LGI Homes, Inc. engages in the design, construction, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, Tennessee, and Minnesota markets. 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
SymbolNASDAQ:LGIH
CUSIPN/A
Phone281-362-8998
Debt
Debt-to-Equity Ratio1.10
Current Ratio14.21
Quick Ratio1.24
Price-To-Earnings
Trailing P/E Ratio12.67
Forward P/E Ratio9.32
P/E Growth0.87
Sales & Book Value
Annual Sales$1.26 billion
Price / Sales1.08
Cash Flow$5.0944 per share
Price / Cash11.76
Book Value$22.53 per share
Price / Book2.66
Profitability
EPS (Most Recent Fiscal Year)$4.73
Net Income$113.30 million
Net Margins9.38%
Return on Equity27.68%
Return on Assets12.25%
Miscellaneous
Employees726
Outstanding Shares22,610,000
Market Cap$1,396.26
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 results on Tuesday, May, 8th. The financial services provider reported $1.10 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.33. The financial services provider had revenue of $279 million for the quarter, compared to analyst estimates of $271.68 million. LGI Homes had a net margin of 9.38% and a return on equity of 27.68%. LGI Homes's quarterly revenue was up 71.3% compared to the same quarter last year. During the same period last year, the company posted $0.52 EPS. View LGI Homes' Earnings History.
What guidance has LGI Homes issued on next quarter's earnings?
LGI Homes updated its FY18 earnings guidance on Tuesday, May, 8th. The company provided EPS guidance of $6.00-7.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.29.
What price target have analysts set for LGIH?
4 brokerages have issued 12 month target prices for LGI Homes' stock. Their predictions range from $49.00 to $68.00. On average, they expect LGI Homes' share price to reach $59.25 in the next year. This suggests that the stock has a possible downside of 1.1%. View Analyst Ratings 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."
Who are some of LGI Homes' key competitors?
Some companies that are related to LGI Homes include TRI Pointe Group (TPH), Taylor Morrison Home (TMHC), KB Home (KBH), Meritage Homes (MTH), M.D.C. (MDC), Century Communities (CCS), William Lyon Homes (WLH), M/I Homes (MHO), Beazer Homes USA (BZH), Green Brick Partners (GRBK), AV Homes (AVHI), Hovnanian Enterprises, Inc. Class A (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).
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)
Has LGI Homes been receiving favorable news coverage?
News coverage about LGIH stock has been trending somewhat negative recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LGI Homes earned a daily sentiment score of -0.02 on Accern's scale. They also gave news stories about the financial services provider an impact score of 47.17 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are LGI Homes' major shareholders?
LGI Homes' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (2.17%), James Investment Research Inc. (0.31%), Moon Capital Management LLC (0.23%), Municipal Employees Retirement System of Michigan (0.06%), Manning & Napier Group LLC (0.05%) and Creative Planning (0.02%). 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 Hennessy Advisors Inc., James Investment Research Inc. and Municipal Employees Retirement System of Michigan. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, 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 $59.91.
How big of a company is LGI Homes?
LGI Homes has a market capitalization of $1.40 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.
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.
