based in the woodlands, texas, lgi homes is a publicly-traded homebuilder that has been making the dream of homeownership come true for buyers since 2003. our beautiful new homes, offered in amenity-rich communities conveniently located near major metropolitan areas, give the best in location, affordability and lifestyle to our homebuyers. our mission is simple: give first-time and long-time homebuyers quality homes at affordable prices. we are able to pass through savings to our customers because we procure and develop our own land, maximizing efficiencies and keeping costs low. our communities are located close to the urban centers where people work and play, while allowing our residents to enjoy the slower pace, open space and reduced expense that exists just a short distance from the city. we consider our communities the best of both worlds: where affordable homeownership meets the vibrancy and attractions of the greater metropolitan area. in addition to our presence in several tex
Company profile
Ticker
LGIH
Exchange
Website
CEO
Eric Lipar
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
LGI HOMES – ALABAMA, LLC • LGI HOMES - ARIZONA, LLC • LGI HOMES AZ CONSTRUCTION, LLC • LGI HOMES AZ SALES, LLC • LGI HOMES – CALIFORNIA, LLC • LGI REALTY – CALIFORNIA, INC • LGI HOMES - COLORADO, LLC • LGI REALTY – COLORADO, LLC • LGI HOMES CORPORATE, LLC • LGI HOMES GROUP, LLC ...
IRS number
463088013
LGIH stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
15 Mar 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
LGI Homes, Inc. Reports Fourth Quarter and Full Year 2023 Results and Issues Guidance for 2024
20 Feb 24
8-K
Entry into a Material Definitive Agreement
8 Dec 23
8-K
Entry into a Material Definitive Agreement
21 Nov 23
8-K
LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2028
20 Nov 23
8-K
LGI Homes Announces Private Offering of
16 Nov 23
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
LGI Homes Reports Third Quarter 2023 Results and Updates Full Year 2023 Guidance
31 Oct 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
Transcripts
LGIH
Earnings call transcript
2023 Q4
20 Feb 24
LGIH
Earnings call transcript
2023 Q3
31 Oct 23
LGIH
Earnings call transcript
2023 Q2
1 Aug 23
LGIH
Earnings call transcript
2023 Q1
2 May 23
LGIH
Earnings call transcript
2022 Q4
21 Feb 23
LGIH
Earnings call transcript
2022 Q3
1 Nov 22
LGIH
Earnings call transcript
2022 Q2
2 Aug 22
LGIH
Earnings call transcript
2022 Q1
3 May 22
LGIH
Earnings call transcript
2021 Q4
15 Feb 22
LGIH
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
4
Michael Larry Snider
12 Mar 24
4
Charles Michael Merdian
12 Mar 24
4
Eric Thomas Lipar
12 Mar 24
4
Scott James Garber
12 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
WASATCH ADVISORS LP
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 46.98 mm | 46.98 mm | 46.98 mm | 46.98 mm | 46.98 mm | 46.98 mm |
Cash burn (monthly) | (no burn) | 473.25 k | (no burn) | (no burn) | 38.50 mm | 2.80 mm |
Cash used (since last report) | n/a | 3.29 mm | n/a | n/a | 267.68 mm | 19.45 mm |
Cash remaining | n/a | 43.69 mm | n/a | n/a | -220.69 mm | 27.53 mm |
Runway (months of cash) | n/a | 92.3 | n/a | n/a | -5.7 | 9.8 |
Institutional ownership, Q3 2023
87.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 234 |
Opened positions | 42 |
Closed positions | 27 |
Increased positions | 67 |
Reduced positions | 80 |
13F shares | Current |
---|---|
Total value | 2.00 tn |
Total shares | 20.67 mm |
Total puts | 136.40 k |
Total calls | 112.40 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.34 mm | $332.74 bn |
Vanguard | 2.21 mm | $219.87 bn |
FMR | 1.47 mm | $146.61 bn |
Dimensional Fund Advisors | 1.38 mm | $137.72 bn |
Wasatch Advisors | 1.27 mm | $126.77 bn |
STT State Street | 884.80 k | $88.03 bn |
Altshuler Shaham | 880.33 k | $87.58 bn |
Capital World Investors | 796.56 k | $79.25 bn |
CDAM (UK) | 588.70 k | $58.57 bn |
Fiduciary Management | 581.49 k | $57.85 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Snider Michael Larry | Common Stock | Sell | Dispose S | No | No | 112.71 | 3,229 | 363.94 k | 19,016 |
11 Mar 24 | Snider Michael Larry | Common Stock | Sell | Dispose S | No | No | 111.78 | 2,610 | 291.75 k | 22,245 |
11 Mar 24 | Snider Michael Larry | Common Stock | Sell | Dispose S | No | No | 104.01 | 2,154 | 224.04 k | 24,855 |
11 Mar 24 | Merdian Charles Michael | Common Stock | Sell | Dispose S | No | No | 112.71 | 2,569 | 289.55 k | 9,458 |
11 Mar 24 | Merdian Charles Michael | Common Stock | Sell | Dispose S | No | No | 111.78 | 2,077 | 232.17 k | 12,027 |
11 Mar 24 | Merdian Charles Michael | Common Stock | Sell | Dispose S | No | No | 111.02 | 1,715 | 190.40 k | 14,104 |
11 Mar 24 | Lipar Eric Thomas | Common Stock | Sell | Dispose S | No | No | 112.71 | 4,390 | 494.80 k | 627,430 |
11 Mar 24 | Lipar Eric Thomas | Common Stock | Sell | Dispose S | No | No | 111.78 | 3,550 | 396.82 k | 631,820 |
11 Mar 24 | Lipar Eric Thomas | Common Stock | Sell | Dispose S | No | No | 111.02 | 2,929 | 325.18 k | 635,370 |
11 Mar 24 | Garber Scott James | Common Stock | Sell | Dispose S | No | No | 112.71 | 489 | 55.12 k | 13,824 |
News
JMP Securities Reiterates Market Outperform on LGI Homes, Maintains $160 Price Target
5 Apr 24
Wedbush Reiterates Underperform on LGI Homes, Maintains $74 Price Target
4 Apr 24
LGI Homes Says It Closed 482 Homes In March 2024
3 Apr 24
Peering Into LGI Homes's Recent Short Interest
3 Apr 24
Wedbush Downgrades LGI Homes to Underperform, Lowers Price Target to $74
2 Apr 24
Press releases
LGI Homes Reports March and First Quarter 2024 Home Closings and Announces Date for First Quarter Earnings Conference Call
3 Apr 24
LGI Homes Named a Top Workplace for the Fourth Consecutive Year
2 Apr 24
LGI Homes Awarded Prestigious 2-10 Home Buyers Warranty Platinum Builder Award for Outstanding Leadership in New Construction
27 Mar 24
LGI Homes, Inc. Reports February 2024 Home Closings
5 Mar 24
Terrata Homes Expands Presence with A New Community in Seattle
4 Mar 24