LGI Homes closed 496 homes in June 2026, marking an 8.5% increase from June 2025.
Quiver AI Summary
LGI Homes, Inc. announced that it closed 496 homes in June 2026, reflecting an 8.5% increase from June 2025, and a total of 1,440 homes in the second quarter of 2026, an increase of 8.8% compared to the same period last year. The company, which currently operates 151 active selling communities, plans to release its financial results for the second quarter on August 4, 2026, followed by a conference call at 12:30 p.m. Eastern Time. LGI Homes, based in The Woodlands, Texas, is known for its innovative approach in the homebuilding industry, having closed over 80,000 homes since 2003 while maintaining a reputation for quality and customer service, earning accolades such as a spot on Newsweek’s list of the World’s Most Trustworthy Companies and the Top Workplaces USA 2026 Award.
Potential Positives
- LGI Homes reported an 8.5% increase in homes closed in June 2026 compared to June 2025, demonstrating sales growth.
- The company saw an 8.8% increase in homes closed during the second quarter of 2026 versus the same quarter in 2025, reflecting positive momentum in its business operations.
- LGI Homes has 151 active selling communities, indicating strong operational capacity and market presence.
- The company was recognized on Newsweek’s list of the World’s Most Trustworthy Companies, highlighting its reputation and commitment to quality and customer service.
Potential Negatives
- While the company reported an increase in home closings, it did not provide specific financial performance details, which may raise concerns among investors about overall profitability and margin trends.
- The mention of previously leased single-family rental homes in their closing figures could indicate reliance on rental operations, which might not be as favorable as traditional home sales in the long term.
- The need to wait until August 4, 2026, for financial results might create uncertainty and speculation among investors regarding the company's financial health and performance in the interim.
FAQ
What homes did LGI Homes close in June 2026?
LGI Homes closed 496 homes in June 2026, including 29 single-family rental homes.
How does June 2026 home closing compare to June 2025?
There was an 8.5% increase, closing 496 homes compared to 457 in June 2025.
What were LGI Homes' Q2 2026 closing numbers?
The company closed 1,440 homes in Q2 2026, marking an 8.8% increase from 1,323 homes in Q2 2025.
When will LGI Homes release its Q2 2026 financial results?
The financial results for Q2 2026 will be released on August 4, 2026, before the market opens.
How can I access LGI Homes' conference call?
The conference call will be available via a link on the Investor Relations page of LGI Homes' website.
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. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LGIH Revenue
$LGIH had revenues of $319.7M in Q1 2026. This is a decrease of -9.02% from the same period in the prior year.
You can track LGIH financials on Quiver Quantitative's LGIH stock page.
You can access data on LGIH stock through the Quiver Quantitative API.
$LGIH Congressional Stock Trading
Members of Congress have traded $LGIH stock 5 times in the past 6 months. Of those trades, 4 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 5 times. They made 4 purchases worth up to $250,000 on 03/20, 03/19, 03/18, 03/12 and 1 sale worth up to $250,000 on 03/26.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$LGIH Hedge Fund Activity
We have seen 82 institutional investors add shares of $LGIH stock to their portfolio, and 116 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ATLAS FRM LLC added 640,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $25,299,200
- MILLENNIUM MANAGEMENT LLC added 469,855 shares (+542.1%) to their portfolio in Q1 2026, for an estimated $18,573,368
- MARSHALL WACE, LLP added 458,924 shares (+1256.0%) to their portfolio in Q1 2026, for an estimated $18,141,265
- WASATCH ADVISORS LP removed 447,995 shares (-70.9%) from their portfolio in Q1 2026, for an estimated $17,709,242
- GOLDMAN SACHS GROUP INC added 378,710 shares (+135.5%) to their portfolio in Q1 2026, for an estimated $14,970,406
- KHROM CAPITAL MANAGEMENT LLC removed 342,448 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $13,536,969
- VOSS CAPITAL, LP added 195,000 shares (+65.0%) to their portfolio in Q1 2026, for an estimated $7,708,350
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
THE WOODLANDS, Texas, July 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 496 homes in June 2026, including 29 currently or previously leased single-family rental homes. This represents an 8.5% increase compared to 457 homes closed in June 2025. Additionally, the Company closed 1,440 homes during the second quarter of 2026, including 75 currently or previously leased single-family rental homes. This represents an 8.8% increase compared to 1,323 homes closed in the second quarter of 2025.
As of June 30, 2026, the Company had 151 active selling communities.
The Company plans to release financial results for the second quarter ended June 30, 2026 before the market opens on Tuesday, August 4, 2026. The Company will hold a conference call at 12:30 p.m. Eastern Time on 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. 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 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 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]
