic growth

Landsea Homes delivered a solid performance in Q1 2023, with notable achievements in net income, sales revenue, and liquidity. The company's strengths lie in effective pricing strategies, liquidity position, and strategic guidance for future deliveries. While facing challenges in revenue decline and leverage, Landsea Homes can leverage opportunities for growth through market expansion and product optimization.

Landsea Homes surpasses Q2 earnings, eyes growth in Texas

Landsea Homes delivered strong financial performance in Q2 2023, exceeding expectations and demonstrating resilience in the housing market.
The company's strategic moves, such as capital raising, share repurchases, and relocation, position it well for future growth and profitability.
While facing challenges in certain markets and margin guidance, Landsea Homes remains optimistic about leveraging positive housing fundamentals and cost efficiencies.
With a focus on expanding in Texas and optimizing profit opportunities, Landsea Homes is poised for continued success in the coming quarters.

Landsea Homes reports robust Q3 earnings, eyes growth opportunities

Landsea Homes demonstrated strong financial performance, strategic acquisitions, and prudent financial management in Q3 2023, positioning itself for growth.
While facing challenges in operational efficiency and market dynamics, the company's focus on growth opportunities and cost management is key to sustained success.
Overall, Landsea Homes' performance, strengths, and proactive measures to address challenges and leverage opportunities indicate a positive outlook for future growth and profitability.

Landsea Homes (LSEA) excels in Q4 2023, eyes growth opportunities

Landsea Homes (LSEA) delivered a strong performance in Q4 2023, surpassing expectations in profitability and order activity.
The company's strategic initiatives in 2023 laid a solid foundation for growth, with a focus on operational efficiency and financial discipline.
Challenges lie in maintaining momentum amidst market uncertainties, but opportunities abound in leveraging strengths like Landsea Title and spec inventory strategy.
Balancing growth strategies with prudent financial management will be key to navigating the competitive landscape and driving sustainable success.

Landsea Homes (LSEA) reports robust Q1 growth and strategic acquisitions

Landsea Homes (LSEA) delivered strong Q1 performance with robust top-line growth, solid order activity, and improved SG&A expenses. The acquisition of Antares Homes in Texas and capital market transactions added stability to the balance sheet.
Challenges include net income impact from transaction costs and the need to enhance gross margin. Opportunities lie in optimizing profitability, leveraging post-acquisition, and capitalizing on the strong housing demand.

Landsea Homes excels in Q2, poised for growth and profitability

Landsea Homes demonstrated strong financial performance and operational efficiency in Q2 2024, surpassing revenue expectations and achieving growth in new orders and community count.
The company's strategic focus on improving gross margins, managing costs, and enhancing delivery volumes positions it well for future success and profitability.
While facing challenges in debt management and market uncertainties, Landsea Homes has opportunities to leverage its strengths and drive sustainable growth through operational excellence and market expansion.

Landsea Homes reports strong Q3 earnings, eyes growth opportunities

Landsea Homes demonstrated robust financial performance and operational efficiency in Q3 2024, driven by revenue growth, margin improvement, and strategic market focus.
While facing challenges such as market volatility and operational complexities, the company's strengths in financial management, product innovation, and market positioning provide a solid foundation for future growth.
By leveraging opportunities in favorable market conditions, innovation in home features, and expansion strategies, Landsea Homes is well-positioned to capitalize on growth prospects and navigate industry challenges effectively.

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Landsea Homes Corp. provides building construction services. It has developed homes and communities in California, Metro New York, Boston, New Jersey, Arizona, Florida, and Texas. The company was founded in 2013 and is headquartered in Newport Beach, CA.

PALM BAY, Fla., Aug. 3, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has added 68 new homesites to its existing 131 homes at Country Club Estates located in Northwest Palm Bay, Florida.

Landsea Homes Closes On 68 Additional Homesites At Country Club Estates In Palm Bay, Florida

NEWPORT BEACH, Calif., July 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that William "Billy" Forge will serve as Vice President of Homebuilding Operations for the Company's Florida Division.

Landsea Homes Announces William Forge as New vice President of Homebuilding Operations in Florida

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NEWPORT BEACH Calif., July 23, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, will conduct a conference call on Friday, August 6, 2021, at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call.

Landsea Homes Sets Second Quarter 2021 Conference Call for Friday, August 6, 2021, at 10:00 a.m. ET

PHOENIX, July 8, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that homes will open for sale in North Central Phoenix, Arizona beginning Saturday, July 17 th. Madison Square consists of 40 single-family homes.

Landsea Homes Opens For Sale In North Central Phoenix

GOODYEAR, Ariz., June 28, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 616 homesites at Citrus Park in Goodyear, Arizona.

Landsea Homes Acquires 616 Homesites at Citrus Park

BUCKEYE, Ariz., June 16, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 247 homesites at Bentridge, located in the heart of Buckeye, Arizona.

Landsea Homes Acquires 247 Homesites At Bentridge In Buckeye, Arizona

SURPRISE, Ariz., May 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 193 additional homesites at North Copper Canyon in Surprise, Arizona.

Landsea Homes Closes on 193 Additional Homesites at North Copper Canyon

GRANT-VALKARIA, Fla., May 17, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 108 new homesites in the Eagle Crest gated community located in Grant-Valkaria, Florida.

Landsea Homes Closes on 108 New Homesites at Eagle Crest in Grant-Valkaria, Florida

ALAMEDA, Calif., May 10, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today the acquisition of 182 homesites at the Alameda Marina master-planned community in Alameda, California that will celebrate the regions historic Marina Waterfront.

Landsea Homes Acquires 182 Waterfront Homesites In Alameda, California

NEWPORT BEACH, Calif., May 4, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today it closed the purchase of Vintage Estate Homes, a Florida-based homebuilder with communities in Florida and Texas, for $54.6 million in cash.

Landsea Homes Closes Acquisition Of Vintage Estate Homes

NEWPORT BEACH, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, will conduct a conference call on Thursday, May 6, 2021, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2021. The company will report its financial results in a press release prior to the conference call.

Landsea Homes Sets First Quarter 2021 Conference Call for Thursday, May 6, 2021, at 5:00 p.m. ET

NEWPORT BEACH, Calif., April 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today it has entered into a definitive agreement to acquire Vintage Estate Homes, a Florida-based homebuilder with communities in Florida and Texas.

Landsea Homes To Expand Into Florida And Texas Housing Markets With Agreement To Acquire Vintage Estate Homes

ANAHEIM, Calif., April 20, 2021 /PRNewswire/ -- Landsea Homes Corporation (NASDAQ: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today announced that it plans on building 65 homes for a new community called Nolin in Anaheim, CA.

Landsea Homes Plans To Build 65 New Homes In Anaheim

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SAN JUAN CAPISTRANO, Calif., April 12, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced the acquisition of 132 new homesites in San Juan Capistrano, California located within walking distance to the city's historic district.

Landsea Homes Acquires 132 New Homesites In California's Historical San Juan Capistrano

Full Year Total Home Sales Increase 29% Versus 2019, With Backlog Up Over Sixfold Full Year Total Home Sales Increase 29% Versus 2019, With Backlog Up Over Sixfold

Landsea Homes Reports Fourth Quarter and Full Year 2020 Results, Reiterates Strong 2021 Outlook

WEEHAWKEN, N.J., March 10, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, has announced that Avora, its contemporary waterfront condominium community in Weehawken, is nearly 90% sold.

Landsea Homes' Avora Community Is Nearly Sold Out

NEWPORT BEACH, Calif., March 04, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, will conduct a conference call on Thursday, March 11, 2021, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2020. The company will report its financial results in a press release prior to the conference call.

Landsea Homes Sets Fourth Quarter and Full Year 2020 Conference Call for Thursday, March 11, 2021, at 5:00 p.m. ET

NEWPORT BEACH, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, is reporting select unaudited preliminary financial results and operational highlights for the fourth quarter and full year ended December 31, 2020. The unaudited results are subject to the completion of Landsea Homes' quarterly and yearly financial reporting processes and the preparation of the unaudited financial statements for the quarter and year.

Landsea Homes Reports Select Preliminary Financial Results and Operational Highlights for the Fourth Quarter and Full Year 2020

NEWPORT BEACH, Calif., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, has announced it will ring the Nasdaq closing bell on January 21, 2021, in celebration of going public through its recently completed business combination with LF Capital Acquisition Corp. on January 7, 2021.

News for Landsea Homes Stock (LSEA)