LGIH News & Events

LGI Homes announced it closed 446 homes in April, which includes the closing of 22 currently or previously leased single-family rental homes. As of April 30, the company had 148 active selling communities.

Sees FY26 active selling communities 150-160. Sees FY26 average sales price per home closed $355,000-$365,000. Sees FY26 effective tax rate 26.5%. The company said, "This outlook assumes that general economic conditions, including input costs, materials, product and labor availability, interest rates and mortgage availability, in the remainder of 2026 are similar to those experienced to date in 2026 and that the average sales price per home closed, construction costs, availability of land and land development costs for the remainder of 2026 are consistent with the Company's recent experience. In addition, this outlook assumes that governmental regulations relating to land development and home construction are similar to those currently in place and does not take into account any additional changes to U.S. trade policies, including the imposition of tariffs and duties on homebuilding products."

Reports Q1 revenue $319.74M, consensus $322.93M. Reports Q1 average sales price per home closed $362,924. "We are pleased with our first quarter results, which met or exceeded our expectations across nearly every metric," said Eric Lipar, chairman and CEO of LGI Homes. "Our teams executed well throughout the quarter and the early weeks of the spring selling season have reinforced our confidence in the year ahead."