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.

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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.

LGIH's unique operating business model as a 100% spec builder, along with the lighter asset strategy it adopts, generates excess returns on capital. The company maintains a conservative capital structure that enhances its profitability with impressive returns of ROIC at 26% and RoE at 40%.

LGI Homes: A High Performing Homebuilder At A Good Price

Homebuilder offers move-in ready homes priced from the $240s in a highly desirable location in Fort Bend County Homebuilder offers move-in ready homes priced from the $240s in a highly desirable location in Fort Bend County

LGI Homes Opens New Section at Vacek Country Meadows in Richmond, Texas

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The Real Estate-Development industry is well poised to ride its growth curve, driven by property value appreciation, robust demand, and ample capital for real estate investment. HHC, LGIH and GRBK are set to bank on these opportunities.

3 Top Stocks From the Rebounding Real Estate Development Industry

THE WOODLANDS, Texas, Sept. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 776 homes in August 2021, up from 669 homes closed in August 2020, representing year-over-year growth of 16.0%. The Company ended the first eight months of 2021 with 7,123 home closings, a 39.1% increase over 5,120 home closings during the first eight months of 2020.

LGI Homes Reports Record August 2021 Home Closings

LGI Homes (LGIH) is well positioned to outperform the market, as it exhibits above-average growth in financials.

LGI Homes (LGIH) is an Incredible Growth Stock: 3 Reasons Why

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OMF, APA, FBIZ, and LGIH made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 27, 2021

Top Ranked Value Stocks to Buy for August 27th

DALLAS, Aug. 27, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of two new communities in the Dallas-Fort Worth market, Shadowbend and Big Sky Estates.

LGI Homes Expands Dallas-Fort Worth Footprint With Two New Communities

THE WOODLANDS, Texas, Aug. 25, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that Laura Miller is resigning from LGI Homes' Board of Directors (the “Board”) so that she may focus her efforts on other professional responsibilities.

LGI Homes Announces Director Resignation

LGI Homes (LGIH) has been struggling lately, but the selling pressure may be coming to an end soon.

LGI Homes (LGIH) Sees Hammer Chart Pattern: Time to Buy?

Let's see if LGI Homes (LGIH) stock is a good choice for value-oriented investors right now from multiple angles.

Is LGI Homes (LGIH) a Great Stock for Value Investors?

LGI Homes Inc (NASDAQ: LGIH) reported 930 home closings in July 2021, a 52.2% increase year-on-year. The builder has closed 6,347 homes in 2021 year-to-date, representing a 42.6% growth Y/Y.

LGI Homes Records 52% Growth In July Home Closings

THE WOODLANDS, Texas, Aug. 04, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 930 homes in July 2021, up from 611 homes closed in July 2020, representing year-over-year growth of 52.2%. The Company ended the first seven months of 2021 with 6,347 home closings, a 42.6% increase over 4,451 home closings during the first seven months of 2020.

LGI Homes Reports July 2021 Home Closings

LGI Homes, Inc. (LGIH) CEO Eric Lipar on Q2 2021 Results - Earnings Call Transcript

LGI Homes (LGIH) delivered earnings and revenue surprises of 26.61% and 7.57%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

LGI Homes (LGIH) Q2 Earnings and Revenues Top Estimates

THE WOODLANDS, Texas, Aug. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter and six months ended June 30, 2021.

LGI Homes Reports Record Breaking Second Quarter 2021 Results

LGI Homes (LGIH) possesses solid growth attributes, which could help it handily outperform the market.

Here is Why Growth Investors Should Buy LGI Homes (LGIH) Now

LGI Homes at Riverstone offers single-family homes priced from the $290s LGI Homes at Riverstone offers single-family homes priced from the $290s

LGI Homes Opens in Resort-Style Lakeland Community

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Benzinga's weekly Stock Wars matches up two leaders in a major industry sector, with the goal of determining which company is the better investment. This week, the duel is between a pair of homebuilding companies: KB Home (NYSE: KBH) and LGI Homes Inc (NASDAQ: LGIH).

Stock Wars: KB Home Vs. LGI Homes

LGI Homes (LGIH) possesses 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) Reports Next Week: Wall Street Expects Earnings Growth

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The current situation around housing prices is not ideal. But if you play your cards right, you can profit from real estate moonshots.

Housing Prices Are Absurd. Don't Get Mad — Get Even.

CROWLEY, Texas, July 16, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the company's return to a highly-coveted community in the Dallas-Fort Worth market, Lasater Ranch. This premier community in Crowley, Texas, offers homebuyers the opportunity to own a brand-new single-family home in an exceptional location.

LGI Opens New Section of Homes in Popular Dallas-Fort Worth Community

THE WOODLANDS, Texas, July 15, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it acquired the real estate assets of Buffington Homebuilding Group, Ltd. (“Buffington”), one of the largest privately held homebuilders in Austin, Texas, for approximately $40 million in cash at closing, subject to post-closing adjustments. This acquisition further expands LGI Homes' land position in the highly attractive Central Texas market and marks another important step forward in LGI Homes' goal to become a top five national homebuilder. The acquired assets include over 100 homes under construction, over 350 finished lots and control of approximately 150 additional finished lots that will be available for future sales. The acquired communities increase LGI's entry-level scale and create the opportunity to introduce its luxury Terrata Homes brand to the Austin market.

LGI Homes Acquires Real Estate Assets of Central Texas Homebuilder

3 Reasons Why Growth Investors Shouldn't Overlook LGI Homes (LGIH)

LGI Homes Inc (NASDAQ: LGIH) reported that it closed 997 homes in June 2021, representing a 31.2% year-on-year growth. The company also posted a 42.4% Y/Y growth in the second quarter home closings.

LGI Homes Posts 31% Growth In June Home Closings

THE WOODLANDS, Texas, July 06, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 997 homes in June 2021, up from 760 homes closed in June 2020, representing year-over-year growth of 31.2%. In addition, the Company announced record-breaking quarterly closings of 2,856 during the second quarter of 2021 compared to 2,005 closings in the second quarter of 2020, a 42.4% increase year-over-year. The Company finished the first six months of 2021 with a total of 5,417 closings, a 41.1% increase over 3,840 closings during the first six months of 2020.

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