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.

TopBuild

LGI Homes and TopBuild earnings defied views for declines as housing activity rebounds. LGI Homes stock rose early.

LGI Homes, TopBuild Earnings Defy Views As Housing Sector Rebounds

THE WOODLANDS, Texas, Aug.  04, 2020  (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter and six months ended June 30, 2020.

LGI Homes, Inc. Reports Record Second Quarter and YTD 2020 Results

HOUSTON, July  31, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) announced Terrata Homes is now selling brand-new homes on half-acre lots in a newly released section of  Magnolia Reserve . Located just north of The Woodlands in Magnolia, this is one of Montgomery county’s most desired luxury home communities.

LGI Homes Announces Terrata Homes Now Selling in New Section at Magnolia Reserve

SEATTLE, July  29, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc . (Nasdaq:LGIH) today announced the opening of a new community in the greater Seattle area,  Skyridge Estates , where the builder plans to construct 249 single-family homes. Located in south Snohomish County near US-2, Skyridge Estates offers a variety of one- and two-story homes equipped with LGI’s  CompleteHome™  package competitively priced from the $380s. Residents at Skyridge Estates will enjoy a private community park, picturesque mountain views, and a commuter-friendly location minutes from the employment and amenities of downtown Everett.

LGI Homes Opens New Seattle-Area Community, Skyridge Estates

DENVER, July  27, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) today announced the opening of its newest community conveniently located north of Denver near Fort Collins, Colorado.

LGI Homes Introduces New Community in Prime Location Near Fort Collins

One sign of a good stock is rapid revenue growth.

LGI Homes and Progressive Show Rapid Revenue Growth

LAKELAND, Fla., July  16, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) today announced the opening of a new community in the Lakeland market,  Kensington View , offering an array of high-quality, affordable new homes.

LGI Homes Introduces New Community in Lakeland, Florida

LGI Homes (LGIH) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why LGI Homes (LGIH) Is a Great Growth Stock

D.R. Horton

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For housing stocks, Covid-19 will actually turn into a long-term tailwind by catalyzing increased demand for suburban housing.
The post 5 Housing Stocks Turning Covid-19 Into a Long-Term Tailwind appeared first on InvestorPlace.

5 Housing Stocks Turning Covid-19 Into a Long-Term Tailwind

DALLAS, July  10, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) today announced the opening of three communities in the Dallas-Fort Worth market conveniently located throughout the metroplex: Hampton Meadows, Willowwood and Chisholm Springs.

LGI Homes Opens Three New Communities in Dallas-Fort Worth

RALEIGH, N.C., July  07, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) announced the opening of its newest community in the greater Raleigh area,  Hadleigh at Cedar Creek  , in Youngsville.

LGI Homes Announces Opening of Hadleigh at Cedar Creek

THE WOODLANDS, Texas, July  06, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (NASDAQ: LGIH) today announced 760 home closings in June 2020, up from 651 home closings in June 2019, representing year-over-year growth of 16.7%. In addition, the Company announced record-breaking quarterly home closings of 2,005 during the second quarter of 2020 compared to 1,944 home closings in the second quarter of 2019, a 3.1% increase year-over-year. The Company finished the first six months of 2020 with a total of 3,840 home closings, a 21.1% increase over 3,172 home closings during the first six months of 2019.

LGI Homes, Inc. Reports Record-Breaking June and Second Quarter 2020 Home Closings and Announces Plans to Host Second Quarter 2020 Earnings Call

SAN ANTONIO, July  02, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) today announced the opening of a new community in San Antonio, Texas,  Savannah Place .

LGI Homes Opens New Community in San Antonio

LGI Homes shows rising price performance, earning an upgrade to its IBD Relative Strength Rating.
The post LGI Homes Shows Rising Price Performance With Jump To 91 RS Rating appeared first on Investor's Business Daily.

LGI Homes Shows Rising Price Performance With Jump To 91 RS Rating

Meritage Homes

Get an update on the housing market and three stocks in the housing industry.

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The housing market is on the cusp of a huge recovery, and LGIH stock is one of the most attractively positioned names in the group. 
The post Buy LGI Homes Stock as the Housing Market Recovers appeared first on InvestorPlace.

Buy LGI Homes Stock as the Housing Market Recovers

Bay Vista offers on-site amenities, commuter access, and new homes for sale from the $380,000s in Bremerton. Bay Vista offers on-site amenities, commuter access, and new homes for sale from the $380,000s in Bremerton.

LGI Homes opens new community of move-in-ready homes in Kitsap County

LGI Homes Will Sell The 'Home' In 'Work-From-Home'

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Construction on “Club Liberty” is on track to open for residents in 2021 Construction on “Club Liberty” is on track to open for residents in 2021

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

STOCKTON, Calif., June  18, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (NASDAQ:LGIH) recently opened its newest community in Stockton, California.  LGI Homes at Cornerstone  offers homebuyers affordable, upgraded homes in an exceptional location near the city center.

LGI Homes Opens New Community in Stockton, CA

DENVER, June  16, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (Nasdaq:LGIH) today announced the opening of two new communities, both north of downtown Denver. 

LGI Homes Expands Denver Footprint With the Opening of Two New Communities

The US housing market has been hit hard by the pandemic. The visible impact of the lockdown has been clear, with millions of Americans out of work and few doing any shopping, including major purchases like buying a home. There has just been too much uncertainty about the economy and the potential deadly consequences of the coronavirus.

Opinion: The housing market will bounce back. Not everyone will be able to benefit

New Floor Plans are introduced at Estrella™ by Newland Communities New Floor Plans are introduced at Estrella™ by Newland Communities

LGI Homes Announces New Section Opening at Terrata Homes Community in Phoenix

THE WOODLANDS, Texas, June  03, 2020  (GLOBE NEWSWIRE) --  LGI Homes, Inc.  (NASDAQ: LGIH) today announced 640 home closings in May 2020, compared to 681 home closings in May 2019. The Company ended the first five months of 2020 with a total of 3,080 home closings, a 22.2% increase over 2,521 home closings during the first five months of 2019.

News for LGI Homes Stock (LGIH)