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LGI Homes Announces Year-End Savings National Sales Event, Extending Exclusive Offers Across LGI Homes and Terrata Homes Communities Nationwide
Globenewswire· 2025-12-01 22:00
THE WOODLANDS, Texas, Dec. 01, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc., one of the nation’s leading homebuilders, has launched its Year-End Savings National Sales Event. Now through December 31, 2025, homebuyers can take advantage of significant savings, exclusive financing opportunities, and move-in-ready inventory across LGI Homes and its luxury brand, Terrata Homes. This sales event provides an opportunity for families to secure a brand-new home before the end of the year. LGI Homes is offering exceptio ...
Can Opendoor's Expanding D2C Funnel Drive a Capital-Light Strategy?
ZACKS· 2025-11-27 16:30
Key Takeaways Opendoor is expanding its D2C funnel to reduce reliance on holding large volumes of homes.OPEN saw over 20% of Q3 sellers choose direct channels, with tests showing stronger conversion.Opendoor added faster D2C features, including USDC payments, to cut friction and aid a capital-light shift.Opendoor Technologies Inc. (OPEN) is expanding its direct-to-consumer (D2C) funnel as part of a shift toward a model that relies less on holding large volumes of homes. The company is reopening direct selle ...
The Bottom Fishing Club - Forestar Group: Land Development Trading Under Net Assets (NYSE:FOR)
Seeking Alpha· 2025-11-20 08:41
Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 39 years of trading experience, emphasizing his contrarian stock selection style and algorithmic analysis [1] Group 1: Investment Strategies - Paul Franke developed a system called "Victory Formation," which focuses on identifying supply/demand imbalances through specific stock price and volume movements [1] - The "Bottom Fishing Club" articles target deep value stocks or those showing significant upward technical momentum reversals [1] - The "Volume Breakout Report" articles analyze positive trend changes supported by strong price and volume trading actions [1] Group 2: Performance and Recognition - Franke was consistently ranked among the top investment advisors nationally during the 1990s and achieved the 1 position in the Motley Fool® CAPS stock picking contest in 2008 and 2009 out of over 60,000 portfolios [1] - As of September 2025, he was ranked in the Top 4% of bloggers by TipRanks® for 12-month stock picking performance over the last decade [1] Group 3: Risk Management - Franke advises investors to implement stop-loss levels of 10% or 20% on individual stock choices and to maintain a diversified portfolio of at least 50 well-positioned stocks to enhance regular stock market outperformance [1]
Can Opendoor 2.0 Redefine iBuying Through AI and Automation?
ZACKS· 2025-11-18 17:21
Core Insights - Opendoor Technologies Inc. is undergoing a significant transformation under new CEO Kaz Nejatian, shifting from a consultant-driven model to an AI-native real estate platform, which could redefine the economics of iBuying if executed successfully [1][4] Automation and AI Integration - The company has launched over a dozen AI-powered products, including automated home scoping and title workflows, which have drastically reduced home assessment times from nearly a day to about 10 minutes and cut underwriting staff from 11 to 1 [2][11] Performance Metrics - Weekly acquisition contracts have nearly doubled from mid-September to late October, enhancing inventory and buyer conversion, with management aiming for adjusted net income breakeven by the end of 2026 [3][11] Competitive Landscape - Offerpad Solutions, Inc. is a direct competitor, mirroring Opendoor's iBuying model, while LGI Homes operates in adjacent segments, utilizing technology to expedite home market entry, pressuring Opendoor to enhance automation across its processes [5][6][7][8] Stock Performance and Valuation - Opendoor's stock has surged 889% over the past six months, significantly outperforming the industry's 3.8% decline, and currently trades at a forward price-to-sales multiple of 1.42, well below the industry average of 4.68 [9][13]
LGI Homes Announces New Community in the Bakersfield Market
Globenewswire· 2025-11-17 22:00
Core Insights - LGI Homes, Inc. is launching a new community named Orchard Park in Shafter, California, which will feature affordable, move-in ready homes [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 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] Community Features - Orchard Park will offer five floor plans ranging from approximately 1,454 to 2,529 square feet, with up to five bedrooms and three bathrooms [4] - Each home will include the CompleteHome™ package, featuring stainless steel appliances, granite countertops, luxury vinyl plank flooring, and smart-home technology at no extra cost [4] Location and Amenities - The community is strategically located near shopping, dining, and major employers in the growing Bakersfield region, providing convenience while maintaining a peaceful neighborhood atmosphere [3] - Residents will have access to a community park with amenities such as a children's playground, picnic areas, and outdoor fitness stations [3] Sales Information - Homes at Orchard Park will be available starting November 22, 2025, with pricing options designed to accommodate various budgets [5]
LGI Homes, Inc. Reports Third Quarter 2025 Results
Globenewswire· 2025-11-04 12:00
Core Insights - LGI Homes, Inc. reported strong financial results for Q3 2025, meeting guidance and reflecting disciplined execution of strategic objectives [1][2] - The company closed 1,107 homes, generating $396.6 million in revenue, with significant increases in net orders and backlog [2][7] - The outlook for Q4 2025 anticipates closing between 1,300 and 1,500 homes, with expected average sales prices and margins within specified ranges [2][13] Q3 2025 Highlights - Home sales revenues reached $396.6 million, with home closings totaling 1,065 and an average sales price of $372,424 [7][18] - Gross margin was 21.5% and adjusted gross margin was 24.5% [7][18] - Net income for the quarter was $19.7 million, translating to $0.85 basic and diluted EPS [7][18] Nine Months Ended September 30, 2025 Highlights - Total home sales revenues for the nine months were $1.2 billion, with 3,384 home closings and an average sales price of $363,929 [7][22] - Gross margin for the nine months was 21.9% and adjusted gross margin was 24.6% [7][22] - Net income for the nine months was $55.2 million, with basic EPS of $2.38 and diluted EPS of $2.37 [7][22] Backlog and Orders - The company ended Q3 2025 with a backlog of 1,305 homes valued at $498.7 million, a 19.9% increase year-over-year [2][27] - Net orders for the nine months were 4,098, with a cancellation rate of 28.1% [27][28] Fourth Quarter 2025 Outlook - The company expects to close between 1,300 and 1,500 homes in Q4 2025, with average sales prices projected between $365,000 and $375,000 [2][13] - Gross margin is anticipated to be between 21% and 22%, with adjusted gross margin between 24% and 25% [2][13] Balance Sheet Highlights - Total assets as of September 30, 2025, were $4.04 billion, with total liabilities of $1.96 billion [15][16] - The company had total equity of $2.08 billion and a net debt to capital ratio of 44.8% [12][35] Company Overview - LGI Homes is recognized for its innovative approach in the homebuilding industry, operating across 36 markets in 21 states [11] - The company has closed over 75,000 homes since its founding in 2003 and has consistently delivered profitable results [11]
D.R. Horton (DHI) Q4 Earnings Miss Estimates
ZACKS· 2025-10-28 12:41
Core Insights - D.R. Horton reported quarterly earnings of $3.04 per share, missing the Zacks Consensus Estimate of $3.29 per share, and down from $3.92 per share a year ago, representing an earnings surprise of -7.60% [1] - The company posted revenues of $9.68 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.38%, but down from $10 billion year-over-year [2] - D.R. Horton shares have increased by approximately 13.6% year-to-date, compared to the S&P 500's gain of 16.9% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $2.31 on revenues of $7.22 billion, and for the current fiscal year, it is $12.04 on revenues of $34.67 billion [7] Industry Context - The Building Products - Home Builders industry, to which D.R. Horton belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]
LGI Homes Unveils Exciting New Floor Plans at Lago Mar in Texas City
Globenewswire· 2025-09-25 21:00
Core Insights - LGI Homes has launched new floor plans at Lago Mar, starting at $289,900, featuring the CompleteHome™ package that offers modern design and high-end finishes [1][4] - The CompleteHome™ package includes a variety of premium features such as stainless steel appliances, granite countertops, and advanced flooring technology [2][4] - Lago Mar is positioned as a unique community with a 12-acre Crystal Lagoons® amenity, enhancing the living experience with recreational options [3][6] Product Offerings - New floor plans include: - Atchison: 3 bed / 2 bath / 1,621 sq ft with an open-concept layout [5] - Ontario: 3 bed / 2 bath / 1,739 sq ft featuring a private dining room [5] - Reed: 4 bed / 2 bath / 1,819 sq ft with a deluxe master suite [5] - Kendall: 4 bed / 2 bath / 1,929 sq ft with a kitchen island [5] - Willow: 4 bed / 2.5 bath / 2,198 sq ft, a two-story plan with spacious bedrooms [5] Community Features - Lago Mar offers a private residents-only recreation center, resort-style pool, fitness center, and children's playgrounds [6] - The community includes hiking and biking trails, grill stations, and easy access to shopping and dining [6] - Future developments around the lagoon will include retail, dining, and entertainment options, adding value for residents [3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states [8] - The company has closed over 75,000 homes since its founding in 2003 and has consistently delivered profitable financial results [8] - Recognized for quality construction and customer service, LGI Homes has received multiple workplace awards, including the Top Workplaces USA 2025 Award [8]
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]