LGIH - LGI Homes Inc Stock Price, Fair Value and News

94.81USD-1.06 (-1.11%)Market Closed

Market Summary

USD94.81-1.06

Market Closed

-1.11%

LGIH Stock Price

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LGIH RSI Chart

LGIH Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

11.22

Price/Sales (Trailing)

0.95

EV/EBITDA

Price/Free Cashflow

-39.25

LGIH Price/Sales (Trailing)

LGIH Profitability

EBT Margin

11.10%

Return on Equity

10.73%

Return on Assets

5.85%

Free Cashflow Yield

-2.55%

LGIH Fundamentals

LGIH Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

24.61%

Rev. Growth (Qtr)

-1.48%

LGIH Earnings

Earnings (TTM)

199.2M

Earnings Growth (Yr)

52.69%

Earnings Growth (Qtr)

-22.3%

Breaking Down LGIH Revenue

Last 7 days

1.5%

Last 30 days

-15.8%

Last 90 days

-19.1%

Trailing 12 Months

-15.8%

How does LGIH drawdown profile look like?

LGIH Financial Health

Debt/Equity

0.67

Debt/Cashflow

-0.05

LGIH Investor Care

Shares Dilution (1Y)

1.18%

Diluted EPS (TTM)

8.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.2B	2.2B	2.2B	2.4B
2022	2.9B	2.8B	2.6B	2.3B
2021	2.6B	2.9B	3.1B	3.1B
2020	2.0B	2.0B	2.1B	2.4B
2019	1.5B	1.6B	1.7B	1.8B
2018	1.4B	1.5B	1.5B	1.5B
2017	838.8M	940.2M	1.1B	1.3B
2016	672.0M	735.9M	778.3M	838.3M
2015	428.0M	480.5M	561.9M	630.2M
2014	214.5M	284.4M	339.9M	383.3M
2013	95.4M	116.9M	138.5M	160.1M
2012	0	0	0	73.8M
2011	0	0	0	50.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of LGI Homes Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2024	snider michael larry	sold	-879,724	110	-7,993	president and coo
Mar 11, 2024	garber scott james	sold	-135,684	111	-1,212	general counsel and secretary
Mar 11, 2024	merdian charles michael	sold	-712,118	111	-6,361	cfo and treasurer
Mar 11, 2024	lipar eric thomas	sold	-1,216,790	111	-10,869	ceo and chairman of the board
Mar 08, 2024	merdian charles michael	acquired	-	-	7,250	cfo and treasurer
Mar 08, 2024	snider michael larry	acquired	-	-	8,747	president and coo
Mar 08, 2024	garber scott james	acquired	-	-	2,750	general counsel and secretary
Mar 08, 2024	lipar eric thomas	acquired	-	-	24,561	ceo and chairman of the board
Dec 31, 2023	garber scott james	acquired	2,603	113	23.00	general counsel and secretary
Dec 31, 2023	merdian charles michael	acquired	1,358	113	12.00	cfo and treasurer

Which funds bought or sold LGIH recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	1900 WEALTH MANAGEMENT LLC	sold off	-100	-520,123	-	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-47.00	1,047	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-16.3	-277,000	756,000	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-1,024	7,099	-%
Apr 23, 2024	ARCADIA INVESTMENT MANAGEMENT CORP/MI	reduced	-14.13	-23,992	72,150	0.01%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.97	-184,574	1,186,970	0.02%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	5.91	-531,846	6,614,580	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	365,959	1,447,320	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	sold off	-100	-478,044	-	-%
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-0.86	-303,707	688,468	0.01%

Are Funds Buying or Selling LGIH?

Are funds buying LGIH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LGIH

No. of Funds

Unveiling LGI Homes Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.34%	2,200,611	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.1%	1,443,055	SC 13G
Feb 09, 2024	wasatch advisors lp	-	0	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 23, 2024	blackrock inc.	14.3%	3,377,590	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	9.44%	2,199,430	SC 13G/A
Feb 08, 2023	wasatch advisors inc	-	0	SC 13G/A
Jan 26, 2023	blackrock inc.	14.9%	3,473,938	SC 13G/A
Jan 20, 2023	blackrock inc.	14.9%	3,473,938	SC 13G/A

Recent SEC filings of LGI Homes Inc

View All Filings

Date Filed	Form Type	Document
Mar 15, 2024	DEF 14A	DEF 14A
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	144	Notice of Insider Sale Intent
Feb 20, 2024	10-K	Annual Report

Peers (Alternatives to LGI Homes Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	329.0B	152.7B	-12.63%	15.23%	21.72	2.15	-3.01%	-11.47%
LOW	131.6B	86.4B	-8.55%	14.51%	17.03	1.52	-11.01%	20.02%
DHI	47.0B	37.1B	-9.49%	35.91%	9.46	1.27	10.12%	-4.29%
NVR	24.6B	9.5B	-1.97%	35.70%	15.43	2.58	-9.58%	-7.76%
FND	11.5B	4.4B	-15.52%	15.10%	46.89	2.61	3.50%	-17.51%
MID-CAP
MHK	7.0B	11.1B	-11.85%	16.24%	-15.98	0.63	-5.13%	-1840.86%
IBP	6.7B	2.8B	-7.85%	98.78%	27.39	2.4	4.08%	9.09%
WHR	5.8B	19.3B	-15.39%	-26.40%	14.39	0.3	-0.81%	119.92%
CVCO	3.1B	1.9B	-4.67%	27.56%	17.89	1.65	-14.77%	-30.65%
CCS	2.5B	3.9B	-15.63%	21.77%	8.66	0.65	-8.36%	-30.22%
LEG	2.4B	4.7B	-0.61%	-42.05%	-17.57	0.51	-8.19%	-144.16%
SMALL-CAP
AMWD	1.5B	1.9B	-8.69%	91.28%	12.18	0.78	-10.13%	53.07%
BZH	866.5M	2.1B	-12.01%	63.71%	5.55	0.4	-6.89%	-25.76%
BSET	118.6M	369.0M	-10.53%	-5.42%	-20.41	0.32	-22.39%	-109.49%
CRWS	51.9M	86.7M	-3.80%	-9.30%	11	0.6	9.53%	-34.99%

LGI Homes Inc News

Latest updates

LGI Homes Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.5%	608	618	645	487	488	547	723	546	801	752	792	706	897	534	482	455	606	483	462	288	425
S&GA Expenses	0.0%	50.00	50.00	49.00	43.00	33.00	34.00	43.00	34.00	43.00	40.00	45.00	43.00	50.00	35.00	30.00	33.00	37.00	33.00	34.00	27.00	29.00
EBITDA Margin	3.5%	0.11*	0.11*	0.12*	0.16*	0.18*	0.20*	0.19*	0.18*	0.18*	0.18*	0.18*	0.17*	-	-	-	-	-	-	-	-	-
Income Taxes	-26.5%	16.00	22.00	18.00	5.00	13.00	18.00	40.00	21.00	32.00	26.00	31.00	24.00	30.00	-11.19	13.00	12.00	20.00	15.00	14.00	3.00	14.00
Earnings Before Taxes	-23.4%	69.00	89.00	71.00	32.00	47.00	109	163	100	143	127	149	123	167	78.00	69.00	55.00	85.00	65.00	61.00	22.00	56.00
EBT Margin	3.5%	0.11*	0.11*	0.12*	0.16*	0.18*	0.20*	0.19*	0.18*	0.18*	0.18*	0.18*	0.17*	-	-	-	-	-	-	-	-	-
Net Income	-22.3%	52.00	67.00	53.00	27.00	34.00	90.00	123	79.00	111	101	118	100	136	89.00	56.00	43.00	65.00	49.00	46.00	18.00	43.00
Net Income Margin	4.3%	0.08*	0.08*	0.09*	0.12*	0.14*	0.15*	0.15*	0.14*	0.14*	0.14*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	70.3%	-34.29	-115	15.00	78.00	-10.90	-96.25	-125	-137	-79.39	-38.76	-20.83	161	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.2%	3,408	3,335	3,140	3,101	3,125	3,113	2,873	2,594	2,352	2,154	2,059	1,825	1,826	1,763	1,636	1,719	1,666	1,636	1,486	1,436	1,395
Cash Equivalents	4.3%	49.00	47.00	43.00	43.00	32.00	53.00	42.00	53.00	51.00	47.00	112	48.00	36.00	46.00	49.00	118	38.00	37.00	38.00	35.00	47.00
Net PPE	8.7%	46.00	42.00	38.00	35.00	33.00	26.00	20.00	19.00	17.00	13.00	9.00	6.00	4.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00
Goodwill	-100.0%	-	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00
Liabilities	1.3%	1,552	1,532	1,409	1,427	1,482	1,506	1,359	1,171	956	818	772	607	687	750	718	859	821	859	761	759	740
Long Term Debt	-	1,248	-	-	-	1,117	-	-	-	805	-	-	-	538	-	-	-	691	-	-	-	654
Shareholder's Equity	3.0%	1,856	1,803	1,731	1,674	1,642	1,607	1,514	1,423	1,396	1,336	1,286	1,219	1,139	1,013	919	860	845	777	725	677	656
Retained Earnings	2.8%	1,890	1,838	1,771	1,717	1,690	1,656	1,566	1,443	1,364	1,253	1,152	1,034	934	798	709	653	610	546	496	450	432
Additional Paid-In Capital	0.4%	321	320	315	312	307	305	303	297	292	287	282	276	271	264	259	256	253	249	247	245	242
Shares Outstanding	0.1%	24.00	24.00	24.00	24.00	23.00	23.00	24.00	24.00	25.00	25.00	25.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-	-	-	1,400	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	70.3%	-34,293	-115,510	15,235	77,600	-10,899	-96,252	-125,513	-137,787	-79,387	-38,765	-20,834	160,686	89,177	-33,091	87,269	58,803	62,225	-85,266	14,285	-33,178	-14,707
Share Based Compensation	-89.1%	340	3,123	2,360	3,103	557	1,516	3,545	3,570	3,426	3,352	3,395	3,422	5,125	3,926	2,613	1,853	2,358	1,759	1,639	1,783	1,765
Cashflow From Investing	-702.7%	-6,052	-754	-1,987	-4,855	-3,862	349	-1,082	-1,373	-562	-40,066	-30,167	404	-3,362	-601	-143	-1,542	-193	-1,277	-112	-211	-714
Cashflow From Financing	-64.7%	42,342	119,911	-12,880	-61,777	-5,901	106,592	115,241	141,971	83,746	13,844	114,548	-148,875	-96,208	30,925	-156,256	22,626	-60,717	86,018	-11,702	21,849	24,076
Buy Backs	-	-	-	-	-	-	-	37,443	57,659	56,097	56,083	55,776	25,827	16,746	-	-	31,335	-	-	-	-	-

LGIH Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Home sales revenues	$ 2,358,580	$ 2,304,455	$ 3,050,149
Cost of sales	1,816,393	1,657,855	2,232,115
Selling expenses	191,582	144,928	170,005
General and administrative	117,350	111,565	100,331
Operating income	233,255	390,107	547,698
Loss on extinguishment of debt	0	0	13,976
Other income, net	(28,499)	(28,009)	(9,053)
Net income before income taxes	261,754	418,116	542,775
Income tax provision	62,527	91,549	113,130
Net income	$ 199,227	$ 326,567	$ 429,645
Earnings per share:
Basic earnings per share (in dollars per share)	$ 8.48	$ 13.90	$ 17.46
Diluted earnings per share (in dollars per share)	$ 8.42	$ 13.76	$ 17.25
Weighted average shares outstanding:
Basic (in shares)	23,507,136	23,486,465	24,607,231
Diluted (in shares)	23,648,548	23,730,770	24,908,991

LGIH Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 48,978	$ 31,998
Accounts receivable	41,319	25,143
Real estate inventory	3,107,648	2,898,296
Pre-acquisition costs and deposits	30,354	25,031
Property and equipment, net	45,522	32,997
Other assets	113,849	93,159
Deferred tax assets, net	8,163	6,186
Goodwill	12,018	12,018
Total assets	3,407,851	3,124,828
LIABILITIES AND EQUITY
Accounts payable	31,616	25,287
Accrued expenses and other liabilities	271,872	340,128
Notes payable	1,248,332	1,117,001
Total liabilities	1,551,820	1,482,416
EQUITY
Common stock, par value $0.01, 250,000,000 shares authorized, 27,521,120 shares issued and 23,581,648 shares outstanding as of December 31, 2023 and 27,245,278 shares issued and 23,305,806 shares outstanding as of December 31, 2022	275	272
Additional paid-in capital	321,062	306,673
Retained earnings	1,889,716	1,690,489
Treasury stock, at cost, 3,939,472 shares as of December 31, 2023 and December 31, 2022	(355,022)	(355,022)
Total equity	1,856,031	1,642,412
Total liabilities and equity	$ 3,407,851	$ 3,124,828

About LGI Homes Inc

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

CEO	Mr. Eric Thomas Lipar
WEBSITE	lgihomes.com
INDUSTRY	Home Improvement Retail
EMPLOYEES	952

LGI Homes Inc Frequently Asked Questions

What is the ticker symbol for LGI Homes Inc? What does LGIH stand for in stocks?

LGIH is the stock ticker symbol of LGI Homes Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LGI Homes Inc (LGIH)?

As of Thu Apr 25 2024, market cap of LGI Homes Inc is 2.24 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LGIH stock?

You can check LGIH's fair value in chart for subscribers.

What is the fair value of LGIH stock?

You can check LGIH's fair value in chart for subscribers. The fair value of LGI Homes Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LGI Homes Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LGIH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LGI Homes Inc a good stock to buy?

The fair value guage provides a quick view whether LGIH is over valued or under valued. Whether LGI Homes Inc is cheap or expensive depends on the assumptions which impact LGI Homes Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LGIH.

What is LGI Homes Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, LGIH's PE ratio (Price to Earnings) is 11.22 and Price to Sales (PS) ratio is 0.95. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LGIH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on LGI Homes Inc's stock?

In the past 10 years, LGI Homes Inc has provided 0.207 (multiply by 100 for percentage) rate of return.