LGI Homes Inc (LGIH) Reports February Home Closings As It Expands in Seattle Market

Core Insights - LGI Homes Inc (NASDAQ: LGIH) is recognized as one of the top homebuilder stocks favored by hedge funds [1] - The company reported 247 home closings in February 2026 and had 140 active selling communities as of February 28, 2026 [1] Financial Performance - In Q4 2025, LGI Homes closed 1,362 homes, totaling 4,685 homes for the entire year [2] - The average sales price per home closed in 2025 was $364,035, with projections for 2026 ranging from $355,000 to $365,000 [2] - The company achieved a gross margin of 20.7% in 2025, expecting it to remain stable at around 20% in 2026 [2] Liquidity Position - LGI Homes ended 2025 with $61.2 million in cash and had $273.6 million available under its revolving credit facility, resulting in total liquidity of $334.8 million [3] Market Expansion - The company has expanded its presence in the Seattle market with the opening of a new community called Meadow Brook in Puyallup, Washington, which features upgraded homes in a high-demand area [4] Company Overview - LGI Homes designs, constructs, and sells homes across 21 states and 36 markets in the US, having closed over 80,000 homes since its inception in 2003 [5] - The company has consistently delivered profitable financial results every year [5]