LGI Homes closed 451 homes in March 2026, totaling 916 for Q1, with 142 active selling communities.
Quiver AI Summary
LGI Homes, Inc. announced that it closed 451 homes in March 2026, including 9 single-family rental homes, and a total of 916 homes in the first quarter, comprising 35 rental homes. As of March 31, 2026, the company had 142 active selling communities. Financial results for the first quarter will be released on April 28, 2026, followed by a conference call at 12:30 p.m. Eastern Time. LGI Homes is recognized as a leader in the homebuilding industry, having closed over 80,000 homes since its inception in 2003, and is noted for its quality construction and customer service. The company has received various workplace awards and has more than 1,000 employees. More information is available on their website.
Potential Positives
- LGI Homes closed 451 homes in March 2026, contributing to a total of 916 homes closed in the first quarter, demonstrating strong sales performance.
- The company has 142 active selling communities as of March 31, 2026, indicating a robust market presence and growth potential.
- LGI Homes has been nationally recognized for quality construction and customer service, enhancing its reputation and credibility in the homebuilding industry.
- The Company has a track record of delivering profitable financial results every year since its founding, which is a positive indicator of its financial health and operational effectiveness.
Potential Negatives
- The press release does not provide detailed financial results for the first quarter or comparison figures from previous quarters, which may raise concerns about transparency or performance.
- Despite closing a notable number of homes, the mention of previously leased single-family rental homes may imply a shift in business strategy that could worry investors about the company's long-term focus.
- The forthcoming earnings conference call is planned for April 28, 2026, which means investors will have to wait for over three weeks for the financial details and insights into the company's performance in a dynamic market environment.
FAQ
How many homes did LGI Homes close in March 2026?
LGI Homes closed 451 homes in March 2026.
What were the total home closings for LGI Homes in Q1 2026?
In the first quarter of 2026, LGI Homes closed 916 homes.
When will LGI Homes release its Q1 2026 financial results?
The financial results for Q1 2026 will be released on April 28, 2026.
How can I access the earnings conference call?
The conference call can be accessed via the Investor Relations page of LGI Homes’ website.
What recognition has LGI Homes received for its workplace environment?
LGI Homes earned the Top Workplaces USA 2025 Award for its excellent workplace culture.
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 Insider Trading Activity
$LGIH insiders have traded $LGIH stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by insiders over the last 6 months:
- ERIC THOMAS LIPAR (CEO and Chairman of the Board) has made 0 purchases and 6 sales selling 39,898 shares for an estimated $1,675,684.
- MICHAEL LARRY SNIDER (President and COO) has made 0 purchases and 6 sales selling 13,887 shares for an estimated $583,777.
- CHARLES MICHAEL MERDIAN (CFO and Treasurer) has made 0 purchases and 3 sales selling 7,211 shares for an estimated $303,134.
- SCOTT JAMES GARBER (General Counsel and Secretary) has made 0 purchases and 3 sales selling 1,353 shares for an estimated $56,877.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LGIH Revenue
$LGIH had revenues of $474M in Q4 2025. This is a decrease of -14.97% 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 7 times in the past 6 months. Of those trades, 6 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 7 times. They made 6 purchases worth up to $350,000 on 03/20, 03/19, 03/18, 03/12, 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 98 institutional investors add shares of $LGIH stock to their portfolio, and 140 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TRIBUTARY CAPITAL MANAGEMENT, LLC removed 386,072 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $16,585,653
- CITADEL ADVISORS LLC removed 262,927 shares (-65.1%) from their portfolio in Q4 2025, for an estimated $11,295,343
- TWO SIGMA INVESTMENTS, LP added 221,765 shares (+634.2%) to their portfolio in Q4 2025, for an estimated $9,527,024
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 153,112 shares (-20.4%) from their portfolio in Q4 2025, for an estimated $6,577,691
- FMR LLC added 147,710 shares (+1117.6%) to their portfolio in Q4 2025, for an estimated $6,345,621
- NFJ INVESTMENT GROUP, LLC removed 137,108 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $5,890,159
- MORGAN STANLEY removed 136,003 shares (-28.0%) from their portfolio in Q4 2025, for an estimated $5,842,688
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 0 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
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 2 analysts offer price targets for $LGIH in the last 6 months, with a median target of $71.75.
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
Full Release
THE WOODLANDS, Texas, April 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 451 homes in March 2026, which includes the closing of 9 currently or previously leased single-family rental homes. The Company closed 916 homes during the first quarter of 2026, which includes the closing of 35 currently or previously leased single-family rental homes.
As of March 31, 2026, the Company had 142 active selling communities.
First Quarter 2026 Earnings Conference Call and Webcast
The Company plans to release financial results for the first quarter ended March 31, 2026, before the market opens on Tuesday, April 28, 2026. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results.
A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section.
An archive of the webcast will be available for replay on the Company's website for one year from the date of the conference call.
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 .
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586
[email protected]
