LGI Homes (LGIH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $102.98 to $105.98
• 50-Day Range: $100.49 to $123.50
• 52-Week Range: $84.00 to $136.89
• Volume: 150,328 shs
• Average Volume: 201,635 shs
• Market Capitalization: $2.49 billion
• P/E Ratio: 12.69
• Dividend Yield: N/A
• Price Target: $126.00
• Consensus Rating: Hold

LGI Homes Stock Analysis - MarketRank™

LGI Homes scored higher than 58% of companies evaluated by MarketBeat, and ranked 597th out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

LGI Homes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

LGI Homes has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.09%

Earnings Growth

Earnings for LGI Homes are expected to grow by 17.09% in the coming year, from $8.72 to $10.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of LGI Homes is 12.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of LGI Homes is 12.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 40.18.

Price to Book Value per Share Ratio

LGI Homes has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.72% of the float of LGI Homes has been sold short.

Short Interest Ratio / Days to Cover

LGI Homes has a short interest ratio ("days to cover") of 12.2, which indicates bearish sentiment.

Change versus previous month

Short interest in LGI Homes has recently decreased by 6.36%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

LGI Homes does not currently pay a dividend.

Dividend Growth

LGI Homes does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.72% of the float of LGI Homes has been sold short.

Short Interest Ratio / Days to Cover

LGI Homes has a short interest ratio ("days to cover") of 12.2, which indicates bearish sentiment.

Change versus previous month

Short interest in LGI Homes has recently decreased by 6.36%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.65

News Sentiment

LGI Homes has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for LGI Homes this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for LGIH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, LGI Homes insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.40% of the stock of LGI Homes is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

84.89% of the stock of LGI Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LGIH Stock Analysis - Frequently Asked Questions

How have LGIH shares performed this year?

LGI Homes' stock was trading at $133.16 on January 1st, 2024. Since then, LGIH shares have decreased by 20.5% and is now trading at $105.82.
View the best growth stocks for 2024 here.

How were LGI Homes' earnings last quarter?

LGI Homes, Inc. (NASDAQ:LGIH) issued its quarterly earnings data on Tuesday, November, 5th. The financial services provider reported $2.95 EPS for the quarter, topping the consensus estimate of $2.54 by $0.41. The company's revenue for the quarter was up 5.6% on a year-over-year basis.

Who are LGI Homes' major shareholders?

LGI Homes' top institutional investors include Wasatch Advisors LP (5.78%), State Street Corp (4.62%), Disciplined Growth Investors Inc. MN (4.00%) and CDAM UK Ltd (3.04%). Insiders that own company stock include Eric Thomas Lipar, Rachel Lyons Eaton, Ryan Edone, Michael Larry Snider, Scott James Garber, Scott James Garber, Charles Michael Merdian, Jack Anthony Lipar, Steven Randal Smith and Maria Renna Sharpe.
View institutional ownership trends.

How do I buy shares of LGI Homes?

Shares of LGIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of LGI Homes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LGI Homes investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Home Depot (HD), Advanced Micro Devices (AMD), Visa (V) and Netflix (NFLX).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/24/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Operative builders
• Sub-Industry: Construction
• Current Symbol: NASDAQ:LGIH
• CUSIP: N/A
• CIK: 1580670
• Web: www.lgihomes.com
• Phone: (281) 362-8998
• Fax: 281-210-2601
• Employees: 1,089
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $126.00
• High Stock Price Target: $160.00
• Low Stock Price Target: $93.00
• Potential Upside/Downside: +19.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.34
• Trailing P/E Ratio: 12.69
• Forward P/E Ratio: 12.14
• P/E Growth: N/A
• Net Income: $199.23 million
• Net Margins: 8.75%
• Pretax Margin: 11.55%
• Return on Equity: 10.32%
• Return on Assets: 5.46%

Debt

• Debt-to-Equity Ratio: 0.77
• Current Ratio: 12.72
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $2.36 billion
• Price / Sales: 1.05
• Cash Flow: $8.81 per share
• Price / Cash Flow: 12.01
• Book Value: $84.93 per share
• Price / Book: 1.25

Miscellaneous

• Outstanding Shares: 23,510,000
• Free Float: 20,597,000
• Market Cap: $2.49 billion
• Optionable: Optionable
• Beta: 1.97