Latest news with #LGIHomes'
Business Upturn
30-05-2025
- Business
- Business Upturn
LGI Homes Opens Cheyenne Valley, a New Community in North Las Vegas
LAS VEGAS, May 29, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. is excited to announce the grand opening of Cheyenne Valley, a new 144-lot community located in the North Las Vegas, Nevada area. Featuring LGI Homes' CompleteHome Plus™ package for the first time in the Las Vegas market, this community offers homebuyers an unmatched combination of upgraded features and details, all at an exceptional value. Cheyenne Valley features a variety of three- and four-bedroom floor plans, each thoughtfully designed with spacious layouts for family living. Every home in the community includes upscale finishes with the CompleteHome Plus™ package, such as a full suite of Whirlpool® kitchen appliances, 42' upper wood kitchen cabinetry, 2' faux wood blinds, soaring 9' ceilings, programmable thermostats and Wi-Fi-enabled garage door openers. These features provide luxury living to residents, all at an affordable price. Floor Plans Available at Cheyenne Valley: Ash: 3 Bedrooms | 2 Bathrooms | 1,244 Sq. Ft. | Starting at $399,900 3 Bedrooms | 2 Bathrooms | 1,244 Sq. Ft. | Starting at $399,900 Dayton: 3 Bedrooms | 2 Bathrooms | 1,427 Sq. Ft. | Starting at $424,990 3 Bedrooms | 2 Bathrooms | 1,427 Sq. Ft. | Starting at $424,990 Mead: 3 Bedrooms | 2 Bathrooms | 1,540 Sq. Ft. | Starting at $442,900 3 Bedrooms | 2 Bathrooms | 1,540 Sq. Ft. | Starting at $442,900 Ruby: 4 Bedrooms | 2 Bathrooms | 1,795 Sq. Ft. | Starting at $471,900 4 Bedrooms | 2 Bathrooms | 1,795 Sq. Ft. | Starting at $471,900 Tahoe: 4 Bedrooms | 2.5 Bathrooms | 2,068 Sq. Ft. | Starting at $497,900 'We're thrilled to introduce Cheyenne Valley, our latest community built with families in mind,' stated Ron Christian, Vice President of Operations for Nevada. 'This neighborhood offers an exceptional opportunity for affordable homeownership in one of the most dynamic areas of the valley.' Ideally positioned in North Las Vegas, Cheyenne Valley offers residents easy access to a wide array of local attractions, shopping, dining and entertainment. With close proximity to major highways, homeowners are just minutes away from downtown Las Vegas and everything the vibrant city has to offer. From the Silver Mesa Recreation Center and Fremont Street Experience to the Las Vegas Motor Speedway and the world-famous Las Vegas Strip, there is something for every resident not far from home. Beyond its prime location, Cheyenne Valley offers endless opportunities for relaxation and adventure for residents right outside their door. Within the community, families can enjoy a playground, open turf area, barbecue grills and walking paths. For more information or to schedule a tour of the community, please contact the sales team at (888) 489-5557 ext 984or visit About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America's fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek's list of the World's Most Trustworthy Companies. LGI Homes' commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company's website at Media Contact: Rachel Eaton(281) 362-8998 ext. 2560 LGI Homes
Business Upturn
14-05-2025
- Business
- Business Upturn
LGI Homes Expands Floor Plan Offerings at Yarbrough Farms Near DFW
PILOT POINT, Texas, May 13, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) is excited to unveil two brand-new townhome floor plans now available at Yarbrough Farms in Pilot Point, Texas, near Dallas-Fort Worth. Starting from the high-$290s, the brand-new Addison and Marsh plans offer thoughtfully designed living spaces in a vibrant, fast-growing community. Nestled north of the Dallas-Fort Worth metroplex, Yarbrough Farms provides homeowners with the charm of small-town living while offering convenient access to major employers, top-rated schools and an abundance of outdoor recreation opportunities. These newly introduced floor plans are designed to meet the needs of today's buyers, combining style with desirable features at an exceptional value. Homeowners will enjoy a host of incredible upgrades that are included at no additional cost. From beautiful granite countertops to upgraded finishes throughout, these impressive features enhance the look and feel of every space. The two-story Addison floor plan features 1,545 square feet with two spacious bedrooms, two-and-a-half bathrooms and an attached two-car garage. This layout showcases an open-concept living space on the main floor, an extended walk-in pantry and a convenient upstairs laundry room with built-in cabinetry. Each bedroom includes a private en-suite bathroom and impressively sized walk-in closets, offering both comfort and privacy. The design blends modern appeal with functionality, making it perfect for everyday living and entertaining. The Marsh floor plan is designed with growing families in mind, offering three bedrooms, two-and-a-half bathrooms and an attached two-car garage. With a total of 1,798 square feet, it boasts a large, open-concept main floor that seamlessly connects the kitchen, dining and family room, creating a welcoming environment for gatherings. A functional mudroom is located near the back door, while the expansive covered back patio extends living space outdoors. Upstairs, a generous loft offers a versatile space to meet your needs, and the owner's suite includes two walk-in closets for added convenience. Both the Addison and Marsh floor plans come complete with LGI Homes' exclusive CompleteHome Plus™ package. This premium suite of upgrades includes durable luxury vinyl plank flooring, energy-efficient Whirlpool® appliances, elegant white wood cabinetry, designer kitchen backsplash and sleek matte black fixtures throughout. These curated upgrades not only enhance style, but also ensure a smooth homebuying experience. To learn more about the new floor plans or to schedule a private tour of Yarbrough Farms, interested homebuyers are encouraged to call (888) 812-9632 ext. 965 or visit About LGI Homes Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America's fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek's list of the World's Most Trustworthy Companies. LGI Homes' commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2024 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company's website at MEDIA CONTACT:Rachel Eaton (281) 362-8998 ext. 2560
Yahoo
01-03-2025
- Business
- Yahoo
LGI Homes, Inc. (NASDAQ:LGIH) Just Reported And Analysts Have Been Cutting Their Estimates
Last week, you might have seen that LGI Homes, Inc. (NASDAQ:LGIH) released its yearly result to the market. The early response was not positive, with shares down 5.6% to US$73.43 in the past week. Results were roughly in line with estimates, with revenues of US$2.2b and statutory earnings per share of US$8.30. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Check out our latest analysis for LGI Homes Taking into account the latest results, the current consensus from LGI Homes' six analysts is for revenues of US$2.51b in 2025. This would reflect a meaningful 14% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to shrink 6.1% to US$7.87 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.74b and earnings per share (EPS) of US$10.19 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a pretty serious reduction to earnings per share estimates. The consensus price target fell 5.6% to US$112, with the weaker earnings outlook clearly leading valuation estimates. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic LGI Homes analyst has a price target of US$140 per share, while the most pessimistic values it at US$80.00. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the LGI Homes' past performance and to peers in the same industry. One thing stands out from these estimates, which is that LGI Homes is forecast to grow faster in the future than it has in the past, with revenues expected to display 14% annualised growth until the end of 2025. If achieved, this would be a much better result than the 0.2% annual decline over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 5.6% annually. So it looks like LGI Homes is expected to grow faster than its competitors, at least for a while. The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. They also downgraded LGI Homes' revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of LGI Homes' future valuation. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for LGI Homes going out to 2026, and you can see them free on our platform here. Before you take the next step you should know about the 1 warning sign for LGI Homes that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
