$LGIH

New-home sales prices hit a 5-year low in July, and builder confidence fell to a 1-year low in September, according to NAHB/Wells Fargo. Builders are offering discounts and incentives, but demand remains weak due to high mortgage rates, material costs, and labor shortages. Creative Homes and Bridge Tower Group report choppy sales, while renting remains cheaper than buying. LGI Homes and Smith Douglas Homes noted affordability challenges during earnings calls. (350 characters)

LGI Homes (LGIH) reported Q2 2026 results with revenue of $516M, up 8.8% YoY. The company raised full-year guidance, expecting homebuilding gross margin of 19.0-21.0% and adjusted gross margin of 22.5-24.5%. It reduced debt by $128.6M, ending the quarter with a debt-to-capital ratio of 42.6%. However, H1 2026 homebuilding revenue fell 1.6% YoY to $821.2M, and standard home closings dropped 3.1% to 2,246.

LGI Homes reported Q2 2026 revenue of $516 million, including $501.5 million from homebuilding, and net income of $27 million. Home closings rose to 1,440 units and ASP increased to $367,407. Backlog was 1,298 homes worth $525.5 million. Management reiterated FY26 guidance: 4,600-5,400 closings and raised ASP to $360,000-$370,000 and gross margin ranges.

LGI Homes reported Q2 revenue of $501.5 million, above analysts’ $487.4 million estimate, and adjusted EPS of $1.16 in line. Management attributed results to higher deliveries, inventory management, improved land development profits, and lower house costs, despite affordability pressures. Analysts asked about gross margin guidance, demand and July closings, ASP impacts, and wholesale demand. Shares were about $56.70.

LGI Homes reported Q2 2026 results driven by a 9% rise in deliveries and a 4% increase in homebuilding revenue. Management attributed gross margin outperformance to land development profits and inventory monetization. Backlog rose 61% YoY. Full-year gross margin guidance was raised to 19-21% and ASP to $360k-$370k; community count hit the low end early at 151 active communities.

LGI Homes (NASDAQ: LGIH) reported Q2 CY2026 revenue of $501.5 million, up 3.7% year on year and above analysts’ $487.4 million estimate, with non-GAAP EPS of $1.16 in line. Operating margin fell to 5.3% from 8.2% a year earlier. Management cited higher deliveries, inventory management, and community expansion to offset affordability and rate pressures.

LGI Homes, Inc. (LGIH) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 LGI Homes, Inc. Reports Strong Second Quarter 2026 Results and Increases Full-Year 2026 Average Sales Price and Homebuilding Gross Margin Guidance Ranges THE WOODLANDS, Texas, August 4, 2026 (GLOBE NEWSWIRE) - LGI Homes, Inc. (NASDAQ: LGIH) today announced financial

LGI Homes (NASDAQ:LGIH) reported Q2 CY2026 results. Revenue rose 6.7% year on year to $516 million, exceeding Wall Street estimates by 5.9%, and non-GAAP profit was $1.16 per share, in line with consensus. The article also cites expectations for revenue growth of 16.5% and full-year EPS rising from $3.22 to $3.74.

LGI Homes (NASDAQ:LGIH) will report earnings Tuesday before the bell. The company missed last quarter’s revenue expectations with $319.7 million, down 9% year over year, while EPS beat. For the upcoming quarter, analysts expect revenue roughly flat year over year. LGIH shares are down 8.7% over the past month; average analyst price target is $93 versus $54.57.

U.S. Census Bureau data showed building permits for privately owned housing units fell 3.0% in June from May and 2.3% year over year, with single-family permits down 2.4%. Shares of Meritage Homes (MTH), LGI Homes (LGIH), and Champion Homes (SKY) fell about 4-5% in the afternoon. The article cites KB Home Q2 revenue of $1.11B vs $1.10B consensus.