Welcome to our dedicated page for Lgi Homes news (Ticker: LGIH), a resource for investors and traders seeking the latest updates and insights on Lgi Homes stock.
LGI Homes Inc (LGIH) delivers essential updates for stakeholders tracking this innovative homebuilder's progress in affordable residential construction. This centralized resource aggregates official press releases, regulatory filings, and market-moving developments related to LGIH's strategic operations across 7 U.S. regions.
Investors and analysts will find timely information on quarterly earnings, land acquisition strategies, and community development initiatives. The curated collection emphasizes LGIH's core operational strengths – controlled land development processes, cost-efficient construction models, and targeted market expansion.
Content spans critical business areas including new community launches, operational milestones, leadership updates, and sustainability initiatives. Each entry maintains factual reporting aligned with SEC compliance standards, providing reliable data for investment research and market analysis.
Bookmark this page for streamlined access to LGIH's evolving corporate narrative within the competitive homebuilding sector. Regular updates ensure stakeholders remain informed about the company's progress in delivering affordable, amenity-rich housing solutions nationwide.
LGI Homes has announced the launch of a new residential community, The Arbors, in the Sacramento area. This community features three innovative floor plans ranging from 1,213 to over 1,800 square feet, including one- and two-story options with up to five bedrooms. Homes are designed with modern amenities such as energy-efficient appliances and designer upgrades, starting in the low $300,000s. Conveniently located near major entertainment venues and outdoor recreation, The Arbors aims to attract homebuyers seeking quality living in a desirable location.
LGI Homes, Inc. (NASDAQ: LGIH) reported significant growth with 650 home closings in January 2021, marking a 49.8% increase compared to 434 closings in January 2020. As of the end of January 2021, the company operated 106 active selling communities. With a notable presence across several states, LGI Homes has been recognized as the 10th largest residential builder in the U.S. since 2018, having closed over 45,000 homes in its 17-year history.
LGI Homes, Inc. (NASDAQ: LGIH) will announce its fourth quarter and full year financial results for the period ending December 31, 2020 on February 23, 2021, before market opens. A conference call to discuss these results is scheduled for 12:30 p.m. ET on the same day. Investors can access the call via a link on the company's Investor Relations page or by dialing in. An archived version of the webcast will be available for one year.
LGI Homes has announced the opening of Horizons, a new lakefront community in Birmingham, Alabama, featuring single-family homes priced from the high-$200s. The two-story homes range from 1,259 to 1,767 square feet and include upgrades like granite countertops and energy-efficient appliances. Residents will enjoy exclusive access to community amenities, such as a clubhouse and swimming pool. Tours of the Horizons information center are available by appointment, adhering to CDC guidelines.
LGI Homes (NASDAQ: LGIH) reported record-breaking home closings in December 2020, achieving 1,630 closings, a 54.9% year-over-year increase. The company also closed 3,408 homes in the fourth quarter, a 35.5% rise from the previous year, and a total of 9,339 homes in 2020, surpassing the previous record of 7,690 in 2019 by 21.4%. With 116 active selling communities as of December, LGI anticipates home closings between 9,200 and 9,800 for 2021, contingent on stable economic conditions and no adverse impacts from COVID-19 restrictions.
LGI Homes launched a redesigned website aiming to enhance user experience and meet evolving digital expectations. The site offers interactive elements, stunning visuals, and easy navigation to facilitate home searches across more than 100 LGI communities nationwide. According to Rachel Eaton, Chief Marketing Officer, the goal is to deliver an industry-leading experience tailored to customer needs. This initiative underscores LGI's commitment to improving homebuyer engagement and facilitating the journey to homeownership.
LGI Homes has launched a new website, LGIHomesActiveAdult.com, dedicated to promoting its active adult communities. This user-friendly site features detailed information on amenities and lifestyle options available in LGI Homes' age-restricted communities. Currently, it highlights four premier locations across the U.S., including the Summit at Liberty in California. Since 2018, LGI Homes has ranked as the 10th largest residential builder in the U.S., with over 40,000 homes closed over 17 years.
LGI Homes, Inc. announced record home closings for November 2020, achieving 960 closings, a significant increase of 28.3% from November 2019. The company reported a total of 7,709 closings in the first eleven months of 2020, representing a 16.1% year-over-year growth. With 114 active selling communities, LGI is adjusting its full-year guidance to predict 8,800 to 9,200 homes closed by year-end. CEO Eric Lipar noted strong demand for affordable homes, although future results may be impacted by economic conditions and COVID-19 regulations.
LGI Homes (Nasdaq: LGIH) has launched a new housing community named Pinewood Trails in the greater Houston area. The community will feature 974 single-family homes priced from the $190,000s, designed with LGI's CompleteHome™ package. Homes range from 1,400 to 2,600 square feet, with up to five bedrooms. Pinewood Trails will also include amenities like a 4-acre park and proximity to major highways, enhancing accessibility for residents. Tours of the community’s information center are available by appointment, adhering to health guidelines.
