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2026-07-22 13:12 3d ago
2026-07-22 08:00 3d ago
LGI Homes Introduces Cypress Gardens with Grand Opening Event in Marana, Arizona
LGIH LGI Homes
FMP Stock News
Original source text
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
2026-07-20 22:44 5d ago
2026-07-20 17:00 5d ago
LGI Homes Unveils New Section at The Meadows with Grand Opening Event in Mebane, North Carolina
LGIH LGI Homes
FMP Stock News
Original source text
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:

Burton – 3 beds, 2 baths, 2-car garage, 1,853 sq. ft.

Johnson – 3 beds, 2 baths, 2-car garage, 2,094 sq. ft.

Palmer – 4 beds, 2.5 baths, 2-car garage, 1,890 sq. ft.

Rolen – 4 beds, 2.5 baths, 2-car garage, 2,294 sq. ft.

Craven – 4 beds, 2.5 baths, 2-car garage, 2,397 sq. ft.

Paisley – 4 beds, 3 baths, 2-car garage, 2,500 sq. ft.

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...
2026-07-08 22:45 17d ago
2026-07-08 17:15 17d ago
LGI Homes Unveils The Meadows at Riverside with Grand Opening Event in Falling Waters, West Virginia
LGIH LGI Homes
FMP Stock News
Original source text
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.

Birch – 3 beds, 2.5 baths, 2-car garage, 1,742 sq. ft.

Craven – 4 beds, 2.5 baths, 2-car garage, 2,397 sq. ft.

Davidson – 4 beds, 2.5 baths, 2-car garage, 1,800 sq. ft.

Rolen – 4 beds, 2.5 baths, 2-car garage, 2,294 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.
2026-07-06 22:49 19d ago
2026-07-06 18:33 19d ago
LGI Homes, Inc. Reports June and Second Quarter 2026 Home Closings and Announces Date for Second Quarter Earnings Conference Call
LGIH LGI Homes
FMP Stock News
Original source text
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]
2026-06-30 20:44 25d ago
2026-06-30 15:45 25d ago
LGI Homes, Inc. Announces Anticipated Dual Listing on Nasdaq Texas Stock Exchange
LGIH LGI Homes
FMP Stock News
Original source text
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]
2026-06-24 15:54 1mo ago
2026-06-22 10:50 1mo ago
LGI Homes Stock Climbs 56% in 3 Months: Is Further Upside Likely?
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-24 15:54 1mo ago
2026-06-23 08:00 1mo ago
LGI Homes Celebrates Grand Opening of Chima Ranch in Yuba City, California
LGIH LGI Homes
FMP Stock News
Original source text
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
2026-06-12 17:50 1mo ago
2026-04-28 15:11 2mo ago
LGI Homes, Inc. (LGIH) Q1 2026 Earnings Call Transcript
LGIH LGI Homes
FMP Stock News
Original source text
LGI Homes, Inc. (LGIH) Q1 2026 Earnings Call Transcript
2026-06-12 17:50 1mo ago
2026-05-05 10:55 2mo ago
Wall Street Analysts Predict a 47.79% Upside in LGI Homes (LGIH): Here's What You Should Know
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-12 17:50 1mo ago
2026-05-05 18:06 2mo ago
LGI Homes, Inc. Reports April 2026 Home Closings
LGIH LGI Homes
FMP Stock News
Original source text
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]
2026-06-12 17:50 1mo ago
2026-05-06 08:00 2mo ago
LGI Homes Introduces Cider Hill: New Townhome Community in Winston-Salem, NC
LGIH LGI Homes
FMP Stock News
Original source text
May 06, 2026 08:00 ET  | Source: LGI Homes, Inc.

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.
2026-06-12 17:50 1mo ago
2026-05-07 08:00 2mo ago
LGI Homes Unveils New Willow Estates Community in Charlotte, NC, Market
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-12 17:50 1mo ago
2026-05-12 09:46 2mo ago
2 Homebuilding Stocks to Watch as Construction Spending Rebounds
LGIH LGI Homes
FMP Stock News
Original source text
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).
2026-06-12 17:50 1mo ago
2026-05-15 17:00 2mo ago
LGI Homes Opens New Community Within Los Lunas' Expanding Los Senderos Development
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-12 17:50 1mo ago
2026-05-18 08:00 2mo ago
LGI Homes Opens Cypress Trails, a Premier Master-Planned Community Near Cypress, Texas
LGIH LGI Homes
FMP Stock News
Original source text
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...
2026-06-12 17:50 1mo ago
2026-05-22 10:56 2mo ago
Does LGI Homes (LGIH) Have the Potential to Rally 43.48% as Wall Street Analysts Expect?
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-12 17:50 1mo ago
2026-05-22 17:00 2mo ago
LGI Homes Unveils Allen Townhomes: Modern Living North of Seattle
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-12 17:50 1mo ago
2026-05-28 10:40 1mo ago
Is LGI Homes (LGIH) Outperforming Other Construction Stocks This Year?
LGIH LGI Homes
FMP Stock News
Original source text
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.
2026-06-12 17:50 1mo ago
2026-05-28 17:00 1mo ago
LGI Homes Introduces the Novo Collection at Hallimore Ranch, a Master-Planned Community in Rosenberg, Texas
LGIH LGI Homes
FMP Stock News
Original source text
May 28, 2026 17:00 ET  | Source: LGI Homes, Inc.

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.
2026-06-12 17:50 1mo ago
2026-05-29 08:00 1mo ago
LGI Homes Opens 529-Home Master-Planned Community in West Jacksonville
LGIH LGI Homes
FMP Stock News
Original source text
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...
2026-06-12 17:50 1mo ago
2026-06-02 17:00 1mo ago
LGI Homes Launches “Sunsational Summer Savings” National Sales Event
LGIH LGI Homes
FMP Stock News
Original source text
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...
2026-06-12 17:50 1mo ago
2026-06-03 18:14 1mo ago
LGI Homes, Inc. Reports May 2026 Home Closings
LGIH LGI Homes
FMP Stock News
Original source text
June 03, 2026 18:14 ET  | Source: LGI Homes, Inc.

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]
2026-06-12 17:50 1mo ago
2026-06-04 09:55 1mo ago
LGI Homes (LGIH) Is Attractively Priced Despite Fast-paced Momentum
LGIH LGI Homes
FMP Stock News
Original source text
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.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.
2026-06-12 17:50 1mo ago
2026-06-05 08:00 1mo ago
LGI Homes Celebrates National Homeownership Month
LGIH LGI Homes
FMP Stock News
Original source text
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
2026-06-12 17:50 1mo ago
2026-06-09 17:00 1mo ago
LGI Homes Achieves Prestigious Cal/OSHA Golden Gate Recognition for Exemplary Safety Performance at Esplanade Community
LGIH LGI Homes
FMP Stock News
Original source text
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 ...
2026-06-12 17:50 1mo ago
2026-06-10 09:11 1mo ago
2 Homebuilding Stocks in Focus as Construction Spending Rebounds
LGIH LGI Homes
FMP Stock News
Original source text
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).