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
Industry Operative builders
Sub-IndustryN/A
SectorFinance
Phone281-362-8998
Debt
Current Ratio13.89
Quick Ratio1.21
Price-To-Earnings
Sales & Book Value
Annual Sales$1.26 billion
Price / Sales1.01
Price / Cash Flow10.69
Price / Book2.49
Profitability
Net Income$113.30 million
Net Margins9.99%
Return on Assets12.40%
Miscellaneous
Employees726
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) released its earnings results on Tuesday, November, 6th. The financial services provider reported $1.52 earnings per share (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 net margin of 9.99% and a return on equity of 27.08%. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.40 EPS. View LGI Homes' Earnings History.
When is LGI Homes' next earnings date?
How can I listen to LGI Homes' earnings call?
LGI Homes will be holding an earnings conference call on Tuesday, February 26th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8554330929.
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 guidance of $6.50-7.25 for the period, compared to the Thomson Reuters consensus EPS 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 12-month price objectives for LGI Homes' stock. Their forecasts range from $44.00 to $60.00. On average, they anticipate LGI Homes' share price to reach $54.3750 in the next year. This suggests that the stock has a possible downside of 3.1%. 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 1 hold rating and 3 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?
Media headlines about LGIH stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing 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 closest to five being the most favorable. LGI Homes earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.
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), New Home (NWHM), Hovnanian Enterprises (HOV), 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 Scout Investments Inc. (0.27%), Moon Capital Management LLC (0.25%), Louisiana State Employees Retirement System (0.03%) and State of Alaska Department of Revenue (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 and Ryan Edone. 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 Louisiana State Employees Retirement System and Scout Investments Inc.. 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 major investors are buying LGI Homes stock?
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 $56.13.
How big of a company is LGI Homes?
LGI Homes has a market capitalization of $1.27 billion 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.
