LGI Homes announces the Monte Vista Collection in Modesto, offering new homes with extensive upgrades starting at $599,900.
Quiver AI Summary
LGI Homes, Inc. has announced the launch of its new Monte Vista Collection community located in the Modesto, California area. This development offers homebuyers an affordable opportunity to own a newly built home in a serene and family-oriented neighborhood near Turlock. Monte Vista Collection features five spacious floor plans, ranging from 1,335 to 2,411 square feet, and includes modern amenities such as state-of-the-art kitchens, energy-efficient features, and the CompleteHome Plus™ package which provides over $50,000 in upgrades at no extra cost. The community will consist exclusively of single-story homes, with some plans offering three-car garages. Homes are now listed starting at $599,900, and interested buyers can find more information through the company's website or by calling. LGI Homes has earned a reputation for quality construction and excellent customer service, having built over 80,000 homes since its inception in 2003.
Potential Positives
- Introduction of the Monte Vista Collection offers homebuyers exceptional value and a peaceful, family-friendly neighborhood, expanding LGI Homes' market presence.
- The community features five spacious floor plans, with four plans debuting as brand-new designs, indicating innovation and responsiveness to buyer preferences.
- Each home includes over $50,000 of upgrades at no additional cost, which enhances the value proposition for potential buyers and differentiates LGI Homes from competitors.
- Recognition as one of America’s fastest-growing companies with a solid track record of profitable financial results establishes trust and credibility in the homebuilding industry.
Potential Negatives
- The press release highlights that the homes in the Monte Vista Collection start at $599,900, which may be perceived as a high entry price point for potential homebuyers in the Modesto area, potentially limiting buyer interest.
- While the press release touts included upgrades valued at over $50,000, this may create concerns about the overall affordability of these homes, particularly with the rising cost of living and interest rates.
- Emphasis on exclusively single-story homes could alienate a segment of buyers seeking multi-story options, thereby narrowing the market appeal of the community.
FAQ
What is the Monte Vista Collection by LGI Homes?
The Monte Vista Collection is a new residential community in Modesto, California, offering family-friendly homes with modern amenities.
Where is the Monte Vista Collection located?
Monte Vista Collection is located near Turlock, California, which is known for its welcoming community and outdoor activities.
What amenities are included in Monte Vista homes?
Each home includes high-quality upgrades like stainless steel appliances, granite countertops, energy-efficient features, and smart home technology.
How many floor plans are offered at Monte Vista Collection?
Monte Vista Collection offers five spacious floor plans, ranging from 1,335 to 2,411 square feet, with various layouts and features.
What are the price points for homes in Monte Vista Collection?
Homes in the Monte Vista Collection are available starting at $599,900, including over $50,000 in upgrades at no extra cost.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LGIH Revenue
$LGIH had revenues of $396.6M in Q3 2025. This is a decrease of -39.15% from the same period in the prior year.
You can track LGIH financials on Quiver Quantitative's LGIH stock page.
$LGIH Congressional Stock Trading
Members of Congress have traded $LGIH stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by members of Congress over the last 6 months:
- REPRESENTATIVE TIM MOORE has traded it 3 times. They made 2 purchases worth up to $100,000 on 11/04, 10/30 and 1 sale worth up to $100,000 on 11/05.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$LGIH Hedge Fund Activity
We have seen 129 institutional investors add shares of $LGIH stock to their portfolio, and 108 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP removed 846,455 shares (-57.7%) from their portfolio in Q3 2025, for an estimated $43,770,188
- TRIBUTARY CAPITAL MANAGEMENT, LLC removed 386,072 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $16,585,653
- ALTSHULER SHAHAM LTD added 258,100 shares (+33.4%) to their portfolio in Q3 2025, for an estimated $13,346,351
- KHROM CAPITAL MANAGEMENT LLC removed 197,980 shares (-29.4%) from their portfolio in Q3 2025, for an estimated $10,237,545
- FRONTIER CAPITAL MANAGEMENT CO LLC added 182,336 shares (+32.2%) to their portfolio in Q3 2025, for an estimated $9,428,594
- GOLDMAN SACHS GROUP INC removed 167,879 shares (-35.5%) from their portfolio in Q3 2025, for an estimated $8,681,023
- STATE STREET CORP added 149,310 shares (+13.6%) to their portfolio in Q3 2025, for an estimated $7,720,820
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LGIH Analyst Ratings
Wall Street analysts have issued reports on $LGIH in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 10/14/2025
- JMP Securities issued a "Market Outperform" rating on 08/27/2025
To track analyst ratings and price targets for $LGIH, check out Quiver Quantitative's $LGIH forecast page.
$LGIH Price Targets
Multiple analysts have issued price targets for $LGIH recently. We have seen 4 analysts offer price targets for $LGIH in the last 6 months, with a median target of $90.0.
Here are some recent targets:
- James McCanless from Citizens set a target price of $95.0 on 01/07/2026
- Michael Rehaut from JP Morgan set a target price of $48.5 on 10/14/2025
- Jay McCanless from Wedbush set a target price of $95.0 on 10/06/2025
- Aaron Hecht from JMP Securities set a target price of $85.0 on 08/27/2025
Full Release
SHAFTER, Calif., Jan. 30, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced the upcoming release of its newest community in the Modesto, California area, Monte Vista Collection . Monte Vista Collection offers homebuyers exceptional value for a newly constructed home in a peaceful, family-friendly neighborhood.
Monte Vista Collection is located near Turlock, which is known for its friendly atmosphere and strong sense of community. Monte Vista residents will enjoy a variety of outdoor activities, from feeding the ducks at Donnelly Park to attending the fair at the Stanislaus County Fairgrounds. For the dining and shopping aficionados, Downtown Turlock is filled with unique shops and local eateries and is located less than 10 minutes from Monte Vista Collection. With easy access to Highway 99, residents are a short drive from Yosemite National Park, the Bay Area, and other area attractions in Modesto.
LGI Homes will offer a collection of five spacious floor plans at Monte Vista Collection, ranging from 1,335 with 3 bedrooms and 2 bathrooms to 2,411 square feet with five bedrooms and three bathrooms. Each new home includes open layouts, chef-inspired kitchens, private owner suites and large laundry rooms. Every home at Monte Vista Collection includes LGI Homes’ CompleteHome Plus™ package, providing a wide array of high-quality upgrades at no additional cost. These upgrades include stainless steel kitchen appliances, granite countertops, luxury vinyl plank flooring, modern cabinetry, energy efficient features and integrated smart home technology. Four of the five floor plans debut as brand-new designs, marking their first time being built. The community will offer exclusively single-story homes, with select floor plans featuring three car garages.
“We are delighted to introduce the Monte Vista Collection community. These thoughtfully designed homes have over $50,000 of included upgrades that come at no cost to the buyer. We are also including the energy saving solar system in the purchase price of the home,” said Chris Kelly, Regional President of LGI Homes.
Homes at Monte Vista Collection are now available from $599,900. Interested homebuyers are encouraged to call (855) 301-1877 , or visit LGIHomes.com/MonteVistaCollection and complete the form at the bottom of the page.
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 80,000 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 www.lgihomes.com .
MEDIA CONTACT:
Rachel Eaton
(844) 885-8940 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ee7ef2d-419c-4d1b-9dea-8e6a65ce9a65