LGI Homes, Inc. (LGIH)

NASDAQ: LGIH · IEX Real-Time Price · USD
88.99
+0.18 (0.20%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.20%
Market Cap 2.10B
Revenue (ttm) 2.26B
Net Income (ttm) 189.32M
Shares Out 23.57M
EPS (ttm) 8.02
PE Ratio 11.10
Forward PE 8.92
Dividend n/a
Ex-Dividend Date n/a
Volume 389,762
Open 88.35
Previous Close 88.81
Day's Range 87.88 - 89.32
52-Week Range 84.16 - 141.91
Beta 1.91
Analysts Hold
Price Target 124.75 (+40.18%)
Earnings Date Jul 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 40.18% from the latest price.

Price Target
$124.75
(40.18% upside)
Analyst Consensus: Hold
Stock Forecasts

News

LGI Homes Opens New Community in the Atlanta Area

ATLANTA, June 21, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced its newest community in the Atlanta market, Conners Landing at Mirror Lake , located in the charming town of Villa R...

11 days ago - GlobeNewsWire

LGI Homes Announces its Newest Community in Jacksonville, Florida

JACKSONVILLE, Fla., June 19, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today introduced its newest community in the Jacksonville market, Westport Landing.

13 days ago - GlobeNewsWire

LGI Homes Opens New Community in San Antonio Market

SAN ANTONIO, Texas, June 10, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the commencement of sales in Lytle, Texas at the new Rosewood Estates community. Located just minut...

22 days ago - GlobeNewsWire

LGI Homes Celebrates National Homeownership Month

THE WOODLANDS, Texas, June 07, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) commemorates National Homeownership Month. Since 2003, LGI Homes has recognized National Homeownership Month ever...

25 days ago - GlobeNewsWire

LGI Homes, Inc. Reports May 2024 Home Closings

THE WOODLANDS, Texas, June 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 579 homes in May 2024.

27 days ago - GlobeNewsWire

LGI Homes Commemorates Annual Service Impact Day and Celebrates Employee Volunteerism

THE WOODLANDS, Texas, May 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the success of Service Impact Day 2024. During this special event, every LGI Homes employee t...

6 weeks ago - GlobeNewsWire

LGI Homes Announces the Grand Opening of Cambridge Cove, A New Community North of Minneapolis

CAMBRIDGE, Minn., May 17, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Cambridge Cove, a new single-family home community located north of Minneapolis i...

6 weeks ago - GlobeNewsWire

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.

6 weeks 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 weeks 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 weeks 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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...

3 months 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
3 months 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...

3 months 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 ...

3 months 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.

4 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 ...

4 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...

4 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...

4 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.

4 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.

4 months ago - GlobeNewsWire