LGI Homes

LGI Homes reported adjusted earnings of $1.16 per share in the second quarter on revenue of $516.05 million, beating consensus estimates. The company raised its guidance for average selling prices and gross margins and increased full-year targets for home deliveries and active projects. Backlog rose sharply by 60.6% to 1,298 homes valued at $525.5 million, while the stock jumped significantly in premarket trading. Risks remain high mortgage rates, a cancellation rate of around 49%, and fluctuating demand. » Mais em de.investing.com

LGI Homes will dual-list its common stock on the new Nasdaq Texas in addition to its primary listing on the Nasdaq Global Select Market under the ticker symbol LGIH. The secondary listing is not expected to affect the stock’s tradability and is aimed at companies with a Texas connection; LGI Homes is headquartered in The Woodlands and operates in 36 markets. The stock is up about 48% year-to-date and is trading at USD 63.52 (market capitalization USD 1.48 billion); an InvestingPro analysis rates the stock above its fair value. » Mais em de.investing.com

LGI Homes benefited in Q1 2026 from strong results with earnings per share of $0.24, beating estimates. Backlog rose 63% year‑on‑year to 1,699 homes, the highest level since 2022. The company is expanding its Sun Belt presence through large projects such as in Rosenberg, Texas. The stock registered a technical pivotal point on May 27 at $47.93. » Mais em finanzen.net