LGI Homes

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It focuses on residential land development business. It operates through the following segments: Central, West, Southeast, Florida,Midwest, Mid-Atlantic and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.

Earnings data Q1 2021

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LGI Homes excels in Q2 2024, eyes growth amidst cost challenges

LGI Homes delivered strong financial performance in Q2 2024, with notable revenue growth, margin improvement, and earnings per share increase.
The company's focus on customer value, employee recognition, and growth targets positions it well for future expansion and profitability.
While challenges related to affordability persist, LGI Homes is poised to capitalize on opportunities through strategic initiatives and market differentiation.

LGI Homes posts strong Q3 results, boosts margins, eyes growth

LGI Homes demonstrated robust financial performance, operational efficiency, and market expansion in Q3 2024, underpinned by improved margins and profitability.
While facing challenges in debt management and market uncertainties, the company's strengths in trustworthiness, financial flexibility, and margin guidance offer a solid foundation for future growth.
By capitalizing on opportunities in housing demand, strategic investments, and technology integration, LGI Homes can navigate challenges and drive sustainable growth in a competitive market landscape.

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LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It focuses on the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, Midwest, Mid-Atlantic, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.

THE WOODLANDS, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Maria Renna Sharpe as a new independent director to its Board.

LGI Homes, Inc. Appoints Maria Renna Sharpe to its Board of Directors

THE WOODLANDS, Texas, Jan. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 1,004 homes in December, a total of 2,526 home closings in the fourth quarter and a record 10,442 home closings for the full year 2021.

LGI Homes Delivers Record Annual Home Closings and Sets Date for Fourth Quarter and 2021 Year End Earnings Conference Call

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According to the All-in-One Screener, a Premium feature of GuruFocus, five homebuilder stocks that have outperformed the Standard & Poor's 500 Index in 2021 yet are not highly overvalued based on the GF Value as of Tuesday are Tri Pointe Homes Inc. ( TPH , Financial), D.R. Horton Inc. ( DHI , Financial), NVR Inc. ( NVR , Financial), Meritage Homes Corp. ( MTH , Financial) and LGI Homes Inc. ( LGIH , Financial).

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Meadows North features single-family homes priced from the $330s in North Branch Meadows North features single-family homes priced from the $330s in North Branch

LGI Homes announces the grand opening of Meadows North, a new community near Minneapolis

LAS VEGAS, Dec. 22, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its newest community in the Las Vegas market, Skyline. Priced from the $300s, this new-construction neighborhood offers a lineup of two-story homes with spacious bedrooms, two-car garages and a multitude of included upgrades.

LGI Homes is Now Selling Upgraded Homes in Las Vegas Market

CHARLOTTE, N.C., Dec. 15, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq: LGIH) announced its further expansion into the Charlotte market with the opening of its newest community, Creedmore Hills.

LGI Homes Announces Opening of Creedmore Hills in Charlotte Market

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This is good news for homeowners, bad news for prospective home buyers, and ultimately great news for housing market investors. As we believe these housing stocks will be big winners throughout the 2020s.

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Wells Fargo analyst Deepa Raghavan upgraded LGI Homes Inc (NASDAQ:LGIH) to Equal Weight from Underweight with a price target of $160, up from $125, implying a 0.82% upside. The analyst believes the stock and expectations reset materially post the Q4 earnings reported on November 2, and got further confirmation of fundamentals having bottomed out for LGI at the analyst day.

Wells Fargo Upgrades LGI Homes To Equal Weight

THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021.

LGI Homes, Inc. Appoints Shailee Parikh to its Board of Directors

THE WOODLANDS, Texas, Dec. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 797 homes in November 2021. The Company ended the first eleven months of 2021 with 9,438 home closings, a 22.4% increase over 7,709 home closings during the first eleven months of 2020.

LGI Homes Reports November 2021 Home Closings

ATLANTA, Dec. 01, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced their expansion into Macon, Georgia with the opening of its newest community, Bridgewood Coves.

LGI Homes Expands Atlanta Presence with Opening of a New Community in Macon, Georgia

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FOOTHILL RANCH, Calif., Nov. 4, 2021 /PRNewswire/ -- LGI Mortgage Solutions, the joint venture formed by loanDepot, the nation's second largest nonbank retail lender and LGI Homes, Inc., one of the fastest growing home builders in the nation, is now offering full-service, residential mortgage solutions and personalized service in Arizona, Colorado and Florida.

LGI Mortgage Solutions, joint venture between loanDepot and LGI Homes, Now Serving Customers in Arizona, Colorado and Florida

THE WOODLANDS, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home closings during the first ten months of 2020.

LGI Homes Reports October 2021 Home Closings

LGI Homes, Inc. (LGIH) CEO Eric Lipar on Q3 2021 Results - Earnings Call Transcript

LGI Homes (LGIH) delivered earnings and revenue surprises of 0.50% and 2.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

LGI Homes (LGIH) Tops Q3 Earnings and Revenue Estimates

THE WOODLANDS, Texas, Nov. 02, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the third quarter and nine months ended September 30, 2021.

LGI Homes Reports Record Third Quarter and Year to Date 2021 Results

LGI Homes (LGIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LGI Homes (LGIH) Earnings Expected to Grow: Should You Buy?

OKLAHOMA CITY, Oct. 19, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced a brand-new line-up of five floor plans in its Oklahoma City-area communities. Priced from the $220s, this new collection of homes offers homebuyers exceptional value for a newly constructed home situated in a premier family-friendly community. To celebrate this new series of homes, LGI Homes will be hosting a one-day-only sales event at each community, later this month.

LGI Homes Introduces New Single-Family Plans in Oklahoma City

Two-story townhomes with a multitude of upgrades included, starting from the mid-$200s Two-story townhomes with a multitude of upgrades included, starting from the mid-$200s

LGI Homes Continues Expansion in the Orlando Market

“Club Liberty” Is Now Open for Residents to Enjoy at Summit at Liberty “Club Liberty” Is Now Open for Residents to Enjoy at Summit at Liberty

LGI Homes Announces the Opening of $9 Million Amenity Center at 55+ Community

THE WOODLANDS, Texas, Oct. 05, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 793 homes in September 2021, compared to 811 homes closed in September 2020. In addition, the Company announced record-breaking quarterly closings of 2,499 during the third quarter of 2021 compared to 2,091 closings in the third quarter of 2020, a 19.5% increase year-over-year. The Company ended the first nine months of 2021 with 7,916 home closings, a 33.5% increase over 5,931 home closings during the first nine months of 2020.

LGI Homes Reports September 2021 and Record-Breaking Third Quarter Closings and Announces Date for Third Quarter Earnings Conference Call

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RALEIGH, N.C., Oct. 01, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc.  (NASDAQ: LGIH) today announced the opening of Riverwalk, a new community located in Raleigh. Spacious townhomes, an incredible location, and all-included upgrades combine for a unique opportunity for affordable homeownership in the Raleigh area.

LGI Homes Offers Townhomes for Sale at Newest Community in Raleigh

Upgraded New Homes on One- to Six-Acre Lots are Now Available at Southern Pines Upgraded New Homes on One- to Six-Acre Lots are Now Available at Southern Pines

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