LGI Homes, Inc. (LGIH)

NASDAQ: LGIH · IEX Real-Time Price · USD
107.23
+5.78 (5.70%)
At close: May 15, 2024, 4:00 PM
107.97
+0.74 (0.69%)
After-hours: May 15, 2024, 6:58 PM EDT
5.70%
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]

IPO Date Nov 7, 2013
Employees 1,089
Stock Exchange NASDAQ
Ticker Symbol LGIH
Full Company Profile

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 Statements

Analyst 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.

Price Target
$124.75
(16.34% upside)
Analyst Consensus: Hold
Stock Forecasts

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.

12 hours ago - GlobeNewsWire

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...

Other symbols: NVRCCSGRBKTPH
7 days ago - Market Watch

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.

7 days ago - GlobeNewsWire

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.

8 days ago - GlobeNewsWire

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.

12 days ago - GlobeNewsWire

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.

12 days ago - GlobeNewsWire

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.

14 days ago - GlobeNewsWire

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.

15 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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,...

Other symbols: CCSDHILENMTH
6 weeks ago - Investopedia

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...

6 weeks ago - GlobeNewsWire

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 ...

7 weeks ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

Other symbols: MASEVBGVRNSVVX
3 months ago - Benzinga

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...

3 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire