Latest news with #LGIHomes'
Yahoo
15-07-2025
- Business
- Yahoo
LGI Homes Debuts Three New Floor Plans at The Valley in Elgin, South Carolina
The Carolina floor plan at The Valley 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 blending comfort, functionality, and affordability: The Blanco: A charming one-story home offering three bedrooms, two bathrooms, and 1,316 square feet of open living space. Ideal for first-time buyers or small families, the Blanco starts at $282,900. The Carolina: This spacious two-story design features three bedrooms, two-and-a-half bathrooms, and 1,700 square feet, complete with a covered back patio, perfect for enjoying quiet evenings at home. Pricing begins at $298,900. The Avery: Offering 1,800 square feet, the Avery delivers three bedrooms, two-and-a-half bathrooms, and bright, open-concept living areas designed for hosting and relaxing. This floor plan is available from $306,900. Every home at The Valley includes LGI Homes' signature CompleteHome™ package, a suite of designer upgrades at no added cost. Premium features such as stainless steel Whirlpool® appliances, granite countertops, luxury vinyl plank flooring, upper wood cabinets with crown molding, front yard landscaping, and smart-home features like USB outlets and a Wi-Fi-enabled garage door opener come included in each home. Energy-efficient components such as double-pane Low-E windows, LED lighting, and programmable thermostats also come standard in every home. Set in a peaceful, tree-lined setting with quick access to Columbia, The Valley offers a balance of small-town charm and modern convenience. Residents enjoy proximity to major employers, local schools, shopping, dining, and outdoor recreation. To learn more about the new floor plans or to schedule a private tour at The Valley, call (844) 885-8940 ext. 657 or visit About LGI HomesHeadquartered 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(844) 885-8940 ext. 2560 A photo accompanying this announcement is available at
Business Upturn
13-06-2025
- Business
- Business Upturn
LGI Homes Launches New Premier Master Planned Community at Magnolia Woods
THE WOODLANDS, Texas, June 12, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce its brand-new, master planned community coming to the fast-growing Houston suburb of Magnolia, Texas. With a projected total of more than 1,300 single family homesites at full build out, Magnolia Woods will feature homes sold under both the LGI Homes and Terrata Homes brands. Homeowners at Magnolia Woods will enjoy a host of onsite amenities, as well as access to highly rated Magnolia ISD schools and the nearby commercial hub of The Woodlands. 'Bringing Magnolia Woods to market signals an exciting step in the evolution of our neighborhood development,' said Pat Vedra, LGI Homes' Regional Vice President of Land Acquisitions and Development. 'The scale and planning we've poured into Magnolia Woods, collectively, will deliver a unique lifestyle for our homeowners, set against an amazing backdrop in the piney woods of Montgomery County.' Magnolia Woods will bring a diverse array of floor plans to one of the fastest growing corridors not only in the Houston metro area, but across the United States. According to the US Census Bureau, Montgomery County (TX) was the 7th-fastest growing county in the country, with population growing nearly 5% year-over-year. Located less than 30 minutes from The Woodlands, one of the 25 'Best Job Markets in the US in 2024', according to SmartAsset, residents at Magnolia Woods will be able to enjoy convenient access to a host of major employers, such as Chevron, Huntsman, and Baker Hughes, as well as world-class shopping, dining, and entertainment venues. Magnolia Woods is slated to begin new home sales on Saturday, June 14, 2025. About Our Brands at Magnolia Woods An exciting opportunity for new homebuyers at Magnolia Woods will be the offering of new homes by both LGI Homes and Terrata Homes in this community. 'This project provides the perfect opportunity to feature both of our national homebuilding brands in one great community,' said Rachel Eaton, LGI Homes' Chief Marketing Officer. 'But, more importantly, the variety in floor plans and finish levels we are able to offer across these brands, within Magnolia Woods, allows us to build product offerings to meet a wide range of needs for customers shopping in this fast-growing corridor.' LGI Homes will launch its product offering with seven initial floor plans across its CompleteHome™ and CompleteHome Plus™ interior packages. These plans will range from 1,076 to 2,174 square feet and offer a mix of fantastic three- and four-bedroom layouts across one- and two-story offerings. LGI Homes will begin offering this lineup at a starting price of $259,900. Customers interested in purchasing a home by LGI Homes at Magnolia Woods are encouraged to call the community at (833) 573-7519 ext. 369 or visit Terrata Homes will offer a lineup of four bespoke floor plans at Magnolia Woods, ranging from 2,348 to 3,101 square feet across four- and five-bedroom home layouts. These homes boast fantastic, elevated finishes and upgrades such as covered back patios, mud room entries with built-ins, and a suite of KitchenAid® kitchen appliances. Terrata Homes will begin offering this lineup at a starting price of $529,900. Customers interested in purchasing a home by Terrata Homes at Magnolia Woods are encouraged to call the community at (833) 573-3914 ext. 369 or visit Life in Magnolia Woods Within Magnolia Woods, homeowners will have access to an array of community amenities. Opening later in 2025, Flower Patch Park will offer play structures for children in a central gathering area, perfect for the number of growing families anticipated to call Magnolia Woods home. Over the coming quarters, and into 2026, Magnolia Woods will continue to grow and evolve fantastic amenities that are slated to include a dog park, splash pad, miles of integrated walking trails, and other fun and unique amenities to help homeowners enjoy the natural beauty of the Magnolia Woods neighborhood's setting. Additionally, residents will have access to a community-wide fiber internet service that offers connectivity throughout Magnolia Woods at speeds up to one gig. Families in Magnolia Woods will enjoy access to the highly accredited Magnolia ISD school system. Magnolia High School is just four miles from the community and has received numerous commendations in recent years, including being one of only two high schools in Montgomery County to offer The International Baccalaureate Organization's Diploma Program to Juniors and Seniors. In the 2024-2025 academic year, Magnolia High School had eight students recognized as Commended and Semi-Finalist Students by the National Merit Scholarship Program and the school boasts a number of engaging extracurricular activities and varsity sports. With the rapidly growing city of Magnolia, new homeowners at Magnolia Woods will enjoy access to a burgeoning list of nearby shopping and dining options from both local and national brands. Within five miles of Magnolia Woods, two new premier shopping centers have recently opened, anchored by Lowe's Home Improvement and an H-E-B grocery store. Dozens of other retail spaces adjacent to these anchors are still under development, which are sure to bring various new shopping and dining options to the community's residents. 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 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 Photos accompanying this announcement are available athttps://
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.
