LGI Homes, Inc. (LGIH)

NASDAQ: LGIH · Real-Time Price · USD
77.80
-2.68 (-3.33%)
Feb 21, 2025, 4:00 PM EST - Market closed
-3.33%
Market Cap 1.83B
Revenue (ttm) 2.25B
Net Income (ttm) 197.29M
Shares Out 23.51M
EPS (ttm) 8.36
PE Ratio 9.31
Forward PE 8.37
Dividend n/a
Ex-Dividend Date n/a
Volume 362,613
Open 81.43
Previous Close 80.48
Day's Range 77.17 - 81.57
52-Week Range 77.17 - 125.83
Beta 2.03
Analysts Hold
Price Target 131.25 (+68.7%)
Earnings Date Feb 25, 2025

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 5 analysts, the average rating for LGIH stock is "Hold." The 12-month stock price forecast is $131.25, which is an increase of 68.70% from the latest price.

Price Target
$131.25
(68.70% upside)
Analyst Consensus: Hold
Stock Forecasts

News

LGI Homes Opens Two New Communities in the Atlanta Market

ATLANTA, Feb. 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced the recent opening of two exceptional new communities in the northeast Atlanta area: Lake Preserve at Jackson Trail ...

17 hours ago - GlobeNewsWire

LGI Homes Opens New Section at Homestead Estates in Elgin, Texas

AUSTIN, Texas, Feb. 19, 2025 (GLOBE NEWSWIRE) -- LGI Homes is excited to announce the grand opening of a new section at Homestead Estates, an incredible community located in Elgin, Texas. This new sec...

2 days ago - GlobeNewsWire

LGI Homes Opens Two Communities in the Oklahoma City Market

OKLAHOMA CITY, Feb. 17, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced the recent opening of two new communities in the Oklahoma City market: The Enclave at Creekside Village and Ho...

4 days ago - GlobeNewsWire

LGI Homes Opens New Community in Riverside

SAN JACINTO, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the grand opening of Esplanade, a brand-new community in the rapidly expanding city of San Jacinto, Cali...

9 days ago - GlobeNewsWire

LGI Homes, Inc. Reports January 2025 Home Closings

THE WOODLANDS, Texas, Feb. 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 219 homes in January 2025.

16 days ago - GlobeNewsWire

LGI Homes Reports 2024 Annual Home Closings and Sets Date for Fourth Quarter and 2024 Year End Earnings Conference Call

THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in t...

6 weeks ago - GlobeNewsWire

LGI Homes Celebrates Major Milestone with 75,000th Home Closing

THE WOODLANDS, Texas, Dec. 23, 2024 (GLOBE NEWSWIRE) -- LGI Homes Inc. (NASDAQ: LGIH) today announced the closing of the Company's 75,000th home. This significant achievement reflects the Company's un...

2 months ago - GlobeNewsWire

LGI Homes Opens Raleigh-Area Community with New Plan Lineup

MIDDLESEX, N.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Nash County, Choplin Farms, offering modern homes on half-acre to 1+ ...

2 months ago - GlobeNewsWire

LGI Homes Opens New Community in Pennsylvania

WAYNESBORO, Pa., Dec. 16, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the grand opening of Brimington Farm, a brand-new community in Waynesb...

2 months ago - GlobeNewsWire

LGI Homes: Future Remains Positive

Macro conditions and higher housing costs continue to weigh on near-term demand, keeping LGI Homes' absorption rates lower than historical. Over time, while their absorption rates may not grow much be...

2 months ago - Seeking Alpha

LGI Homes, Inc. Reports November 2024 Home Closings

THE WOODLANDS, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 531 homes in November 2024, including the bulk sale of 103 single-family rental homes.

2 months ago - GlobeNewsWire

LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2032

THE WOODLANDS, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has priced its previously announced offering (the “Offerin...

3 months ago - GlobeNewsWire

LGI Homes Announces Private Offering of $400 Million of Unsecured Senior Notes due 2032

THE WOODLANDS, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has commenced a private offering (the “Offering”) of $400 ...

3 months ago - GlobeNewsWire

LGI Homes, Inc. Reports October 2024 Home Closings

THE WOODLANDS, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 525 homes in October 2024.

3 months ago - GlobeNewsWire

LGI Homes, Inc. (LGIH) Q3 2024 Earnings Call Transcript

LGI Homes, Inc. (NASDAQ:LGIH) Q3 2024 Earnings Conference Call November 5, 2024 ET Company Participants Joshua Fattor - Executive Vice President of Investor Relations and Capital Markets Eric Lipar -...

3 months ago - Seeking Alpha

LGI Homes: Staying Firm On This Rating

I remain cautious about LGI Homes despite the promising homebuilding market, maintaining a 'hold' rating due to declining revenue, high cancellation rates, and weak net new orders. The company's profi...

4 months ago - Seeking Alpha

LGI Homes Reports September and Third Quarter 2024 Home Closings and Announces Date for Third Quarter Earnings Conference Call

THE WOODLANDS, Texas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 579 homes in September 2024, a 7.2% year-over-year increase, resulting in a total of 1,...

5 months ago - GlobeNewsWire

LGI Homes Recognized as one of the World's Most Trustworthy Companies for the Second Consecutive Year by Newsweek

THE WOODLANDS, Texas, Sept. 24, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has been named on Newsweek's list of the World's Most Trustworthy Companies 2024.

5 months ago - GlobeNewsWire

LGI Homes Launches its Largest National Sales Event of the Year

THE WOODLANDS, Texas, Sept. 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the launch of its premier “Make Your Move” National Sales Event.

5 months ago - GlobeNewsWire

These 3 Real Estate Stocks Attract Rating, Forecast Changes By Analysts

Investors buy shares in real estate companies for exposure to property with a lower outlay but the same returns.

Other symbols: CPTINVH
5 months ago - Benzinga

LGI Homes, Inc. Reports August 2024 Home Closings

THE WOODLANDS, Texas, Sept. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 610 homes in August 2024.

6 months ago - GlobeNewsWire

LGI Homes Opens Two New Communities in the Albuquerque Market

ALBUQUERQUE, N.M., Aug. 09, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the opening of its latest communities, Villa De Marcos Gabriel and Legacy at Sierra Vista, in...

7 months ago - GlobeNewsWire

Still Neutral On LGI Homes Despite Initial Post-Earnings Excitement

LGI Homes saw a 13.8% post-earnings surge despite a significant reduction in home closings guidance. LGIH's ability to raise margins and prices likely dominated sentiment. However, I remain neutral as...

7 months ago - Seeking Alpha

LGI Homes, Inc. Reports July 2024 Home Closings

THE WOODLANDS, Texas, Aug. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 568 homes in July 2024.

7 months ago - GlobeNewsWire

LGI Homes, Inc. (LGIH) Q2 2024 Earnings Call Transcript

LGI Homes, Inc. (NASDAQ:LGIH) Q2 2024 Earnings Conference Call July 30, 2024 12:30 PM ET Company Participants Joshua Fattor - IR Eric Lipar - Chairman & CEO Charles Merdian - CFO & Treasurer Conferen...

7 months ago - Seeking Alpha