LGI Homes

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It focuses on residential land development business. It operates through the following segments: Central, West, Southeast, Florida,Midwest, Mid-Atlantic and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

LGI Homes excels in Q2 2024, eyes growth amidst cost challenges

LGI Homes delivered strong financial performance in Q2 2024, with notable revenue growth, margin improvement, and earnings per share increase.
The company's focus on customer value, employee recognition, and growth targets positions it well for future expansion and profitability.
While challenges related to affordability persist, LGI Homes is poised to capitalize on opportunities through strategic initiatives and market differentiation.

LGI Homes posts strong Q3 results, boosts margins, eyes growth

LGI Homes demonstrated robust financial performance, operational efficiency, and market expansion in Q3 2024, underpinned by improved margins and profitability.
While facing challenges in debt management and market uncertainties, the company's strengths in trustworthiness, financial flexibility, and margin guidance offer a solid foundation for future growth.
By capitalizing on opportunities in housing demand, strategic investments, and technology integration, LGI Homes can navigate challenges and drive sustainable growth in a competitive market landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It focuses on the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, Midwest, Mid-Atlantic, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.

D.R. Horton

The housing market grew 45% last year compared to the S&P 500's 27%. Here are three housing stocks to buy for more growth this year.

3 Hot Housing Stocks to Buy Now to Build Profit in Your Portfolio

Meritage Homes

Builders simply can't make homes fast enough to satisfy demand.

The U.S. Has a Housing Shortage -- Here's What Investors Need to Know

THE WOODLANDS, Texas, Feb. 04, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 442 homes in January 2022.

LGI Homes, Inc. Reports January 2022 Home Closings

The Orchards Features Brand-New Homes Starting from the $380s Near Yuba City The Orchards Features Brand-New Homes Starting from the $380s Near Yuba City

LGI Homes Announces New Section at Popular Sacramento Area Community

Dream Finders Homes

Green Brick Partners

Howard Hughes

One of our experts explains why he likes homebuilders' stocks.

Now Could Be the Perfect Time to Buy These Stocks

Over the past year, LGI Homes has soared close to 38% beating the S&P 500 at 25.80%.

LGI Homes: Stock Soars As Homebuilding Exceeds Expectations

THE WOODLANDS, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Maria Renna Sharpe as a new independent director to its Board.

LGI Homes, Inc. Appoints Maria Renna Sharpe to its Board of Directors

THE WOODLANDS, Texas, Jan. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 1,004 homes in December, a total of 2,526 home closings in the fourth quarter and a record 10,442 home closings for the full year 2021.

LGI Homes Delivers Record Annual Home Closings and Sets Date for Fourth Quarter and 2021 Year End Earnings Conference Call

TRI Pointe Group

According to the All-in-One Screener, a Premium feature of GuruFocus, five homebuilder stocks that have outperformed the Standard & Poor's 500 Index in 2021 yet are not highly overvalued based on the GF Value as of Tuesday are Tri Pointe Homes Inc. ( TPH , Financial), D.R. Horton Inc. ( DHI , Financial), NVR Inc. ( NVR , Financial), Meritage Homes Corp. ( MTH , Financial) and LGI Homes Inc. ( LGIH , Financial).

5 Homebuilder Stocks That Outperformed in 2021

Meadows North features single-family homes priced from the $330s in North Branch Meadows North features single-family homes priced from the $330s in North Branch

LGI Homes announces the grand opening of Meadows North, a new community near Minneapolis

LAS VEGAS, Dec. 22, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its newest community in the Las Vegas market, Skyline. Priced from the $300s, this new-construction neighborhood offers a lineup of two-story homes with spacious bedrooms, two-car garages and a multitude of included upgrades.

LGI Homes is Now Selling Upgraded Homes in Las Vegas Market

CHARLOTTE, N.C., Dec. 15, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq: LGIH) announced its further expansion into the Charlotte market with the opening of its newest community, Creedmore Hills.

LGI Homes Announces Opening of Creedmore Hills in Charlotte Market

KB Home

Lennar

PulteGroup

Toll Brothers

This is good news for homeowners, bad news for prospective home buyers, and ultimately great news for housing market investors. As we believe these housing stocks will be big winners throughout the 2020s.

Welcome to the First Inning of the 10-Year Housing Boom

Wells Fargo analyst Deepa Raghavan upgraded LGI Homes Inc (NASDAQ:LGIH) to Equal Weight from Underweight with a price target of $160, up from $125, implying a 0.82% upside. The analyst believes the stock and expectations reset materially post the Q4 earnings reported on November 2, and got further confirmation of fundamentals having bottomed out for LGI at the analyst day.

Wells Fargo Upgrades LGI Homes To Equal Weight

THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021.

LGI Homes, Inc. Appoints Shailee Parikh to its Board of Directors

THE WOODLANDS, Texas, Dec. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 797 homes in November 2021. The Company ended the first eleven months of 2021 with 9,438 home closings, a 22.4% increase over 7,709 home closings during the first eleven months of 2020.

LGI Homes Reports November 2021 Home Closings

ATLANTA, Dec. 01, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced their expansion into Macon, Georgia with the opening of its newest community, Bridgewood Coves.

LGI Homes Expands Atlanta Presence with Opening of a New Community in Macon, Georgia

Demand for homes is strong, but the environment is challenging.

Is Now the Time to Buy Homebuilder Stocks?

loanDepot

FOOTHILL RANCH, Calif., Nov. 4, 2021 /PRNewswire/ -- LGI Mortgage Solutions, the joint venture formed by loanDepot, the nation's second largest nonbank retail lender and LGI Homes, Inc., one of the fastest growing home builders in the nation, is now offering full-service, residential mortgage solutions and personalized service in Arizona, Colorado and Florida.

LGI Mortgage Solutions, joint venture between loanDepot and LGI Homes, Now Serving Customers in Arizona, Colorado and Florida

THE WOODLANDS, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home closings during the first ten months of 2020.

LGI Homes Reports October 2021 Home Closings

LGI Homes, Inc. (LGIH) CEO Eric Lipar on Q3 2021 Results - Earnings Call Transcript

LGI Homes (LGIH) delivered earnings and revenue surprises of 0.50% and 2.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

LGI Homes (LGIH) Tops Q3 Earnings and Revenue Estimates

THE WOODLANDS, Texas, Nov. 02, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the third quarter and nine months ended September 30, 2021.

LGI Homes Reports Record Third Quarter and Year to Date 2021 Results

LGI Homes (LGIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LGI Homes (LGIH) Earnings Expected to Grow: Should You Buy?

OKLAHOMA CITY, Oct. 19, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced a brand-new line-up of five floor plans in its Oklahoma City-area communities. Priced from the $220s, this new collection of homes offers homebuyers exceptional value for a newly constructed home situated in a premier family-friendly community. To celebrate this new series of homes, LGI Homes will be hosting a one-day-only sales event at each community, later this month.

News for LGI Homes Stock (LGIH)