LGI Homes, Inc. engages in the design, construction, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, and Nevada. It offers entry-level homes, such as detached and townhomes, as well as move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. As of December 31, 2017, it owned 72 communities under the LGI Homes brand; and 6 under the Terrata Homes brand. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Operative builders
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:LGIH
Previous Symbol
CUSIPN/A
Phone281-362-8998
Debt
Debt-to-Equity Ratio1.02
Current Ratio13.89
Quick Ratio1.21
Price-To-Earnings
Trailing P/E Ratio8.67
Forward P/E Ratio6.60
P/E Growth0.62
Sales & Book Value
Annual Sales$1.26 billion
Price / Sales0.74
Cash Flow$5.0793 per share
Price / Cash Flow8.07
Book Value$22.53 per share
Price / Book1.82
Profitability
EPS (Most Recent Fiscal Year)$4.73
Net Income$113.30 million
Net Margins9.99%
Return on Equity27.08%
Return on Assets12.40%
Miscellaneous
Employees726
Outstanding Shares22,720,000
Market Cap$962.30 million
OptionableOptionable
LGI Homes (NASDAQ:LGIH) Frequently Asked Questions
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) issued its quarterly earnings data on Tuesday, November, 6th. The financial services provider reported $1.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.49 by $0.03. The financial services provider earned $380.37 million during the quarter, compared to analyst estimates of $378.96 million. LGI Homes had a return on equity of 27.08% and a net margin of 9.99%. LGI Homes's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.40 earnings per share. View LGI Homes' Earnings History.
When is LGI Homes' next earnings date?
What guidance has LGI Homes issued on next quarter's earnings?
LGI Homes issued an update on its FY18 earnings guidance on Tuesday, November, 6th. The company provided earnings per share (EPS) guidance of $6.50-7.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.45. LGI Homes also updated its FY 2018 guidance to $6.50-7.25 EPS.
What price target have analysts set for LGIH?
4 brokerages have issued 1-year price objectives for LGI Homes' shares. Their forecasts range from $44.00 to $60.00. On average, they expect LGI Homes' stock price to reach $54.3750 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price. View Analyst Price Targets for LGI Homes.
What is the consensus analysts' recommendation for LGI Homes?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LGI Homes.
Has LGI Homes been receiving favorable news coverage?
Press coverage about LGIH stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LGI Homes earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the company's share price in the immediate future.
Who are some of LGI Homes' key competitors?
Some companies that are related to LGI Homes include Taylor Morrison Home (TMHC), KB Home (KBH), TRI Pointe Group (TPH), M.D.C. (MDC), Meritage Homes (MTH), M/I Homes (MHO), Century Communities (CCS), William Lyon Homes (WLH), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM), Comstock Holding Companies (CHCI) and AV Homes (AVHI).
Who are LGI Homes' key executives?
LGI Homes' management team includes the folowing people:
- Mr. Eric Thomas Lipar, Chairman & CEO (Age 47)
- Mr. Michael Larry Snider, Pres & COO (Age 47)
- Mr. Charles Michael Merdian, CFO & Treasurer (Age 48)
- Ms. Rachel Lyons Eaton, Chief Marketing Officer (Age 36)
- Mr. Jack Anthony Lipar, Exec. VP of Acquisitions (Age 49)
Who are LGI Homes' major shareholders?
LGI Homes' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.55%), FMR LLC (7.47%), Gilder Gagnon Howe & Co. LLC (7.21%), Epoch Investment Partners Inc. (6.51%), Frontier Capital Management Co. LLC (5.49%) and Wasatch Advisors Inc. (5.16%). 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 and Ryan Edone. View Institutional Ownership Trends for LGI Homes.
Which institutional investors are selling LGI Homes stock?
LGIH stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Hodges Capital Management Inc., Bank of New York Mellon Corp, AXA, Great Lakes Advisors LLC, GSA Capital Partners LLP, AQR Capital Management LLC and Grandeur Peak Global Advisors LLC. Company insiders that have sold LGI Homes company stock in the last year include Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Margaret Mary Britton, Michael Larry Snider and Rachel Lyons Eaton. View Insider Buying and Selling for LGI Homes.
Which institutional investors are buying LGI Homes stock?
LGIH stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, FMR LLC, Epoch Investment Partners Inc., Russell Investments Group Ltd., BlackRock Inc., Marshall Wace LLP, Prudential Financial Inc. and Morgan Stanley. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is LGI Homes' stock price today?
One share of LGIH stock can currently be purchased for approximately $40.99.
How big of a company is LGI Homes?
LGI Homes has a market capitalization of $962.30 million and generates $1.26 billion in revenue each year. The financial services provider earns $113.30 million in net income (profit) each year or $4.73 on an earnings per share basis. LGI Homes employs 726 workers across the globe.
What is LGI Homes' official website?
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]
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 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.
