LGI Homes, Inc. (LGIH)

NASDAQ: LGIH · IEX Real-Time Price · USD
103.16
-0.17 (-0.16%)
Sep 22, 2023, 4:00 PM EDT - Market closed
-0.16%
Market Cap 2.43B
Revenue (ttm) 2.17B
Net Income (ttm) 204.60M
Shares Out 23.55M
EPS (ttm) 8.71
PE Ratio 11.84
Forward PE 9.98
Dividend n/a
Ex-Dividend Date n/a
Volume 170,085
Open 104.54
Previous Close 103.33
Day's Range 101.64 - 104.80
52-Week Range 74.61 - 141.91
Beta 1.76
Analysts Hold
Price Target 119.00 (+15.36%)
Earnings Date Oct 31, 2023

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 institutions looking to acquire single-family rental properties. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, ... [Read more]

IPO Date Nov 7, 2013
Employees 952
Stock Exchange NASDAQ
Ticker Symbol LGIH
Full Company Profile

Financial Performance

In 2022, LGI Homes's revenue was $2.30 billion, a decrease of -24.45% compared to the previous year's $3.05 billion. Earnings were $326.57 million, a decrease of -23.99%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LGIH stock is "Hold." The 12-month stock price forecast is $119.0, which is an increase of 15.36% from the latest price.

Price Target
$119.0
(15.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

LGI Homes Commences its Premier Sales Event of the Year

Take Advantage of Move-in Ready Inventory During the Make Your Move National Sales Event Take Advantage of Move-in Ready Inventory During the Make Your Move National Sales Event

5 days ago - GlobeNewsWire

LGI Homes Expands Terrata Homes Presence with the Opening of Bella Terra in the Tampa Market

HUDSON, Fla., Sept. 18, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling its newest community in the Tampa, FL. market, Bella Terra. This brand-new neighb...

5 days ago - GlobeNewsWire

LGI Homes Named to Newsweek's Inaugural List of the World's Most Trustworthy Companies

THE WOODLANDS, Texas, Sept. 12, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has been recognized on Newsweek's inaugural list of the World's Most Trustworthy Compani...

11 days ago - GlobeNewsWire

LGI Homes, Inc. Reports August 2023 Home Closings

THE WOODLANDS, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 624 homes in August 2023, up from 504 homes closed in August 2022, representing year-o...

17 days ago - GlobeNewsWire

LGI Homes Introduces New Community in Dallas Market

GREENVILLE, Texas, Aug. 31, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc (NASDAQ: LGIH) is thrilled to announce the grand opening of its newest community, Delano Estates, located in the charming town of Gr...

23 days ago - GlobeNewsWire

LGI Homes Announces Opening of New Community in Master-Planned Community near Sacramento

SACRAMENTO, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the grand opening of Velare at Twelve Bridges, a new community located in Lincoln near exceptional school...

26 days ago - GlobeNewsWire

LGI Homes Opens New Community in the Bakersfield Market

BAKERSFIELD, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of its third community in the Bakersfield, California market, Harvest Grove. Thi...

4 weeks ago - GlobeNewsWire

LGI Homes Announces its Newest Community in the Sacramento Market

SACRAMENTO, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Sacramento, California market, Dantoni Ranch. Homeowners will...

4 weeks ago - GlobeNewsWire

LGI Homes Introduces Whitmore, a Brand-New Community in the Tacoma Market

TACOMA, Wash., Aug. 17, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Spanaway, Washington. Whitmore offers homebuyers affordable, upgraded h...

5 weeks ago - GlobeNewsWire

LGI Homes Opens New Community in the Minneapolis Market

MINNEAPOLIS, Aug. 15, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a brand-new community in the Minneapolis, Minnesota market, Summerfield.

5 weeks ago - GlobeNewsWire

LGI Homes Unveils New Community of Single-Family Homes in Gastonia, North Carolina

CHARLOTTE, N.C., Aug. 10, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is thrilled to announce the launch of its newest community, Stagecoach Station, in the Charlotte market. Showcasing an...

6 weeks ago - GlobeNewsWire

LGI Homes Introduces Colina Del Lago, a New Community in the Orlando Market

Colina Del Lago offers homes on half-acre lots adjacent to Little Lake Harris from the low-$300s Colina Del Lago offers homes on half-acre lots adjacent to Little Lake Harris from the low-$300s

6 weeks ago - GlobeNewsWire

LGI Homes, Inc. Reports July 2023 Home Closings

THE WOODLANDS, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 587 homes in July 2023.

7 weeks ago - GlobeNewsWire

LGI Homes Reports Second Quarter 2023 Results and Raises Full Year Closing and Margin Guidance

THE WOODLANDS, Texas, Aug. 01, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter 2023 and the six months ended June 30, 2023.

7 weeks ago - GlobeNewsWire

LGI Homes Opens in Marion Oaks, Florida, Marking its Debut in the Ocala Area

OCALA, Fla., July 25, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc., a renowned national homebuilder, proudly announces its first-ever venture into the Ocala, Florida area with the opening of its Marion Oa...

2 months ago - GlobeNewsWire

LGI Homes Announces Expansion in the Charlotte Market with New Community in Shelby

CHARLOTTE, N.C., July 21, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is now selling affordable, single-family homes at Pinnacle Estates, its newest community in the Charlotte market. Posi...

2 months ago - GlobeNewsWire

LGI Homes Expands Presence in Florida with New Homes in Port Charlotte

PORT CHARLOTTE, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. is excited to announce its expansion into the beautiful city of Port Charlotte, Florida.

2 months ago - GlobeNewsWire

LGI Homes Opens Newest Community in Austin Market

Sunset Oaks features an exceptional lineup of single-family homes from the $270s Sunset Oaks features an exceptional lineup of single-family homes from the $270s

2 months ago - GlobeNewsWire

LGI Homes Opens New Community in the Las Vegas Market

LAS VEGAS, July 12, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Las Vegas, Nevada market, Hollywood Springs.

2 months ago - GlobeNewsWire

LGI Homes, Inc. Reports June and Second Quarter 2023 Home Closings and Announces Date for Second Quarter Earnings Conference Call

THE WOODLANDS, Texas, July 06, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 664 homes in June 2023. In addition, the Company announced quarterly home closings of 1...

2 months ago - GlobeNewsWire

LGI Homes Celebrates National Homeownership Month

THE WOODLANDS, Texas, June 26, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) commemorates National Homeownership Month.

3 months ago - GlobeNewsWire

LGI Homes Opens Newest Community in Florence, Arizona

Bisbee Ranch features spacious, new-construction homes from the $320s Bisbee Ranch features spacious, new-construction homes from the $320s

3 months ago - GlobeNewsWire

Homebuilder stocks look to builders that cater to first time homebuyers , analyst says

Yahoo Finance anchors Julie Hyman and Brad Smith spoke wth UBS Equity Research Analyst about the state of the housing market, building a home, and trends to look for.

Other symbols: DHIKBHLENTOL
3 months ago - Yahoo Finance

LGI Homes Opens New Community in Houston Market

CONROE, Texas, June 12, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of their new project Sweetwater Ridge. LGI Homes is building and selling 212 single-family h...

3 months ago - GlobeNewsWire

LGI Homes Opens New Community in Charlotte, McKee Creek Village

CHARLOTTE, N.C., June 09, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced the company is now selling brand-new, single-family homes at McKee Creek Village.

3 months ago - GlobeNewsWire