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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

LGI Homes (LGIH) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $3.25 per share a year ago.

LGI Homes (LGIH) Q1 Earnings Lag Estimates

Century Communities

Hovnanian Enterprises

M.D.C. Holdings

Toll Brothers

Homebuilders remain a surprisingly strong sector as we head toward summer. New names have emerged and are in buy zones.

Homebuilder Stocks Still The Place To Be; Two In Buy Zones And Two Set To Report Earnings

THE WOODLANDS, Texas, May 02, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the first quarter ended March 31, 2023.

LGI Homes Reports First Quarter 2023 Results and Updates Guidance for 2023

AUSTIN, Texas, April 20, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling its newest section at the master planned community, Whisper Valley, in Manor, TX.

LGI Homes Expands the Terrata Homes Brand in the Austin Market with the Opening of a New Section at Whisper Valley

LGI Homes: Cooling Inflation Is Building Optimism

THE WOODLANDS, Texas, April 17, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) celebrates 20 years of making the dream of homeownership a reality for families across the country.

LGI Homes, Inc. Celebrates 20 Years of Homebuilding Excellence

Hightop Ridge features an exceptional lineup of single-family homes from the low-$300s Hightop Ridge features an exceptional lineup of single-family homes from the low-$300s

LGI Homes Opens New Section at Popular Community in Converse

THE WOODLANDS, Texas, April 05, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 529 homes in March 2023. In addition, the Company announced quarterly home closings of 1,366 during the first quarter of 2023.

LGI Homes, Inc. Reports March and First Quarter 2023 Home Closings and Announces Date for First Quarter Earnings Conference Call

IOWA COLONY, Texas, April 04, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling its newest community in the Houston, TX market, Sierra Vista. This amenity-rich community offers homebuyers a variety of new, upgraded homes with spacious layouts and modern finishes.

Terrata Homes Expands Presence With a New Community in Iowa Colony

ANNANDALE, Minn., March 28, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the opening of a new community in the Minneapolis, Minnesota market, Triplett Farms.

LGI Homes Announces its Newest Community in the Minneapolis Market

CONYERS, Ga., March 23, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the opening of a new community in the Atlanta, Georgia market, Avondale North.

LGI Homes Announces Grand Opening of New Community Near Atlanta

BOLIVIA, N.C., March 21, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of its newest community, New South Bridge, located in Bolivia, NC.

LGI Homes Announces Its Newest Community in the Wilmington, NC Market

VANCOUVER, Wash., March 17, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community, in Vancouver, Washington. LaLonde Creek offers homebuyers affordable, upgraded homes in an exceptional location near the city centers of Portland and Vancouver.

LGI Homes Opens New Community in Portland Market

Hidden Valley Farm features an incredible lineup of single-family homes from the $480s Hidden Valley Farm features an incredible lineup of single-family homes from the $480s

LGI Homes Opens New Phase at Hidden Valley Farm Near Fort Collins

Countrywalk Estates offers new construction, single-family homes from the $360s Countrywalk Estates offers new construction, single-family homes from the $360s

LGI Homes Opens New Community in Casa Grande

Red Rock Village features a stunning lineup of single-family homes priced from the low-$300s Red Rock Village features a stunning lineup of single-family homes priced from the low-$300s

LGI Homes Opens New Community near Tucson

THE WOODLANDS, Texas, March 03, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 506 homes in February 2023.

LGI Homes, Inc. Reports February 2023 Home Closings

POINCIANA, Fla., March 01, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced a new community opening in Poinciana, Florida. Noah Estates at Tuscany Preserve is ideally positioned and offers a wide variety of amenities for all ages.

LGI Homes Is Now Selling in a New Community in Poinciana, Florida

Unprecedented event will utilize 24-hour-a-day schedule to build four new homes for four deserving families Unprecedented event will utilize 24-hour-a-day schedule to build four new homes for four deserving families

Habitat For Humanity, LGI Homes and Its Blitz Build Partners to Build Four Homes in One Week

Ridgeview features an exceptional lineup of single-family homes from the $360s Ridgeview features an exceptional lineup of single-family homes from the $360s

LGI Homes Expands Footprint in Phoenix Market with Newest Community Opening

LGI Homes (LGIH) delivered earnings and revenue surprises of 6.62% and 9.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

LGI Homes (LGIH) Tops Q4 Earnings Estimates

LGI Homes, Inc. (NASDAQ:LGIH ) Q4 2022 Earnings Conference Call February 21, 2023 12:30 PM ET Company Participants Josh Fattor - Vice President, Investor Relations Eric Lipar - Chief Executive Officer and Chairman Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Michael Rehaut - JPMorgan Truman Patterson - Wolfe Research Carl Reichardt - BTIG Jay McCanless - Wedbush Securities Alex Barron - Housing Research Center Operator Hello and welcome to LGI Homes Fourth Quarter 2022 Conference Call. Today's call is being recorded and a replay will be available on the company's website at www.lgihomes.com.

LGI Homes, Inc. (LGIH) Q4 2022 Earnings Call Transcript

THE WOODLANDS, Texas, Feb. 21, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the fourth quarter and year ended December 31, 2022.

LGI Homes, Inc. Reports Fourth Quarter and Full Year 2022 Results and Issues Guidance for 2023

WEEKI WACHEE, Fla., Feb. 15, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced further expansion into the Tampa area with the opening of Royal Highlands, located in Weeki Wachee, FL. Homeowners will enjoy the convenience of living only minutes from Spring Hill and near an abundance of outdoor activities.

LGI Homes Announces Opening of New Tampa Community, Royal Highlands

New Construction Homes Now Available at Lago Mar, a Land Tejas Community New Construction Homes Now Available at Lago Mar, a Land Tejas Community

News for LGI Homes Stock (LGIH)