LGI Homes, Inc. (LGIH)
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]
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 StatementsAnalyst 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.
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

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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

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.

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.

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...

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...

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.

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

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.

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...

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

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
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.

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...

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.