NasdaqGS - Nasdaq Real Time Price USD

LGI Homes, Inc. (LGIH)

95.85 +0.97 (+1.02%)
At close: April 26 at 4:00 PM EDT
95.85 0.00 (0.00%)
After hours: April 26 at 4:20 PM EDT
Key Events
Loading Chart for LGIH
DELL
  • Previous Close 94.88
  • Open 95.42
  • Bid 95.79 x 100
  • Ask 96.03 x 100
  • Day's Range 95.34 - 96.70
  • 52 Week Range 84.16 - 141.91
  • Volume 248,061
  • Avg. Volume 212,752
  • Market Cap (intraday) 2.26B
  • Beta (5Y Monthly) 1.82
  • PE Ratio (TTM) 11.38
  • EPS (TTM) 8.42
  • Earnings Date Apr 30, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 117.33

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, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.

www.lgihomes.com

1,089

Full Time Employees

December 31

Fiscal Year Ends

Recent News: LGIH

Related Videos: LGIH

Housing market: Mortgage rates bear down on homebuilder stocks

Homebuilder confidence has held and remained the same in recent months as new home sales dropped. Mortgage rates have been at the root of many problems afflicting the US housing market and now they are starting to take a toll on homebuilder stocks; things could get even uglier as rates consistently move between 7% and realtors see mortgage rates going as high as 8% even. As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Wedbush Securities Equity Research SVP Jay McCanless describes the rate environment as having "gone from being pretty benign" at 2024's start to "much more negative now than we would've expected." McCanless outlines how homebuilders are operating in this rate-sensitive housing market and where he sees demand going based on the younger generations of homebuyers. "The group is carrying less debt than it was five years ago and especially ten years ago. They are building the homes certainly more efficiently than they were back then, but at the same time, it comes down to monthly payment and the builders, I think they've done a good job of trying to shrink the size of the homes that they're building, reduce the amenities that they're putting especially in some the starter homes," McCanless says. "But at the end of the day if the mortgage rate's gone up 100-something basis points like it has this year already, that's just going to reduce the size of the population that can potentially buy a home." Catch more of Yahoo Finance's Real Estate: The New Reality coverage this week, or watch this full episode here. This post was written by Luke Carberry Mogan.

Performance Overview: LGIH

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LGIH
28.02%
S&P 500
6.92%

1-Year Return

LGIH
17.28%
S&P 500
25.26%

3-Year Return

LGIH
42.66%
S&P 500
22.00%

5-Year Return

LGIH
37.66%
S&P 500
74.29%

Compare To: LGIH

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: LGIH

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    2.26B

  • Enterprise Value

    3.57B

  • Trailing P/E

    11.38

  • Forward P/E

    10.83

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.96

  • Price/Book (mrq)

    1.22

  • Enterprise Value/Revenue

    1.51

  • Enterprise Value/EBITDA

    15.14

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.45%

  • Return on Assets (ttm)

    4.59%

  • Return on Equity (ttm)

    11.39%

  • Revenue (ttm)

    2.36B

  • Net Income Avi to Common (ttm)

    199.23M

  • Diluted EPS (ttm)

    8.42

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    48.98M

  • Total Debt/Equity (mrq)

    67.52%

  • Levered Free Cash Flow (ttm)

    -75.29M

Research Analysis: LGIH

Analyst Price Targets

74.00 Low
117.33 Average
95.85 Current
160.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: LGIH

Fair Value

95.85 Current
 

Dividend Score

0 Low
LGIH
Sector Avg.
100 High
 

Hiring Score

0 Low
LGIH
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
LGIH
Sector Avg.
100 High
 

Research Reports: LGIH

  • LGIH: Rating decreased to a SELL

    LGI HOMES INC has an Investment Rating of SELL; a target price of $101.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • LGIH: Lowering target price to $100.00

    LGI HOMES INC has an Investment Rating of HOLD; a target price of $100.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • LGIH: Lowering target price to $107.00

    LGI HOMES INC has an Investment Rating of HOLD; a target price of $107.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • LGIH: Lowering target price to $111.00

    LGI HOMES INC has an Investment Rating of HOLD; a target price of $111.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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