LGI Homes, Inc. Reports April 2026 Home Closings

LGI Homes (NASDAQ: LGIH) reported it closed 446 homes in April 2026, including 22 currently or previously leased single-family rental homes.

Rhea-AI Summary

LGI Homes (NASDAQ: LGIH) reported it closed 446 homes in April 2026, including 22 currently or previously leased single-family rental homes. As of April 30, 2026, the company had 148 active selling communities.

Argus May 6 session

+2.30% close to close Open Argus

Details

News Market Reaction – LGIH

On May 6, the first trading day after this news, LGIH closed 2.30% above the previous close.

Data tracked by StockTitan Argus for the May 6 session.

Key Figures

April 2026 home closings: 446 homes Leased SFR closings: 22 homes Active communities: 148 communities

April 2026 home closings

446 homes

Total homes closed in April 2026

Leased SFR closings

22 homes

Currently or previously leased single-family rental homes closed in April 2026

Active communities

148 communities

Active selling communities as of April 30, 2026

Historical Context

5 past events · Latest: Apr 28

5 events

1. Apr 28

   Earnings and guidance

   24h Move

   +8.0%

   Q1 2026 results with raised full‑year adjusted gross margin guidance.

2. Apr 21

   New community launch

   24h Move

   +2.0%

   Grand opening of Citrus Place community in Polk County, Florida.

3. Apr 17

   Market expansion

   24h Move

   +6.0%

   Grand opening of Desert Edge community near Salt Lake City.

4. Apr 15

   New community launch

   24h Move

   -0.2%

   Opening of Sherman Heights community in Sherman, Texas.

5. Apr 15

   Workplace recognition

   24h Move

   -3.1%

   USA TODAY Top Workplaces award for the sixth consecutive year.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

single-family rental

1 terms

single-family rental financial

"includes the closing of 22 currently or previously leased single-family rental homes"

A single-family rental is a standalone house rented to one household rather than sold, like owning a detached family home and collecting monthly rent instead of living in it. For investors, these properties matter because they generate steady rental income, behave differently than apartment buildings in values and tenant turnover, and carry distinct costs and risks (maintenance, vacancy, local housing trends) that affect returns and portfolio diversification.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
investorrelations@lgihomes.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many homes did LGIH close in April 2026?

LGI Homes closed 446 homes in April 2026. According to LGI Homes, this total includes 22 single-family rental homes that were currently or previously leased, and reflects closings completed during the month.

How many leased single-family rental homes were included in LGIH April 2026 closings?

LGI Homes included 22 leased single-family rental homes in the April 2026 closings. According to LGI Homes, these units were either currently leased or had been previously leased at the time of closing.

How many active selling communities did LGIH have as of April 30, 2026?

As of April 30, 2026, LGI Homes reported 148 active selling communities. According to LGI Homes, that figure reflects communities where homes were available for sale at the end of the month.

What does LGIH's April 2026 closings update mean for investors?

The update reports operational activity: 446 homes closed in April 2026 and 148 active communities at month-end. According to LGI Homes, this is a monthly operational snapshot rather than guidance or forward-looking financial guidance.

When will LGIH likely report the next monthly closings update?

LGI Homes typically provides monthly operational updates following month-end closings. According to LGI Homes, the next routine update would usually be issued after the end of May 2026 with that month's closing totals.