LGI Homes(LGIH)

Search documents
LGI Homes (LGIH) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-08-05 13:20
Core Insights - LGI Homes reported quarterly earnings of $1.36 per share, exceeding the Zacks Consensus Estimate of $1.21 per share, but down from $2.48 per share a year ago [1] - The earnings surprise was +12.40%, while the previous quarter saw a significant miss with actual earnings of $0.46 compared to an expected $0.75, resulting in a surprise of -38.67% [2] - The company generated revenues of $483.49 million for the quarter, surpassing the Zacks Consensus Estimate by 1.14%, but down from $602.5 million year-over-year [3] Earnings Outlook - The future performance of LGI Homes' stock will largely depend on management's commentary during the earnings call and the sustainability of the recent price movements [4] - The stock has underperformed the market, losing about 38.9% year-to-date compared to the S&P 500's gain of 7.6% [4] - Current consensus EPS estimate for the upcoming quarter is $2.06 on revenues of $630.67 million, and for the current fiscal year, it is $5.83 on revenues of $2.16 billion [8] Industry Context - The Real Estate - Development industry, to which LGI Homes belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [6] - The unfavorable trend in estimate revisions prior to the earnings release has resulted in a Zacks Rank 5 (Strong Sell) for LGI Homes, indicating expected underperformance in the near future [7]
LGI Homes(LGIH) - 2025 Q2 - Quarterly Results
2025-08-05 12:32
EXHIBIT 99.1 LGI Homes, Inc. Reports Second Quarter 2025 Results THE WOODLANDS, Texas, August 5, 2025 (GLOBE NEWSWIRE) - LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter and the six months ended June 30, 2025. "We delivered solid results in the second quarter including profitability metrics at the high end of our prior guidance range," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "In the second quarter, we delivered 1,323 homes at an average sale ...
LGI Homes, Inc. Reports Second Quarter 2025 Results
Globenewswire· 2025-08-05 11:00
THE WOODLANDS, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter and the six months ended June 30, 2025. "We delivered solid results in the second quarter including profitability metrics at the high end of our prior guidance range," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "In the second quarter, we delivered 1,323 homes at an average sales price of $365,446, resulting in $483.5 million in revenue. Addi ...
LGI Homes Debuts Rhyne Court in Gastonia, NC
GlobeNewswire News Room· 2025-07-30 20:00
GASTONIA, N.C., July 30, 2025 (GLOBE NEWSWIRE) -- LGI Homes (NASDAQ:LGIH) is proud to announce the grand opening of Rhyne Court, an exciting new townhome community nestled in Gastonia, North Carolina, approximately 30 minutes from Charlotte Douglas International Airport. Prospective homeowners can secure a brand-new townhome at Rhyne Court starting at just $249,900 with zero down options available. "We're thrilled to announce our newest townhome community in Gastonia, where affordability meets style. With p ...
Earnings Preview: LGI Homes (LGIH) Q2 Earnings Expected to Decline
ZACKS· 2025-07-29 15:10
LGI Homes (LGIH) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the ...
LGI Homes Debuts Robindale Community East of Downtown Winston-Salem
Globenewswire· 2025-07-25 12:00
Core Insights - LGI Homes, Inc. is launching its new community, Robindale, in Winston-Salem, with special discounts and incentives for the opening weekend on July 26, 2025 [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 founding in 2003 [7] - 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 [7] Community Features - Robindale is strategically located for easy commutes to downtown Winston-Salem, nearby employers, schools, parks, and shopping [2] - The community will offer single-family homes with three to four bedrooms and living spaces up to 2,000 square feet, featuring modern designs and high-quality finishes [3][4] - Each home includes the CompleteHome™ package, which consists of various modern upgrades at no additional cost [4] Home Offerings - The homes at Robindale include several floor plans, such as: - The Ashe: 1,388 square feet, three bedrooms, two bathrooms [8] - The Carolina: 1,700 square feet, three bedrooms, two-and-a-half bathrooms [8] - The Avery: 1,800 square feet, three bedrooms, two-and-a-half bathrooms [8] - The Durham: 1,548 square feet, three bedrooms, two-and-a-half bathrooms, exclusive to Robindale [8] - The Cary: 1,552 square feet, three bedrooms, two bathrooms [8] - The Camden: 2,002 square feet, four bedrooms, two-and-a-half bathrooms [8] Community Benefits - Residents will enjoy a peaceful environment while being close to cultural attractions and entertainment in downtown Winston-Salem [5] - The community offers move-in ready homes and builder-paid closing costs, presenting a valuable opportunity for homeownership in a growing area [5]
LGI Homes Unveils New Townhome Plans at Cottonwood Greens in Fort Lupton, Colorado
Globenewswire· 2025-07-23 21:22
Core Insights - LGI Homes, Inc. is launching five new townhome floor plans at Cottonwood Greens, a community located in Fort Lupton, Colorado, with public introduction on July 26, 2025 [1][4] - The starting price for these new townhomes is set at $399,900, featuring innovative layouts and upgraded features [5] Group 1: Community Features - Cottonwood Greens is conveniently located near US-85 and Hwy 52, providing easy access to downtown Denver and local amenities such as parks and schools [2] - The community includes family-friendly amenities like walking trails, open green spaces, and multiple playgrounds [2] Group 2: Townhome Details - The new section will consist of 137 townhomes, increasing the total count of townhomes and single-family homes in the community to 547 [4] - The townhomes will include a CompleteHome™ package with upgrades such as stainless steel Whirlpool® appliances, granite countertops, and fully landscaped front yards at no extra cost [5] Group 3: Company Background - 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 [7] - The company has consistently delivered profitable financial results and has received numerous awards for quality construction and customer service [7]
LGI Homes Unveils New Phase at Atherstone, Bringing More Affordable Homes to Angier, North Carolina
Globenewswire· 2025-07-21 20:38
Core Insights - LGI Homes, Inc. is launching a new phase at Atherstone in Angier, North Carolina, with a Grand Opening scheduled for July 26, 2025, featuring six new floor plans and limited-time discounts [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 founding in 2003 [8] - 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 [8] New Development Details - The new section at Atherstone includes six spacious layouts with three to four bedrooms and over 2,000 square feet of living space, starting from the low-$300s [3] - Each home features oversized lots, two-car garages, and fully upgraded kitchens, with the CompleteHome™ package offering premier upgrades at no additional cost [5][3] Community Features - Atherstone is located three miles from US-401, combining small-town charm with big-city convenience, and includes amenities such as a children's playground, dog park, picnic area, and barbecue pits [6] Floor Plan Highlights - The new floor plans include: - Aaron: 3 bed / 2 bath / 1,172 sq. ft. [11] - Blanco: 3 bed / 2 bath / 1,316 sq. ft. [11] - Cary: 3 bed / 2 bath / 1,552 sq. ft. [11] - Birch: 3 bed / 2.5 bath / 1,742 sq. ft. [11] - Avery: 3 bed / 2.5 bath / 1,800 sq. ft. [11] - Camden: 4 bed / 2.5 bath / 2,002 sq. ft. [11]
LGI Homes Debuts Three New Floor Plans at The Valley in Elgin, South Carolina
Globenewswire· 2025-07-15 20:30
Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, focusing on innovative home design, construction, and sales [4] - The company has closed over 75,000 homes since its founding in 2003 and has consistently delivered profitable financial results [4] - LGI Homes has been recognized for its quality construction and customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [4] New Product Launch - LGI Homes has launched three new floor plans at The Valley community in Elgin, SC, with only 36 homes remaining in the 244-lot neighborhood [2][3] - The new floor plans are designed to blend comfort, functionality, and affordability, featuring the CompleteHome™ package with no added cost [2] - Each home includes premium features such as stainless steel appliances, granite countertops, luxury vinyl flooring, and energy-efficient components [2] Floor Plan Details - The Blanco: A one-story home with three bedrooms, two bathrooms, and 1,316 square feet, starting at $282,900 [7] - The Carolina: A two-story design with three bedrooms, two-and-a-half bathrooms, and 1,700 square feet, priced from $298,900 [7][9] - The Avery: Offering 1,800 square feet with three bedrooms and two-and-a-half bathrooms, available from $306,900 [7] Community Features - The Valley community is set in a peaceful, tree-lined area with quick access to Columbia, providing a balance of small-town charm and modern convenience [3] - Residents benefit from proximity to major employers, local schools, shopping, dining, and outdoor recreation [3]
Crystal Creek by LGI Homes Brings Premium Townhome Living to Spring Hill, TN
Globenewswire· 2025-07-11 20:30
Core Insights - LGI Homes, Inc. has launched its new community, Crystal Creek, in the Nashville market, featuring townhomes with included upgrades and convenient access to local amenities [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 [6]. - The company is recognized for its quality construction and exceptional customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [6]. Community Features - Crystal Creek offers two-story townhomes with three bedrooms and two-and-a-half bathrooms, ranging from 1,794 to 1,952 square feet [4][11]. - Homes are equipped with the CompleteHome Plus™ package, featuring upgraded amenities at no additional cost, including chef-ready kitchens with Whirlpool® appliances and smart-home technology [4]. - The community includes various amenities such as parks, multi-purpose fields, and shaded walking trails connecting to the City of Spring Hill Greenway [3]. Pricing and Availability - Move-in ready homes in Crystal Creek start in the mid-$400s, with potential buyers encouraged to schedule appointments or visit the information center [5].