LGI Homes, Inc. (LGIH) LGI Homes, Inc. engages in the design, construction, and sale of new homes in the United States. It markets and sells attached and detached entry-level homes and active adult offerings under the LGI Homes brand; and luxury homes under the Terrata Homes brand. The company also engages in the wholesale business, which includes building and selling homes to large institutions interested in acquiring single-family rental properties through bulk sales agreements. It operates in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
Sector: Operative Builders
Industry: Residential Construction
LGI Homes, Inc. NASDAQ:LGIH Consumer Cyclical · Residential Construction
Prev close $47.15 -3.35%Close $45.57 0.00% AH close $45.57
Press Release
LGI Homes, Inc. Reports October 2026 Home Closings
LGI Homes closed 297 homes in October 2026, including 9 single-family rental homes that are currently or previously leased.
As of October 31, 2026, the company had 151 active selling communities.
The monthly closing update contains no revenue, pricing, or year-over-year comparison, limiting its analytical value ahead of quarterly results.
• 4d ago AI analysis › Press Release ● Major ⚠ 5
LGI Homes, Inc. Reports Third Quarter 2026 Results
LGI Homes reported Q3 2026 total revenues of $444.5 million, up 10.2% YoY, with net income of $24.6 million or $1.05 per diluted share versus $0.85 a year ago.
Homebuilding gross margin was 20.2% (23.7% adjusted), above the midpoint of guidance, and net debt to capital improved 420 bps YoY to 40.6%.
However, demand signals deteriorated sharply: nine-month net orders fell to 2,869 from 4,098, the cancellation rate jumped to 48.9% from 28.1%, and ending backlog dropped to 685 homes ($273.7M) from 1,305 ($498.7M).
Management narrowed full-year 2026 closings guidance to 4,600-4,800 homes, citing slower sales and affordability pressure, while maintaining all other outlook items.
• 5d ago AI analysis › Press Release
LGI Homes Announces the Opening of New Community in Weatherford, Texas
LGI Homes opened Chisolm Park, a new single-family home community in Weatherford, Texas, about 30 miles east of Fort Worth.
The community offers six floor plans with three or four bedrooms ranging from 1,359 to 2,839 square feet, with homes starting from the $300s.
This is a routine community-opening release with no new financial figures, guidance, or strategic developments for the company.
• 23d ago AI analysis › Press Release
LGI Homes, Inc. Reports September and Third Quarter 2026 Home Closings and Announces Date for Third Quarter Earnings Conference Call
LGI Homes closed 386 homes in September 2026, up 9.0% from 354 a year earlier, including 8 single-family rental homes.
Third-quarter closings totaled 1,222 homes, a 10.4% increase over 1,107 in Q3 2025, with 151 active selling communities at quarter-end.
Full financial results will be released before market open on November 3, 2026, followed by a 12:30 p.m. ET conference call.
• 1mo ago AI analysis › Press Release ⚠ 2
LGI Homes & Terrata Homes Launches “Make Your Move” National Sales Event with Limited-Time Savings and Incentives
LGI Homes kicked off its Make Your Move National Sales Event on September 18, a limited-time promotion running across LGI Homes and Terrata Homes communities nationwide.
Buyers at LGI communities can access incentives on select move-in ready inventory including builder-paid closing costs, included upgrades and special interest rate incentives, while the Terrata luxury brand is offering $25,000 in Flex Cash on select homes.
CEO Eric Lipar framed the event as expanding access to homeownership, but an incentive-heavy push ahead of the holiday season is the kind of promotion analysts will watch for margin give-up in Q4 order and backlog data.
• 1mo ago AI analysis › Press Release
LGI Homes, Inc. Reports August 2026 Home Closings
LGI Homes closed 409 homes in August 2026, a 9.9% increase from the 372 homes closed in August 2025, including 9 homes that are currently or previously leased single-family rentals.
As of August 31, 2026, the company operated 153 active selling communities across 36 markets in 21 states.
The release contains no pricing, revenue, or margin detail, so it reads as a steady-demand data point rather than an earnings-quality signal, though near-double-digit volume growth supports the demand backdrop heading into the fall selling season.
• 2mo ago AI analysis › Press Release
LGI Homes Recognized in U.S. News & World Report's 2026-2027 Best Companies to Work For
LGI Homes was named to U.S. News & World Report's 2026-2027 Best Companies to Work For list in the Real Estate and Facilities Management category.
The recognition is based on employee sentiment regarding pay, benefits, work-life balance, and company culture.
CEO Eric Lipar attributed the award to the dedication of the company's employees and the strong culture they have built.
• 3mo ago AI analysis › Press Release
LGI Homes, Inc. Reports July 2026 Home Closings
LGI Homes reported 427 home closings in July 2026, a 12.1% increase compared to the 381 homes closed in July 2025.
The monthly total included 16 single-family rental homes, while the company maintained 152 active selling communities as of July 31.
Since its founding in 2003, the builder has closed over 80,000 homes across 36 markets in 21 states.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
LGI Homes, Inc. Reports Strong Second Quarter 2026 Results and Increases Full-Year 2026 Average Sales Price and Homebuilding Gross Margin Guidance Ranges
LGI Homes reported Q2 2026 total revenue of $516.0 million, with homebuilding revenue increasing 3.7% year-over-year to $501.5 million on an 8.8% rise in home closings to 1,440 units.
The company raised full-year 2026 guidance for the second consecutive quarter, increasing its expected homebuilding gross margin to 19.0%-21.0% and average sales price to $360,000-$370,000.
Management strengthened the balance sheet by reducing debt by $128.6 million, ending the quarter with a debt-to-capital ratio of 42.6% and net debt-to-capital ratio of 41.6%.
• 3mo ago AI analysis › Press Release
LGI Homes Expands in North Dallas with the Opening of Blue Ridge Crossing
LGI Homes announced the grand opening of Blue Ridge Crossing, a new community in Blue Ridge, Texas, featuring 212 homesites upon completion.
Homes in the development range from 1,300 to 2,500 square feet with three to five bedrooms and are priced from the $290s, including the company's CompleteHome package.
A special sales event is scheduled for August 8–9, 2026, as the company continues its expansion in the North Dallas area.
• 3mo ago AI analysis › Press Release
LGI Homes Introduces Cypress Gardens with Grand Opening Event in Marana, Arizona
LGI Homes announced the grand opening of Cypress Gardens, a new single-family home community in Marana, Arizona, featuring three-, four-, and five-bedroom floor plans with modern upgrades.
The community offers amenities such as parks, walking trails, and a dog park, with home prices starting in the mid-$300s and a $5,000 incentive available during the opening event.
This expansion represents continued growth in the Tucson metropolitan area, where LGI Homes aims to capitalize on the demand for quality, affordable housing.
• 3mo ago AI analysis › Press Release
LGI Homes Unveils New Section at The Meadows with Grand Opening Event in Mebane, North Carolina
LGI Homes announced the grand opening of a new section at The Meadows, an established community in Mebane, North Carolina.
The expansion features three-, four- and five-bedroom homes ranging from 1,853 to 2,500 square feet, all including the CompleteHome Plus package with upgrades like granite countertops and stainless steel appliances.
A grand opening event with exclusive savings will be held on July 25.
• 3mo ago AI analysis › Press Release
LGI Homes Unveils The Meadows at Riverside with Grand Opening Event in Falling Waters, West Virginia
LGI Homes announced the grand opening of The Meadows at Riverside, a new single-family home community in Falling Waters, West Virginia. The neighborhood offers three- and four-bedroom homes featuring the company's CompleteHome Plus package, which includes granite countertops and stainless steel appliances at no additional cost.
The community provides amenities such as pickleball courts and walking paths, located centrally between Martinsburg and Hagerstown near major commuter routes. This opening represents an expansion of LGI Homes' footprint in the region.
A grand opening event is scheduled for the weekend of July 11 and 12, 2026, offering limited-time savings for prospective buyers.
• 4mo ago AI analysis › Press Release
LGI Homes, Inc. Reports June and Second Quarter 2026 Home Closings and Announces Date for Second Quarter Earnings Conference Call
LGI Homes reported closing 496 homes in June 2026, an 8.5% increase compared to 457 homes in June 2025.
For the second quarter of 2026, the company closed 1,440 homes, up 8.8% from 1,323 homes in the prior-year period, with active selling communities totaling 151 as of June 30.
The company scheduled its second quarter 2026 earnings release for before the market opens on Tuesday, August 4, 2026, followed by a conference call at 12:30 p.m. Eastern Time.
• 4mo ago AI analysis › Press Release
LGI Homes, Inc. Announces Anticipated Dual Listing on Nasdaq Texas Stock Exchange
LGI Homes announced approval for a dual listing of its common stock on Nasdaq Texas, a new exchange for companies with Texas ties.
The company will maintain its primary listing on the Nasdaq Global Select Market and keep the 'LGIH' ticker symbol.
Management stated the move reflects its commitment to Texas and expects it to deepen ties between Texas companies and investors.
• 4mo ago AI analysis › Press Release
LGI Homes Celebrates Grand Opening of Chima Ranch in Yuba City, California
LGI Homes announced the grand opening of Chima Ranch, a new community in Yuba City, California, featuring 82 homesites with floor plans starting in the $490s.
The development offers three-, four-, and five-bedroom homes equipped with the CompleteHome package, which includes upgraded appliances and finishes at no additional cost.
Select homesites include options for accessory dwelling units, providing potential rental income or multi-generational living opportunities.
• 4mo ago AI analysis › Press Release
LGI Homes Achieves Prestigious Cal/OSHA Golden Gate Recognition for Exemplary Safety Performance at Esplanade Community
LGI Homes announced that its Esplanade community in San Jacinto, California, received the Cal/OSHA Golden Gate Recognition for exemplary safety performance.
The award follows a voluntary safety audit conducted in February 2026, validating the company's Injury and Illness Prevention Programs.
LGI Homes highlighted a five-year record of zero reportable workplace injuries and an Experience Modification Rate of 0.76, well below the industry baseline of 1.00.
• 4mo ago AI analysis › Press Release
LGI Homes Celebrates National Homeownership Month
LGI Homes issued a press release recognizing National Homeownership Month, highlighting its role in helping Americans achieve homeownership.
CEO Eric Lipar emphasized the company's commitment to serving homebuyers at every life stage, from first-time buyers to those seeking luxury features.
The release notes that LGI Homes has closed over 80,000 homes since its founding in 2003 across 36 markets in 21 states.
• 5mo ago AI analysis › Press Release
LGI Homes, Inc. Reports May 2026 Home Closings
LGI Homes closed 498 homes in May 2026, a 19.7% increase compared to the 416 homes closed in May 2025.
The May closings included 24 single-family rental homes that were currently or previously leased.
As of May 31, 2026, the company maintained 150 active selling communities across its network.
• 5mo ago AI analysis › Press Release
LGI Homes Launches “Sunsational Summer Savings” National Sales Event
LGI Homes and its premium brand Terrata Homes have launched a nationwide 'Sunsational Summer Savings' sales event.
The promotion offers homebuyers up to $40,000 in savings, builder-paid closing costs, and included Whirlpool or KitchenAid appliance packages on move-in ready homes.
The event is a limited-time marketing initiative designed to drive summer sales volume across the company's 36 markets in 21 states.
• 5mo ago AI analysis › Press Release
LGI Homes Opens 529-Home Master-Planned Community in West Jacksonville
LGI Homes opened Trails West, a new 529-lot master-planned community in West Jacksonville, Florida.
The community offers upgraded homes starting in the $240s and features nine floor plans, including the 'Cecil' model.
Located near Normandy Boulevard and McClelland Rd, the site is positioned in a strong growth corridor with amenities slated for completion in late 2026.
• 5mo ago AI analysis › Press Release
LGI Homes Introduces the Novo Collection at Hallimore Ranch, a Master-Planned Community in Rosenberg, Texas
LGI Homes is launching its Novo Collection at Hallimore Ranch in Rosenberg, Texas, with sales commencing May 30, 2025.
The collection features four new floor plans ranging from 1,366 to 1,975 square feet, starting in the $280s, and includes the company’s CompleteHome interior package with upgraded appliances and finishes at no extra cost.
The master-planned community includes over $5 million in amenities such as a 3.4-acre park and splash pad, expected to be completed later in 2026.
• 5mo ago AI analysis › Press Release
LGI Homes Unveils Allen Townhomes: Modern Living North of Seattle
LGI Homes announced the grand opening of Allen Townhomes, a new community of 36 townhomes in Arlington, Washington, located north of Seattle.
Homes start in the $530,000s and feature two floor plans, the Berlin and the Cyrus, with standard upgrades included via the CompleteHome Plus package.
The launch includes limited-time incentives such as interest rate buy-downs and closing cost contributions, with the grand opening scheduled for May 30.
• 5mo ago AI analysis › Press Release
LGI Homes Opens Cypress Trails, a Premier Master-Planned Community Near Cypress, Texas
LGI Homes opened Cypress Trails, a new master-planned community in Hockley, Texas, featuring more than 500 new homes.
The community offers single-family homes ranging from 1,186 to 2,916 square feet, with prices starting in the $240s.
Located near major highways and zoned to Waller ISD, the community includes resort-style amenities such as pickleball courts and parks.
• 5mo ago AI analysis › Press Release
LGI Homes Opens New Community Within Los Lunas’ Expanding Los Senderos Development
LGI Homes announced the grand opening of Vistas at Los Senderos, a new home community in Los Lunas, New Mexico.
The community is part of a larger 900-acre master-planned development and features homes starting in the low-$300s with upgraded standard features.
Management cited strong early interest and positive momentum since the site opened in late April, reflecting continued housing demand in the Albuquerque area.
• 5mo ago AI analysis › Press Release
LGI Homes Introduces Cider Hill: New Townhome Community in Winston-Salem, NC
LGI Homes announced the opening of Cider Hill, a new townhome community in Winston-Salem, NC, consisting of 36 homesites with prices starting in the $350s.
The community features low-maintenance living with modern amenities such as Whirlpool appliances and Moen faucets, situated near the Heather Hills Golf Course and major employment hubs.
This expansion reflects ongoing demand in the Triad market, offering move-in ready homes with energy-efficient features and private outdoor spaces.
• 6mo ago AI analysis › Press Release
LGI Homes, Inc. Reports April 2026 Home Closings
LGI Homes reported closing 446 homes in April 2026, including 22 single-family rental homes.
As of April 30, the company maintained 148 active selling communities across 36 markets in 21 states.
The report provided no year-over-year comparison or updated financial guidance.
• 6mo ago AI analysis › Press Release ● Major ⚠ 2
LGI Homes, Inc. Reports First Quarter 2026 Results and Raises Full Year Margin Guidance
LGI Homes reported Q1 revenue of $319.7 million with 881 home closings and an adjusted gross margin of 23.4%, exceeding prior guidance.
Backlog surged 63.4% year-over-year to 1,699 homes, prompting the company to raise its full-year 2026 adjusted gross margin outlook to between 22.0% and 24.0%.
The company ended the quarter with total liquidity of $355.0 million, comprising $60.9 million in cash and $294.2 million in credit availability.
• 6mo ago AI analysis › Press Release
LGI Homes Introduces New Community to the Growing Polk County, Florida Market
LGI Homes has announced the grand opening of Citrus Place, a new residential community in Babson Park, Florida, with homes starting in the high-$200s.
The community features oversized lots up to 80 feet and includes designer finishes and modern features through the company's CompleteHome packages.
Offerings range from three-bedroom homes to five-bedroom models with up to 2,414 square feet of living space.
• 6mo ago AI analysis ›