THE WOODLANDS, Texas, June 07, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) commemorates National Homeownership Month. "At LGI Homes, we are proud to have helped over 70,000 families achieve the dream of homeownership," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Each year, we commemorate National Homeownership Month by educating buyers on the financial and personal benefits homeownership brings. Despite the current challenges to affordability, we continue to focus our eff ...

THE WOODLANDS, Texas, June 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 579 homes in May 2024. CONTACT: Joshua D. Fattor Executive Vice President, Investor Relations and Capital Markets (281) 210-2586 investorrelations@lgihomes.com As of May 31, 2024, the Company had 130 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 a ...

THE WOODLANDS, Texas, May 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) is proud to announce the success of Service Impact Day 2024. During this special event, every LGI Homes employee turns from their focus on sales and closings and dedicates an entire day to supporting local charities through volunteerism and financial gifts. "Service Impact Day is one of the most significant and rewarding days of the year," stated Eric Lipar, Chief Executive Officer and Chairman of LGI Homes. "Service Impact ...

CAMBRIDGE, Minn., May 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the grand opening of Cambridge Cove, a new single-family home community located north of Minneapolis in Cambridge. Of the six plans built by LGI Homes at this community, five are brand-new to the Minneapolis market. Cambridge Cove's convenient location off MN-65 provides homeowners with commuter access to the employment and attractions offered on the north side of Minneapolis, as well as proximity to an array of ...

RIVERBANK, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the opening of its second community in the Modesto, California, market, Diamond Bar East. This incredible community offers a variety of one and two-story homes and is located northeast of Modesto in the friendly town of Riverbank. "We are excited to be a part of the tremendous growth here in Riverbank. Diamond Bar East is so close to everything and offers an easy commute to the Bay Area. However, you don't need ...

BAKERSFIELD, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) announces the opening of a new section at Morningstar Ranch, its first community in Bakersfield. This community offers single story homes in a highly sought after area and is a quick 10-minute drive to downtown Bakersfield. "We are proud to provide the opportunity of homeownership in Bakersfield. Morningstar Ranch is a special community tucked away in a unique area. We have successfully sold out of all of our previous phases ...

THE WOODLANDS, Texas, May 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 505 homes in April 2024. As of April 30, 2024, the Company had 127 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. As one of America's fastest growing companies, L ...

MARYSVILLE, Wash., May 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the grand opening of The Village at Whiskey Ridge, a new community located in Marysville, Washington. The new community is situated 5 miles east of I-5 and less than a mile from WA-9, providing commuters access to major employment centers and attractions in Marysville, Everett and Bellevue. The Village at Whiskey Ridge features family-friendly amenities and an incredible lineup of move-in-ready townhomes at som ...

LGI Homes, Inc. (NASDAQ:LGIH) Q1 2024 Earnings Conference Call April 30, 2024 12:30 PM ET Finally, we ended the quarter with 120 active communities, an increase of 21% over the prior year. This is the highest community count in our history. In addition, we opened 13 new communities in March that will be added to community count as they deliver closings. 4,154 were completed homes, information centers and homes in progress. During the quarter, we started 1,810 homes to meet current demand and ensure complete ...

LGI Homes (LGIH) reported $390.85 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 19.8%. EPS of $0.72 for the same period compares to $1.14 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $420.15 million, representing a surprise of -6.97%. The company delivered an EPS surprise of -29.41%, with the consensus EPS estimate being $1.02.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...