THE WOODLANDS, Texas, Sept. 03, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 409 homes in August 2026, including 9 currently or previously leased single-family rental homes. This represents a 9.9% increase compared to 372 homes closed in August 2025.
As of August 31, 2026, the Company had 153 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President of Finance and Capital Markets
Head of Investor Relations
(281) 210-2586 [email protected]
Hsbc Holdings PLC acquired a new position in LGI Homes, Inc. (NASDAQ:LGIH – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,343 shares of the financial services provider’s stock, valued at approximately $914,000. Hsbc Holdings PLC owned about 0.06% of LGI Homes at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of LGI Homes in the second quarter worth about $226,799,000. Atlas FRM LLC bought a new stake in LGI Homes during the 2nd quarter valued at approximately $61,578,560. Bank of New York Mellon Corp purchased a new position in LGI Homes in the 2nd quarter worth approximately $7,625,000. CDAM UK Ltd boosted its stake in LGI Homes by 15.4% in the 4th quarter. CDAM UK Ltd now owns 743,153 shares of the financial services provider’s stock worth $31,926,000 after purchasing an additional 99,090 shares during the period. Finally, Voloridge Investment Management LLC boosted its stake in LGI Homes by 118.5% in the 3rd quarter. Voloridge Investment Management LLC now owns 155,012 shares of the financial services provider’s stock worth $8,016,000 after purchasing an additional 84,079 shares during the period. 84.89% of the stock is owned by hedge funds and other institutional investors.
LGI Homes Trading Down 3.9% Shares of LGIH opened at $53.74 on Wednesday. LGI Homes, Inc. has a fifty-two week low of $33.55 and a fifty-two week high of $69.50. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.61 and a current ratio of 17.74. The company’s fifty day moving average is $58.98 and its 200 day moving average is $50.80. The stock has a market capitalization of $1.25 billion, a PE ratio of 18.86 and a beta of 1.84.
LGI Homes (NASDAQ:LGIH – Get Free Report) last posted its earnings results on Tuesday, August 4th. The financial services provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $516.05 million for the quarter, compared to the consensus estimate of $489.23 million. LGI Homes had a net margin of 3.88% and a return on equity of 3.55%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.36 EPS. Analysts Set New Price Targets LGIH has been the subject of a number of research analyst reports. Weiss Ratings lowered shares of LGI Homes from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 20th. Wall Street Zen upgraded shares of LGI Homes from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $72.75.
View Our Latest Analysis on LGI Homes
About LGI Homes (Free Report)
LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.
In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.
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THE WOODLANDS, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it has been named one of U. S. News and World Report's 2026-2027 Best Companies to Work For, earning recognition in the Real Estate and Facilities Management category and ranking among the Best Companies to Work For in the South.
August 05, 2026 17:36 ET | Source: LGI Homes, Inc.
THE WOODLANDS, Texas, Aug. 05, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 427 homes in July 2026, including 16 currently or previously leased single-family rental homes. This represents a 12.1% increase compared to 381 homes closed in July 2025.
As of July 31, 2026, the Company had 152 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President of Finance and Capital Markets
(281) 210-2586 [email protected]
Congress Beat the Market Again—Here Are the 3 Stocks They BoughtLGI Homes NASDAQ: LGIH reported second-quarter results that included higher home deliveries, improved gross-margin guidance and continued debt reduction, while management said affordability pressures and elevated mortgage rates continued to weigh on demand and cancellations.
The company delivered 1,440 homes in the second quarter, up 9% from a year earlier. Of those deliveries, 1,365 new-home closings contributed $501.5 million in homebuilding revenue, while 75 currently or previously leased-home closings were reflected in other income. Total revenue was $516 million, including $14.5 million from land and lot sales and leasing operations.
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Investors Are Buying The Dip In LGI Homes StockChief Executive Officer and Chairman Eric Lipar said LGI's average selling price for new homes rose above $367,000 during the quarter. The company continued to use targeted discounts on older inventory and financing incentives to support affordability.
Margins Exceed Guidance Midpoint Homebuilding gross margin was 19.8%, while adjusted homebuilding gross margin was 23.2%, both above the midpoint of the guidance range LGI had raised during its prior earnings call. The adjusted figure excluded $16.5 million of capitalized interest and $544,000 related to purchase accounting.
Lipar attributed the stronger-than-expected margin performance to a combination of land-development profits, sales mix, conservative initial assumptions on incentives, lower house costs from a year earlier and progress reducing older inventory. He said homes now closing from newer inventory carry higher gross margins, though margins remain down year over year and the company continues to offer customer incentives.
Selling, general and administrative expenses totaled $72.7 million, or 14.1% of total revenue, improving 40 basis points from a year earlier. Selling expenses were $44.1 million, or 8.6% of revenue, as LGI increased spending to generate leads. General and administrative expenses were $28.6 million, or 5.5% of revenue, compared with 6% a year ago.
LGI generated adjusted EBITDA of $58.7 million, equal to 11.4% of total revenue. Net income was $27 million, or $1.16 per basic and diluted share, while pretax income totaled $36.6 million.
Orders Decline as Backlog Expands Net orders declined 4.8% to 1,039 homes in the second quarter from 1,091 homes a year earlier. Chief Financial Officer and Treasurer Charles Merdian said the decline reflected affordability pressures, higher mortgage rates and elevated energy costs related to the conflict in the Middle East.
The cancellation rate increased to 49.4% from 32.7% in the prior-year period. Merdian said a broader pool of buyers needed more time to complete the purchase process.
Despite the order decline, LGI ended June with backlog of 1,298 homes valued at $525.5 million, increases of 60.6% and 63%, respectively, from a year earlier. Lipar said the larger backlog reflects continued interest in homeownership as well as a longer buying process for customers navigating financing qualification requirements.
LGI averaged 3.2 total closings per active community per month during the quarter. Its strongest markets by that measure were Atlanta, Southern California, Charlotte, Las Vegas and Albuquerque.
Community Growth and Land Opportunities The company ended the quarter with 151 active communities, up 3.4% from a year earlier and already at the low end of its full-year target range. Lipar said LGI expected to report 152 active communities following its July results, which would represent the highest active community count in company history.
Management said land-market conditions have begun to improve, with more opportunities becoming available and transaction economics improving. The company is seeing smaller projects and projects later in the development process, which can offer greater certainty around costs and demand.
However, Merdian said most newly evaluated land opportunities would likely affect community count in 2028 because development timelines remain about 12 to 18 months. Management also said finished or partially developed lot opportunities can be more immediately accretive because they can be converted more quickly.
As of June 30, LGI owned and controlled 57,406 lots, down 11.4% from a year earlier and 2.7% sequentially. The company said this was its sixth consecutive quarter of reducing its lot position while concentrating capital in markets where demand and returns support investment.
Debt Declines, Full-Year Outlook Raised LGI reduced total debt by about $129 million from the prior quarter and approximately $160 million from a year earlier. The company ended June with just under $1.6 billion of debt, including $449 million outstanding on its revolver. Its debt-to-capital ratio declined 220 basis points sequentially to 42.6%, while net debt-to-capital fell 240 basis points to 41.6%.
Liquidity totaled $468 million, consisting of $61 million of cash and $406.9 million available under the company’s credit facility. Stockholders’ equity exceeded $2.1 billion, and book value per share was $91.73.
Pending verification of fundings, LGI said it expected to report 425 July closings, up 11.5% from a year earlier, bringing year-to-date closings to 2,781 homes. Management maintained its full-year closing outlook of 4,600 to 5,400 homes and expects to finish the year with 150 to 160 active communities.
The company raised its full-year average selling price outlook by $5,000 at both ends of the prior range to $360,000 to $370,000. It also lifted expected homebuilding gross margin by 50 basis points to 19% to 21% and adjusted homebuilding gross margin to 22.5% to 24.5%. LGI continues to expect SG&A to equal 15% to 16% of revenue.
About LGI Homes (NASDAQ:LGIH)LGI Homes, Inc NASDAQ: LGIH is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.
In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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THE WOODLANDS, Texas, Aug. 04, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter and the six months ended June 30, 2026.
“We delivered strong results during the second quarter, exceeding expectations across key metrics while navigating a dynamic operating environment,” said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes.
“During the quarter, we delivered 1,440 homes, an 8.8% increase year-over-year, generating total revenues of $516.0 million and homebuilding revenues of $501.5 million.
“We ended the quarter with 151 active communities, achieving the low end of our full year guidance just six months into the year, and representing an increase of 3.4% compared to the same time last year.
“Homebuilding gross margin of 19.8% and adjusted homebuilding gross margin of 23.2% both exceeded the midpoint of our previously increased guidance range, reflecting our disciplined approach to pricing, incentives, and inventory management and the continued benefits of our self-development platform.
“We made significant progress strengthening our balance sheet during the quarter, reducing debt by $128.6 million and ending the period with a debt-to-capital ratio of 42.6%, a 220 basis point improvement year-over-year.
“On the strength of our outperformance in the first half of the year, we are raising our full-year gross margin guidance for the second consecutive quarter. We now expect our homebuilding gross margin will range between 19.0% and 21.0% and adjusted homebuilding gross margin between 22.5% and 24.5%. We are also raising the guidance for our full-year average sales price per home closed to between $360,000 and $370,000.”
Mr. Lipar concluded, “With strong visibility into the second half of the year, we are confident in achieving all of our objectives for 2026 and remain focused on balancing sales pace, profitability, and inventory management as we create long-term value for our shareholders.”
Second Quarter 2026 Highlights and Comparisons to Second Quarter 2025
Homebuilding revenues of $501.5 million, an increase of 3.7%Total home closings of 1,440, including 75 currently and previously leased homes, an increase of 8.8%Home closings of 1,365, an increase of 3.2%Average sales price per home closed of $367,407, an increase of 0.5%Homebuilding gross margin as a percentage of homebuilding revenues of 19.8%Adjusted homebuilding gross margin* as a percentage of homebuilding revenues of 23.2%Net income before income taxes of $36.6 millionNet income of $27.0 million or $1.16 basic EPS and $1.16 diluted EPS Six Months Ended June 30, 2026 Highlights and Comparisons to Six Months Ended June 30, 2025
Homebuilding revenues of $821.2 million, a decrease of 1.6%Total home closings of 2,356, including 110 currently and previously leased homes, an increase of 1.6%Home closings of 2,246, a decrease of 3.1%Average sales price per home closed of $365,649, an increase of 1.6%Homebuilding gross margin as a percentage of homebuilding revenues of 19.4%Homebuilding gross margin excluding inventory impairment* as a percentage of homebuilding revenues of 20.0%Adjusted homebuilding gross margin* as a percentage of homebuilding revenues of 23.3%Net income before income taxes of $40.9 millionNet income of $29.1 million or $1.26 basic EPS and $1.25 diluted EPSAdjusted net income* of $32.6 million, or $1.41 adjusted basic EPS* and $1.40 adjusted diluted EPS* *Please see “Non-GAAP Measures” for a reconciliation of Homebuilding Gross Margin Excluding Inventory Impairment (a non-GAAP measure) and Adjusted Homebuilding Gross Margin (a non-GAAP measure) to Homebuilding Gross Margin, and Adjusted Net Income (a non-GAAP measure) to Net Income, the most directly comparable GAAP measures, and for calculations of adjusted basic EPS and adjusted diluted EPS.
Balance Sheet Highlights
Total liquidity of $468.0 million at June 30, 2026, including cash and cash equivalents of $61.1 million and $406.9 million of availability under the Company’s revolving credit facilityNet debt to capital ratio* of 41.6% at June 30, 2026 *Please see “Non-GAAP Measures” for a reconciliation of net debt to capital ratio (a non-GAAP measure) to debt to capital ratio, the most directly comparable GAAP measure.
Full Year 2026 Outlook
Subject to the caveats in the Forward-Looking Statements section of this press release and the assumptions noted below, the Company is updating its average sales price per home closed, homebuilding gross margin, and adjusted homebuilding gross margin as a percentage of homebuilding revenues outlook for the full year 2026 and reiterating its other outlook items for the full year 2026. Currently, the Company expects for full year 2026:
Home closings between 4,600 and 5,400Active selling communities at the end of 2026 between 150 and 160Average sales price per home closed between $360,000 and $370,000Homebuilding gross margin as a percentage of homebuilding revenues between 19.0% and 21.0%, adjusted for estimated capitalized interest and estimated purchase accounting of approximately 3.5%, which results in adjusted homebuilding gross margin (non-GAAP) as a percentage of homebuilding revenues between 22.5% and 24.5%SG&A as a percentage of total revenues between 15.0% and 16.0%Effective tax rate of approximately 26.5% This outlook assumes that general economic conditions, including input costs, materials, product and labor availability, interest rates and mortgage availability, in the remainder of 2026 are similar to those experienced to date in 2026 and that construction costs, availability of land and land development costs for the remainder of 2026 are consistent with the Company’s recent experience. In addition, this outlook assumes that governmental regulations relating to land development and home construction are similar to those currently in place and does not take into account any additional changes to U.S. trade policies, including the imposition of tariffs and duties on homebuilding products.
Earnings Conference Call
The Company will host a conference call via live webcast for investors and other interested parties beginning at 12:30 p.m. Eastern Time on Tuesday, August 4, 2026 (the “Earnings Call”).
Participants may access the live webcast by visiting the Investor Relations section of the Company’s website at https://investor.lgihomes.com.
An archive of the Earnings Call webcast will be available for replay on the Company’s website for one year from the date of the Earnings Call.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
Forward-Looking Statements
Any statements made in this press release or on the Earnings Call that are not statements of historical fact, including statements about the Company’s beliefs, outlook and expectations, are forward-looking statements within the meaning of the federal securities laws, and should be evaluated as such. Forward-looking statements include information concerning expected 2026 home closings, active selling communities, average sales price per home closed, homebuilding gross margin as a percentage of homebuilding revenues, adjusted homebuilding gross margin as a percentage of homebuilding revenues, SG&A as a percentage of total revenues and effective tax rate, as well as market conditions and possible or assumed future results of operations, including descriptions of the Company’s business plan and strategies. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “should,” “will” or, in each case, their negative, or other variations or comparable terminology. For more information concerning factors that could cause actual results to differ materially from those contained in the forward-looking statements please refer to the “Risk Factors” section in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, including the “Cautionary Statement about Forward-Looking Statements” subsection within the “Risk Factors” section, and subsequent filings by the Company with the U.S. Securities and Exchange Commission (the “SEC”), including the “Risk Factors” and “Cautionary Statement about Forward-Looking Statements” sections in the Company’s Quarterly Report on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026 (when it is filed with the SEC). The Company bases these forward-looking statements or outlook on its current expectations, plans and assumptions that it has made in light of its experience in the industry, as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances and at such time. As you read and consider this press release or listen to the Earnings Call, you should understand that these statements are not guarantees of future performance or results. The forward-looking statements, including the Company’s 2026 outlook, are subject to and involve risks, uncertainties and assumptions and you should not place undue reliance on these forward-looking statements or outlook. Although the Company believes that these forward-looking statements and outlook are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect the Company’s actual results to differ materially from those expressed in the forward-looking statements and outlook. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. If the Company does update one or more forward-looking statements, there should be no inference that it will make additional updates with respect to those or other forward-looking statements.
LGI HOMES, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(In thousands, except share data) June 30, December 31, 2026 2025 ASSETS Cash and cash equivalents $61,081 $61,247 Accounts receivable 33,850 32,467 Real estate inventory 3,512,613 3,555,602 Pre-acquisition costs and deposits 19,248 28,950 Property and equipment, net 149,579 107,145 Other assets 119,812 119,909 Deferred tax assets, net 10,392 9,904 Goodwill 12,018 12,018 Total assets $3,918,593 $3,927,242 LIABILITIES AND EQUITY Accounts payable $58,750 $16,179 Accrued expenses and other liabilities 146,280 157,971 Notes payable, net 1,580,907 1,656,803 Total liabilities 1,785,937 1,830,953 COMMITMENTS AND CONTINGENCIES EQUITY Common stock, par value $0.01, 250,000,000 shares authorized, 27,904,864 shares issued and 23,248,272 shares outstanding as of June 30, 2026 and 27,789,678 shares issued and 23,133,086 shares outstanding as of December 31, 2025 279 277 Additional paid-in capital 354,476 347,308 Retained earnings 2,187,483 2,158,339 Treasury stock, at cost, 4,656,592 shares as of June 30, 2026 and December 31, 2025 (409,582) (409,635)Total equity 2,132,656 2,096,289 Total liabilities and equity $3,918,593 $3,927,242 LGI HOMES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
(In thousands, except share and per share data) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenues Homebuilding revenues $501,511 $483,485 $821,247 $834,905 Land and other revenues 14,537 4,757 27,677 36,725 Total revenues 516,048 488,242 848,924 871,630 Cost of sales Homebuilding costs 402,117 372,877 661,924 650,584 Land and other costs 12,235 5,725 24,175 32,729 Total cost of sales 414,352 378,602 686,099 683,313 Selling expenses 44,149 41,599 76,799 83,941 General and administrative 28,571 29,401 56,432 60,603 Other income, net (7,615) (3,400) (11,316) (3,991)Net income before income taxes 36,591 42,040 40,910 47,764 Income tax provision 9,607 10,507 11,766 12,237 Net income $26,984 $31,533 $29,144 $35,527 Earnings per share: Basic $1.16 $1.36 $1.26 $1.52 Diluted $1.16 $1.36 $1.25 $1.52 Weighted average shares outstanding: Basic 23,201,571 23,221,565 23,191,411 23,308,534 Diluted 23,279,553 23,265,062 23,248,046 23,364,957 Homebuilding Revenues, Home Closings, Average Sales Price Per Home Closed (ASP), Average Community Count, Average Monthly Absorption Rate, and Ending Community Count by Reportable Segment
(Revenues in thousands, unaudited)
Three Months Ended June 30, 2026 As of June 30,
2026Reportable Segment Homebuilding
Revenues Home
Closings ASP Average
Community
Count Average
Monthly
Absorption
Rate Community
Count at End
of PeriodCentral $127,777 419 $304,957 50.0 2.8 50Southeast 108,145 323 334,814 29.7 3.6 30Northwest 59,605 121 492,603 17.0 2.4 17West 134,609 299 450,197 28.7 3.5 29Florida 71,375 203 351,601 24.3 2.8 25Total $501,511 1,365 $367,407 149.7 3.0 151 Three Months Ended June 30, 2025 As of June 30,
2025Reportable Segment Homebuilding
Revenues Home
Closings ASP Average
Community
Count Average
Monthly
Absorption
Rate Community
Count at End
of PeriodCentral $112,986 360 $313,850 47.3 2.5 46Southeast 150,110 456 329,189 33.7 4.5 35Northwest 53,487 100 534,870 16.0 2.1 16West 100,339 230 436,257 24.7 3.1 25Florida 66,563 177 376,062 24.3 2.4 24Total $483,485 1,323 $365,446 146.0 3.0 146 Homebuilding Revenues, Home Closings, Average Sales Price Per Home Closed (ASP), Average Community Count, and Average Monthly Absorption Rate by Reportable Segment
(Revenues in thousands, unaudited)
Six Months Ended June 30, 2026 As of June 30,
2026Reportable Segment Homebuilding
Revenues Home
Closings ASP Average
Community
Count Average
Monthly
Absorption
Rate Community
Count at End
of PeriodCentral $ 216,937 715 $ 303,408 48.5 2.5 50 Southeast 180,468 542 332,967 29.7 3.0 30 Northwest 96,611 187 516,636 15.7 2.0 17 West 210,459 471 446,834 27.7 2.8 29 Florida 116,772 331 352,785 23.6 2.3 25 Total $ 821,247 2,246 $ 365,649 145.2 2.6 151 Six Months Ended June 30, 2025 As of June 30,
2025Reportable Segment Homebuilding
Revenues Home
Closings ASP Average
Community
Count Average
Monthly
Absorption
Rate Community
Count at End
of PeriodCentral $214,132 690 $310,336 49.2 2.3 46Southeast 251,792 768 327,854 31.5 4.1 35Northwest 87,724 165 531,661 16.3 1.7 16West 167,295 389 430,064 25.2 2.6 25Florida 113,962 307 371,212 24.8 2.1 24Total $834,905 2,319 $360,028 147.0 2.6 146 Owned and Controlled Lots
The table below shows (i) home closings by reportable segment for the six months ended June 30, 2026 and (ii) the Company’s owned or controlled lots by reportable segment as of June 30, 2026.
Six Months Ended
June 30, 2026 As of June 30, 2026Reportable Segment Home Closings Owned(1) Controlled TotalCentral 715 18,272 256 18,528Southeast 542 12,868 1,212 14,080Northwest 187 5,795 1,142 6,937West 471 8,621 3,145 11,766Florida 331 4,966 1,129 6,095Total 2,246 50,522 6,884 57,406 (1) Of the 50,522 owned lots as of June 30, 2026, 33,775 were raw/under development lots and 16,747 were finished lots. Finished lots included 1,858 completed homes, including information centers, and 1,899 homes in progress.
Backlog Data
As of the dates set forth below, the Company’s net orders, cancellation rate and ending backlog homes and value were as follows (dollars in thousands, unaudited):
Six Months Ended June 30,Backlog Data 2026(4) 2025(5)Net orders (1) 2,260 2,528 Cancellation rate (2) 47.4% 24.2%Ending backlog – homes (3) 1,298 808 Ending backlog – value (3) $525,549 $322,466 (1) Net orders are new (gross) orders for the purchase of homes during the period, less cancellations of existing purchase contracts during the period.
(2) Cancellation rate for a period is the total number of purchase contracts cancelled during the period divided by the total new (gross) orders for the purchase of homes during the period.
(3) Ending backlog consists of retail homes at the end of the period that are under a purchase contract that has been signed by homebuyers who have met preliminary financing criteria but have not yet closed and wholesale contracts with varying terms. Ending backlog is valued at the contract amount.
(4) As of June 30, 2026, the Company had 269 units related to bulk sales agreements associated with its wholesale business.
(5) As of June 30, 2025, the Company had 91 units related to bulk sales agreements associated with its wholesale business.
Non-GAAP Measures
In addition to the results reported in accordance with accounting principles generally accepted in the United States (“GAAP”), the Company has provided information in this press release relating to adjusted net income, adjusted basic earnings per share, adjusted diluted earnings per share, homebuilding gross margin excluding inventory impairment, adjusted homebuilding gross margin, and net debt to capital ratio.
Adjusted Net Income, Adjusted Basic Earnings per Share, and Adjusted Diluted Earnings per Share
Adjusted net income, adjusted basic earnings per share, and adjusted diluted earnings per share are non-GAAP financial measures used by management as supplemental measures in evaluating operating performance. The Company defines adjusted net income as net income less inventory impairment charges. The Company defines adjusted basic earnings per share as adjusted net income divided by weighted average basic shares outstanding. The Company defines adjusted diluted earnings per share as adjusted net income divided by weighted average diluted shares outstanding. Management believes that the presentation of adjusted net income, adjusted basic earnings per share, and adjusted diluted earnings per share provides useful information to investors because such measures isolate the impact that inventory impairment charges have on net income and earnings per share. However, because adjusted net income, adjusted basic earnings per share, and adjusted diluted earnings per share exclude the inventory impairment charge, which has real economic effects and could impact the Company’s results, the utility of adjusted net income, adjusted basic earnings per share, and adjusted diluted earnings per share as measures of the Company’s operating performance may be limited. In addition, other companies may not calculate adjusted net income, adjusted basic earnings per share, and adjusted diluted earnings per share in the same manner that the Company does. Accordingly, adjusted net income, adjusted basic earnings per share, and adjusted diluted earnings per share should be considered only as supplements to net income, basic earnings per share, and diluted earnings per share, respectively, as measures of the Company’s performance.
The following table reconciles adjusted net income to net income, which is the GAAP financial measure that management believes to be most directly comparable, and adjusted basic earnings per share and adjusted diluted earnings per share are calculated by dividing adjusted net income by basic or diluted weighted average shares outstanding, respectively (dollars in thousands, except earnings per share, unaudited):
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025Net income$26,984 $31,533 $29,144 $35,527Basic weighted average number of shares outstanding 23,201,571 23,221,565 23,191,411 23,308,534Basic earnings per share$1.16 $1.36 $1.26 $1.52Diluted weighted average number of shares outstanding 23,279,553 23,265,062 23,248,046 23,364,957Diluted earnings per share$1.16 $1.36 $1.25 $1.52 Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025Net income$26,984 $31,533 $29,144 $35,527Inventory impairment — — 4,681 —Tax impact due to above reconciling item — — (1,225) —Adjusted net income$26,984 $31,533 $32,600 $35,527 Basic weighted average number of shares outstanding 23,201,571 23,221,565 23,191,411 23,308,534Adjusted basic earnings per share$1.16 $1.36 $1.41 $1.52Diluted weighted average number of shares outstanding 23,279,553 23,265,062 23,248,046 23,364,957Adjusted diluted earnings per share$1.16 $1.36 $1.40 $1.52 Homebuilding Gross Margin Excluding Inventory Impairment and Adjusted Homebuilding Gross Margin
Homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin are non-GAAP financial measures used by management as supplemental measures in evaluating operating performance. The Company defines homebuilding gross margin excluding inventory impairment as homebuilding gross margin less inventory impairment charges. The Company defines adjusted homebuilding gross margin as homebuilding gross margin excluding inventory impairment, less capitalized interest and adjustments resulting from the application of purchase accounting included in the cost of sales. Management believes homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin are useful because they isolate the impact that capitalized interest, purchase accounting adjustments, and inventory impairment (as applicable) have on homebuilding gross margin. However, because homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin exclude capitalized interest, purchase accounting adjustments, and inventory impairment (as applicable), which have real economic effects and could impact the Company’s results, the utility of homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin as measures of the Company’s operating performance may be limited. In addition, other companies may not calculate homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin in the same manner that the Company does. Accordingly, homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin should be considered only as supplements to homebuilding gross margin as a measure of the Company’s performance.
The following table reconciles homebuilding gross margin excluding inventory impairment and adjusted homebuilding gross margin to homebuilding gross margin (homebuilding revenues less homebuilding costs), which is the GAAP financial measure that management believes to be most directly comparable (dollars in thousands, unaudited):
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Homebuilding revenues $501,511 $483,485 $821,247 $834,905 Homebuilding costs 402,117 372,877 661,924 650,584 Homebuilding gross margin $99,394 $110,608 $159,323 $184,321 Inventory impairment — — 4,681 — Homebuilding gross margin excluding inventory impairment $99,394 $110,608 $164,004 $184,321 Capitalized interest charged to cost of sales 16,472 11,836 26,448 20,103 Purchase accounting adjustments (1) 544 1,042 933 1,851 Adjusted homebuilding gross margin $116,410 $123,486 $191,385 $206,275 Homebuilding gross margin % (2) 19.8% 22.9% 19.4% 22.1%Homebuilding gross margin % excluding inventory impairment (2) 19.8% 22.9% 20.0% 22.1%Adjusted homebuilding gross margin % (2) 23.2% 25.5% 23.3% 24.7% (1) Adjustments result from the application of purchase accounting for acquisitions and represent the amount of the fair value step-up adjustments included in cost of sales for real estate inventory sold after the acquisition dates.
(2) Calculated as a percentage of homebuilding revenues.
Net Debt to Capital Ratio
Net debt to capital ratio is a non-GAAP financial measure used by management as a supplemental measure in understanding the leverage employed in the Company’s operations and as an indicator of its ability to obtain financing. The Company defines net debt to capital ratio as net debt (which is total debt minus cash and cash equivalents) divided by net debt plus total equity. Management believes that the presentation of net debt to capital ratio provides useful information to investors regarding the Company’s financial leverage and its ability to meet long-term obligations. By excluding cash and cash equivalents from total debt, the ratio offers a clearer view of the Company’s capital structure and financial flexibility. Management uses this metric to monitor the Company’s capital efficiency and to evaluate the effectiveness of its capital management strategies over time. Other companies may define this measure differently and, as a result, the Company’s measure of net debt to capital ratio may not be directly comparable to the measures of other companies.
The following table reconciles net debt to capital ratio (a non-GAAP financial measure) to debt to capital ratio, which is the GAAP financial measure that management believes to be most directly comparable (dollars in thousands, unaudited):
June 30, 2026 December 31, 2025Total debt (Notes payable) $1,580,907 $1,656,803 Total equity 2,132,656 2,096,289 Total capital $3,713,563 $3,753,092 Debt to capital ratio 42.6% 44.1% Total debt (Notes payable) $1,580,907 $1,656,803 Less: Cash and cash equivalents 61,081 61,247 Net debt $1,519,826 $1,595,556 Total equity 2,132,656 2,096,289 Total net capital $3,652,482 $3,691,845 Net debt to capital ratio (1) 41.6% 43.2% (1) Net debt to capital ratio is calculated as net debt (which is total debt minus cash and cash equivalents) divided by net debt plus total equity.
CONTACT:
Joshua D. Fattor
Executive Vice President of Finance and Capital Markets
(281) 210-2586 [email protected]
SummaryLGI Homes is rated Hold, reflecting a fairly valued stock amid a stagnant housing market and capped near-term upside.Q2 earnings are expected to show stable margins within guidance (18.5–20.5% gross, 22–24% adjusted) and a 9% YoY increase in home closings.LGIH's balance sheet remains a risk, with high debt (44.8% debt/cap) and negative free cash flow margin despite recent operational stabilization.Absent a strong upside surprise, a post-earnings rally should be viewed as an opportunity to trim positions in favor of other builders.5.17K Followers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of LGIH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Long DHI. May purchase CCS in the next 72 hours.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
LGI Homes announces the grand opening of Cypress Gardens in Marana, Arizona, with a Grand Opening Weekend Event on July 25 featuring limited-time incentive
MEBANE, N.C., July 20, 2026 (GLOBE NEWSWIRE) -- LGI Homes proudly announces the grand opening of a new section at The Meadows, an established single-family home community located in Mebane. This exciting expansion offers homebuyers an incredible opportunity to own a thoughtfully designed home featuring modern upgrades, spacious layouts and exceptional value in one of Alamance County's most desirable locations.
The Meadows delivers a lifestyle centered on comfort, convenience and recreation. Ideally situated in Mebane between Burlington and Durham, residents enjoy a welcoming community featuring a resort-style swimming pool, lush green spaces and family-friendly surroundings. Outdoor enthusiasts will appreciate the proximity to the Haw River, where hiking, kayaking and year-round outdoor recreation await. Residents can also enjoy nearby golf courses, local breweries and wineries, along with a variety of shopping, dining and entertainment options throughout the area.
Conveniently located off US-70 and just minutes from I-40, The Meadows offers easy access to major employment centers and everyday conveniences. Residents can enjoy shopping at Tanger Outlets, explore the vibrant downtown districts of Burlington and Durham, and take advantage of nearby schools, restaurants and entertainment venues.
"The new section at The Meadows gives homebuyers another opportunity to enjoy modern living in one of North Carolina's fastest-growing regions," stated Vice President of Operations Paul DiConsiglio. "With thoughtfully designed homes, included upgrades, outstanding community amenities and a simplified path to homeownership, this community continues to provide exceptional value for families looking to achieve the dream of homeownership."
The new section features a collection of spacious three-, four- and five-bedroom single-family homes, each complete with attached two-car garages and floor plans designed to fit a variety of lifestyles. Every home includes LGI Homes' CompleteHome Plus™ package, offering a full suite of upgrades at no additional cost. These enhancements include granite countertops, a tile backsplash, stainless steel Whirlpool® kitchen appliances, designer cabinetry, luxury vinyl plank flooring, Wi-Fi-enabled garage door openers, programmable Honeywell thermostats, energy-efficient features and professionally designed exterior details.
Six thoughtfully designed floor plans are available at The Meadows:
With its upgraded interiors, outstanding community amenities, convenient location and welcoming atmosphere, the new section at The Meadows continues to build on the community's reputation as one of the premier places to own a new home in the Mebane area.
A grand opening event with exclusive home savings available will be held on July 25th. Interested buyers are encouraged to call 844-997-3223 ext 263 or visit LGIHomes.com/TheMeadows for more information and to schedule a tour.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/898da786-8de6-4be8-8f79-2dd608644873
The Burton by LGI Homes at The Meadows The three-bedroom, two-bath Burton features an open-concept layout with spacious living areas and de...
FALLING WATERS, W.Va., July 08, 2026 (GLOBE NEWSWIRE) -- LGI Homes proudly announces the grand opening of The Meadows at Riverside, an exciting new single-family home community located in Falling Waters. This highly anticipated neighborhood offers thoughtfully designed homes featuring modern upgrades, spacious layouts and exceptional value in a scenic riverside setting.
The Meadows at Riverside delivers a lifestyle centered on comfort, convenience and outdoor recreation. Nestled among the natural beauty of Falling Waters, residents will enjoy a welcoming community featuring walking paths, pickleball courts, a children’s playground, gazebo, barbecue grills and open green spaces. Outdoor enthusiasts will appreciate the close proximity to Falling Waters Waterfalls Park, the Potomac River and other local parks offering hiking, kayaking, picnicking and year-round recreation.
Centrally located between Martinsburg and Hagerstown, The Meadows at Riverside is a short drive to everyday conveniences. Residents can enjoy a day of shopping at Valley Mall or Crosspoint Shopping Center less than 10 miles from the community. Major commuter routes including I-70, I-81 and US-11, as well as the MARC train station, are also nearby.
"The Meadows at Riverside offers homebuyers an incredible opportunity to enjoy modern living in one of West Virginia's most desirable locations," stated Vice President of Operations Paul DiConsiglio. "With thoughtfully designed homes, included upgrades, outstanding community amenities and a simplified path to homeownership, this community is designed to help families achieve their dream of owning a home."
The community features a collection of spacious three- and four-bedroom single-family homes, each complete with attached two-car garages and flexible floor plans designed to fit a variety of lifestyles. Every home includes LGI Homes' CompleteHome Plus™ package, offering a full suite of upgrades at no additional cost. These enhancements include granite countertops, a tile backsplash, stainless steel Whirlpool® kitchen appliances, designer cabinetry, luxury vinyl plank flooring, Wi-Fi-enabled garage door openers, programmable Honeywell thermostats, energy-efficient features and professionally designed exterior details.
Six thoughtfully designed floor plans are available at The Meadows at Riverside:
Martin – 3 beds, 2 baths, 2-car garage, 1,527 sq. ft.
Allen – 3 beds, 2 baths, 2-car garage, 1,656 sq. ft.
With its upgraded interiors, outstanding amenities, convenient location and welcoming atmosphere, The Meadows at Riverside is poised to become one of the premier new home communities in the Falling Waters area.
A grand opening event will be held on the weekend of July 11 & 12, 2026 with limited-time savings available at the event. Interested buyers are encouraged to contact the LGI Homes Information Center at (833) 788-0974 ext 56 for additional details.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ed516a97-5363-4205-97d5-386d61f444fa
The Martin by LGI Homes at The Meadows at Riverside The three-bedroom, two-bath Martin features flexible living and open entertainment space.
THE WOODLANDS, Texas, July 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 496 homes in June 2026, including 29 currently or previously leased single-family rental homes. This represents an 8.5% increase compared to 457 homes closed in June 2025. Additionally, the Company closed 1,440 homes during the second quarter of 2026, including 75 currently or previously leased single-family rental homes. This represents an 8.8% increase compared to 1,323 homes closed in the second quarter of 2025.
As of June 30, 2026, the Company had 151 active selling communities.
The Company plans to release financial results for the second quarter ended June 30, 2026 before the market opens on Tuesday, August 4, 2026. The Company will hold a conference call at 12:30 p.m. Eastern Time on the same day to discuss the results.
A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section.
An archive of the webcast will be available for replay on the Company's website for one year from the date of the conference call.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586 [email protected]
THE WOODLANDS, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has been approved to have its common stock dually listed on Nasdaq Texas, LLC (Nasdaq Texas), a new dual listing venue headquartered in Dallas and designed to serve companies with strong ties to Texas.
"LGI Homes was founded in Texas, is headquartered in Texas, and thousands of the families we’ve helped become homeowners are proud to call Texas home," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Dual listing on Nasdaq Texas reflects our deep commitment to this state, its communities, and the first-time homebuyers we serve every day. We expect the new exchange to deepen ties between Texas companies and investors, underscoring Texas's position as a leading force in construction and development and a premier destination for business."
“I had the privilege of supporting LGI Homes through their IPO in 2013, and what they’ve built since then is a testament to Eric’s vision for the company. Helping more families achieve the American dream of homeownership while creating real value for investors — that’s the opportunity Nasdaq Texas exists to represent.” said Rachel Racz, SVP and Head of Listings for Texas, Central and Southern U.S., and Latin America.
LGI Homes will maintain its primary listing on the Nasdaq Global Select Market and will be dually listed on Nasdaq Texas under the same "LGIH" ticker symbol. The dual listing will not affect investors' ability to buy or sell the Company's stock.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586 [email protected]
Key Takeaways LGI Homes stock has surged 56% in three months, outpacing peers amid stronger investor confidence.LGI Homes' backlog rose 63% YoY to 1,699 homes, the highest since Q1 2022.LGI Homes raised 2026 margin guidance, though premium valuation and affordability risks remain. LGI Homes, Inc. (LGIH - Free Report) has emerged as a standout performer in the homebuilding space, with its shares jumping 56% over the past three months. As a leading homebuilder focused on entry-level and move-up buyers, the company has built strong momentum through its disciplined execution and resilient operating performance. The impressive rally has substantially outperformed the 5.1% gain of the Zacks Building Products - Home Builders industry, the 13.5% rise of the broader Zacks Construction sector and the 14.2% growth of the S&P 500 Index, reflecting growing investor confidence in LGIH's operating performance and long-term growth prospects.
The sharp rally has been fueled by resilient demand for affordable housing, improving sales momentum and the company's disciplined execution amid a challenging housing environment. Adding to the positive outlook, LGI Homes raised its full-year gross margin and adjusted gross margin guidance following its first quarter 2026 results while reaffirming its expectations for annual closings, community count and average selling price.
LGIH’s 3-Month Price Performance
Image Source: Zacks Investment Research
In the past three months, LGIH has outperformed other industry players like Toll Brothers, Inc. (TOL - Free Report) , which saw a 12.8% rise, KB Home (KBH - Free Report) , which posted a modest 1.9% gain and Lennar Corporation (LEN - Free Report) , which experienced a 4% decline.
LGI Homes’ Core Fundamentals Remain Supported by Housing DemandDespite ongoing affordability challenges in the housing market, LGI Homes continues to benefit from favorable long-term housing fundamentals. Management highlighted the persistent undersupply of attainable housing in the United States and supportive demographic trends that continue to drive demand for homeownership. The company’s entry-level, spec-home-focused business model remains well-positioned as it offers an affordable alternative to renting.
Demand trends improved as the first quarter progressed, with sales activity strengthening across most markets. Net orders totaled 1,221 homes, while backlog increased 63% year over year and 22% sequentially to 1,699 homes, marking the highest backlog level since the first quarter of 2022. Management noted that buyer engagement remained healthy despite elevated mortgage rates and macroeconomic uncertainty.
LGIH's Self-Development Strategy Drives Competitive EdgeA key strength for LGI Homes is its largely self-developed land pipeline. The company owns nearly 87% of its lot inventory and maintains a predominantly on-balance-sheet land strategy, allowing it to capture developer profits internally while reducing reliance on third-party land developers. Management believes this model supports stronger and more durable margins compared with many peers.
LGIH ended the first quarter with 59,028 owned and controlled lots, including more than 51,000 owned lots. Importantly, the company already has roughly 13,400 finished vacant lots and substantial land under development, providing visibility into future community growth while limiting near-term exposure to rising land development costs.
LGIH's Margin Strength Supports Earnings GrowthLGIH’s profitability exceeded expectations during the first quarter. Gross margin excluding inventory impairment reached 20.2%, while adjusted gross margin was 23.4%, exceeding management’s prior guidance range. The better-than-expected performance was driven by cost relief, favorable geographic mix, improved inventory management and selective pricing gains across several communities.
Encouraged by the strong first-quarter results and growing backlog, management raised its full-year 2026 gross margin guidance to 18.5%-20.5% and adjusted gross margin guidance to 22%-24%. The company also expects to achieve between 4,600 and 5,400 home closings this year while expanding its active community count to 150-160 by year-end.
LGIH’s Balance Sheet Remains a Key Strength, Though Risks PersistLGIH maintains a solid capital base with more than $2.1 billion of equity and a book value per share of $90.50. The company ended the first quarter with $355 million of liquidity, including nearly $61 million in cash and $294 million available under its revolving credit facility. Management remains focused on reducing leverage over time while selectively monetizing older inventory and non-core land positions.
That said, risks remain. Elevated mortgage rates and affordability pressures have contributed to a high cancellation rate, while macroeconomic uncertainty and weaker consumer confidence could weigh on demand, particularly among entry-level buyers. Rising insurance, property tax and homeownership costs, along with intense competition and continued use of incentives, may pressure margins. Additionally, LGIH's relatively high debt-to-capital ratio of 44.8% could limit financial flexibility, making sustained execution critical in a challenging housing market.
Earnings Estimate Revision of LGIH StockLGIH's earnings estimates have moved higher over the past 60 days, with the Zacks Consensus Estimate for 2026 and 2027 increasing to $2.76 and $3.85 per share, respectively. The 2026 estimate implies an 11.5% year-over-year decline, while the 2027 projection indicates a strong 39.5% increase.
Image Source: Zacks Investment Research
On the other hand, earnings for Toll Brothers, KB Home and Lennar are projected to decline 6%, 52.5% and 32.1%, respectively, year over year in the current year.
LGIH Stock Trades at a PremiumLGIH trades at a premium valuation, with a forward 12-month P/E ratio of 17.3x, above the industry average. The premium reflects investor confidence in the company's strong margins, sizable land portfolio and improving demand trends. However, following the stock's recent rally, the elevated valuation may limit near-term upside and leave less room for execution missteps. Any slowdown in housing demand, persistently high mortgage rates or margin pressure from increased incentives could prompt a reassessment of the stock's premium multiple.
LGIH P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
In comparison, Toll Brothers trades at a forward 12-month P/E multiple of 11.42x, while KB Home trades at 11.27x. Lennar carries a higher valuation of 14.08x on the same basis. Against this peer backdrop, LGI Homes’ premium valuation appears less compelling, despite its improving margin outlook, growing backlog, strong land position and favorable long-term demand drivers.
Our Take on LGI HomesLGI Homes remains well-positioned to capitalize on favorable long-term housing fundamentals, supported by persistent demand for affordable housing, demographic tailwinds and a business model focused on providing attainable homeownership opportunities. The company’s vertically integrated, self-development strategy and predominantly owned land portfolio provide a meaningful competitive advantage by enhancing margin durability, capturing development profits internally and reducing reliance on third-party developers.
LGI Homes offers investors a compelling mix of improving operational momentum, margin expansion and a differentiated land strategy, supported by strong long-term demand for affordable housing. Its growing backlog and improving earnings visibility underscore management's ability to navigate affordability pressures and elevated mortgage rates. However, affordability constraints, elevated mortgage rates, macroeconomic uncertainty and high cancellation rates remain key risks. LGIH also trades at a premium valuation relative to peers, making future gains dependent on its ability to sustain margin expansion and convert backlog into closings. Persistent inflation, rising insurance and property tax costs, labor shortages and higher construction material costs could further pressure demand and profitability. Despite these headwinds, the company's strong land position and favorable long-term demand drivers should support sustainable earnings growth.
LGIH stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
YUBA CITY, Calif., June 23, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the Grand Opening of Chima Ranch, a brand-new community offering spacious homes, exceptional value, and a desirable location in the heart of Yuba City. Surrounded by scenic orchards and established neighborhoods, Chima Ranch provides residents with a peaceful setting while remaining just minutes from everyday conveniences, major employers, outdoor recreation, and the Feather River.
At full build-out, Chima Ranch will feature 82 homesites with a collection of thoughtfully designed three-, four-, and five-bedroom homes. Each home showcases LGI Homes' CompleteHome™ package, which includes a host of sought-after upgrades at no additional cost. Homeowners will enjoy energy-efficient Whirlpool® stainless steel kitchen appliances, premium hard-surface countertops, designer plank flooring, modern fixtures, and other carefully selected finishes. Spacious layouts, open-concept living spaces, and attached two-car garages provide both functionality and comfort for today's homebuyers.
Five thoughtfully designed floor plans will be available at Chima Ranch, starting in the $490s:
Baker – 3 beds, 2 baths, 2-car garage, 1,335 sq. ft.Carmel – 3 beds, 2 baths, 2-car garage, 1,505 sq. ft. An Accessory Dwelling Unit (ADU) is available with select Carmel floor plans Eureka – 4 beds, 2 baths, 2-car garage, 1,708 sq. ft.Newport – 4 beds, 2.5 baths, 2-car garage, 1,943 sq. ft.Stallion – 5 beds, 3 baths, 2-car garage, 2,492 sq. ft.
“Our spacious lot sizes at Chima Ranch will allow homebuyers the opportunity to purchase an ADU on many of our home sites. These ADU’s can become the perfect guest house, multi-generational suite, or even an income producing opportunity for our homeowners,” stated Chris Kelly, Regional President.
Located just north of Sacramento, Chima Ranch places homeowners close to the shopping, dining, and entertainment options found at Yuba Sutter Mall and Yuba City Marketplace. Residents can also take advantage of the area's abundant recreational opportunities, including local parks, walking trails, and the nearby Feather River, where fishing, boating, and waterfront relaxation await. Families will also appreciate easy access to Gauche Aquatic Park, a popular summer hotspot featuring pools, a splash pad, and waterslides for all ages.
To celebrate the community's Grand Opening, LGI Homes will host a special event on June 20, 2026, featuring limited-time savings available exclusively during the event weekend. Interested homebuyers are encouraged to call (866) 460-3472 ext 792 to schedule a tour or visit the Chima Ranch Information Center, located at 1669 Sanborn Road in Yuba City. The Information Center is open daily from 10:00 a.m. to 6:00 p.m.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at https://www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c10c9f33-3ce8-4325-933d-3add766ab3bb
The ADU by LGI Homes at Chima Ranch The ADU is a one bedroom, one bathroom unit that is available on select home sites
Shares of LGI Homes (LGIH - Free Report) have gained 15.5% over the past four weeks to close the last trading session at $44.88, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $66.33 indicates a potential upside of 47.8%.
The mean estimate comprises three short-term price targets with a standard deviation of $26.03. While the lowest estimate of $41.00 indicates a 8.7% decline from the current price level, the most optimistic analyst expects the stock to surge 107.2% to reach $93.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
But, for LGIH, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in LGIHThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 12.7% over the past month, as one estimate has gone higher compared to no negative revision.
Moreover, LGIH currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much LGIH could gain, the direction of price movement it implies does appear to be a good guide.
THE WOODLANDS, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 446 homes in April 2026, which includes the closing of 22 currently or previously leased single-family rental homes.
As of April 30, 2026, the Company had 148 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586 [email protected]
WINSTON-SALEM, N.C., May 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to introduce Cider Hill, an exclusive new townhome community with homes starting in the $350s, now available in the thriving Winston-Salem market. With only 36 homesites available, Cider Hill offers homebuyers a rare opportunity to enjoy low-maintenance living in one of the Triad’s most desirable locations.
“Winston-Salem continues to attract homebuyers seeking strong employment opportunities, convenient access throughout the Triad, and a high quality of life,” said Tyler Zulli, Vice President of Sales at LGI Homes. “As the area continues to grow, we’re excited to introduce Cider Hill and offer thoughtfully designed townhomes with private outdoor space, garages, full driveways and lawn maintenance included. This exceptional product offering, plus Cider Hill’s prime location near Heather Hills Golf Course, creates a community that truly blends comfort, convenience and lifestyle.”
Nestled in a prime suburban setting just minutes from downtown Winston-Salem, Cider Hill places residents near top employers, shopping destinations, dining, and outdoor recreation, including the Muddy Creek Greenway. With easy access to local parks like Hobby Park and nearby trails such as Salem Lake Trail, homeowners can enjoy both the vibrancy of city life and the tranquility of a peaceful neighborhood setting.
Cider Hill will feature a collection of thoughtfully designed homes with open-concept layouts suited to a variety of lifestyles. Each home showcases a modern kitchen equipped with Whirlpool® stainless steel appliances, Moen® faucets with Power Clean™ spray technology, and spacious wood cabinetry with crown molding detail. Additional premium features throughout the homes include USB-compatible outlets, a Wi-Fi-enabled garage door opener, and energy-efficient elements such as double-pane Low-E windows and LED ENERGY STAR® lighting. These move-in ready homes reflect LGI Homes’ commitment to delivering quality construction and elevated design at an exceptional value.
For more information or to schedule a tour of Cider Hill, interested buyers can call (888) 576-1612 ext 305 or visit LGIHomes.com/CiderHill.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9d3b74d-6eaa-434d-a79a-830ebf4a8e74
Angled View of the Cider duplex The Cider features professional landscaping with beautiful stone exterior.
CHARLOTTE, N.C., May 07, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the grand opening of Willow Estates, an exciting new single-family home community located west of Charlotte in Shelby, NC. This highly anticipated neighborhood of 246 lots offers homebuyers the opportunity to own a move-in-ready home featuring modern upgrades, spacious layouts and exceptional value in a charming small-town setting.
Willow Estates delivers a lifestyle centered on comfort, convenience and affordability. Residents will enjoy thoughtfully designed homes alongside a variety of nearby amenities, including local dining, shopping and family-friendly attractions. Future onsite amenities such as a children’s playground, gazebo and picnic areas with barbeque grills will provide welcoming spaces for relaxation and community gatherings, estimated for completion in late 2026.
Conveniently located within Shelby, Willow Estates offers easy access to major employment centers and nearby cities such as Charlotte and Spartanburg, SC. Outdoor enthusiasts will appreciate proximity to local parks and recreation areas, while the surrounding community provides a peaceful atmosphere ideal for families and first-time buyers alike.
“Willow Estates brings some of our most popular floor plans to Shelby at an exceptional value, with homes starting in the upper-$200s,” stated Tyler Zulli, Vice President of Sales. “Ideally located next to Jefferson Elementary School, a highly regarded local school, this community offers both convenience and long-term appeal for families.”
The community will feature a collection of spacious three- and four-bedroom single-family homes, each complete with attached two-car garages and open-concept floor plans. Every home includes LGI Homes’ CompleteHome™ package, offering a full suite of upgrades at no additional cost. These enhancements include energy-efficient Whirlpool® kitchen appliances, granite countertops, luxury vinyl plank flooring, recessed lighting, designer finishes and professional front-yard landscaping.
Six thoughtfully designed floor plans will be available at Willow Estates:
Aaron – 3 beds, 2 baths, 2-car garage, 1,172 sq. ft.Ashe – 3 beds, 2 baths, 2-car garage, 1,388 sq. ft.Cary – 3 beds, 2 baths, 2-car garage, 1,552 sq. ft.Avery – 3 beds, 2.5 baths, 2-car garage, 1,800 sq. ft.Carolina – 3 beds, 2.5 baths, 2-car garage, 1,726 sq. ft.Camden – 4 beds, 2.5 baths, 2-car garage, 2,002 sq. ft. “Willow Estates will feature a mix of single-family homes, with townhomes coming soon, giving buyers flexible options to fit their lifestyle. We’re excited to introduce a community that truly combines affordability, location, and quality,” stated Zulli.
Home prices start in the $270s. Interested buyers are encouraged to contact the LGI Homes Information Center at 866 (427) 5679 ext 771 for additional details. The community is open seven days a week, with hours designed to accommodate a variety of schedules.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fdde481f-c797-4d95-ba17-bacd30f2c6b6
The Avery by LGI Homes at Willow Estates The Avery features a spacious layout with three bedrooms and two and a half bathrooms.
Key Takeaways March construction spending rose 0.6%, led by a 2.7% jump in single-family homebuilding.DHI expects 12.5% earnings growth next year as estimates climbed 1.1% in 60 days.LGIH projects 39.5% earnings growth next year, with estimates up 12.7% in 60 days. Construction spending rebounded in March after struggling for months. The jump was powered by a surge in single-family homebuilding, as overall spending on private construction projects rose at a rapid pace.
The housing industry has been responsible for the overall growth in construction spending in the past and is once again boosting spending. Although mortgage rates remain a concern, single-family homes are in demand.
The housing market got a boost in March after mortgage rates fell in February. Given this situation, investing in homebuilding stocks appears to be a wise decision. We have narrowed down our search to two homebuilding stocks, such as D.R. Horton (DHI - Free Report) and LGI Homes, Inc. (LGIH - Free Report) .
Construction Spending JumpsThe Commerce Department reported last week that construction spending jumped 0.6% in March, surpassing analysts’ expectations of a rise of 0.2%. The jump follows a 0.2% decline in February. Year over year, construction spending rose 1.6% in March.
Spending on private construction projects climbed 0.8% in March after declining 0.2% a month earlier. Spending on homebuilding projects grew 1.7% in March, while spending on single-family homes rose 2.7%. Spending on multi-family housing units advanced 0.3% in March. Meanwhile, spending on private nonresidential ???structures declined 0.2% in March.
The construction industry has faced several challenges over the past several months. Sky-high inflation and the ongoing conflict with Iran have kept mortgage rates higher. Also, home prices have remained steep owing to higher tariffs.
Even then, demand for housing has remained high. The National Association of Realtors reported that existing home sales rebounded in April, rising 0.2% sequentially to a seasonally adjusted annual rate of 4.02 million units.
One of the major reasons behind this surge is a decline in mortgage rates in February. The 30-year fixed-rate mortgage fell to 5.98% in February, bringing in some relief for home buyers. However, high inflation and the Iran war saw mortgage rates bounce back to 6.46% in early April.
However, the demand for new homes has been high, and once the mortgage rates ease further, sales are expected to spike.
2 Homebuilding Stocks With UpsideD.R. HortonD.R. Horton is one of the leading national homebuilders, primarily engaged in the construction and sale of single-family houses both in the entry-level and move-up markets. DHI’s operations are spread over 91 markets across 29 states in the East, Midwest, Southeast, South Central, Southwest and West regions of the United States. D.R. Horton’s houses are sold under the brand names D.R. Horton - America’s Builder, Emerald Homes, Express Homes and Freedom Homes.
D.R. Horton’s expected earnings growth rate for next year is 12.5%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the past 60 days. DHI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
LGI Homes, Inc. LGI Homes, Inc. is engaged in the design and construction of entry-level homes across Texas, Arizona, Florida and Georgia. LGIH focuses on converting renters of apartments and single-family homes into homeowners by offering homes at affordable locations.
LGI Homes’ expected earnings growth rate for next year is 39.5%. The Zacks Consensus Estimate for current-year earnings has improved 12.7% over the past 60 days. LGIH has a Zacks Rank #2 (Buy).
ALBUQUERQUE, N.M., May 15, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. announces the grand opening of Vistas at Los Senderos, an exciting new community located within the growing Los Senderos master-planned development in Los Lunas, one of the Albuquerque area’s fastest-growing residential corridors.
Since opening in late April, Vistas at Los Senderos has experienced strong interest and positive momentum, reflecting an enthusiastic response from homebuyers seeking quality new homes in Los Lunas. “We are excited to continue our presence in the Los Lunas market and to bring continued success to the area,” stated Dallas Murphy, Vice President of Operations for New Mexico.
The opening of Vistas at Los Senderos comes amid continued residential and economic growth in Los Lunas, where expanding employment opportunities and infrastructure investment continue to drive housing demand throughout the region. Conveniently located near Interstate 25 and Highway 6, Vistas at Los Senderos offers residents a quick and easy commute to downtown Albuquerque, as well as convenient access to major employers, shopping, dining, and local attractions.
Vistas at Los Senderos is part of the larger Los Senderos master-planned development, a transformative mixed-use community planned for approximately 900 acres in Los Lunas. The development is designed to bring together residential neighborhoods, parks, trails, open space, and future commercial opportunities in one connected environment. Planned with long-term growth in mind, Los Senderos is expected to contribute to the continued expansion of the Los Lunas area while preserving the region’s natural beauty and outdoor lifestyle. According to the Village of Los Lunas Los Senderos Area Plan and development marketing materials, the broader community vision includes thousands of future homes, integrated amenities, and a “live, work, shop and play” experience for residents.
LGI Homes offers thoughtfully designed homes, ranging from two- to five-bedrooms with one- and two-story, open-concept floor plans. Each home includes LGI Homes’ CompleteHome™ Package, which delivers upgraded features such as Whirlpool® stainless steel kitchen appliances, quartz countertops, luxury vinyl plank flooring, and designer finishes, all included at no additional cost. Homes at Vistas at Los Senderos start in the low-$300s.
Opening later this year, families will enjoy top-tier amenities with a community park that features a playground, picnic areas, and a basketball court. The community is also within reach of a variety of local amenities, including nearby parks, trails, and recreation facilities. Vistas at Los Senderos residents will also have quick access to Daniel Fernandez Recreation Center and Los Lunas Sports Complex, which feature sports fields, playgrounds, splash pads, and more.
For more information, customers are encouraged to call (866) 948-9681 ext. 660 or visit LGI Homes.com/VistasatLosSenderos.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92cd664a-26f5-4092-b217-755771d4bc9f
The Oak by LGI Homes at Vistas at Los Senderos The Oak features a spacious layout with four bedrooms and three bathrooms.
HOUSTON, May 18, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the opening of Cypress Trails, an exciting new master-planned community in Hockley, located within the highly desirable northwest Houston corridor near Cypress, Texas. Combining thoughtfully designed homes, resort-style amenities and exceptional accessibility, Cypress Trails is positioned to become a premier destination for homebuyers seeking value, convenience and an elevated lifestyle.
Ideally located near the Grand Parkway, Highway 249 and Highway 290, Cypress Trails offers residents convenient access to major employment centers, as well as premier shopping, dining and recreational destinations in Cypress and surrounding areas, many of which are located less than 10 minutes away. The community is also proudly zoned to Waller ISD, providing families with access to quality education within a supportive and growing district.
“We chose this location due to its close proximity to jobs, shopping and recreational amenities, along with the excellent accessibility provided by the Grand Parkway and nearby highways,” stated Pat Vedra, Regional Vice President of Land Acquisitions and Development. “This location offers homebuyers the opportunity to enjoy a welcoming neighborhood in an area where demand continues to grow.”
“We are excited to return to Hockley, where we’ve experienced tremendous success and strong demand from homebuyers. Cypress Trails is an exceptional master-planned community offering a wide range of thoughtfully designed homes, with our CompleteHome™ series starting in the mid-$200s and our CompleteHome Plus™ series starting in the mid-$300s. Residents will enjoy an amenity-rich lifestyle featuring pickleball courts, a dog park, playgrounds and walking trails, all while benefiting from a low tax rate and affordable HOA dues,” stated Zach Walden, Vice President of Operations.
Cypress Trails will bring more than 500 new homes to the area, complemented by a thoughtfully designed collection of amenities intended to enhance everyday living and encourage outdoor recreation and community connection. Residents will enjoy access to two beautifully designed parks, The Hideaway and Songbird Park, coming soon.
The Hideaway, a 2.1-acre community hub, will feature pickleball courts, a playground, a turf play mound, fitness stations, a pavilion, picnic areas, and an event lawnSongbird Park will offer serene walking trails, play areas and picnic areas Homes at Cypress Trails start from the $240s, offering a diverse range of single-family home designs to suit a variety of lifestyles. Homes will range from two-bedroom villas starting at 1,186 square feet to spacious five-bedroom floor plans spanning up to 2,916 square feet. Homebuyers will find thoughtfully designed layouts that combine comfort, style, and functionality.
With its prime location, impressive amenities and thoughtfully designed homes, Cypress Trails offers homebuyers a rare opportunity to enjoy the best of northwest Houston living within a vibrant new master-planned community. For more information about LGI Homes at Cypress Trails, please call (833) 385-5906 ext. 137, or visit LGIHomes.com/CypressTrails.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/27ce4cc9-3f71-4c6e-876d-03e001ae20ed
The Yaupon Floor Plan by LGI Homes at Cypress Trails The Yaupon features an impressive layout with five spacious bedrooms, three full bathrooms, a versat...
LGI Homes (LGIH - Free Report) closed the last trading session at $46.23, gaining 2.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $66.33 indicates a 43.5% upside potential.
The average comprises three short-term price targets ranging from a low of $41.00 to a high of $93.00, with a standard deviation of $26.03. While the lowest estimate indicates a decline of 11.3% from the current price level, the most optimistic estimate points to a 101.2% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
But, for LGIH, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in LGIHThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 12.7%.
Moreover, LGIH currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much LGIH could gain, the direction of price movement it implies does appear to be a good guide.
ARLINGTON, Wash., May 22, 2026 (GLOBE NEWSWIRE) -- LGI Homes, INC. (NASDAQ: LGIH) is thrilled to announce the grand opening of Allen Townhomes, a brand-new community located in Arlington, Washington. Just 25 minutes north of Everett, this charming community offers homebuyers a low-maintenance ownership opportunity with contemporary design, carefully curated upgrades, and a peaceful setting to enjoy with family.
Allen Townhomes will have only 36 lots at full build-out, offering homebuyers an exclusive opportunity to own a thoughtfully designed townhome starting in the $530s. Homebuyers can choose between two brand-new floor plans featuring open-concept layouts, attached one-car garages and chef-inspired kitchens. The two-bedroom Berlin floor plan boasts a first-floor flex room, providing versatility for homeowners and their lifestyle. The three-bedroom Cyrus floor plan includes a first-floor guest suite and larger laundry room.
“We are excited at the opportunity to expand our presence north of Seattle with the opening of Allen Townhomes. We will be introducing our CompleteHome Plus™ package at an affordable price with interest rate buy downs and builder closing cost contributions available,” stated Zachary Penrod, Vice President of Sales. Every home at Allen Townhomes comes complete with LGI Homes’ CompleteHome Plus™ package, featuring quartz countertops, Whirlpool® stainless steel appliances, modern flooring, designer lighting, wood cabinetry with crown molding, and elevated finishes all included in the sales price. In addition, homeowners benefit from HOA-maintained exterior and yard care for added convenience.
Residents of Allen Townhomes will enjoy open green spaces, a community playground, picnic areas, and park benches perfect for gathering, relaxing, and outdoor fun. Conveniently located just minutes from WA-9, the community offers easy access to Downtown Arlington, Everett, and Marysville for shopping, dining, entertainment, and everyday conveniences. “We expect strong demand for this community. It’s tucked away yet conveniently located to everything Snohomish County has to offer,” stated Penrod.
The Grand Opening of Allen Townhomes will take place on May 30th, giving homebuyers the first chance to tour the community and take advantage of limited-time incentives. New home savings will be available for one weekend only.
For more information, interested buyers are encouraged to call (877) 401-9890 ext 779. The Allen Townhomes Information Center at 8919 172nd Ave NE, Arlington, WA, 98223 is open seven days a week.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/12f21d9e-e48a-4323-87b6-e1697eac677b
The Allen Townhomes by LGI Homes Allen Townhomes offers the perfect blend of modern living and suburban charm.
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is LGI Homes (LGIH - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
LGI Homes is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. LGI Homes is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LGIH's full-year earnings has moved 12.7% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, LGIH has gained about 15.4% so far this year. At the same time, Construction stocks have gained an average of 13.7%. This means that LGI Homes is performing better than its sector in terms of year-to-date returns.
TSS Inc. (TSSI - Free Report) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 77.4%.
The consensus estimate for TSS Inc.'s current year EPS has increased 88.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, LGI Homes is a member of the Building Products - Home Builders industry, which includes 18 individual companies and currently sits at #211 in the Zacks Industry Rank. This group has lost an average of 3.7% so far this year, so LGIH is performing better in this area.
TSS Inc., however, belongs to the Engineering - R and D Services industry. Currently, this 22-stock industry is ranked #71. The industry has moved +39% so far this year.
Investors interested in the Construction sector may want to keep a close eye on LGI Homes and TSS Inc. as they attempt to continue their solid performance.
HOUSTON, May 28, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the launch of its Novo Collection at Hallimore Ranch, a master-planned community in Rosenberg, Texas. Sales will officially commence on May 30, 2025, marking the Grand Opening of this exciting new collection by LGI Homes.
The Novo Collection at Hallimore Ranch will debut a bold new look for LGI Homes in the Houston market with four new floor plans. These homes showcase eye-catching, modern exteriors that blend sleek stucco with classic brick material, creating a beautiful design that feels both fresh and timeless.
"We’re excited to open our new section and officially reveal our new Novo product line to the public," stated Zach Walden, Vice President of Operations. "Our new homes by LGI Homes offer affordability with a modern look, spacious layouts, and large back yards designed for everyday living. We can’t wait to share this exciting new chapter with the community!"
Floor plans will include LGI Homes’ CompleteHome™ interior package, which feature a wide range of upgrades and modern details all included at no extra cost to the customer, delivering exceptional value, style, and convenience in every home.
Chef-ready kitchens – Designed to impress with a full suite of stainless steel Whirlpool® appliances, durable granite countertops, 36” upper wood cabinetry with crown molding, and brushed nickel hardwarePremium finishes throughout – Featuring MOEN® faucets with Power Clean™ technology and thoughtfully selected modern detailsDurable, stylish flooring – Beautiful laminated wood flooring by Mohawk with waterproof WetProtect® and EasyClean™ technology for effortless maintenanceEnergy-efficient features – Double-pane, Low-E vinyl windows help enhance comfort and efficiency year-roundSmart home conveniences – Includes Honeywell VisionPro™ Wi-Fi thermostats and LiftMaster® garage door openers for everyday easeBuilt-in organization – Engineered wood shelving provides practical and polished storage solutionsDesigner lighting package – Elegant Seagull interior and exterior lighting adds the perfect finishing touch to every home Offering flexibility and style, the lineup of floor plans include:
Bridgeland – 3 bed / 2 bath / 1,366 sq ft. Seamless layout effortlessly connects the chef-inspired kitchen, dining area, and spacious family room Montgomery – 3 bed / 2 bath / 1,579 sq ft. Offers a private dining room and expansive counterspace in the kitchen Ranch – 3 bed / 2 bath / 1,658 sq ft. Features an open-concept layout and an additional flex room Chatuge – 4 bed / 2.5 bath / 1,975 sq ft. Two-story plan with a spacious foyer and exceptional luxury master retreat About Hallimore Ranch
Situated just off US-59, Hallimore Ranch is located minutes from Brazos Town Center and Sugar Land. The community is also zoned to the highly regarded Lamar CISD, adding to its appeal for families. Beyond its beautifully designed homes, the community is planned with lifestyle in mind, featuring future amenities that encourage outdoor activity and neighborly connection. Homeowners will enjoy a 3.4-acre park with walking trails, a playground for active play, and a splash pad for cooling off during warm Texas days. With more than $5 million invested in these amenities, completion is expected later in 2026, further enhancing the community experience.
The Novo Collection by LGI will start from the $280s. A Grand Opening event will take place on May 30, 2025, with one-day-only savings and incentives. For more information, or to schedule a tour, interested homebuyers can call (844) 656-1585 ext 788 or visit LGIHomes.com/HallimoreRanchLGI.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f9657d4-4d81-42f7-9d8b-b2a6fd1ed440
The Chatuge Floor Plan by LGI Homes at Hallimore Ranch The Chatuge features a wide range of upgrades and modern details.
JACKSONVILLE, Fla., May 29, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced the Grand Opening of Trails West, a brand-new community located approximately 30 minutes southwest of downtown Jacksonville. Offering an exceptional selection of upgraded homes from the $240s, Trails West will complement LGI Homes’ growing offerings in the area.
“We are proud to announce the opening of Trails West, our multi-phase, 529-lot flagship community in Jacksonville, Florida. This community joins our six existing communities across Jacksonville and is well-positioned within the strong growth corridor at Normandy Boulevard and McClelland Rd,” stated Joel Green, Senior Vice President of Land Acquisitions and Development. “LGI Homes is excited to bring families high-quality, affordable homes within an amenitized community in this beautiful, fast-growing region of Northeast Florida.”
Surrounded by towering trees, serene ponds, and the breathtaking beauty of Jennings State Forest, Trails West offers a unique blend of tranquility, outdoor adventure, and everyday convenience. Trails West is designed for families seeking a peaceful pace of life without sacrificing access to all that the area has to offer. The community is located just minutes from Highway 23 and I-10, providing easy access to downtown, local schools, major employers, shopping, and dining.
“Trails West is the type of community that delivers exactly what today’s homebuyers are looking for: affordability, value, and location,” said Vice President of Sales Bosco Marchena. “With exciting growth happening throughout the surrounding area, we are confident this community will provide families with a place they are proud to call home that also offers strong long-term investment potential.”
Residents will enjoy an exciting lineup of planned amenities designed to bring neighbors together and encourage an active lifestyle. The amenity area, slated for completion in late 2026, is set to feature scenic walking paths, a community soccer field, spacious dog parks, and a fenced-in tot lot for endless family fun. Plus, with Jennings State Forest so close by, homeowners will have direct access to hiking trails, horseback riding, picnic areas, and countless outdoor adventures within minutes.
Trails West will offer a stunning selection of nine floor plans thoughtfully designed to fit a variety of lifestyles and family sizes. Both the CompleteHome™ and CompleteHome Plus™ packages will be offered, adding style and convenience for customers.
For more information or to schedule a tour, please call (855) 301-2254 ext 784 or visit LGIHomes.com/TrailsWest.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/da63ee37-0879-4627-858d-7ca7e43f0262
The Cecil by LGI Homes at Trails West The Cecil is a thoughtfully designed three-bedroom and two-bathroom home that is equipped with a hos...
THE WOODLANDS, Texas, June 02, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) and its premium brand, Terrata Homes, have launched their nationwide “Sunsational Summer Savings” sales event. During the limited-time promotion, homebuyers can shop move-in ready homes and take advantage of up to $40,000 in savings on their new home purchase.
“Our Sunsational Summer Savings event is designed to help buyers make the most of their move this summer with stylish, move-in ready homes, valuable included features and incredible limited-time savings,” said Rachel Eaton, Chief Marketing Officer at LGI Homes. “Whether buyers are looking for an affordable new home or a luxury living experience, this event offers compelling opportunities to find the right home for their lifestyle.”
During this event, customers can also enjoy a full suite of kitchen appliances with the purchase of their brand-new home. Featuring products from respected brands, Whirlpool® and KitchenAid®, customers can take advantage of these coveted appliance packages included with transparent prices. From thoughtfully designed floor plans to quality construction homes, upgraded interiors and desirable community amenities, both brands continue to offer buyers strong value and an exceptional homebuying experience across the country.
Homebuyers shopping during the event can expect:
Exclusive interest rate incentivesBuilder-paid closing costsIncluded Whirlpool® or KitchenAid® kitchen appliances (*details vary by community)Move-in ready homes, available nowDesigner upgrades includedCommunities located in desirable markets, nationwide Customers interested in learning more about the Sunsational Summer Savings event are encouraged to visit LGIHomes.com or TerrataHomes.com to schedule a tour.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/108af790-58ee-4854-988e-70f14493e488
LGI Homes and Terrata Homes celebrates Sunsational Summer Savings. LGI Homes and its luxury brand, Terrata Homes, are excited to announce the launch of their highly an...
THE WOODLANDS, Texas, June 03, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 498 homes in May 2026, which includes the closing of 24 currently or previously leased single-family rental homes. This represents a 19.7% increase compared to 416 homes closed in May 2025.
As of May 31, 2026, the Company had 150 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586 [email protected]
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
There are several stocks that currently pass through the screen and LGI Homes (LGIH - Free Report) is one of them. Here are the key reasons why this stock is a great candidate.
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 1.1%, the stock of this entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. LGIH meets this criterion too, as the stock gained 14.6% over the past 12 weeks.
Moreover, the momentum for LGIH is fast paced, as the stock currently has a beta of 1.87. This indicates that the stock moves 87% higher than the market in either direction.
Given this price performance, it is no surprise that LGIH has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped LGIH earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, LGIH is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. LGIH is currently trading at 0.66 times its sales. In other words, investors need to pay only 66 cents for each dollar of sales.
So, LGIH appears to have plenty of room to run, and that too at a fast pace.
In addition to LGIH, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
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THE WOODLANDS, Texas, June 05, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly recognizes National Homeownership Month, an annual celebration highlighting the lasting impact homeownership has on individuals, families and communities across the nation.
For more than two decades, LGI Homes has helped Americans achieve homeownership at every stage of life. Through its LGI Homes and Terrata Homes brands, the company offers a diverse range of homes designed to meet the evolving needs of homebuyers, from first-time homeowners to those seeking larger homes, luxury features, and lifestyle-focused communities. Since its founding in 2003, they have helped more than 80,000 families find a place to call home.
"National Homeownership Month is an opportunity to celebrate the many ways owning a home can enrich lives and create lasting opportunities," said Eric Lipar, Chief Executive Officer of LGI Homes. "Whether purchasing a first home, finding more space for a growing family or investing in a dream home, homeownership remains one of life's most meaningful milestones. We are proud to serve homebuyers at every stage of that journey."
Homeownership offers benefits that extend far beyond the walls of a house. It can provide stability, a sense of belonging, opportunities for personal growth, and a foundation for building lasting memories with family and friends. Across its communities nationwide, LGI Homes remains committed to delivering quality-built homes and an exceptional customer experience tailored to a variety of lifestyles and life stages.
Throughout June, both LGI Homes and Terrata Homes will celebrate National Homeownership Month by sharing homeowner stories and recognizing the families who have entrusted LGI Homes and Terrata Homes with one of life's most important decisions.
"Every homeowner's journey is unique," continued Lipar. "We are honored to play a role in helping families and individuals achieve their goals through homeownership. As we celebrate National Homeownership Month, we remain committed to providing homes that support our customers' needs today and for years to come."
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
SAN JACINTO, Calif., June 09, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce that its operations at the Esplanade community, in San Jacinto, California, have officially been awarded the prestigious Golden Gate Recognition by the California Department of Industrial Relations’ Cal/OSHA Consultation Service Branch.
The Golden Gate Certificate is a distinguished honor presented to high-performing employers who proactively establish, implement, and maintain exceptionally effective Injury and Illness Prevention Programs (IIPP) and health and safety management protocols that have been audited to comply with regulatory baselines. The achievement underscores LGI Homes' company-wide dedication to maintaining elite-tier jobsite safety and an uncompromised corporate culture focused on employee and subcontractor well-being.
The recognition followed an extensive, voluntary full-service safety and health consultation audit conducted on February 24, 2026, at the Esplanade community. Led by an expert Cal/OSHA Associate Safety Engineer, the jobsite survey involved a comprehensive evaluation of active framing operations, technical hazard surveys, and an in-depth review of safety programs.
“I am proud of our community being recognized by Cal/OSHA through their Golden Gate program,” said Mike Durham, Vice President of Operations. “This accomplishment represents our long-standing commitment to safety, which is tied directly to the quality of our homes.”
A central factor in securing the Golden Gate Recognition is LGI Homes’ industry-leading safety record. Verification of official Cal/OSHA documentation confirmed that LGI Homes has maintained an extraordinary record of zero reportable workplace injuries or illnesses over the past five consecutive years within its monitored operations.
“Partnering with Cal/OSHA is an important ingredient in homebuilding,” added Senior Construction Manager Charles Elliott, who oversees homebuilding operations at Esplanade. “It not only helps reduce accidents but also sets a strong example for other builders in our field.”
Furthermore, LGI Homes’ risk profile is underscored by its exceptional 2025 Experience Modification Rate (ExMod) of 0.76. An ExMod significantly below the industry standard baseline of 1.00 quantitatively validates that LGI Homes experiences substantially fewer and less severe workplace incidents compared to national and state averages within the homebuilding industry.
By voluntarily partnering with the Cal/OSHA Consultation Service Branch, LGI Homes continues to demonstrate a proactive approach to corporate compliance, leveraging state-level industry experts to validate its safety cultures, field engineering standards, and administrative excellence.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bca93c7c-989c-439f-829e-ba33a8ed5c13
The Mingus floor plan by LGI Homes at Esplanade LGI Homes Achieves Prestigious Cal/OSHA Golden Gate Recognition for Exemplary Safety Performance at ...
Key Takeaways Construction spending rose 0.4% in April, led by private and residential projects.DHI builds single-family homes across 91 markets in 29 states for varied buyers.LGIH targets renters with entry-level homes in Texas, Arizona, Florida and Georgia. Spending on construction projects is steadily gathering pace after months of struggle. Construction spending rose for the second straight month in April, powered by a surge in spending on private projects.
The housing industry has primarily been responsible for the overall growth in construction spending. Higher mortgage rates and higher tariffs have been posing challenges for the housing industry. However, higher demand for single-family homes has been boosting spending on housing projects.
Given this situation, investing in homebuilding stocks appears to be a wise decision. We have narrowed down our search to two homebuilding stocks: D.R. Horton (DHI - Free Report) and LGI Homes, Inc. (LGIH - Free Report) .
Construction Spending JumpsThe Commerce Department reported last week that construction spending jumped 0.4% sequentially in April after increasing 0.2% in March and surpassing analysts’ expectations of a rise of 0.2%.
Year over year, construction spending rose 0.9% in April. The solid jump in April was powered by robust spending on private construction projects, which rose 0.4% sequentially after climbing 0.2% in March.
Investments in residential construction projects rose 0.8% in April after advancing 0.6% in the prior month.
The construction industry has been facing several challenges in recent months. Persistently high inflation and the ongoing conflict with Iran have contributed to higher mortgage rates, while home prices have remained high, in part due to increased tariffs.
Despite these headwinds, demand for housing has remained strong. According to the National Association of Realtors, existing home sales rose 3.2% to a seasonally adjusted annual rate of 4.17 million in May from 4.02 million in April. Homebuilders are struggling to manage amid higher mortgage rates.
However, the demand for new homes has been high, and once the mortgage rates ease further, sales are expected to spike.
2 Homebuilding Stocks With UpsideD.R. HortonD.R. Horton is one of the leading national homebuilders, primarily engaged in the construction and sale of single-family houses both in the entry-level and move-up markets. DHI’s operations are spread over 91 markets across 29 states in the East, Midwest, Southeast, South Central, Southwest and West regions of the United States. D.R. Horton’s houses are sold under the brand names D.R. Horton - America’s Builder, Emerald Homes, Express Homes and Freedom Homes.
D.R. Horton’s expected earnings growth rate for next year is 12.5%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the past 60 days. DHI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
LGI Homes, Inc. LGI Homes, Inc. is engaged in the design and construction of entry-level homes across Texas, Arizona, Florida and Georgia. LGIH focuses on converting renters of apartments and single-family homes into homeowners by offering homes at affordable locations.
LGI Homes’ expected earnings growth rate for next year is 39.5%. The Zacks Consensus Estimate for current-year earnings has improved 12.7% over the past 60 days. LGIH has a Zacks Rank #2 (Buy).
