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THE WOODLANDS, Texas - LGI Homes, Inc. (NASDAQ: LGIH), a Texas-based homebuilding company with a market capitalization of $1.69 billion, disclosed its performance metrics for February 2025, revealing that it had closed on 351 homes during the month. As of the end of February, the company reported having 150 active selling communities. According to InvestingPro data, the company maintains a healthy gross profit margin of 24.39% despite operating with significant debt.
LGI Homes, known for its systematic approach to home design and construction, operates across 36 markets in 21 states. Since its inception in 2003, the company has closed over 75,000 homes and has consistently reported profitable financial outcomes each year, currently trading at a P/E ratio of 8.68. InvestingPro analysis reveals 12 additional key insights about the company’s financial health and market position, available to subscribers.
The company has also been acknowledged for its commitment to quality construction and customer service, earning a spot on Newsweek’s list of the World’s Most Trustworthy Companies. Furthermore, LGI Homes has garnered recognition for its workplace environment, including the Top Workplaces USA 2024 Award, reflecting its dedication to its workforce of more than 1,000 employees.
The announcement of February’s closing figures comes as part of LGI Homes’ ongoing updates on its operational status and market presence. This performance indicator is a critical metric for investors and industry analysts as it provides insights into the company’s sales volume and growth trends. The company generated $2.2 billion in revenue over the last twelve months, though InvestingPro data indicates the stock is currently trading near its 52-week low, potentially presenting an opportunity for investors seeking detailed analysis through InvestingPro’s comprehensive research reports.
LGI Homes has built a reputation for making homeownership attainable for families across the nation, which is central to its business model. The company’s achievements in the homebuilding sector underscore its role as a significant player in the industry.
This report is based on a press release statement from LGI Homes, Inc. The company’s commitment to expanding its reach and maintaining a strong presence in the housing market is evidenced by its active community count and the number of homes closed.
Investors and those interested in the company’s progress can find further information through LGI Homes’ investor relations and access detailed financial analysis, including Fair Value estimates and growth projections, through InvestingPro’s extensive research reports, which are available for over 1,400 US stocks.
In other recent news, LGI Homes reported its fourth-quarter 2024 earnings, which did not meet analysts’ expectations. The company announced an EPS of $2.15, falling short of the forecasted $2.35, and revenue of $557.4 million, which was below the expected $645.65 million. Despite these shortfalls, LGI Homes experienced a 7.03% surge in pre-market trading, suggesting investor optimism about its strategic direction and future prospects. The company opened 80 new communities in 2024, increasing its active communities by 29%, and reported a full-year gross margin improvement of 120 basis points.
In related developments, Citizens JMP analyst Aaron Hecht revised the price target for LGI Homes to $140, down from $160, while maintaining a Market Outperform rating. Hecht highlighted the company’s challenges with high interest rates and affordability issues, which are expected to persist into 2025. LGI Homes has set a guidance for home closings between 6,130 and 6,530 for 2025, with plans to increase active communities to between 160 and 170. The company also projects an average sales price of $360,000 to $370,000, with gross margins anticipated to range from 23.2% to 24.2%.
Looking forward, LGI Homes plans to implement incentives to help buyers qualify for purchases, though this strategy may impact profitability and margins. The company anticipates that rental rates will increase as 2026 approaches, potentially reducing the affordability gap between renting and home buying.
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