LGI Homes, Inc., headquartered in The Woodlands, Texas, designs, constructs, and sells new homes across multiple U.S. states, employing 952 full-time staff since its 2013 IPO. The company markets entry-level and luxury homes under its LGI Homes and Terrata Homes brands, featuring customizable amenities like stainless steel appliances and granite countertops.
LGIH has been in the news recently: LGI Homes, Inc. closed 571 homes in June 2024 and 1,655 homes in the second quarter of 2024. The company reported $390.9 million in Q1 revenues, with a 10% ROE and 5.9% net income growth over five years, below industry averages.
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