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 (LGIH) delivers essential updates for stakeholders tracking this innovative homebuilder's progress in affordable residential construction. This centralized resource aggregates official press releases, regulatory filings, and market-moving developments related to LGIH's strategic operations across 7 U.S. regions.
Investors and analysts will find timely information on quarterly earnings, land acquisition strategies, and community development initiatives. The curated collection emphasizes LGIH's core operational strengths – controlled land development processes, cost-efficient construction models, and targeted market expansion.
Content spans critical business areas including new community launches, operational milestones, leadership updates, and sustainability initiatives. Each entry maintains factual reporting aligned with SEC compliance standards, providing reliable data for investment research and market analysis.
Bookmark this page for streamlined access to LGIH's evolving corporate narrative within the competitive homebuilding sector. Regular updates ensure stakeholders remain informed about the company's progress in delivering affordable, amenity-rich housing solutions nationwide.
LGI Homes (NASDAQ: LGIH) announces the grand opening of two new Houston-area communities: Canterra Creek in Iowa Colony and Trails at Cochran Ranch in Waller. Canterra Creek offers 3-4 bedroom homes (1,375-2,339 sq ft) starting in the $290s, featuring the CompleteHome™ package with premium amenities including a lazy river, pools, and sports courts.
The community's location provides easy access to Houston's major employers via Highway 288. Trails at Cochran Ranch, located in Waller, offers affordable 3-4 bedroom homes from the low-$200s, featuring open-concept layouts and community amenities including a park, playground, and walking trails. Both communities come with built-in upgrades such as granite countertops, stainless steel Whirlpool® appliances, and luxury vinyl-plank flooring.
LGI Homes (NASDAQ: LGIH) has reported its home closings for March and the first quarter of 2025. The company achieved 426 home closings in March 2025 and a total of 996 home closings during the first quarter. As of March 31, 2025, LGI Homes maintained 146 active selling communities.
The company has scheduled its first quarter 2025 earnings release for Tuesday, April 29, 2025, before market opening, followed by a conference call at 12:30 p.m. Eastern Time to discuss the results.
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%.
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