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LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. It serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
LGI Homes designs, constructs and sells single-family homes in the United States, primarily targeting entry-level and first-time move-up buyers across multiple regional markets. Long-term growth could be supported by demographic demand for affordable housing, constrained supply in many markets and continued expansion of its lot inventory and community count. Investors may find the company attractive because of its focused product niche, standardized operating model and potential for margin leverage as communities scale.
Key risks include sensitivity to mortgage rates and broader housing cycles, rising land and construction costs, and execution risk from rapid geographic expansion or lot acquisition strategy.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 418.12M | 542.77M | 367.85M | 231.83M | 199.10M |
| Net income | 326.57M | 429.64M | 323.89M | 178.61M | 155.29M |
| Selling general administrative | 111.56M | 100.33M | 90.02M | 77.38M | 70.34M |
| Selling and marketing expenses | 144.93M | 170.00M | 148.37M | 131.56M | 109.46M |
| Gross profit | 646.60M | 818.03M | 603.10M | 436.48M | 379.92M |
| Reconciled depreciation | 1.58M | 1.15M | 0.71M | 0.64M | 0.71M |
| Ebit | 388.53M | 547.70M | 364.00M | 227.54M | 203.00M |
| Ebitda | 390.11M | 561.67M | 364.71M | 227.71M | 203.71M |
| Depreciation and amortization | 1.58M | 13.98M | 0.71M | 0.17M | 0.71M |
| Non operating income net other | 28.01M | -4.92M | 3.14M | 4.29M | -1.01M |
| Operating income | 390.11M | 547.70M | 364.71M | 227.54M | 200.11M |
| Other operating expenses | 1914.35M | 2502.45M | 2003.22M | 1610.62M | 1304.29M |
| Interest expense | -29.59M | 17.75M | 3.85M | 4.77M | 0.00M |
| Tax provision | 91.55M | 113.13M | 43.95M | 53.22M | 43.81M |
| Net interest income | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Income tax expense | 91.55M | 113.13M | 43.95M | 53.22M | 43.81M |
| Total revenue | 2304.45M | 3050.15M | 2367.93M | 1838.15M | 1504.40M |
| Total operating expenses | 256.49M | 270.34M | 238.39M | 208.94M | 179.81M |
| Cost of revenue | 1657.86M | 2232.11M | 1764.83M | 1401.67M | 1124.48M |
| Total other income expense net | 28.01M | -4.92M | 3.14M | 4.29M | -1.01M |
| Net income from continuing ops | 326.57M | 429.64M | 323.89M | 178.61M | 155.29M |
| Net income applicable to common shares | 326.57M | 429.64M | 323.89M | 178.61M | 155.29M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 3407.85M | 3124.83M | 2351.86M | 1826.09M | 1666.12M |
| Intangible assets | - | 12.02M | 12.02M | 12.02M | 12.02M |
| Other current assets | 6.90M | - | -50.51M | - | - |
| Total liab | 1551.82M | 1482.42M | 956.02M | 687.08M | 820.92M |
| Total stockholder equity | 1856.03M | 1642.41M | 1395.85M | 1139.01M | 845.19M |
| Deferred long term liab | - | 2.62M | 40.70M | 37.21M | 2.13M |
| Other current liab | 99.41M | 198.34M | 136.61M | -161.67M | -178.16M |
| Common stock | 0.28M | 0.27M | 0.27M | 0.27M | 0.26M |
| Capital stock | 0.28M | 0.27M | 0.27M | 0.27M | 0.26M |
| Retained earnings | 1889.72M | 1690.49M | 1363.92M | 934.28M | 610.38M |
| Other liab | - | 253.35M | 79.48M | 58.68M | 51.76M |
| Good will | 12.02M | 12.02M | 12.02M | 12.02M | 12.02M |
| Other assets | - | 99.98M | 134.40M | 101.10M | 45.01M |
| Cash | 48.98M | 32.00M | 50.51M | 35.94M | 38.34M |
| Total current liabilities | 235.48M | 365.42M | 150.78M | 148.68M | 130.36M |
| Net debt | 1308.76M | 1226.80M | 754.72M | 502.46M | 652.21M |
| Short term debt | 104.46M | 141.79M | 805.24M | 296.68M | 296.03M |
| Short long term debt | 104.46M | 141.79M | - | 296.68M | 296.03M |
| Short long term debt total | 1357.74M | 1258.79M | 805.24M | 538.40M | 690.56M |
| Other stockholder equity | -33.96M | -48.35M | 31.66M | 204.46M | 234.55M |
| Property plant equipment | - | 33.00M | 16.94M | 3.62M | 1.63M |
| Total current assets | 3197.95M | 2955.44M | 2194.33M | 1721.37M | 1594.36M |
| Net tangible assets | - | 1630.39M | 1383.83M | 1126.99M | 833.17M |
| Net receivables | 41.32M | 25.14M | 57.91M | 115.94M | 56.39M |
| Long term debt | 1248.33M | 1117.00M | 805.24M | 538.40M | 690.56M |
| Inventory | 3107.65M | 2898.30M | 2085.90M | 1569.49M | 1499.62M |
| Accounts payable | 31.62M | 25.29M | 14.17M | 13.68M | 12.49M |
| Accumulated other comprehensive income | 0.00M | - | - | - | -4.09M |
| Common stock total equity | - | 0.27M | 0.27M | 0.27M | 0.26M |
| Retained earnings total equity | - | 1690.49M | 1363.92M | 934.28M | 610.38M |
| Treasury stock | - | -355.02M | -259.92M | -66.14M | -18.06M |
| Non currrent assets other | 113.85M | 118.19M | 81.68M | 44.88M | 16.24M |
| Non current assets total | 209.91M | 169.39M | 157.54M | 104.72M | 71.76M |
| Capital lease obligations | 4.95M | 5.18M | 5.33M | 5.29M | 5.64M |
| Long term debt total | - | 1117.00M | 805.24M | 538.40M | 690.56M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -4.78M | -1.69M | -2.96M | -1.06M | -74.94M |
| Change to liabilities | 69.17M | -5.68M | 21.84M | 38.37M | -28.48M |
| Total cashflows from investing activities | -5.97M | -70.39M | -5.65M | -1.79M | -74.94M |
| Net borrowings | 306.68M | 249.93M | -155.09M | 32.56M | 169.66M |
| Total cash from financing activities | 357.90M | 63.26M | -198.91M | 35.45M | 170.71M |
| Change to operating activities | 82.42M | -30.37M | -5.00M | 49.85M | -45.95M |
| Net income | 326.57M | 429.64M | 323.89M | 178.61M | 155.29M |
| Change in cash | -18.52M | 14.57M | -2.40M | -8.28M | -20.95M |
| Begin period cash flow | 50.51M | 35.94M | 38.34M | 46.62M | 67.57M |
| End period cash flow | 32.00M | 50.51M | 35.94M | 38.34M | 46.62M |
| Total cash from operating activities | -370.45M | 21.70M | 202.16M | -41.93M | -116.72M |
| Issuance of capital stock | 5.62M | 7.11M | 4.26M | 2.89M | 2.69M |
| Depreciation | 1.58M | 1.15M | 0.71M | 0.64M | 0.71M |
| Other cashflows from investing activities | - | -66.97M | - | -1.06M | -74.46M |
| Dividends paid | - | -1239.82M | -377.06M | - | 612.72M |
| Change to inventory | -823.92M | -463.64M | -70.23M | -266.65M | -234.66M |
| Change to account receivables | 32.77M | 58.03M | -59.55M | -13.55M | 1.87M |
| Sale purchase of stock | -95.10M | -193.78M | -48.08M | 2.89M | -1.51M |
| Other cashflows from financing activities | 764.20M | 2458.75M | 751.97M | 306.32M | 1218.48M |
| Change to netincome | -0.97M | 27.64M | 11.15M | 5.91M | 8.81M |
| Capital expenditures | 1.19M | 1.73M | 2.69M | 0.73M | 0.47M |
| Change receivables | 32.77M | 58.03M | -59.55M | -13.55M | 1.87M |
| Cash flows other operating | 24.37M | -25.45M | -25.65M | 14.73M | -20.25M |
| Cash and cash equivalents changes | -18.52M | 14.57M | -2.40M | -8.28M | -20.95M |
| Change in working capital | -697.62M | -436.74M | -133.59M | -227.10M | -281.53M |
| Stock based compensation | 9.19M | 13.60M | 13.52M | 7.54M | 5.94M |
| Other non cash items | -10.18M | 13.26M | -0.00M | 0.21M | 3.59M |
| Free cash flow | -371.64M | 19.97M | 199.47M | -42.67M | -117.20M |
Sector: Consumer Cyclical Industry: Residential Construction
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| LGIH LGI Homes |
-1.58 3.35% |
45.57 | 11.86 | 11.12 | 0.98 | 1.25 | 1.54 | 15.40 |
| DHI DR Horton Inc |
-5.35 3.39% |
152.28 | 15.22 | 15.31 | 1.41 | 1.85 | 1.42 | 11.25 |
| LEN Lennar Corporation |
-2.97 3.24% |
88.62 | 10.74 | 10.32 | 1.20 | 1.57 | 1.10 | 6.86 |
| PHM PulteGroup Inc |
-2.66 1.97% |
132.49 | 8.37 | 9.75 | 1.29 | 2.22 | 1.33 | 6.07 |
| LEN-B Lennar Corporation |
-2.49 2.79% |
86.84 | 12.33 | 12.06 | 0.58 | 0.88 | 0.71 | 10.61 |
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. It serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
1450 Lake Robbins Drive, The Woodlands, TX, United States, 77380
281 362 8998
1000
| Name | Title | Year Born |
|---|---|---|
| Mr. Eric Thomas Lipar | Chairman & CEO | 1971 |
| Mr. Michael Larry Snider | Pres & COO | 1971 |
| Mr. Charles Michael Merdian | CFO & Treasurer | 1970 |
| Ms. Rachel Lyons Eaton | Chief Marketing Officer | 1982 |
| Joshua D. Fattor | VP of Investor Relations & Capital Markets | NA |
| Mr. Scott J. Garber | Gen. Counsel & Corp. Sec. | 1972 |
| Mr. Chris Kelly | Southwest Division Pres | NA |
| Mr. Michael Larry Snider | President & COO | 1971 |
| Mr. Scott J. Garber | General Counsel & Corporate Secretary | 1972 |
| Joshua D. Fattor | Vice President of Investor Relations & Capital Markets | NA |
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