LGI Homes, Inc. is a homebuilder and land developer. The Company is engaged in the design, construction, marketing and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington and Tennessee. The Company operates through five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division. The Texas division includes homebuilding operations in Houston, Dallas/Fort Worth, San Antonio and Austin locations. The Southwest division includes homebuilding operations in Phoenix, Tucson, Albuquerque, Denver and Colorado Springs locations. The Southeast division includes homebuilding operations in Atlanta, Charlotte and Nashville locations. The Florida division includes homebuilding operations in Tampa, Orlando, Fort Myers and Jacksonville locations. The Northwest division includes homebuilding operations in Seattle location.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Homebuilding - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:LGIH
- CUSIP: N/A
- Web: www.lgihomes.com
Capitalization:- Market Cap: $934.85 million
- Outstanding Shares: 21,600,000
Average Prices:- 50 Day Moving Avg: $38.90
- 200 Day Moving Avg: $32.96
- 52 Week Range: $26.82 - $43.90
P/E:- Trailing P/E Ratio: 12.99
- Foreward P/E Ratio: 8.76
- P/E Growth: 0.57
Sales & Book Value:- Annual Revenue: $838.77 million
- Price / Sales: 1.11
- Book Value: $17.28 per share
- Price / Book: 2.50
Profitability:- EBIDTA: $111.56 million
- Net Margins: 8.95%
- Return on Equity: 22.09%
- Return on Assets: 9.51%
Debt:- Debt-to-Equity Ratio: 1.14%
- Current Ratio: 12.66%
- Quick Ratio: 0.90%
Misc:- Average Volume: 347,641 shs.
- Beta: 0.05
- Short Ratio: 20.72
Frequently Asked Questions for LGI Homes (NASDAQ:LGIH)
What is LGI Homes' stock symbol?
LGI Homes trades on the NASDAQ under the ticker symbol "LGIH."
How were LGI Homes' earnings last quarter?
LGI Homes, Inc. (NASDAQ:LGIH) announced its quarterly earnings data on Tuesday, May, 9th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The business earned $162.91 million during the quarter, compared to the consensus estimate of $161.68 million. LGI Homes had a net margin of 8.95% and a return on equity of 22.09%. The company's revenue was up .3% on a year-over-year basis. During the same period in the previous year, the business earned $0.57 earnings per share. View LGI Homes' Earnings History.
What guidance has LGI Homes issued on next quarter's earnings?
LGI Homes updated its FY17 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $4.00-4.50 for the period, compared to the Thomson Reuters consensus estimate of $3.82.
Where is LGI Homes' stock going? Where will LGI Homes' stock price be in 2017?
3 equities research analysts have issued 12-month target prices for LGI Homes' shares. Their predictions range from $33.00 to $35.00. On average, they anticipate LGI Homes' stock price to reach $34.00 in the next year. View Analyst Ratings for LGI Homes.
What are analysts saying about LGI Homes stock?
Here are some recent quotes from research analysts about LGI Homes stock:
- 1. According to Zacks Investment Research, "LGI Homes, Inc. is engaged in the design and construction of entry-level homes across Texas, Arizona, Florida and Georgia. The company focuses on converting renters of apartments and single-family homes into homeowners by offering homes at affordable locations. LGI Homes, Inc. is headquartered in The Woodlands, Texas. " (7/18/2017)
- 2. BTIG Research analysts commented, "LGIH's unique, obsessive, disciplined approach to finding, attracting and converting renters to buyers through direct marketing has allowed for outsized revenue growth. Dependency on the low-end customer segment and government housing finance programs means more risk for LGIH though. We like the model, but see shares as fairly-valued." (2/7/2017)
Are investors shorting LGI Homes?
LGI Homes saw a increase in short interest in June. As of June 15th, there was short interest totalling 7,455,117 shares, an increase of 28.7% from the May 31st total of 5,793,829 shares. Based on an average daily volume of 319,639 shares, the short-interest ratio is presently 23.3 days. Currently, 43.6% of the company's shares are sold short.
Who are some of LGI Homes' key competitors?
Who are LGI Homes' key executives?
LGI Homes' management team includes the folowing people:
- Eric Lipar, Chairman of the Board, Chief Executive Officer
- Michael Snider, President, Chief Operating Officer
- Charles Merdian, Chief Financial Officer, Treasurer, Secretary
- Rachel Eaton, Executive Vice President, Chief Marketing Officer
- Jack Lipar, Executive Vice President - Acquisitions
- Margaret Britton, Chief Administrative Officer
- Bryan Sansbury, Lead Independent Director
- Ryan Edone, Independent Director
- Duncan S. Gage, Independent Director
- Steven Smith, Independent Director
Who owns LGI Homes stock?
LGI Homes' stock is owned by a number of of institutional and retail investors. Top institutional investors include Manning & Napier Advisors LLC (0.59%), James Investment Research Inc. (0.41%), Capital Impact Advisors LLC (0.17%), Sheets Smith Wealth Management (0.05%), Capstone Asset Management Co. (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Margaret Mary Britton, Michael Larry Snider, Rachel Lyons Eaton, Ryan Edone, Steven Randal Smith and Thomas E Lipar. View Institutional Ownership Trends for LGI Homes.
Who sold LGI Homes stock? Who is selling LGI Homes stock?
LGI Homes' stock was sold by a variety of institutional investors in the last quarter, including Capital Impact Advisors LLC, Manning & Napier Advisors LLC, Capstone Asset Management Co. and LS Investment Advisors LLC. Company insiders that have sold LGI Homes stock in the last year include Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Margaret Mary Britton and Rachel Lyons Eaton. View Insider Buying and Selling for LGI Homes.
Who bought LGI Homes stock? Who is buying LGI Homes stock?
LGI Homes' stock was acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Sheets Smith Wealth Management, State of Alaska Department of Revenue and Louisiana State Employees Retirement System. View Insider Buying and Selling for LGI Homes.
How do I buy LGI Homes stock?
Shares of LGI Homes can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is LGI Homes' stock price today?
One share of LGI Homes stock can currently be purchased for approximately $43.28.
MarketBeat Community Rating for LGI Homes (NASDAQ LGIH)MarketBeat's community ratings are surveys of what our community members think about LGI Homes and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for LGI Homes (NASDAQ:LGIH)Earnings History by Quarter for LGI Homes (NASDAQ LGIH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/9/2017 | Q1 2017 | $0.50 | $0.52 | $161.68 million | $162.91 million | View | Listen |  |
| 3/7/2017 | Q4 2016 | $0.94 | $1.01 | $236.26 million | $236.80 million | View | Listen | |
| 11/8/2016 | Q316 | $0.85 | $0.86 | $213.78 million | $216.30 million | View | Listen | |
| 8/9/2016 | Q216 | $0.87 | $0.96 | $219.52 million | $222.72 million | View | N/A | |
| 5/10/2016 | Q116 | $0.52 | $0.57 | $167.55 million | $162.50 million | View | Listen | |
| 3/9/2016 | Q415 | $0.71 | $0.75 | $178.03 million | $176.80 million | View | N/A | |
| 11/4/2015 | Q315 | $0.60 | $0.76 | $169.90 million | $174.00 million | View | N/A | |
| 8/5/2015 | Q215 | $0.65 | $0.66 | $159.60 million | $158.82 million | View | Listen | |
| 5/7/2015 | Q115 | $0.33 | $0.33 | $114.07 million | $123.69 million | View | Listen | |
| 3/12/2015 | Q414 | $0.37 | $0.36 | $107.52 million | $108.40 million | View | N/A | |
| 11/11/2014 | Q314 | $0.34 | $0.34 | $89.90 million | $92.52 million | View | N/A | |
| 8/12/2014 | Q214 | $0.33 | $0.47 | $90.81 million | $106.40 million | View | N/A | |
| 5/15/2014 | Q114 | $0.14 | $0.22 | $73.87 million | $75.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for LGI Homes (NASDAQ:LGIH)2017 EPS Consensus Estimate: $3.80
2018 EPS Consensus Estimate: $4.45
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.46 | $0.46 | $0.46 |
| Q2 2017 | 1 | $0.96 | $0.96 | $0.96 |
| Q3 2017 | 1 | $1.12 | $1.12 | $1.12 |
| Q4 2017 | 1 | $1.26 | $1.26 | $1.26 |
| Q1 2018 | 1 | $0.64 | $0.64 | $0.64 |
| Q2 2018 | 1 | $1.15 | $1.15 | $1.15 |
| Q3 2018 | 1 | $1.20 | $1.20 | $1.20 |
| Q4 2018 | 1 | $1.46 | $1.46 | $1.46 |
(Data provided by Zacks Investment Research)
Dividend History for LGI Homes (NASDAQ:LGIH)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for LGI Homes (NASDAQ:LGIH)Insider Ownership Percentage: 13.60%
Institutional Ownership Percentage: 86.93%
Insider Trades by Quarter for LGI Homes (NASDAQ:LGIH)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/17/2017 | Eric Thomas Lipar | CEO | Sell | 10,000 | $42.59 | $425,900.00 | |
| 4/11/2017 | Eric Thomas Lipar | CEO | Sell | 10,000 | $30.49 | $304,900.00 | |
| 3/16/2017 | Charles Michael Merdian | CFO | Sell | 4,255 | $32.29 | $137,393.95 | |
| 3/16/2017 | Eric Thomas Lipar | CEO | Sell | 16,670 | $32.29 | $538,274.30 | |
| 3/16/2017 | Jack Anthony Lipar | VP | Sell | 3,405 | $32.29 | $109,947.45 | |
| 3/16/2017 | Margaret Mary Britton | CAO | Sell | 2,555 | $32.29 | $82,500.95 | |
| 3/16/2017 | Rachel Lyons Eaton | Insider | Sell | 850 | $32.29 | $27,446.50 | |
| 1/19/2017 | Eric Thomas Lipar | Insider | Sell | 10,000 | $29.92 | $299,200.00 | |
| 9/22/2016 | Eric Thomas Lipar | Insider | Sell | 10,000 | $36.66 | $366,600.00 | |
| 6/22/2016 | Eric Thomas Lipar | Major Shareholder | Sell | 10,000 | $29.96 | $299,600.00 | |
| 3/18/2016 | Thomas E Lipar | Major Shareholder | Sell | 125,500 | $22.68 | $2,846,340.00 | |
| 3/16/2016 | Eric Thomas Lipar | Major Shareholder | Sell | 919 | $21.82 | $20,052.58 | |
| 3/16/2016 | Jack Anthony Lipar | VP | Sell | 263 | $21.82 | $5,738.66 | |
| 3/16/2016 | Michael Larry Snider | COO | Sell | 628 | $21.82 | $13,702.96 | |
| 3/16/2016 | Rachel Lyons Eaton | CMO | Sell | 64 | $21.82 | $1,396.48 | |
| 3/15/2016 | Thomas E Lipar | Major Shareholder | Sell | 49,500 | $22.47 | $1,112,265.00 | |
| 11/25/2015 | Steven Randal Smith | Director | Sell | 3,046 | $32.55 | $99,147.30 | |
| 11/23/2015 | Thomas E. Lipar | Major Shareholder | Sell | 50,000 | $31.75 | $1,587,500.00 | |
| 11/20/2015 | Thomas E Lipar | Major Shareholder | Sell | 44,308 | $31.26 | $1,385,068.08 | |
| 11/18/2015 | Thomas E Lipar | Major Shareholder | Sell | 80,692 | $30.74 | $2,480,472.08 | |
| 11/10/2015 | Bryan Christopher Sansbury | Director | Sell | 1,500 | $29.95 | $44,925.00 | |
| 10/7/2015 | Eric Thomas Lipar | major shareholder | Sell | 10,000 | $30.23 | $302,300.00 | |
| 9/16/2015 | Thomas E Lipar | Major Shareholder | Sell | 50,000 | $29.07 | $1,453,500.00 | |
| 9/11/2015 | Thomas E Lipar | Major Shareholder | Sell | 50,000 | $28.06 | $1,403,000.00 | |
| 9/10/2015 | Ryan Edone | Director | Buy | 1,455 | $27.49 | $39,997.95 | |
| 7/17/2015 | Thomas E Lipar | Major Shareholder | Sell | 36,900 | $18.57 | $685,233.00 | |
| 7/15/2015 | Thomas E Lipar | Major Shareholder | Sell | 49,112 | $19.10 | $938,039.20 | |
| 7/13/2015 | Thomas E Lipar | Major Shareholder | Sell | 47,916 | $19.45 | $931,966.20 | |
| 7/9/2015 | Thomas E Lipar | Major Shareholder | Sell | 48,235 | $18.72 | $902,959.20 | |
| 7/7/2015 | Thomas E Lipar | Major Shareholder | Sell | 27,944 | $18.49 | $516,684.56 | |
| 7/6/2015 | Thomas E Lipar | Major Shareholder | Sell | 41,947 | $18.90 | $792,798.30 | |
| 7/2/2015 | Thomas E Lipar | Major Shareholder | Sell | 63,568 | $19.10 | $1,214,148.80 | |
| 4/23/2015 | Thomas E Lipar | Major Shareholder | Sell | 53,541 | $17.46 | $934,825.86 | |
| 4/21/2015 | Thomas E Lipar | Major Shareholder | Sell | 46,459 | $17.59 | $817,213.81 | |
| 4/7/2015 | Eric Thomas Lipar | Major Shareholder | Sell | 10,000 | $17.55 | $175,500.00 | |
| 3/30/2015 | Jack Anthony Lipar | VP | Sell | 4,000 | $16.37 | $65,480.00 | |
| 3/30/2015 | Michael Larry Snider | COO | Sell | 8,000 | $16.37 | $130,960.00 | |
| 3/19/2015 | Duncan S Gage | Director | Buy | 26,983 | $14.54 | $392,332.82 | |
| 3/19/2015 | Margaret Mary Britton | Insider | Buy | 2,500 | $14.56 | $36,400.00 | |
| 3/18/2015 | Ryan Edone | Director | Buy | 4,095 | $14.43 | $59,090.85 | |
| 2/20/2015 | Thomas E Lipar | Major Shareholder | Sell | 37,158 | $14.02 | $520,955.16 | |
| 2/10/2015 | Thomas E Lipar | Major Shareholder | Sell | 1,500 | $14.04 | $21,060.00 | |
| 2/9/2015 | Thomas E Lipar | Major Shareholder | Sell | 30,281 | $14.00 | $423,934.00 | |
| 1/8/2015 | Eric Thomas Lipar | Major Shareholder | Sell | 10,000 | $14.21 | $142,100.00 | |
| 11/10/2014 | Thomas E Lipar | Major Shareholder | Sell | 18,287 | $19.50 | $356,596.50 | |
| 11/5/2014 | Thomas E Lipar | Major Shareholder | Sell | 20,709 | $19.50 | $403,825.50 | |
| 11/3/2014 | Thomas E Lipar | Major Shareholder | Sell | 61,004 | $19.50 | $1,189,578.00 | |
| 11/13/2013 | Michael Larry Snider | Insider | Buy | 8,000 | $11.00 | $88,000.00 | |
| 11/13/2013 | Steven Randal Smith | Director | Buy | 1,500 | $11.00 | $16,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for LGI Homes (NASDAQ:LGIH)
Latest Headlines for LGI Homes (NASDAQ:LGIH)
| Source: |
|
| Date | Headline |
|---|
 | LGI Homes Introduces New Floor Plans at Meriwether Community - GlobeNewswire (press release)
globenewswire.com - July 21 at 1:19 AM |
 | LGI Homes Introduces New Floor Plans at Meriwether Community
finance.yahoo.com - July 21 at 1:19 AM |
 | Housing starts jump as construction, home buying get back on track ... - MarketWatch
www.marketwatch.com - July 20 at 12:18 AM |
 | LGI Homes, Inc. (NASDAQ:LGIH) CEO Eric Thomas Lipar Sells 10,000 Shares
www.americanbankingnews.com - July 19 at 7:38 PM |
| LGI Homes Opens First Terrata Homes Community in Phoenix - GlobeNewswire (press release)
globenewswire.com - July 18 at 4:38 PM |
| LGI Homes Now Building in Vanderbilt Farms in Tucson - GlobeNewswire (press release)
globenewswire.com - July 18 at 4:38 PM |
| LGI Homes Now Building in Vanderbilt Farms in Tucson
finance.yahoo.com - July 18 at 4:38 PM |
| LGI Homes Opens First Terrata Homes Community in Phoenix
finance.yahoo.com - July 18 at 6:14 AM |
| LGI Homes Now Building in Thornton, Colorado - GlobeNewswire (press release)
globenewswire.com - July 15 at 5:40 AM |
| LGI Homes Now Building in Thornton, Colorado
finance.yahoo.com - July 14 at 6:05 AM |
| LGI Homes Releases Last 18 Homes for Sale in Popular Berry’s Ridge Community
finance.yahoo.com - July 13 at 6:19 AM |
| PulteGroup (PHM) & LGI Homes (NASDAQ:LGIH) Critical Contrast
www.americanbankingnews.com - July 12 at 10:31 PM |
| LGI Homes Debuts New Community in Fort Mill - GlobeNewswire (press release)
globenewswire.com - July 12 at 2:14 AM |
 | LGI Homes Is Now Fairly Valued - Seeking Alpha
seekingalpha.com - July 12 at 2:14 AM |
| LGI Homes Debuts New Community in Fort Mill
finance.yahoo.com - July 12 at 2:14 AM |
 | Why Rambus, Applied Optoelectronics, and LGI Homes Jumped Today - Motley Fool
www.fool.com - July 9 at 11:38 AM |
| Comparing PulteGroup (PHM) and LGI Homes (NASDAQ:LGIH)
www.americanbankingnews.com - July 9 at 10:26 AM |
| Strong June Closings Data Boosts LGI Homes
finance.yahoo.com - July 8 at 12:14 PM |
| Tech Stocks Lead As Jobs Gains Spark Early Rally; Homebuilders Break Out
finance.yahoo.com - July 8 at 12:14 PM |
| Stocks Up Nicely; McDonald's May Have New Trend To Tap
finance.yahoo.com - July 8 at 12:14 PM |
| Head-To-Head Comparison: PulteGroup (PHM) vs. LGI Homes (NASDAQ:LGIH)
www.americanbankingnews.com - July 7 at 8:06 AM |
 | LGI Homes, Inc. Reports Record June and Second Quarter 2017 Home Closings - Nasdaq
www.nasdaq.com - July 7 at 6:57 AM |
| Top Builder's Home Closings Soar 75% In June; Stock Near Buy Point
finance.yahoo.com - July 7 at 6:57 AM |
| Zacks: Analysts Anticipate LGI Homes, Inc. (LGIH) Will Post Quarterly Sales of $278.54 Million
www.americanbankingnews.com - July 5 at 11:50 AM |
| Wedbush Reaffirms Neutral Rating for LGI Homes, Inc. (NASDAQ:LGIH)
www.americanbankingnews.com - July 4 at 7:16 PM |
| LGI Homes, Inc. (LGIH) Expected to Announce Earnings of $1.10 Per Share
www.americanbankingnews.com - July 3 at 10:59 AM |
| Short Interest in LGI Homes, Inc. (LGIH) Increases By 28.7%
www.americanbankingnews.com - June 29 at 7:12 AM |
| Critical Review: LGI Homes (LGIH) & New Home Company Inc. (The) (NWHM)
www.americanbankingnews.com - June 25 at 7:54 AM |
| LGI Homes, Inc. (LGIH) Lowered to "Buy" at ValuEngine
www.americanbankingnews.com - June 20 at 11:40 PM |
| LGI Homes, Inc. (LGIH) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 20 at 4:28 PM |
| Critical Comparison: New Home Company Inc. (The) (NWHM) versus LGI Homes (LGIH)
www.americanbankingnews.com - June 19 at 7:49 AM |
| Head to Head Review: LGI Homes (LGIH) & KB Home (KBH)
www.americanbankingnews.com - June 14 at 7:52 AM |
| LGI Homes, Inc. (Nasdaq: LGIH) to Ring The Nasdaq Stock Market Closing Bell - GlobeNewswire (press release)
globenewswire.com - June 9 at 11:29 PM |
| LGI Homes, Inc. (Nasdaq: LGIH) to Ring The Nasdaq Stock Market Closing Bell
finance.yahoo.com - June 9 at 6:29 PM |
| $273.04 Million in Sales Expected for LGI Homes Inc (LGIH) This Quarter
www.americanbankingnews.com - June 9 at 3:42 PM |
| Zacks: Analysts Expect LGI Homes Inc (LGIH) Will Post Earnings of $1.06 Per Share
www.americanbankingnews.com - June 7 at 7:40 AM |
| LGI Homes, Inc. Reports Record Home Closings for May 2017 - GlobeNewswire (press release)
globenewswire.com - June 6 at 9:53 AM |
| LGI Homes, Inc. Reports Record Home Closings for May 2017
finance.yahoo.com - June 5 at 6:59 PM |
| 7 Reasons LGI Homes Is Undervalued And A Rare Buy - Seeking Alpha
seekingalpha.com - June 3 at 12:41 AM |
| ETFs with exposure to LGI Homes, Inc. : May 25, 2017
finance.yahoo.com - May 26 at 3:08 AM |
| Zacks Value Investor Highlights: Avis Budget Group, General Motors, Gilead Sciences, LGI Homes and Micron
finance.yahoo.com - May 19 at 10:49 AM |
| This Entry-Level Homebuilder Is A BUY - Seeking Alpha
seekingalpha.com - May 17 at 6:15 PM |
| LGI Homes Inc (LGIH) Rating Increased to Market Perform at Wells Fargo & Co
www.americanbankingnews.com - May 16 at 9:32 PM |
| Should Value Investors Consider LGI Homes (LGIH) Stock Now? - Nasdaq
www.nasdaq.com - May 16 at 6:07 PM |
| Should Value Investors Consider LGI Homes (LGIH) Stock Now?
finance.yahoo.com - May 15 at 10:38 AM |
| LGI Homes Inc (LGIH) Expected to Announce Quarterly Sales of $258.04 Million
www.americanbankingnews.com - May 13 at 8:42 AM |
| ETFs with exposure to LGI Homes, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 6:56 PM |
| Q3 2017 EPS Estimates for LGI Homes Inc (LGIH) Raised by Analyst
www.americanbankingnews.com - May 12 at 11:22 AM |
| LGI Homes, Inc. :LGIH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 6:46 PM |
| Zacks: Analysts Expect LGI Homes Inc (LGIH) to Announce $0.99 EPS
www.americanbankingnews.com - May 11 at 12:20 PM |
LGI Homes (LGIH) Chart for Sunday, July, 23, 2017
