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LGI Homes (LGIH)
NASDAQ:LGIH
LGI Homes (LGIH) Stock Price & Analysis
382 Followers
LGIH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$84.00 - $140.28
Previous Close$103.77
Volume202.12K
Average Volume (3M)244.08K
Market Cap
$2.45B
Enterprise Value$3.64B
Total Cash (Recent Filing)$48.98M
Total Debt (Recent Filing)$1.25B
Price to Earnings (P/E)13.0
Beta2.00
Next Earnings
Jul 30, 2024EPS Estimate
$2.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)8.00
Shares Outstanding23,567,441
10 Day Avg. Volume248,324
30 Day Avg. Volume244,082
Standard Deviation0.15
R-Squared0.45
Alpha-0.00677
Financial Highlights & Ratios
Price to Book (P/B)1.15
Price to Sales (P/S)3.49
Price to Cash Flow (P/CF)-15.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.55
Enterprise Value/Gross Profit6.72
Enterprise Value/Ebitda19.57
Forecast
1Y Price Target
$109.00Price Target Upside5.04% Upside
Rating ConsensusHold
Number of Analyst Covering6
LGI Homes News
PremiumPress Releases
LGI Homes Opens New Community in the Atlanta Area
PremiumPress Releases
LGI Homes Celebrates National Homeownership MonthPremiumPress Releases
LGI Homes, Inc. Reports May 2024 Home ClosingsBulls Say, Bears Say
Bulls Say
Financial PerformanceIncrease in 2Q24 EPS forecast to $2.07 from $1.97 on better volumes.
Market PositionA locked-up resale market will continue to drive first-time buyers to newly built product, which should benefit LGIH.
ValuationLGI Homes is trading below historical average valuations, presenting an attractive entry point for investors.
Bears Say
Community CountLGI Homes reported lower than expected home closings and community counts for the quarter which missed analyst estimates.
CompetitionCompany is facing increased competition and affordability challenges.
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
21.79% Insiders
31.97% Mutual Funds
28.36% Other Institutional Investors
17.88% 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 $140.28 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 Jul 30, 2024 which is in 9 days.
How were LGI Homes’s earnings last quarter?
LGI Homes released its earnings results on Apr 30, 2024. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $1.06 by -$0.34.
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 $2.18.
How many shares outstanding does LGI Homes have?
LGI Homes has 23,567,442 shares outstanding.
What happened to LGI Homes’s price movement after its last earnings report?
LGI Homes reported an EPS of $0.72 in its last earnings report, missing expectations of $1.06. Following the earnings report the stock price went down -6.362%.
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 81M.
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LGI Homes Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$109.00 (5.04% Upside)
$109.00 (5.04% Upside)
Blogger Sentiment
Bullish
LGIH Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 6.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.29%
12-Months-Change
Fundamentals
Return on Equity
10.69%
Trailing 12-Months
Asset Growth
13.61%
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
Q1 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
$109.00
▲(5.04% Upside)
Technical Analysis
Best Analysts Covering LGIH
1 Year
1 Year Success Rate
16/27 ratings generated profit
1 Year Average Return
+8.03%
reiterated a sell rating 12 days ago
Copying Michael Rehaut's trades and holding each position for 1 Year would result in 59.26% of your transactions generating a profit, with an average return of +8.03% per trade.
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