LGI Homes, Inc. (LGIH)
Market Cap | 2.53B |
Revenue (ttm) | 2.26B |
Net Income (ttm) | 189.32M |
Shares Out | 23.57M |
EPS (ttm) | 8.02 |
PE Ratio | 13.31 |
Forward PE | 10.79 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 161,600 |
Open | 103.92 |
Previous Close | 101.45 |
Day's Range | 103.50 - 107.54 |
52-Week Range | 84.16 - 141.91 |
Beta | 1.86 |
Analysts | Hold |
Price Target | 124.75 (+16.34%) |
Earnings Date | Apr 30, 2024 |
About LGIH
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. It serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Okl... [Read more]
Financial Performance
In 2023, LGI Homes's revenue was $2.36 billion, an increase of 2.35% compared to the previous year's $2.30 billion. Earnings were $199.23 million, a decrease of -38.99%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for LGIH stock is "Hold." The 12-month stock price forecast is $124.75, which is an increase of 16.34% from the latest price.
News
LGI Homes Announces its Newest Community in the Riverside Market
INDIO, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Riverside, California market, Northgate.
Home builders' stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
Back in October, we published a list of 17 home-builder stocks and showed that the group was trading cheaply on a forward price-to-earnings basis when compared with the S&P 500, and also when compared...
LGI Homes Announces its Second Community in the Modesto Market
RIVERBANK, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its second community in the Modesto, California, market, Diamond Bar East.
LGI Homes Opens a New Section at Morningstar Ranch in the Bakersfield Market
BAKERSFIELD, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of a new section at Morningstar Ranch, its first community in Bakersfield.
LGI Homes, Inc. Reports April 2024 Home Closings
THE WOODLANDS, Texas, May 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 505 homes in April 2024.
LGI Homes Opens New Community North of Seattle in Marysville
MARYSVILLE, Wash., May 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of The Village at Whiskey Ridge, a new community located in Marysville, Washington.
LGI Homes Offers First Built Green Certified Homes in Tacoma, Washington
TACOMA, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community, in Tacoma, Washington.
LGI Homes Reports First Quarter 2024 Results
THE WOODLANDS, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the three months ended March 31, 2024.
LGI Homes Reports March and First Quarter 2024 Home Closings and Announces Date for First Quarter Earnings Conference Call
THE WOODLANDS, Texas, April 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 482 homes in March 2024. The Company closed 1,083 homes during the first quarter of 20...
Homebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price Drop
A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation,...
LGI Homes Named a Top Workplace for the Fourth Consecutive Year
THE WOODLANDS, Texas, April 02, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH), one of the nation's largest and most recognized homebuilders, announced today that it received the 2024 Top Wor...
LGI Homes Awarded Prestigious 2-10 Home Buyers Warranty Platinum Builder Award for Outstanding Leadership in New Construction
THE WOODLANDS, Texas, March 27, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH), one of the nation's largest and most recognized homebuilders, announced today that they have been awarded the ...
LGI Homes, Inc. Reports February 2024 Home Closings
THE WOODLANDS, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 376 homes in February 2024.
Terrata Homes Expands Presence with A New Community in Seattle
SEATTLE, March 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes, the company's luxury brand, is now selling homes in its newest community in the Seattle, Washington ...
LGI Homes Introduces its Newest Community in the Atlanta Market
ATLANTA, March 01, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced its newest community in the Atlanta market, Bold Springs Farm, offering gorgeous new-construction homes in an...
LGI Homes Opens New Community in the Raleigh Market
OXFORD, N.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the opening of The Meadows at Oxford, a new community offering brand-new, single-family homes in histor...
LGI Homes Announces its First Community in the Modesto Market
NEWMAN, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its first community in the Modesto, California market, Mattos Ranch.
LGI Homes, Inc. Reports Fourth Quarter and Full Year 2023 Results and Issues Guidance for 2024
THE WOODLANDS, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the fourth quarter and year ended December 31, 2023.
Terrata Homes Continues Growth in Tampa Market with the Opening of Southern Hills
BROOKSVILLE, Fla., Feb. 13, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) has announced further expansion of Terrata Homes into the Tampa market with the opening of Southern Hills, an incred...
This Analyst With 87% Accuracy Rate Sees Around 12% Upside In Masco - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Masco (NYSE:MAS)
U.S. stocks closed mostly higher on Friday, while the S&P 500 closed above the 5,000 mark for the first time. For the week, all three indices recorded their fifth consecutive weekly gain with the S&P ...
LGI Homes Unveils Whisper Ridge, a New Community Near Jacksonville
JACKSONVILLE, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) a nationally recognized homebuilder, proudly announces the grand opening of Whisper Ridge, an idyllic community nes...
LGI Homes, Inc. Reports January 2024 Home Closings
THE WOODLANDS, Texas, Feb. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 225 homes in January 2024.
LGI Homes Opens in Star Valley, a Master-Planned Community in Tucson
TUCSON, Ariz., Feb. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH), a renowned builder of quality new-construction homes, proudly announced the grand opening of Star Valley, its latest co...
LGI Homes Introduces New Community in Denver Market
STRASBURG, Colo., Feb. 01, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc (NASDAQ LGIH) announces the opening of its newest community, Wolf Creek Run, in the charming town of Strasburg, CO.
LGI Homes Delivers Annual Home Closings and Sets Date for Fourth Quarter and 2023 Year End Earnings Conference Call
THE WOODLANDS, Texas, Jan. 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 676 homes in December 2023 compared to 504 homes in December 2022, representing year-ov...