NASDAQ:LGIH

LGI Homes Stock Forecast, Price & News

$107.63

-0.42 (-0.39 %)

(As of 12/1/2020 12:00 AM ET)

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Today's Range

$106.75

Now: $107.63▼

$109.43

50-Day Range

$104.30

MA: $115.00▼

$129.12

52-Week Range

$33.00

Now: $107.63▼

$132.98

Volume266,736 shs

Average Volume363,767 shs

Market Capitalization$2.70 billion

P/E Ratio10.85

Dividend YieldN/A

Beta1.68

LGI Homes, Inc. designs, constructs, and sells homes in the United States. It offers entry-level homes, such as detached and attached homes, and move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. As of March 31, 2020, it owned 113 communities. The company serves in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, and West Virginia. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
LGI Homes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $105.40, LGI Homes has a forecasted downside of 2.1% from its current price of $107.63.
Amount of Analyst Coverage
LGI Homes has only been the subject of 2 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
LGI Homes has received 413 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LGI Homes has received 426 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LGI Homes has received 50.77% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about LGI Homes and other stocks. Vote “Outperform” if you believe LGIH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LGIH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
LGI Homes does not currently pay a dividend.
Dividend Growth
LGI Homes does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LGI Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,085,988.00 in company stock.
Percentage Held by Insiders
Only 12.00% of the stock of LGI Homes is held by insiders.
Percentage Held by Institutions
80.41% of the stock of LGI Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for LGI Homes are expected to grow by 1.91% in the coming year, from $10.47 to $10.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LGI Homes is 10.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 20.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of LGI Homes is 10.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.02.
Price to Book Value per Share Ratio
LGI Homes has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Operative builders

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:LGIH

Previous Symbol

CUSIPN/A

CIK1580670

Webwww.lgihomes.com

Phone281-362-8998

Employees953

Debt

Debt-to-Equity Ratio0.61

Current Ratio12.91

Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio10.85

Forward P/E Ratio10.28

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.84 billion

Price / Sales1.47

Cash Flow$7.67 per share

Price / Cash Flow14.03

Book Value$40.35 per share

Price / Book2.67

Profitability

EPS (Most Recent Fiscal Year)$7.02

Net Income$178.61 million

Net Margins12.15%

Return on Equity24.77%

Return on Assets13.28%

Miscellaneous

Outstanding Shares25,100,000

Market Cap$2.70 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$107.63

-0.42 (-0.39 %)

(As of 12/1/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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LGI Homes (NASDAQ:LGIH) Frequently Asked Questions

How has LGI Homes' stock been impacted by Coronavirus (COVID-19)?

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LGIH shares have increased by 56.0% and is now trading at $107.63.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of LGI Homes?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for LGI Homes or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than LGI Homes?

Wall Street analysts have given LGI Homes a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but LGI Homes wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is LGI Homes' next earnings date?

LGI Homes is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for LGI Homes.

How were LGI Homes' earnings last quarter?

LGI Homes, Inc. (NASDAQ:LGIH) issued its quarterly earnings data on Tuesday, November, 3rd. The financial services provider reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.16 by $0.29. The financial services provider earned $534.20 million during the quarter, compared to analyst estimates of $516.10 million. LGI Homes had a return on equity of 24.77% and a net margin of 12.15%. The business's quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.93 EPS.
View LGI Homes' earnings history.

What price target have analysts set for LGIH?

5 brokerages have issued 1-year price objectives for LGI Homes' stock. Their forecasts range from $50.00 to $140.00. On average, they expect LGI Homes' share price to reach $105.40 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
View analysts' price targets for LGI Homes.

Who are some of LGI Homes' key competitors?

Some companies that are related to LGI Homes include Toll Brothers (TOL), Meritage Homes (MTH), Taylor Morrison Home (TMHC), KB Home (KBH), M.D.C. (MDC), TRI Pointe Group (TPH), Century Communities (CCS), M/I Homes (MHO), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), The New Home (NWHM) and Harbor Custom Development (HCDI).
View all competitors.

What other stocks do shareholders of LGI Homes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LGI Homes investors own include CA (CA), Micron Technology (MU), BlackRock (BLK), Chipotle Mexican Grill (CMG), Endologix (ELGX), NVIDIA (NVDA), The Home Depot (HD), Alibaba Group (BABA), Advanced Micro Devices (AMD) and The Walt Disney (DIS).

Who are LGI Homes' key executives?

LGI Homes' management team includes the following people:

Mr. Eric Thomas Lipar, Chairman & CEO (Age 49, Pay $2.19M)
Mr. Michael Larry Snider, Pres & COO (Age 49, Pay $1.43M)
Mr. Charles Michael Merdian, CFO & Treasurer (Age 50, Pay $957.1k)
Ms. Rachel Lyons Eaton, Chief Marketing Officer (Age 38, Pay $601.85k)
Mr. Jack Anthony Lipar, Exec. VP of Acquisitions (Age 51, Pay $617.17k)
Joshua Fattor, VP of Investor Relations
Mr. Scott J. Garber, Gen. Counsel & Corp. Sec. (Age 48)
Mr. Chris Kelly, Southwest Division Pres
Mr. Thomas E. Lipar, Managing Member of Certain Predecessor Entities (Age 70)

What is LGI Homes' stock symbol?

LGI Homes trades on the NASDAQ under the ticker symbol "LGIH."

Who are LGI Homes' major shareholders?

LGI Homes' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.87%), Wasatch Advisors Inc. (8.03%), Altshuler Shaham Ltd (4.85%), State Street Corp (3.30%), Lord Abbett & CO. LLC (3.04%) and Neumeier Poma Investment Counsel LLC (1.55%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Duncan S Gage, Eric Thomas Lipar, Jack Anthony Lipar, Michael Larry Snider, Rachel Lyons Eaton, Robert Karnig Vahradian, Ryan Edone and Steven Randal Smith.
View institutional ownership trends for LGI Homes.

Which major investors are selling LGI Homes stock?

LGIH stock was sold by a variety of institutional investors in the last quarter, including Neumeier Poma Investment Counsel LLC, Wasatch Advisors Inc., Royce & Associates LP, Harspring Capital Management LLC, Alpine Woods Capital Investors LLC, Sara Bay Financial, Shaker Investments LLC OH, and BlackRock Inc.. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Duncan S Gage, Eric Thomas Lipar, Michael Larry Snider, Ryan Edone, and Steven Randal Smith.
View insider buying and selling activity for LGI Homes.

Which major investors are buying LGI Homes stock?

LGIH stock was purchased by a variety of institutional investors in the last quarter, including O Brien Greene & Co. Inc, Shelton Capital Management, Voloridge Investment Management LLC, Grandeur Peak Global Advisors LLC, Los Angeles Capital Management & Equity Research Inc., State Street Corp, Standard Life Aberdeen plc, and Cypress Capital Management LLC WY.
View insider buying and selling activity for LGI Homes.

How do I buy shares of LGI Homes?

Shares of LGIH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is LGI Homes' stock price today?

One share of LGIH stock can currently be purchased for approximately $107.63.

How big of a company is LGI Homes?

LGI Homes has a market capitalization of $2.70 billion and generates $1.84 billion in revenue each year. The financial services provider earns $178.61 million in net income (profit) each year or $7.02 on an earnings per share basis. LGI Homes employs 953 workers across the globe.

What is LGI Homes' official website?

The official website for LGI Homes is www.lgihomes.com.

How can I contact LGI Homes?

LGI Homes' mailing address is 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX, 77380. The financial services provider can be reached via phone at 281-362-8998 or via email at [email protected]

This page was last updated on 12/1/2020 by MarketBeat.com Staff

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