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)
8-K
Submission of Matters to a Vote of Security Holders
30 Apr 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
LGI Homes Reports First Quarter 2024 Results
30 Apr 24
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
Transcripts
LGIH
Earnings call transcript
2024 Q1
30 Apr 24
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
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) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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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) | 49.00 mm | 49.00 mm | 49.00 mm | 49.00 mm | 49.00 mm | 49.00 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 33.16 mm | 19.51 mm |
Cash used (since last report) | n/a | n/a | n/a | n/a | 68.56 mm | 40.32 mm |
Cash remaining | n/a | n/a | n/a | n/a | -19.57 mm | 8.67 mm |
Runway (months of cash) | n/a | n/a | n/a | n/a | -0.6 | 0.4 |
Institutional ownership, Q4 2023
1.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 37 |
Opened positions | 7 |
Closed positions | 204 |
Increased positions | 13 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 35.63 bn |
Total shares | 306.72 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Tributary Capital Management | 133.74 k | $17.81 bn |
Raymond James & Associates | 53.67 k | $7.15 bn |
Fragasso | 26.45 k | $3.52 bn |
New York State Teachers Retirement System | 18.93 k | $2.52 mm |
State of Alaska, Department of Revenue | 12.61 k | $1.68 mm |
Campbell Newman Asset Management | 12.35 k | $1.64 bn |
Broad Peak Investment Management | 6.70 k | $892.17 mm |
SG Americas Securities | 6.52 k | $868.00 k |
Arizona State Retirement System | 5.93 k | $788.97 mm |
Brookstone Capital Management | 5.07 k | $674.72 mm |
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
LGI Homes Q1 2024 GAAP EPS $0.72 Misses $1.00 Estimate, Sales $390.851M Miss $400.005M Estimate
30 Apr 24
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
Press releases
LGI Homes Commemorates Annual Service Impact Day and Celebrates Employee Volunteerism
17 May 24
LGI Homes Announces the Grand Opening of Cambridge Cove, A New Community North of Minneapolis
17 May 24
LGI Homes Opens a New Section at Morningstar Ranch in the Bakersfield Market
7 May 24
LGI Homes, Inc. Reports April 2024 Home Closings
3 May 24
LGI Homes Opens New Community North of Seattle in Marysville
3 May 24