NASDAQ:LGIHLGI Homes Stock Price, Forecast & News

$89.16

-1.50 (-1.65 %)

(As of 06/4/2020 11:10 AM ET)

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Today's Range

$86.52

Now: $89.16▼

$89.16

50-Day Range

$45.26

MA: $65.99▼

$88.49

52-Week Range

$33.00

Now: $89.16▼

$95.72

Volume3,510 shs

Average Volume412,514 shs

Market Capitalization$2.24 billion

P/E Ratio11.23

Dividend YieldN/A

Beta1.31

LGI Homes, Inc. engages in the design, construction, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, North Carolina, South Carolina, Colorado, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, and Nevada. It offers entry-level homes, such as detached homes and townhomes, and move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. As of December 31, 2018, it owned 83 communities under the LGI Homes brand name; and 5 under the Terrata Homes brand name. 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 2 buy ratings, 1 hold rating, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $61.20, LGI Homes has a potential downside of 31.4% from its current price of $89.16.
Amount of Analyst Coverage
LGI Homes has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
LGI Homes has received 406 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LGI Homes has received 409 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LGI Homes has received 50.18% “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.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LGI Homes insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 12.00% of the stock of LGI Homes is held by insiders.
Percentage Held by Institutions
88.06% 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 9.81% in the coming year, from $7.34 to $8.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LGI Homes is 11.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of LGI Homes is 11.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.84.
Price to Book Value per Share Ratio
LGI Homes has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.28 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

Debt

Debt-to-Equity Ratio0.87

Current Ratio14.65

Quick Ratio1.76

Price-To-Earnings

Trailing P/E Ratio11.23

Forward P/E Ratio12.15

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.84 billion

Price / Sales1.22

Cash Flow$8.04 per share

Price / Cash Flow11.09

Book Value$36.83 per share

Price / Book2.42

Profitability

EPS (Most Recent Fiscal Year)$7.02

Net Income$178.61 million

Net Margins10.13%

Return on Equity25.33%

Return on Assets12.48%

Miscellaneous

Employees857

Outstanding Shares25,070,000

Market Cap$2.24 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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LGI Homes (NASDAQ:LGIH) Frequently Asked Questions

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

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LGIH stock has increased by 29.3% and is now trading at $89.16. View which stocks have been most impacted by Coronavirus.

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 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for LGI Homes.

When is LGI Homes' next earnings date?

LGI Homes is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for LGI Homes.

How were LGI Homes' earnings last quarter?

LGI Homes Inc (NASDAQ:LGIH) released its quarterly earnings data on Tuesday, May, 5th. The financial services provider reported $1.67 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.23 by $0.44. The financial services provider had revenue of $454.70 million for the quarter, compared to the consensus estimate of $399.39 million. LGI Homes had a net margin of 10.13% and a return on equity of 25.33%. LGI Homes's quarterly revenue was up 58.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. View LGI Homes' earnings history.

What price target have analysts set for LGIH?

5 brokerages have issued 1 year target prices for LGI Homes' stock. Their forecasts range from $39.00 to $89.00. On average, they anticipate LGI Homes' stock price to reach $61.20 in the next twelve months. This suggests that the stock has a possible downside of 31.4%. View analysts' price targets for LGI Homes.

Has LGI Homes been receiving favorable news coverage?

News headlines about LGIH stock have been trending extremely positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. LGI Homes earned a news impact score of 5.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutLGI Homes.

Are investors shorting LGI Homes?

LGI Homes saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,810,000 shares, an increase of 6.4% from the April 30th total of 2,640,000 shares. Based on an average daily volume of 523,800 shares, the days-to-cover ratio is currently 5.4 days. Currently, 13.3% of the company's stock are short sold. View LGI Homes' Current Options Chain.

Who are some of LGI Homes' key competitors?

Some companies that are related to LGI Homes include Toll Brothers (TOL), KB Home (KBH), Meritage Homes (MTH), Taylor Morrison Home (TMHC), M.D.C. (MDC), TRI Pointe Group (TPH), M/I Homes (MHO), Century Communities (CCS), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI). 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), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), NVIDIA (NVDA), Walt Disney (DIS) and Alibaba Group (BABA).

Who are LGI Homes' key executives?

LGI Homes' management team includes the following people:

Mr. Eric Thomas Lipar, Chairman & CEO (Age 48)
Mr. Michael Larry Snider, Pres & COO (Age 48)
Mr. Charles Michael Merdian, CFO & Treasurer (Age 49)
Ms. Rachel Lyons Eaton, Chief Marketing Officer (Age 37)
Mr. Jack Anthony Lipar, Exec. VP of Acquisitions (Age 50)

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.12%), Wasatch Advisors Inc. (8.59%), Altshuler Shaham Ltd (4.56%), State Street Corp (3.04%), Lord Abbett & CO. LLC (2.80%) and Neumeier Poma Investment Counsel LLC (2.11%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, 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 institutional investors are selling LGI Homes stock?

LGIH stock was sold by a variety of institutional investors in the last quarter, including D.C. Capital Advisors Ltd, Frontier Capital Management Co. LLC, Morgan Stanley, Morgan Stanley, UBS Group AG, Deutsche Bank AG, First Trust Advisors LP, and Nuveen Asset Management LLC. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Eric Thomas Lipar, Ryan Edone, and Steven Randal Smith. View insider buying and selling activity for LGI Homes.

Which institutional investors are buying LGI Homes stock?

LGIH stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Driehaus Capital Management LLC, BlackRock Inc., CDAM UK Ltd, Hodges Capital Management Inc., State Street Corp, Altshuler Shaham Ltd, and JPMorgan Chase & Co.. 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 $89.16.

How big of a company is LGI Homes?

LGI Homes has a market capitalization of $2.24 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 857 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 6/4/2020 by MarketBeat.com Staff