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 prices starting only in the mid-$200s, these homes offer thoughtful floor plans designed for the way you live - including double primary suites, 4-bedroom options with a main-le

WINSTON-SALEM, N.C., July 25, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) is excited to announce the Grand Opening of Robindale, its newest community located just east of downtown Winston-Salem, this weekend on July 26, 2025, with one-weekend-only home discounts and incentives. Robindale is thoughtfully positioned to provide homeowners with quick commutes to downtown Winston-Salem, nearby employers, schools, parks, and premier shopping and dining destinations. "The opening of Robindale marks an exciting new chapter in our continued growth in the Winston-Salem market. This private community reflects our ongoing commitment to delivering high-quality homes in desirable locations

FORT LUPTON, Colo., July 23, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) is proud to announce the debut of five brand-new townhome floor plans at Cottonwood Greens, a premier community with move-in ready homes located northeast of Denver in Fort Lupton. These new townhomes will be introduced to the public on July 26, 2025, with one-weekend-only discounts available. Conveniently located near US-85 and Hwy 52, minutes from I-25, Cottonwood Greens offers residents a short commute to downtown Denver and easy access to local parks, schools, and shopping. The community offers great family-friendly amenities such as walking trails, open green spaces, and multiple playgrounds that

ANGIER, N.C., July 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) is thrilled to announce the Grand Opening of a brand-new phase at Atherstone in Angier, North Carolina, on Saturday, July 26. During this highly anticipated weekend, LGI Homes will unveil six new floor plans and limited-time Grand Opening discounts available for one weekend only. "We are excited to open the final phase at Atherstone, located in the thriving community of Angier. Enjoy quiet country living, just minutes from shopping, dining, and major arteries.  We will be unveiling new floor plans, both ranch and two-story homes on large homesites," says Dayne Luck, Vice President of Sales at LGI Homes

ELGIN, S.C., July 15, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) is proud to announce the launch of three brand-new floor plans at The Valley, a beautiful new construction community in the charming town of Elgin, SC. "We are excited to introduce our newest floor plans to The Valley community," said Chris Cositore, Vice President of Sales at LGI Homes.  "With only 36 homes remaining in this 244-lot neighborhood, now is the perfect time for buyers to find the space, style and value they've been looking for. We're proud to offer these final opportunities to own in such a special community." Each of the new floor plans is designed to meet the diverse needs of homebuyers by blendi

SPRING HILL, Tenn., July 11, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the opening of Crystal Creek, its newest community in the Nashville market. This community offers a lineup of charming townhomes with included upgrades and easy access to all that the area has to offer. Conveniently located in Spring Hill, homeowners at Crystal Creek are well-positioned near Saturn Parkway and I-65, providing quick access to major employers such as GM Spring Hill, as well as local shopping and dining options. "Just 30 miles south of Nashville, Spring Hill is one of Middle Tennessee's most desirable places to live, where small-town charm meets modern convenience. From charm

THE WOODLANDS, Texas, July 03, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 457 homes in June 2025 and closed 1,323 homes in the second quarter of 2025. As of June 30, 2025, the Company had 146 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2025 before the market opens on Tuesday, August 5, 2025. The Company will hold a conference call at 12:30 p.m. Eastern Time on the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section. An

MIDDLEBURG, Fla., July 01, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) proudly announces the grand opening of the amenity center at Jennings Farm. With over $3,000,000 invested, this new area enhances the tight-knit feel of this incredible community. Situated along Jennings Farm Dr., the recently completed amenity center offers plenty of opportunities for summertime fun. Homeowners can escape the heat at the incredible community swimming pool or let their kids run around at the playground. The amenity center also features a picnic-ready party lawn, pickleball courts and expansive dog park. "We're excited to open our exceptional new amenity center, complete with a resort-style

CLAYTON, N.C., June 27, 2025 (GLOBE NEWSWIRE) -- LGI Homes (NASDAQ: LGIH) is excited to unveil Medley Park, a vibrant new townhome community located in the heart of downtown Clayton, just a 30‑minute drive from Raleigh, North Carolina. Designed for families and first-time buyers, Medley Park introduces the "Dagny" floor plan, a thoughtfully crafted three‑bedroom, two-and-a-half‑bath townhome spanning 1,231 square feet. The Dagny townhome presents modern, open‑concept living highlighted by a chef‑inspired kitchen with stunning granite countertops, stainless steel appliances, and designer wood cabinetry. Upstairs, you'll enjoy a spacious master suite complete with a walk‑in closet, two addi

THE WOODLANDS, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) and its luxury brand, Terrata Homes, are excited to announce the launch of their highly anticipated Sunsational Summer Savings national sales event, offering limited-time incentives on beautiful, move-in ready homes across the country. Taking place now through August 10th, prospective homebuyers will have access to exclusive savings on select inventory homes in premier communities nationwide. Whether it's a first-time homebuyer looking for value or a move-up buyer seeking a high-end home in a scenic setting, this event provides the perfect opportunity to make a move before Summer's end. "This event

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THE WOODLANDS, Texas, July 03, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 457 homes in June 2025 and closed 1,323 homes in the second quarter of 2025. As of June 30, 2025, the Company had 146 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2025 before the market opens on Tuesday, August 5, 2025. The Company will hold a conference call at 12:30 p.m. Eastern Time on the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section. An

THE WOODLANDS, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the three months ended March 31, 2025. "During the quarter, we continued to see strong demand for new homes," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Affordability remained the biggest challenge for buyers, and rate volatility affected not only their ability to purchase a home, but also their confidence in moving forward with that decision. Given this challenging and uncertain backdrop, we were pleased with the solid results we delivered in the first quarter. "In the first quarter, we delivered 996 homes at an average sales price of $35

THE WOODLANDS, Texas, April 03, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 426 homes in March 2025. The Company closed 996 homes during the first quarter of 2025. As of March 31, 2025, the Company had 146 active selling communities. First Quarter 2025 Earnings Conference Call and Webcast The Company plans to release financial results for the first quarter ended March 31, 2025, before the market opens on Tuesday, April 29, 2025. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.in

THE WOODLANDS, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the fourth quarter and year ended December 31, 2024. "In the face of a mixed macroeconomic backdrop, our strong finish in the fourth quarter enabled us to meet, and in many cases exceed, our strategic goals for 2024," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Our strong execution in the fourth quarter resulted in full year closings of 6,131 homes, including the bulk sale of 103 leased, single-family homes. We successfully ended the year with a record high 151 active communities, an impressive increase of 29.1%. We made significant progress

THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in the fourth quarter, including the bulk sale of 103 leased, single-family homes in November 2024, and a total of 6,131 homes for the full year 2024. As of December 31, 2024, the Company had 151 active selling communities. "Our teams across the country delivered a strong finish to the year," said Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board. "We closed 580 homes across 151 active communities in December, enabling us to achieve our guidance targets for full year home c

THE WOODLANDS, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter 2024 and the nine months ended September 30, 2024. Third Quarter 2024 Highlights Home sales revenues increased 5.6% to $651.9 millionHome closings increased 0.3% to 1,757 homesAverage sales price per home closed increased 5.2% to $371,004Gross margin as a percentage of home sales revenues decreased 60 basis points to 25.1%Adjusted gross margin* as a percentage of home sales revenues was 27.2% in both comparable periodsNet income before income taxes increased 2.7% to $91.9 millionNet income increased 3.8% to $69.6 million, or $2.96 basic EPS and $2

THE WOODLANDS, Texas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 579 homes in September 2024, a 7.2% year-over-year increase, resulting in a total of 1,757 homes closed during the third quarter of 2024. As of September 30, 2024, the Company had 138 active selling communities. The Company plans to release financial results for the third quarter ended September 30, 2024, before the market opens on Tuesday, November 5, 2024. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.

THE WOODLANDS, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the second quarter 2024 and the six months ended June 30, 2024. Second Quarter 2024 Highlights Home sales revenues of $602.5 millionHome closings of 1,655Average sales price per home closed of $364,047Gross margin as a percentage of home sales revenues of 25.0%Adjusted gross margin (non-GAAP) as a percentage of home sales revenues of 27.0%Net income before income taxes of $76.9 millionNet income of $58.6 million, or $2.49 basic EPS and $2.48 diluted EPS Six Months Ended June 30, 2024 Highlights Home sales revenues of $993.3 millionHome closings of 2,738Average sa

THE WOODLANDS, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 571 homes in June 2024. In addition, the Company announced quarterly home closings of 1,655 during the second quarter of 2024. As of June 30, 2024, the Company had 128 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2024 before the market opens on Tuesday, July 30, 2024. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com un

THE WOODLANDS, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights Home sales revenues of $390.9 millionHome closings of 1,083Average sales price per home closed of $360,897Gross margin as a percentage of home sales revenues of 23.4%Adjusted gross margin (non-GAAP) as a percentage of home sales revenues of 25.3%Net income before income taxes of $23.1 millionNet income of $17.1 million, or $0.72 basic EPS and $0.72 diluted EPSActive selling communities at March 31, 2024 of 120Total owned and controlled lots of 70,145Ending backlog of 1,335 homes valued at $51

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Seaport Research Partners upgraded LGI Homes from Sell to Neutral

Wedbush upgraded LGI Homes from Underperform to Neutral and set a new price target of $125.00 from $97.00 previously

Seaport Research Partners downgraded LGI Homes from Neutral to Sell and set a new price target of $85.00

Wedbush downgraded LGI Homes from Neutral to Underperform and set a new price target of $74.00 from $88.00 previously

BTIG Research upgraded LGI Homes from Sell to Neutral

Seaport Research Partners initiated coverage of LGI Homes with a rating of Buy and set a new price target of $156.00

BTIG Research downgraded LGI Homes from Neutral to Sell and set a new price target of $73.00

BTIG Research upgraded LGI Homes from Sell to Neutral

BTIG Research downgraded LGI Homes from Neutral to Sell and set a new price target of $98.00

JP Morgan reiterated coverage of LGI Homes with a rating of Underweight and set a new price target of $96.00 from $125.00 previously

THE WOODLANDS, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced that it has appointed Maria Renna Sharpe as a new independent director to its Board. Ms. Sharpe brings more than 37 years of legal, human resources and accounting expertise to LGI Homes. She is the Managing Principal of Sharpe Human Solutions, LLC, a human resource consulting and commercial real estate investment company, and is a member of the Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) where she serves as Chair of the Compensation and Human Capital Committee. Ms. Sharpe served as Senior Vice President, Global Human Capital Management, Services & Operations at PepsiCo

THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021. As Global Head of Strategy and Solution Development for Health Solutions at Aon plc, a leading global professional services firm, Ms. Parikh is responsible for leading strategic planning, solution design and development, and product lifecycle management for Aon's Health business. Prior to Ms. Parikh's current role, she has held various leadership positions within Aon including Chief Financial Officer of EMEA, Aon Hewitt; Senior Vice President, Global Business Services; and Chief