LGI Homes Inc (LGIH) Gagner

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. The company is headquartered in The Woodlands, Texas and currently employs 1,056 full-time employees. The company went IPO on 2013-11-07. The firm is engaged in the design, construction and sale of homes across approximately 36 markets in 21 states. The company offers multiple product lines, including attached and detached entry-level homes and active adult offerings that are marketed and sold under its LGI Homes brand and luxury homes that are marketed and sold under its Terrata Homes brand. Its homebuilding operations are organized and managed by seven operating segments: West, Northwest, Central, Midwest, Florida, Southeast and Mid-Atlantic. The firm offers an attached townhome product in certain markets. Its CompleteHome and CompleteHome Plus packages offer buyers move-in ready homes. Each of these packages includes preselected, upgraded features, including stainless steel appliances, cabinets and others. Its wholesale business builds and sells homes primarily to institutions interested in acquiring single-family rental properties through bulk sales agreements.