LGI Homes, Inc. (LGIH)

NASDAQ: LGIH · IEX Real-Time Price · USD
112.27
+0.25 (0.22%)
Aug 12, 2022 4:00 PM EDT - Market closed
0.22%
Market Cap 2.61B
Revenue (ttm) 2.82B
Net Income (ttm) 413.92M
Shares Out 23.27M
EPS (ttm) 16.85
PE Ratio 6.66
Forward PE 7.10
Dividend n/a
Ex-Dividend Date n/a
Volume 130,087
Open 112.22
Previous Close 112.02
Day's Range 110.90 - 113.91
52-Week Range 71.73 - 165.25
Beta 1.57
Analysts Sell
Price Target 103.02 (-8.2%)
Earnings Date Aug 2, 2022

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 companies looking to acquire single-family rental properties. As of December 31, 2021, it owned 101 communities. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, So... [Read more...]

Industry Household Durables
IPO Date Nov 7, 2013
CEO Eric Lipar
Employees 900
Stock Exchange NASDAQ
Ticker Symbol LGIH
Full Company Profile

Financial Performance

In 2021, LGI Homes's revenue was $3.05 billion, an increase of 28.81% compared to the previous year's $2.37 billion. Earnings were $429.65 million, an increase of 32.65%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LGIH stock is "Sell." The 12-month stock price forecast is 103.02, which is a decrease of -8.24% from the latest price.

Price Target
$103.02
(-8.24% downside)
Analyst Consensus: Sell
Stock Forecasts

News

This Homebuilder Stock Is Poised to Ride Out a Recession

Looking for a recession-proof real estate stock? Look no further than LGI Homes.

LGI Homes Reports July 2022 Home Closings

THE WOODLANDS, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 469 homes in July 2022.

LGI Homes (LGIH) Q2 Earnings Top Estimates

LGI Homes (LGIH) delivered earnings and revenue surprises of 16.33% and 0.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

LGI Homes Reports Second Quarter 2022 Results, Including Record Setting Profitability, and Updates Full Year 2022 Gui...

THE WOODLANDS, Texas, Aug. 02, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter 2022 and the six months ended June 30, 2022.

LGI Homes Announces Further Expansion Into the Charlotte Market

CHARLOTTE, N.C., July 29, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq: LGIH) announced further expansion into the Charlotte market with the opening of its newest community, Colonial Crossing.

Earnings Preview: LGI Homes (LGIH) Q2 Earnings Expected to Decline

LGI Homes (LGIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LGI Homes Opens New Community in the Atlanta Market

Meadows Farm features one- and two-story, new-construction homes from the low-$300s Meadows Farm features one- and two-story, new-construction homes from the low-$300s

LGI Homes Opens New Community North of Seattle

Gilman Walk features upgraded townhomes and riverside amenities in Arlington, Wash. Gilman Walk features upgraded townhomes and riverside amenities in Arlington, Wash.

3 Unstoppable Real Estate Stocks to Buy Hand Over Fist

These REITs are trading at discounted levels and have tremendous long-term potential.

Other symbols: DLREQR

LGI Homes Reports June and Second Quarter Home Closings and Announces Date for Second Quarter Earnings Conference Call

THE WOODLANDS, Texas, July 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 627 homes in June 2022, resulting in a total of 2,027 homes closed during the second quar...

Get Ready for Gains in the 10-Year Housing Market Boom

Today's housing market was hot for entirely different reasons than it was in 2004-05. And it's cooling off for different reasons, too.

Other symbols: KBHLENNFLXPHMPTONTOLZM

LGI Homes Celebrates National Homeownership Month

THE WOODLANDS, Texas, June 24, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc (NASDAQ: LGIH) is proud to celebrate the dream of homeownership through National Homeownership Month.

Terrata Homes Is Now Selling New Homes Within the Popular Austin, Texas Community, The Colony

New, Single-Family Homes at The Colony are Priced from the Mid-$400s

LGI Homes Introduces New Lineup of Single-Family Homes at Popular San Antonio Community, Luckey Ranch

New, Move-in Ready Homes are Available at Luckey Ranch, Priced from the $280s

LGI Homes Expands Denver Footprint with New Community in Brighton

Pierson Park offers spacious, new-construction homes from the $500s Pierson Park offers spacious, new-construction homes from the $500s

Homebuilding companies' revenue growth will fall to 2-4% in 2023, says CFRA's Kenneth Leon

Kenneth Leon, CFRA research director on housing, joins 'The Exchange' to discuss homebuilding companies and the housing market decline.

Other symbols: ITBPHMREMTMHCTOLXHB

LGI Homes Opens New Community in the Albuquerque Market

Jardin De Belen features one-story, new-construction homes from the $280s Jardin De Belen features one-story, new-construction homes from the $280s

LGI Homes Announces the Grand Opening of Logan Square in the Dallas-Fort Worth Market

Logan Square Features Stunning, New Homes in Fort Worth Priced from the $290s Logan Square Features Stunning, New Homes in Fort Worth Priced from the $290s

LGI Homes Opens Within Established Houston, Texas Community

New homes now available from the $340s at Wedgewood Forest, a Land Tejas Community New homes now available from the $340s at Wedgewood Forest, a Land Tejas Community

LGI Homes opens first community in the state of Maryland

Claggetts Mill offers single-family homes, a community park and commuter access to both Baltimore and Washington D.C. Claggetts Mill offers single-family homes, a community park and commuter access to b...

LGI Homes Reports May 2022 Home Closings

THE WOODLANDS, Texas, June 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 697 homes in May 2022.

Wall Street Analysts Think LGI Homes (LGIH) Could Surge 28%: Read This Before Placing a Bet

The mean of analysts' price targets for LGI Homes (LGIH) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts...

Wall Street Analysts Think LGI Homes (LGIH) Could Surge 55%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 55% in LGI Homes (LGIH). While the effectiveness of this highly sought-after metric is questionable, the positive...

LGI Homes Reports April 2022 Home Closings

THE WOODLANDS, Texas, May 04, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 703 homes in April 2022.

LGI Homes (LGIH) Q1 Earnings and Revenues Top Estimates

LGI Homes (LGIH) delivered earnings and revenue surprises of 22.64% and 5.17%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?