NASDAQ:LGIH

LGI Homes Stock Forecast, Price & News

$107.89

-2.31 (-2.10 %)

(As of 09/25/2020 12:00 AM ET)

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Today's Range

$106.13

Now: $107.89▼

$109.63

50-Day Range

$104.97

MA: $112.14▼

$122.91

52-Week Range

$33.00

Now: $107.89▼

$123.94

Volume164,356 shs

Average Volume390,449 shs

Market Capitalization$2.71 billion

P/E Ratio12.95

Dividend YieldN/A

Beta1.59

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^™

1.1 Analyst's Opinion

Consensus Rating
LGI Homes has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $94.90, LGI Homes has a forecasted downside of 12.0% from its current price of $107.89.
Amount of Analyst Coverage
LGI Homes has only been the subject of 3 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
LGI Homes has received 412 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LGI Homes has received 422 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LGI Homes has received 50.60% “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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,948,007.00 in company stock.
Percentage Held by Insiders
Only 12.00% of the stock of LGI Homes is held by insiders.
Percentage Held by Institutions
89.88% 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 11.79% in the coming year, from $9.16 to $10.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LGI Homes is 12.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of LGI Homes is 12.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.
Price to Book Value per Share Ratio
LGI Homes has a P/B Ratio of 2.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.30 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 Ratio0.64

Current Ratio12.35

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio12.95

Forward P/E Ratio11.78

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.84 billion

Price / Sales1.47

Cash Flow$7.49 per share

Price / Cash Flow14.40

Book Value$36.83 per share

Price / Book2.93

Profitability

EPS (Most Recent Fiscal Year)$7.02

Net Income$178.61 million

Net Margins10.50%

Return on Equity25.02%

Return on Assets12.78%

Miscellaneous

Employees857

Outstanding Shares25,089,000

Market Cap$2.71 billion

Next Earnings Date11/3/2020 (Estimated)

OptionableOptionable

$107.89

-2.31 (-2.10 %)

(As of 09/25/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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LGI Homes (NASDAQ:LGIH) Frequently Asked Questions

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

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LGIH stock has increased by 56.4% and is now trading at $107.89.
View which stocks have been most impacted by COVID-19.

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 4 hold ratings and 1 buy rating 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, November 3rd 2020.
View our earnings forecast for LGI Homes.

How were LGI Homes' earnings last quarter?

LGI Homes Inc (NASDAQ:LGIH) posted its quarterly earnings results on Tuesday, August, 4th. The financial services provider reported $2.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.49 by $0.72. The financial services provider earned $481.60 million during the quarter, compared to analyst estimates of $474.10 million. LGI Homes had a net margin of 10.50% and a return on equity of 25.02%. The firm's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.82 EPS.
View LGI Homes' earnings history.

What price target have analysts set for LGIH?

5 analysts have issued twelve-month price objectives for LGI Homes' shares. Their forecasts range from $50.00 to $122.00. On average, they anticipate LGI Homes' stock price to reach $94.90 in the next year. This suggests that the stock has a possible downside of 12.0%.
View analysts' price targets for LGI Homes.

Are investors shorting LGI Homes?

LGI Homes saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,340,000 shares, a decline of 17.3% from the July 30th total of 2,830,000 shares. Based on an average trading volume of 337,400 shares, the days-to-cover ratio is currently 6.9 days. Currently, 10.6% of the shares of the company are short sold.
View LGI Homes' Short Interest.

Who are some of LGI Homes' key competitors?

Some companies that are related to LGI Homes include Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), Taylor Morrison Home (TMHC), M.D.C. (MDC), TRI Pointe Group (TPH), Century Communities (CCS), M/I Homes (MHO), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM) and Harbor Custom Development (HCDI).
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), Micron Technology (MU), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Home Depot (HD), NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS) and Advanced Micro Devices (AMD).

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 institutional and retail investors. Top institutional investors include FMR LLC (6.56%), Vanguard Group Inc. (5.67%), Gilder Gagnon Howe & Co. LLC (4.47%), Frontier Capital Management Co. LLC (1.86%), Epoch Investment Partners Inc. (1.01%) and Driehaus Capital Management LLC (0.71%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Duncan S Gage, 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 major investors are selling LGI Homes stock?

LGIH stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Gilder Gagnon Howe & Co. LLC, James Investment Research Inc., FMR LLC, Bank of America Corp DE, Holocene Advisors LP, Sei Investments Co., and Crown Advisors Management Inc.. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Duncan S Gage, Eric Thomas Lipar, Michael Larry Snider, Ryan Edone, and Steven Randal Smith.
View insider buying and selling activity for LGI Homes.

Which major investors are buying LGI Homes stock?

LGIH stock was purchased by a variety of institutional investors in the last quarter, including Sara Bay Financial, Vanguard Group Inc., Goldman Sachs Group Inc., Man Group plc, Driehaus Capital Management LLC, Calamos Advisors LLC, Crystal Rock Capital Management, and PDT Partners LLC.
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 $107.89.

How big of a company is LGI Homes?

LGI Homes has a market capitalization of $2.71 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 9/27/2020 by MarketBeat.com Staff

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