Lgi Homes Inc Stock Price, News & Analysis

LGI Homes (NASDAQ: LGIH) has introduced two new townhome floor plans at Yarbrough Farms in Pilot Point, Texas, near Dallas-Fort Worth, with prices starting from the high-$290s. The new designs include:

The Addison plan (1,545 sq ft) features: - 2 bedrooms with en-suite bathrooms - 2.5 bathrooms total - 2-car garage - Open-concept living - Upstairs laundry room

The Marsh plan (1,798 sq ft) includes: - 3 bedrooms - 2.5 bathrooms - 2-car garage - Open-concept main floor - Covered back patio - Upstairs loft

Both plans come with the CompleteHome Plus™ package, featuring granite countertops, luxury vinyl plank flooring, Whirlpool® appliances, and designer finishes.

LGI Homes (NASDAQ:LGIH) announces the opening of Northridge, a new residential community in Montrose, Minnesota, west of Minneapolis. The development will feature 27 single-family homes starting in the mid-$300s, offering floor plans ranging from 1,157 to 2,317 square feet with 3-4 bedrooms and 2-2.5 bathrooms. Each home includes LGI's CompleteHome™ upgrades package and attached 2-3 car garages.

Located 1.5 miles from US-12W in Wright County, Northridge provides easy access to Buffalo and Twin Cities metro areas. The community features Northridge Park with walking trails, playground, and ice rink. This expansion follows LGI's successful Summerfield project in Waverly, where only 11 homes remain available.

LGI Homes (NASDAQ: LGIH) has announced its expansion in Tampa, Florida with new scattered lot homesites in Spring Hill, complementing its existing Royal Highlands community in Brooksville. The expansion offers homes ranging from 1,032 to 1,981 square feet, featuring 2-4 bedrooms and up to 3 bathrooms, with prices starting in the $290s.

All homes include the CompleteHome™ package with premium features like granite countertops, Whirlpool® appliances, white wood cabinetry, LED lighting, and Wi-Fi-enabled garage door openers. The strategic location in Spring Hill's Nature Coast area provides residents access to outdoor activities, beaches, and urban amenities, targeting families, retirees, and outdoor enthusiasts.

LGI Homes (NASDAQ: LGIH) has launched sales at Creekside Estates in Terrell, Texas, featuring 141 new lots. The community offers homes ranging from $308,900 to $373,900, with floor plans spanning 1,316 to 2,501 square feet. Each home includes the CompleteHome™ package with energy-efficient features and modern finishes.

The development includes multiple amenities such as a swimming pool, children's playground, and planned park facilities for 2026. Located in Kaufman County with access to the highly-rated Terrell Independent School District, the community features an on-site elementary school and proximity to Dallas. Home options include 3-5 bedroom layouts, all equipped with granite countertops, luxury vinyl plank flooring, and energy-efficient appliances.

LGI Homes and its luxury brand Terrata Homes announce expansion in Cape Coral, Florida, with two new sales offices. LGI Homes offers affordable single-story homes in northern Cape Coral, ranging from 3-5 bedrooms (1,140-1,862 sq ft) and priced from the $340s to $420s. These homes include the CompleteHome™ package featuring Whirlpool® appliances, granite countertops, and luxury wood cabinetry.

The luxury brand Terrata Homes introduces larger homes ranging from 1,670-3,496 sq ft, priced from the $440s to $650s. These premium properties feature designer-inspired interiors, quartz countertops, and select plans include three-car garages and outdoor kitchens.

LGI Homes (NASDAQ: LGIH) reported its operational results for April 2025, announcing the closure of 450 homes during the month. As of April 30, 2025, the company maintained 147 active selling communities across its operations. This monthly update provides insight into the company's ongoing operational performance and market presence in the residential construction sector.

LGI Homes has launched Peach Crossings, a new 52-lot community in Winter Haven, Florida. The development features five new floor plans ranging from 1,160 to 2,244 square feet, with prices starting from $333,900 to $414,900. All homes come equipped with the CompleteHome™ package, including stainless steel Whirlpool® appliances, granite countertops, and smart home technology.

Located between Orlando and Tampa, Peach Crossings offers amenities including a children's playground, picnic pavilion, and two community ponds. The community is near LEGOLAND® Florida Resort and provides access to over 50 lakes. This marks LGI Homes' sixth community in Polk County, expanding their presence in Central Florida's growing market.

Terrata Homes, the luxury brand of LGI Homes, launches its largest development to date with 518 lots at Hallimore Ranch in Rosenberg, Texas. The community introduces seven modern floor plans on 55- and 60-foot lots, featuring contemporary exteriors with stone and stucco façades, black-framed windows, and sleek garage doors.

Homes range from 2,154 to 3,166 square feet, offering three to six bedrooms. Premium features include chef-ready kitchens with quartz countertops, KitchenAid appliances, and designer cabinetry. Starting from the mid-$400s, the development will include a 3.4-acre park with walking trails, playground, and splash pad, representing a $5 million investment in amenities set for Spring 2026 completion.

Located off US-59 near Brazos Town Center and Sugar Land, Hallimore Ranch combines upscale living with small-town charm, emphasizing open layouts, natural light, and outdoor living spaces.

LGI Homes reported Q1 2025 financial results with home sales revenues of $351.4 million from 996 home closings at an average price of $352,831. The quarter included a one-time $8.6 million expense for their forward commitment incentive program.

Despite affordability challenges and rate volatility, LGI maintains its 2025 guidance of 6,200-7,000 home closings across 160-170 active communities. However, due to potential tariff impacts, they adjusted gross margin guidance downward by 150 basis points at the low end and 100 basis points at the high end, now expecting 21.7-23.2%.

Key Q1 highlights:

• Net income: $4.0 million ($0.17 per share)
• Active selling communities: 146
• Total owned/controlled lots: 67,792
• Ending backlog: 1,040 homes valued at $406.2 million
• Total liquidity: $360.0 million