Welcome to our dedicated page for Lgi Homes news (Ticker: LGIH), a resource for investors and traders seeking the latest updates and insights on Lgi Homes stock.
LGI Homes, Inc. (NASDAQ: LGIH) is an established homebuilder focused on the design, construction and sale of new homes, and its news flow offers insight into both operational performance and community development activity. Regular press releases cover home closings by month and quarter, active selling community counts and segment-level performance, giving investors and observers a detailed view of how many homes the company is delivering and where it is concentrating its efforts.
News items frequently highlight quarterly and year-to-date financial results, including home sales revenues, home closings, average sales prices, gross margins, adjusted gross margins, backlog and liquidity metrics. These updates are often paired with commentary from management on strategy, demand for entry-level and attainable housing and expectations for future closings and community counts.
Beyond earnings-related announcements, LGI Homes publishes news on new community openings and product launches. Recent examples include new single-family communities in Florida, new floor plans in Utah and townhome communities in Minnesota, as well as limited-release luxury communities offered through its Terrata Homes division. Such releases describe floor plans, included upgrades, community amenities and pricing ranges, giving context on the company’s product mix and geographic reach.
The company also announces national sales events and promotional campaigns, outlining incentives, financing opportunities and builder-paid closing cost offers across LGI Homes and Terrata Homes communities. Together, these news updates provide a comprehensive view of LGI Homes’ growth, community pipeline and positioning in the U.S. homebuilding market, making the LGIH news page a useful resource for tracking the company’s ongoing activity.
LGI Homes (NASDAQ: LGIH) has announced the grand opening of Springbrook Reserve, its first Terrata Homes branded community in the Nashville market, located in White House, Tennessee. The luxury development offers new homes ranging from 1,700 to 2,700 square feet, with prices starting in the high-$400s.
The community features premium amenities including a private neighborhood park, walking trails, picnic areas, and a community fire pit. Each home comes with upgraded features such as stainless steel appliances, granite countertops, 42" upper cabinets, luxury vinyl plank flooring, and covered outdoor living spaces.
Located in a peaceful setting with easy access to Nashville's attractions and served by Sumner County schools, Springbrook Reserve offers various floor plans with up to five bedrooms. The homes showcase open-concept layouts, flex rooms, and spacious laundry rooms, all professionally landscaped with two-car garages.
LGI Homes (NASDAQ: LGIH) announces its return to Spring Valley Ranch in Elizabeth, Colorado through its move-up brand, Terrata Homes. The development features five new floor plans ranging from 1,608 to 3,043 square feet, offering three to five bedrooms with prices starting from the $600s.
The luxury homes include premium features such as stainless-steel appliances, quartz countertops, 42" upper cabinets, luxury vinyl plank flooring, and finished two- to three-car garages. The community, located south of Denver, provides residents with:
- Access to a park with playground, gazebo, and walking trails
- Proximity to Spring Valley Ranch Golf Club with 18-hole course
- Easy access to Hwy 83
- Quick commute to Parker, Centennial, and Denver amenities
LGI Homes (NASDAQ: LGIH) has announced the grand opening of Middlefield Towns, a new townhome community in Graham/Burlington, North Carolina. The development offers modern, open-concept townhomes featuring three bedrooms and two-and-a-half bathrooms.
Located strategically between Raleigh/Durham and Greensboro, the community is situated just minutes from I-40, providing convenient access to major hubs. Each home includes the CompleteHome™ package, featuring Whirlpool® appliances, luxury vinyl-plank flooring, granite countertops, designer cabinetry with crown molding, and Wi-Fi-enabled garage doors at no additional cost.
The development's location offers residents access to nearby downtowns, workplaces, schools, shopping, dining options, recreational parks, and family-friendly attractions. Move-in-ready homes are currently available for prospective buyers.
LGI Homes (NASDAQ: LGIH) announces the opening of two new communities near Portland, Oregon: Dove Landing in Woodburn and Copper Heights in Milwaukie.
Dove Landing offers affordable homes starting from the $390s, featuring three- to five-bedroom floor plans with CompleteHome™ package including granite countertops, Whirlpool® appliances, and luxury vinyl-plank flooring. Located off I-5, it provides easy access to Portland and Salem.
Copper Heights, developed under LGI's luxury brand Terrata Homes, offers premium homes starting in the $700s. The community features three- to five-bedroom homes with upscale amenities including quartz countertops, black stainless steel KitchenAid appliances, and 42" cabinets. The development includes a private neighborhood park, playground, green spaces, and picnic area.
LGI Homes (NASDAQ: LGIH) has announced the opening of a new section at Timberlake Preserve in Youngsville, North Carolina, northeast of Raleigh. The development features three-, four-, and five-bedroom homes in both one- and two-story layouts, equipped with the CompleteHome Plus™ package including stainless steel appliances, granite countertops, and luxury vinyl plank flooring.
The community offers family-oriented amenities including a pavilion, grill area, playground, soccer field, and walking trails. Located minutes from Wake Forest, the development provides easy access to major employers in the Raleigh-Durham area, along with nearby parks, dining, and shopping options.
New homes at Timberlake Preserve are available starting from the $350s.
LGI Homes (NASDAQ: LGIH) has announced that its luxury brand, Terrata Homes, is launching sales at Stoneridge Hills, a new master-planned community in Rock Hill, South Carolina. Located near the I-77 corridor with easy access to Charlotte, North Carolina, the development offers three- and four-bedroom homes starting in the low-$500s.
The community features extensive amenities including pickleball and bocce ball courts, cornhole stations, a children's playground, dog park, and a private neighborhood park with picnic areas. Each home includes Terrata's upgrade package with modern features such as stainless steel appliances, quartz countertops, tile backsplash, crowned cabinetry, and energy-efficient elements like double-pane windows and programmable thermostats.
The homes showcase spacious, open-concept floor plans with flexible spaces including game rooms, flex rooms, large laundry rooms, mudrooms and covered outdoor living areas.
LGI Homes (NASDAQ: LGIH) reported its operational results for February 2025. The company achieved 351 home closings during the month. As of February 28, 2025, LGI Homes maintained 150 active selling communities in its portfolio.
LGI Homes (NASDAQ: LGIH) reported its Q4 and full-year 2024 results. Despite a mixed macroeconomic backdrop, LGI Homes achieved full-year closings of 6,131 homes, including a bulk sale of 103 leased single-family homes. The company ended the year with a record 151 active communities, up 29.1%. Full-year gross margin was 24.2%, and adjusted gross margin was 26.3%, representing increases of 120 and 160 basis points, respectively. Pre-tax net income margin rose to 11.8%, up 70 basis points. For Q4, home sales revenues decreased 8.4% to $557.4 million, and home closings fell 12.8% to 1,533 homes. Average sales price per home increased 5.1% to $363,598. Q4 gross margin decreased 50 basis points to 22.9%, while adjusted gross margin increased 10 basis points to 25.2%. Net income before taxes dropped 2.1% to $67.1 million, and net income decreased 2.3% to $50.9 million.
LGI Homes issued its 2025 guidance, projecting home closings between 6,200 and 7,000 and an average sales price between $360,000 and $370,000. The company expects gross margins between 23.2% and 24.2% and adjusted gross margins between 25.5% and 26.5%.
LGI Homes (NASDAQ: LGIH) has announced the grand opening of Ligurian Village, a new community in Stockton, California. The development offers affordable three-, four-, and five-bedroom homes starting from the $440s, featuring spacious, open layouts and the CompleteHome™ package.
Each residence comes with built-in upgrades including Whirlpool® kitchen appliances, granite countertops, and modern plank flooring included in the base price. Located less than five miles from downtown Stockton, the community provides convenient access to I-5 and CA-99, connecting residents to major employers, medical facilities, and local attractions.
The family-oriented neighborhood is surrounded by over 15 parks within a 10-mile radius, including Sousa Park, Victory Park, and Stribley Park and Community Center. Residents can enjoy various amenities, from outdoor recreation to entertainment options like Regal Stockton City Center and downtown Stockton's vibrant atmosphere.
LGI Homes (NASDAQ: LGIH) has announced the opening of two new communities in northeast Atlanta: Lake Preserve at Jackson Trail in Jefferson and Oakwood Terrace in Oakwood, with homes starting in the low-$300s.
Lake Preserve at Jackson Trail offers amenities including a private lake, playground, and pavilion, providing easy access to local parks, dining, shopping, and Athens. Oakwood Terrace features move-in ready townhomes near I-985 and Lake Lanier, offering convenient access to Atlanta.
Both communities include LGI's CompleteHome™ package featuring Whirlpool® kitchen appliances, granite countertops, upgraded wood cabinetry with crown molding, and plank flooring at no additional cost.