LGI Homes(LGIH)
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LGI Homes Opens New Community near Olympia, WA
Globenewswire· 2025-09-19 21:00
Core Insights - LGI Homes has announced the Grand Opening of Shelm Meadows, a new community in Yelm, Washington, featuring upgraded homes starting from the $490s [1][2] - This marks LGI Homes' return to Thurston County for the first time since 2019, emphasizing the company's commitment to building high-quality homes at affordable prices [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 [7][9] Community Features - Shelm Meadows will offer 90 new homes with 3-, 4-, and 5-bedroom options, ranging from approximately 1,300 to 2,800 square feet, featuring LGI Homes' CompleteHome™ interior package [3] - The community will include amenities such as park space, playgrounds, and direct access to the Yelm Prairie Line Trail for outdoor activities [5] Floor Plans - Various floor plans available at Shelm Meadows include: - The Beech: 1,343 sq. ft. | 3 bed / 2.5 bath - The Bainbridge: 1,431 sq. ft. | 3 bed / 2 bath - The Cypress: 1,623 sq. ft. | 3 bed / 2.5 bath - The Hawthorn: 1,843 sq. ft. | 4 bed / 2.5 bath - The Mercer: 2,378 sq. ft. | 4 bed / 2.5 bath - The Whidbey: 2,776 sq. ft. | 5 bed / 3 bath [8] Upcoming Events - The Grand Opening of Shelm Meadows is scheduled for September 20, 2025, with exclusive discounts and incentives available for a limited time [6]
LGI Homes Kicks Off Annual “Make Your Move” National Sales Event
Globenewswire· 2025-09-16 21:00
Core Points - LGI Homes has launched the "Make Your Move" National Sales Event, offering special pricing and financing options for homebuyers [1][2] - The event aims to enhance homeownership accessibility, allowing buyers to save up to $50,000 on new homes through various incentives [2][3] - The sales event runs until October 19, 2025, and encourages potential buyers to explore available options online [3] Company Overview - LGI Homes, headquartered in The Woodlands, Texas, operates in 36 markets across 21 states and has closed over 75,000 homes since its inception in 2003 [4] - The company is recognized for its innovative approach to homebuilding and has consistently delivered profitable results, earning accolades for quality construction and customer service [4] - LGI Homes has received multiple workplace awards, including the Top Workplaces USA 2025 Award, reflecting its commitment to employee satisfaction [4]
LGI Homes Kicks Off Annual “Make Your Move” National Sales Event
Globenewswire· 2025-09-16 21:00
Core Insights - LGI Homes, Inc. has launched the "Make Your Move" National Sales Event, offering special pricing and financing options for homebuyers across the U.S. [1] - The event aims to enhance homeownership accessibility, allowing buyers to save up to $50,000 on new homes through various incentives [2][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 inception in 2003 [4] - The company is recognized for its quality construction and customer service, earning accolades such as being named one of Newsweek's World's Most Trustworthy Companies [4] - LGI Homes has a workforce of over 1,000 employees and has consistently delivered profitable financial results [4]
Citizens JMP Lifts PT on LGI Homes (LGIH) Stock
Yahoo Finance· 2025-09-16 18:50
Core Viewpoint - LGI Homes, Inc. is recognized as one of the best housing stocks to buy according to hedge funds, with a recent price target increase from Citizens JMP to $85 from $75, maintaining an "Outperform" rating [1][2] Financial Performance - In Q2 2025, LGI Homes delivered 1,323 homes at an average sales price of $365,446, resulting in $483.5 million in revenue [1] - The gross margin and adjusted gross margin increased by 190 basis points sequentially to 22.9% and 25.5%, respectively [2] - In Q3 2024, home sales revenue rose due to an increase in the average sales price to $371,000, up 5.2% year-over-year, with home closings totaling 1,757 homes, flat compared to the prior year but up 6% sequentially [3] Strategic Focus - The company is focusing on cost savings and improved efficiency while aiming to enhance profit margins and earnings per share (EPS) [2] - LGI Homes has reduced its expected closings for fiscal year 2024 to a range of 6,100-6,400 homes from an initial range of 7,000-8,000 homes, while raising gross margin expectations [3] - The company is prioritizing margins over volume amid a U.S. housing shortage estimated at two-to-four million homes, having spent the last two years building its inventory of developed lots and raw land [3] Market Outlook - LGI Homes remains confident in the long-term outlook of the broader housing market, supported by healthy demographics and a structural shortage of new homes [2] - The active community count grew by 30% year-over-year and 8% sequentially to 138, positioning the company to meet its year-end target of 150 active communities and significantly increase home closings in FY 2025 [3]
LGI Homes, Inc. Reports August 2025 Home Closings
Globenewswire· 2025-09-04 21:33
Company Performance - LGI Homes, Inc. closed 372 homes in August 2025, including 14 currently or previously leased single-family rental homes [1] - As of August 31, 2025, the company had 142 active selling communities [1] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states [2] - The company has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year [2] - LGI Homes is recognized for its quality construction and exceptional customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [2] - The company has received numerous workplace awards, including the Top Workplaces USA 2025 Award [2]
LGI Homes Opens New Master-Planned Community in Jarrell, Texas
Globenewswire· 2025-08-27 21:33
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]
LGI Homes Announces Homes for Sale at Neuse Ridge in Clayton, NC
GlobeNewswire News Room· 2025-08-21 21:30
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]
LGI Homes Expands Presence Near Fort Pierce in Indian River Estates
Globenewswire· 2025-08-20 21:00
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]
美国房屋建筑商概念股普遍上涨,股强劲数据和轮动交易带来支撑
Jin Rong Jie· 2025-08-19 22:19
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]
LGI Homes Introduces 17 New Floor Plans Across Minneapolis Area Communities
Globenewswire· 2025-08-14 22:00
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]