THE WOODLANDS, Texas, Sept. 04, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 372 homes in August 2025, which includes the closing of 14 currently or previously leased single-family rental homes. As of August 31, 2025, the Company had 142 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 a ...

Core Insights - LGI Homes, Inc. announces the grand opening of Canyon Ranch, a new master-planned community in North Austin, featuring a variety of home styles and floor plans to cater to modern homebuyers [1][2][3] Company Overview - LGI Homes is recognized as a pioneer in the homebuilding industry, operating across 36 markets in 21 states, and has closed over 75,000 homes since its inception in 2003 [14] - The company has consistently delivered profitable financial results and has been acknowledged for its quality construction and customer service [14] Community Features - Canyon Ranch will include 1,100 homesites and a range of planned amenities such as pickleball courts, a beach-entry pool, and a splash pad, aimed at enhancing the lifestyle of first-time buyers and their families [2][3][11] - The community is strategically located near the I-35 corridor, providing residents with access to one of Texas' strongest employment areas, including proximity to Samsung's $17 billion semiconductor site set to open in 2026 [3] Home Offerings - Homes at Canyon Ranch start at $229,900, with options ranging from two-bedroom villas of 1,186 square feet to five-bedroom floor plans of up to 2,897 square feet [4] - The CompleteHome™ package includes various features at no extra cost, such as landscaped yards, modern technology upgrades, and a full suite of stainless steel appliances [5] - The CompleteHome Plus™ package offers additional upgrades, including brick exteriors and enhanced interior features, ensuring a modern and comfortable living experience [6][12] Sales and Marketing - The grand opening event for Canyon Ranch is scheduled for August 30, 2025, where homebuyers will have the opportunity to view floor plans and access exclusive discounts [13]

Core Insights - LGI Homes, Inc. announces the grand opening of a new section in Neuse Ridge, Clayton, North Carolina, providing an opportunity for homebuyers to purchase new homes in a desirable community [1][4] - The community is strategically located with easy access to major highways and employment centers, making it attractive for commuters [1][2] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [5] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service [5] Community Features - Neuse Ridge will feature 25 uniquely designed homes, emphasizing privacy and community integration [2] - The homes are priced starting at $339,900 and include LGI Homes' CompleteHome™ package, which features energy-efficient appliances and modern design elements [3] Location Benefits - The community is located near recreational facilities such as the Glen Laurel Golf Course and the Venison Ridge Swim and Tennis Club, appealing to families and active individuals [3] - Neuse Ridge is served by top-rated Johnston County schools, enhancing its appeal for families focused on education [2]

Core Insights - LGI Homes, Inc. is expanding its presence in Fort Pierce with new construction homes in Indian River Estates, providing convenient access to Port St. Lucie and Fort Pierce [1] - The company aims to offer a more affordable alternative to renting in the Port St. Lucie area, highlighting its previous success in the market [2] - Indian River Estates combines small-town charm with easy access to local attractions, promoting a peaceful suburban lifestyle [3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [6] - LGI Homes has received numerous workplace awards, including the Top Workplaces USA 2025 Award, reflecting its commitment to excellence [6] Community Features - Indian River Estates offers a variety of floor plans, including homes with 2 to 4 bedrooms and prices starting from $348,900 to $464,900 [9][11] - The community is designed to facilitate an active lifestyle with access to local attractions such as the Savannas Recreation Center and nearby beaches [3]

Core Insights - The S&P Composite Homebuilders Index rose by 1.5%, reaching its highest closing point since December 11, 2024, following data that showed U.S. housing starts in July increased to a five-month high, contrary to expectations of a decline in housing starts for July [1] Company Performance - Home Depot saw a stock increase of 3.17% - Lennar's stock rose by 2.15% - LGI Homes experienced a 1.88% increase in stock price - D.R. Horton shares increased by 1.79% - KB Home's stock rose by 1.72% - PulteGroup saw a 1.68% increase - Century Communities' stock rose by 1.44% - Berkshire Hathaway Class B shares increased by 1.42% [1]

Core Insights - LGI Homes, Inc. has introduced 17 new floor plans across four communities in the Minneapolis area, enhancing options for homebuyers with modern features and spacious layouts [1][2][4] Product Offerings - The new floor plans include a variety of designs, with ten new plans at Cambridge Cove, featuring both two-story and single-story options ranging from approximately 1,100 to over 2,400 square feet [2] - The Rachel plan at Triplett Farms is highlighted as the largest option available, accommodating five bedrooms and three bathrooms, suitable for growing or multigenerational families [2] - At Parkside, the Becker townhome is introduced as the smallest floor plan, ideal for first-time buyers or those looking to downsize [3] - Meadows North now offers multiple townhome plans, including Becker, Fox, Hubert, and Mays, with two to four bedrooms and upgraded finishes [3] - Triplett Farms features six new plans, including the Rachel, Floyd, Hancock, Henderson, Madden, and Olson, with two to five bedrooms and chef-ready kitchens [4] Value Proposition - Each new home includes the CompleteHome™ package, which encompasses stainless steel appliances, quartz countertops, designer cabinetry, and energy-efficient features, all included in the purchase price [5] - Homes are move-in ready with pricing starting in the $280s, providing quick access to schools, shopping, parks, and commuter routes [6] Company Overview - LGI Homes is recognized as a pioneer in the homebuilding industry, operating in 36 markets across 21 states and has closed over 75,000 homes since its founding in 2003 [8] - The company has consistently delivered profitable financial results and has received national recognition for quality construction and customer service [8]

Core Insights - LGI Homes, Inc. has announced the opening of Brayden Preserve, a new community featuring 70 single-family homes designed for buyers seeking space and convenience near Raleigh-Durham [1][2] Group 1: Community Features - Brayden Preserve is strategically located 15 minutes from Sanford and 30 minutes from Fort Bragg, making it ideal for commuters to Fayetteville, Raleigh, and Research Triangle Park [1][2] - The community offers homesites ranging from half an acre to 3 acres, providing a blend of quiet living and access to urban amenities [1] - Homes at Brayden Preserve start at $329,900 and include LGI Homes' CompleteHome™ package, featuring energy-efficient appliances and spacious layouts [3][4] Group 2: Home Designs - Four floor plans are available, including options for one-level living and first-floor master plans [4] - Specific home models include: - Blanco: 3 beds, 2 baths, 2-car garage, 1,316 sq. ft. - Avery: 3 beds, 2.5 baths, 2-car garage, 1,800 sq. ft. - Carolina: 3 beds, 2.5 baths, 2-car garage, 1,700 sq. ft. - Rolen: 4 beds, 2.5 baths, 2-car garage, 2,294 sq. ft. [10] Group 3: Market Position and Recognition - LGI Homes is recognized as one of America's fastest-growing homebuilders, having closed over 75,000 homes since its founding in 2003 [6] - The company has received accolades for quality construction and customer service, including a spot on Newsweek's list of the World's Most Trustworthy Companies [6]

Homes at Brayden Preserve feature LGI Homes' signature CompleteHome™ package, which includes energy- efficient stainless-steel Whirlpool® appliances, granite countertops, 36-inch upper cabinets with crown molding, programmable thermostats, Low-E vinyl windows, and Wi-Fi-enabled garage door openers. Each new home comes move-in ready, with spacious layouts and attached two-car garages on oversized lots. Homes will start from $329,900. "Our floor plans have something for everyone, including 1-level living and ...

LGI Homes (LGIH 8.88%), a national homebuilder focused on entry-level buyers, released its second quarter fiscal 2025 earnings on August 5, 2025. The most notable news was that Both revenue and earnings per share (GAAP) beat Wall Street estimates, with revenue (GAAP) reported at $483.5 million (vs. $477.4 million consensus) and GAAP earnings per share at $1.36 (vs. $1.28 consensus). Despite these beats, both figures (GAAP) fell sharply from the same quarter last year. Management described sequential improve ...

Company Performance - LGI Homes, Inc. closed 381 homes in July 2025, indicating ongoing operational activity and sales performance [1] - As of July 31, 2025, the company had 143 active selling communities, reflecting its market presence and expansion strategy [1] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, showcasing its extensive reach in the homebuilding industry [2] - Since its founding in 2003, LGI Homes has closed over 75,000 homes and has delivered profitable financial results every year, highlighting its growth and sustainability [2] - The company has received national recognition for quality construction and customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [2] - LGI Homes employs over 1,000 individuals and has earned numerous workplace awards, including the Top Workplaces USA 2025 Award, indicating a strong corporate culture and employee satisfaction [2]