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LGI Homes (LGIH)
NASDAQ:LGIH
Holding LGIH?
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LGIH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$84.00 - $136.89
Previous Close$101.6
Volume270.55K
Average Volume (3M)181.62K
Market Cap
$2.39B
Enterprise Value$3.89B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.50B
Price to Earnings (P/E)12.3
Beta2.19
Next Earnings
Nov 05, 2024EPS Estimate
$2.54Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)8.23
Shares Outstanding23,500,280
10 Day Avg. Volume201,184
30 Day Avg. Volume181,623
Standard Deviation0.15
R-Squared0.44
Alpha-0.00688
Financial Highlights & Ratios
Price to Book (P/B)1.24
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)-7.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.75
Enterprise Value/Gross Profit7.17
Enterprise Value/Ebitda16.87
Forecast
1Y Price Target
$121.25Price Target Upside19.39% Upside
Rating ConsensusHold
Number of Analyst Covering5
LGI Homes News
Bulls Say, Bears Say
Bulls Say
EarningsLGIH reported diluted EPS of $2.48, beating Citizens JMP and consensus estimates of $2.10 and $2.27, respectively.
Gross MarginGross margin expectations increased to a range of 23.5-24.5%, up from the previous range of 23.1-24.1%.
ValuationLGIH is currently trading at 1.2x our FTM book value, well below its five-year average of 2.4x.
Bears Say
Average Selling PriceThe most significant driver to our changes is a lower assumed average selling price.
Guidance UpdateManagement updated previous 2024 guidance, which now assumes home closings of 6.4-7.2K, down from 7-8k.
Pricing PressureStubbornly high rates will truncate LGIH's ability to increase pricing, as well as force a continued mix shift to smaller homes over time.
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Ownership Overview
12.16% Insiders
23.47% Mutual Funds
4.62% Other Institutional Investors
34.21% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LGIH FAQ
What was LGI Homes’s price range in the past 12 months?
LGI Homes lowest stock price was $84.00 and its highest was $136.89 in the past 12 months.
What is LGI Homes’s market cap?
Currently, no data Available
When is LGI Homes’s upcoming earnings report date?
LGI Homes’s upcoming earnings report date is Nov 05, 2024 which is in 3 days.
How were LGI Homes’s earnings last quarter?
LGI Homes released its earnings results on Jul 30, 2024. The company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.177 by $0.303.
Is LGI Homes overvalued?
According to Wall Street analysts LGI Homes’s price is currently Undervalued.
Does LGI Homes pay dividends?
LGI Homes does not currently pay dividends.
What is LGI Homes’s EPS estimate?
LGI Homes’s EPS estimate is $2.54.
How many shares outstanding does LGI Homes have?
LGI Homes has 23,500,280 shares outstanding.
What happened to LGI Homes’s price movement after its last earnings report?
LGI Homes reported an EPS of $2.48 in its last earnings report, beating expectations of $2.177. Following the earnings report the stock price went up 13.768%.
Which hedge fund is a major shareholder of LGI Homes?
Among the largest hedge funds holding LGI Homes’s share is CDAM (UK) Ltd. It holds LGI Homes’s shares valued at 65M.
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LGI Homes Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$121.25 (19.39% Upside)
$121.25 (19.39% Upside)
Blogger Sentiment
Bullish
LGIH Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 57.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.6%
Last 30 Days ▼ 14.3%
Last 30 Days ▼ 14.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.45%
12-Months-Change
Fundamentals
Return on Equity
10.66%
Trailing 12-Months
Asset Growth
17.91%
Trailing 12-Months
Company Description
LGI Homes
LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It also deals with the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.
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LGIH Company Deck
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LGIH Earnings Call
Q2 2024
0:00 / 0:00
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LGIH Revenue Breakdown
91.42% Retail home sales revenues
8.58% Wholesale home sales revenues
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LGIH Stock 12 Month Forecast
Average Price Target
$121.25
▲(19.39% Upside)
Technical Analysis
Best Analysts Covering LGIH
1 Year
1 Year Success Rate
18/29 ratings generated profit
1 Year Average Return
+8.16%
reiterated a sell rating 25 days ago
Copying Michael Rehaut's trades and holding each position for 1 Year would result in 62.07% of your transactions generating a profit, with an average return of +8.16% per trade.
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