LGI Homes, Inc. Reports February 2026 Home Closings

LGI Homes (NASDAQ: LGIH) reported it closed 247 homes in February 2026, including 10 currently or previously leased single-family rental homes.

Rhea-AI Summary

LGI Homes (NASDAQ: LGIH) reported it closed 247 homes in February 2026, including 10 currently or previously leased single-family rental homes. As of February 28, 2026, the company operated 140 active selling communities.

Argus Mar 5 session

-3.74% close to close Open Argus

Details

News Market Reaction – LGIH

In the Mar 5 session, LGIH declined 3.74%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement provides an operational snapshot, highlighting 247 February home closings, includi...

Analysis

This announcement provides an operational snapshot, highlighting 247 February home closings, including 10 leased single-family rental homes, and 140 active selling communities as of February 28, 2026. In the context of recent filings that noted lower 2025 earnings and margin pressure, investors may watch how monthly closings stack up against 2026 targets, as well as trends in community count, pricing, and mix between for-sale and rental channels.

Key Figures

February 2026 closings: 247 homes Leased SFR closings: 10 homes Active selling communities: 140 communities

February 2026 closings

247 homes

Operational update for February 2026

Leased SFR closings

10 homes

Currently or previously leased single-family rental homes in February 2026 total

Active selling communities

140 communities

As of February 28, 2026

Historical Context

5 past events · Latest: 2026-02-27

5 events

1. 2026-02-27

   Community opening

   24h Move

   -3.5%

   Opened Meadow Brook, a 53-home community near Seattle with premium features.

2. 2026-02-17

   Earnings and guidance

   24h Move

   -4.4%

   Reported 2025 results with lower revenue, EPS and cautious 2026 guidance.

3. 2026-02-11

   Brand expansion

   24h Move

   -1.9%

   Terrata Homes’ first California community launch with higher-priced offerings.

4. 2026-02-04

   Monthly closings

   24h Move

   -1.3%

   January 2026 closings and active community count operational update.

5. 2026-01-30

   New community

   24h Move

   -0.1%

   Announced Monte Vista Collection community in California with upgraded features.

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 homes

1 terms

single-family rental homes financial

"it closed 247 homes in February 2026, which includes the closing of 10 currently or previously leased single-family rental homes."

Single-family rental homes are houses designed for one family to live in, rented out to tenants on a long-term basis. For investors, these properties provide a steady stream of income and a relatively stable way to participate in real estate markets, similar to owning a rental car fleet that generates regular revenue without the complexities of managing multiple tenants or property types.

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

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THE WOODLANDS, Texas, March 04, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 247 homes in February 2026, which includes the closing of 10 currently or previously leased single-family rental homes.

As of February 28, 2026, the Company had 140 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 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.

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 February 2026?

LGI Homes closed 247 homes in February 2026, a straight count of completed sales. According to LGI Homes, this total includes 10 single-family rental homes that were currently or previously leased, reflecting mixed sale sources in the month.

Does the February 2026 closing total for LGIH include rental homes?

Yes. The February 2026 total includes 10 currently or previously leased single-family rental homes. According to LGI Homes, those 10 units are part of the reported 247 homes closed during the month.

How many active selling communities did LGIH report as of February 28, 2026?

LGI Homes reported 140 active selling communities as of February 28, 2026, indicating its current sales footprint. According to LGI Homes, this figure represents communities open and actively selling at month-end.

What does LGIH's February 2026 closings announcement mean for investors?

The announcement documents operational activity: 247 homes closed in February 2026, showing sales throughput. According to LGI Homes, investors receive a monthly operational snapshot but no earnings, revenue, or guidance figures were provided in this release.

Where can investors find the counts for LGIH's February 2026 closed homes and communities?

Investors can reference the company's operational update reporting 247 closed homes and 140 active selling communities as of February 28, 2026. According to LGI Homes, those are the official month-end operational metrics released by the company.