LGI Homes Launches New Community Waters Farm in South Carolina
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 13 2026
0mins
Source: Newsfilter
- New Community Launch: LGI Homes introduces Waters Farm in Woodruff, South Carolina, featuring 198 single-family homes starting in the $270s, addressing the market's demand for affordable housing and expected to attract numerous buyers.
- Diverse Home Designs: Waters Farm offers six unique three- and four-bedroom floor plans, four of which are new to the Greenville market, equipped with the modern CompleteHome™ package, enhancing living comfort and market competitiveness.
- Prime Location: The community is just a short drive from Greenville and Spartanburg, allowing residents easy access to local parks, dining, and shopping, while being close to major employers like BMW, GE, and Michelin, which bolsters economic stability.
- Comprehensive Amenities: Waters Farm will feature a children's playground and is near outdoor recreation areas such as McKinney Park and Woodruff Greenway, improving residents' quality of life and community appeal.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy LGIH?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on LGIH
Wall Street analysts forecast LGIH stock price to rise
2 Analyst Rating
1 Buy
0 Hold
1 Sell
Hold
Current: 46.230
Low
40.00
Averages
67.50
High
95.00
Current: 46.230
Low
40.00
Averages
67.50
High
95.00
About LGIH
LGI Homes, Inc. is focused on the homebuilding industry. The Company is engaged in the design, construction and sale of homes across approximately 36 markets in 21 states. It offers multiple product lines, including attached and detached entry-level homes and active adult offerings that are marketed and sold under its LGI Homes brand and luxury homes that are marketed and sold under its Terrata Homes brand. Its homebuilding operations are organized and managed by seven operating segments: West, Northwest, Central, Midwest, Florida, Southeast and Mid-Atlantic. The Company offers an attached townhome product in certain markets. Its CompleteHome and CompleteHome Plus packages offer buyers move-in ready homes. Each of these packages includes preselected, upgraded features, including stainless steel appliances, cabinets and others. Its wholesale business builds and sells homes primarily to institutions interested in acquiring single-family rental properties through bulk sales agreements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
LGI Homes Opens New Community in Arlington, Washington
- Community Launch: LGI Homes is excited to announce the opening of Allen Townhomes in Arlington, Washington, featuring 36 exclusive low-maintenance homes starting in the $530s, catering to families seeking modern living environments.
- Home Design and Features: The community offers two brand-new floor plans, the two-bedroom Berlin and the three-bedroom Cyrus, both featuring open-concept layouts and modern kitchens, enhancing comfort and functionality for residents.
- Market Demand Expectations: Vice President Zachary Penrod anticipates strong demand for this community due to its convenient location near various amenities in Snohomish County, attracting more homebuyers.
- Grand Opening and Incentives: The grand opening of Allen Townhomes is set for May 30th, allowing homebuyers to take advantage of limited-time incentives, further stimulating market sales.
See More
LGI Homes Opens New Community in Los Lunas
- Community Opening: LGI Homes launched the Vistas at Los Senderos community in late April 2026 in Los Lunas, generating significant interest from homebuyers, which reflects strong demand for quality new homes and reinforces the company's position in a rapidly growing market.
- Economic Growth: The continued expansion of employment opportunities and infrastructure investment in Los Lunas is driving housing demand, and the opening of Vistas at Los Senderos aligns with this economic boom, expected to further stimulate the local real estate market.
- Planning Advantages: Vistas at Los Senderos is part of a larger 900-acre mixed-use development aimed at creating an integrated living environment that combines residential, commercial, and recreational spaces, projected to provide housing for thousands of future families and enhance residents' quality of life.
- High-Quality Homes: The community offers a range of two to five-bedroom floor plans equipped with LGI Homes' CompleteHome™ Package, with all upgraded features included at no extra cost, starting in the low $300,000s, catering to families seeking affordable yet high-quality housing.
See More
LGI Homes Closes 446 Homes in April 2026
- Delivery Performance: LGI Homes successfully closed 446 homes in April 2026, including 22 currently or previously leased single-family rental homes, demonstrating strong market performance and sustained customer demand.
- Active Communities: As of April 30, 2026, LGI Homes had 148 active selling communities, indicating the company's expansion capabilities across multiple markets and ongoing sales potential.
- Industry Leadership: Since its founding in 2003, LGI Homes has closed over 80,000 homes and has delivered profitable results every year, showcasing its innovative and systematic approach in the homebuilding industry.
- Corporate Honors: LGI Homes was recognized as one of Newsweek's World's Most Trustworthy Companies and received the Top Workplaces USA 2026 Award, reflecting the company's commitment to quality construction and exceptional customer service.
See More
LGI Homes Q1 2026 Earnings Call Insights
- Sales Activity Improvement: In Q1 2026, LGI Homes delivered 916 homes, with 881 directly contributing to $320 million in revenue, indicating a gradual improvement in sales activity across multiple markets despite a high cancellation rate of 45.6% primarily due to buyers' financing qualification issues.
- Margin Guidance Increase: The company raised its full-year gross margin outlook to a range of 18.5% to 20.5%, with adjusted gross margin expectations between 22% and 24%, reflecting management's confidence in future profitability amid cost relief and enhanced pricing power.
- Financial Health Status: By the end of the quarter, LGI Homes had $1.7 billion in debt, resulting in a debt-to-cap ratio of 44.8%, while total liquidity reached $355 million, demonstrating the company's efforts to maintain financial stability.
- Market Outlook: Management anticipates closing between 400 and 450 homes in April, and despite facing high cancellation rates and financing qualification risks, they remain optimistic about achieving annual delivery targets of between 4,600 and 5,400 homes.
See More
LGI Homes (LGIH) Q1 2026 Earnings Transcript
See More
LGI Homes Q1 Earnings Beat Expectations
- Earnings Beat: LGI Homes reported a Q1 non-GAAP EPS of $0.24, exceeding expectations by $0.37, indicating strong profitability despite revenue challenges, which could bolster investor confidence.
- Revenue Decline: The company’s revenue of $319.74 million represents a 9.0% year-over-year decline, missing estimates by $3.19 million, reflecting market challenges that may impact future cash flow and investment strategies.
- Future Outlook: For FY26, LGI anticipates home closings between 4,600 and 5,400 and active selling communities to range from 150 to 160, demonstrating a positive outlook on market demand and strategic positioning.
- Adjusted Gross Margin: The projected gross margin as a percentage of home sales revenues is between 18.5% and 20.5%, with an adjusted non-GAAP gross margin of 22.0% to 24.0%, indicating strategic adjustments in cost management and profitability enhancement.
See More
LGI Homes Opens New Community in Arlington, Washington
- Community Launch: LGI Homes is excited to announce the opening of Allen Townhomes in Arlington, Washington, featuring 36 exclusive low-maintenance homes starting in the $530s, catering to families seeking modern living environments.
- Home Design and Features: The community offers two brand-new floor plans, the two-bedroom Berlin and the three-bedroom Cyrus, both featuring open-concept layouts and modern kitchens, enhancing comfort and functionality for residents.
- Market Demand Expectations: Vice President Zachary Penrod anticipates strong demand for this community due to its convenient location near various amenities in Snohomish County, attracting more homebuyers.
- Grand Opening and Incentives: The grand opening of Allen Townhomes is set for May 30th, allowing homebuyers to take advantage of limited-time incentives, further stimulating market sales.
See More
LGI Homes Opens New Community in Los Lunas
- Community Opening: LGI Homes launched the Vistas at Los Senderos community in late April 2026 in Los Lunas, generating significant interest from homebuyers, which reflects strong demand for quality new homes and reinforces the company's position in a rapidly growing market.
- Economic Growth: The continued expansion of employment opportunities and infrastructure investment in Los Lunas is driving housing demand, and the opening of Vistas at Los Senderos aligns with this economic boom, expected to further stimulate the local real estate market.
- Planning Advantages: Vistas at Los Senderos is part of a larger 900-acre mixed-use development aimed at creating an integrated living environment that combines residential, commercial, and recreational spaces, projected to provide housing for thousands of future families and enhance residents' quality of life.
- High-Quality Homes: The community offers a range of two to five-bedroom floor plans equipped with LGI Homes' CompleteHome™ Package, with all upgraded features included at no extra cost, starting in the low $300,000s, catering to families seeking affordable yet high-quality housing.
See More
LGI Homes Closes 446 Homes in April 2026
- Delivery Performance: LGI Homes successfully closed 446 homes in April 2026, including 22 currently or previously leased single-family rental homes, demonstrating strong market performance and sustained customer demand.
- Active Communities: As of April 30, 2026, LGI Homes had 148 active selling communities, indicating the company's expansion capabilities across multiple markets and ongoing sales potential.
- Industry Leadership: Since its founding in 2003, LGI Homes has closed over 80,000 homes and has delivered profitable results every year, showcasing its innovative and systematic approach in the homebuilding industry.
- Corporate Honors: LGI Homes was recognized as one of Newsweek's World's Most Trustworthy Companies and received the Top Workplaces USA 2026 Award, reflecting the company's commitment to quality construction and exceptional customer service.
See More
LGI Homes Q1 2026 Earnings Call Insights
- Sales Activity Improvement: In Q1 2026, LGI Homes delivered 916 homes, with 881 directly contributing to $320 million in revenue, indicating a gradual improvement in sales activity across multiple markets despite a high cancellation rate of 45.6% primarily due to buyers' financing qualification issues.
- Margin Guidance Increase: The company raised its full-year gross margin outlook to a range of 18.5% to 20.5%, with adjusted gross margin expectations between 22% and 24%, reflecting management's confidence in future profitability amid cost relief and enhanced pricing power.
- Financial Health Status: By the end of the quarter, LGI Homes had $1.7 billion in debt, resulting in a debt-to-cap ratio of 44.8%, while total liquidity reached $355 million, demonstrating the company's efforts to maintain financial stability.
- Market Outlook: Management anticipates closing between 400 and 450 homes in April, and despite facing high cancellation rates and financing qualification risks, they remain optimistic about achieving annual delivery targets of between 4,600 and 5,400 homes.
See More
LGI Homes (LGIH) Q1 2026 Earnings Transcript
See More
LGI Homes Q1 Earnings Beat Expectations
- Earnings Beat: LGI Homes reported a Q1 non-GAAP EPS of $0.24, exceeding expectations by $0.37, indicating strong profitability despite revenue challenges, which could bolster investor confidence.
- Revenue Decline: The company’s revenue of $319.74 million represents a 9.0% year-over-year decline, missing estimates by $3.19 million, reflecting market challenges that may impact future cash flow and investment strategies.
- Future Outlook: For FY26, LGI anticipates home closings between 4,600 and 5,400 and active selling communities to range from 150 to 160, demonstrating a positive outlook on market demand and strategic positioning.
- Adjusted Gross Margin: The projected gross margin as a percentage of home sales revenues is between 18.5% and 20.5%, with an adjusted non-GAAP gross margin of 22.0% to 24.0%, indicating strategic adjustments in cost management and profitability enhancement.
See More
