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
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 Ratio12.06
Forward P/E Ratio8.84
P/E Growth0.8
Sales & Book Value
Annual Sales$1.26 billion
Price / Sales1.03
Cash Flow$5.2475 per share
Price / Cash10.87
Book Value$22.53 per share
Price / Book2.53
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
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) announced its earnings results on Tuesday, May, 8th. The financial services provider reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.33. The financial services provider earned $279 million during the quarter, compared to analysts' expectations of $271.68 million. LGI Homes had a net margin of 9.38% and a return on equity of 27.68%. The business's revenue was up 71.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 earnings per share. 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 earnings per share (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 Wall Street analysts have issued 1-year price targets for LGI Homes' shares. Their forecasts range from $49.00 to $73.00. On average, they expect LGI Homes' share price to reach $61.25 in the next year. View Analyst Ratings for LGI Homes.
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), Green Brick Partners (GRBK), Beazer Homes USA (BZH), AV Homes (AVHI), Hovnanian Enterprises (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?
Press coverage about LGIH stock has been trending positive on Wednesday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. LGI Homes earned a news sentiment score of 0.43 on Accern's scale. They also gave media stories about the financial services provider an impact score of 48.26 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact 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 shareholders include BlackRock Inc. (11.62%), Epoch Investment Partners Inc. (4.52%), Wasatch Advisors Inc. (3.89%), Frontier Capital Management Co. LLC (2.86%), Hennessy Advisors Inc. (2.25%) and Neumeier Poma Investment Counsel LLC (1.48%). 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 Frontier Capital Management Co. LLC, JPMorgan Chase & Co., Heartland Advisors Inc., Neumeier Poma Investment Counsel LLC, Gratia Capital LLC, Alambic Investment Management L.P., Redwood Investments LLC and UBS Group AG. 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?
LGIH stock was purchased by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Wasatch Advisors Inc., Robeco Institutional Asset Management B.V., Penserra Capital Management LLC, Victory Capital Management Inc., Pier Capital LLC, Harvest Capital Strategies LLC and D.C. Capital Advisors Ltd. 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 $57.04.
How big of a company is LGI Homes?
LGI Homes has a market capitalization of $1.29 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 (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.
