LGI Homes Net Worth
LGI Homes Net Worth Breakdown | LGIH |
LGI Homes Net Worth Analysis
LGI Homes' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including LGI Homes' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of LGI Homes' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform LGI Homes' net worth analysis. One common approach is to calculate LGI Homes' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares LGI Homes' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing LGI Homes' net worth. This approach calculates the present value of LGI Homes' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of LGI Homes' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate LGI Homes' net worth. This involves comparing LGI Homes' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into LGI Homes' net worth relative to its peers.
Enterprise Value |
|
To determine if LGI Homes is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding LGI Homes' net worth research are outlined below:
LGI Homes generated a negative expected return over the last 90 days | |
LGI Homes currently holds about 41.97 M in cash with (56.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.8. | |
LGI Homes has a poor financial position based on the latest SEC disclosures | |
Over 87.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: LGI Homes Opens a New Section at Morningstar Ranch in the Bakersfield Market |
LGI Homes uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in LGI Homes. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to LGI Homes' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
20th of February 2024 Upcoming Quarterly Report | View | |
7th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
20th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
LGI Homes Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. LGI target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. LGI Homes' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
6 | Hold |
Most LGI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand LGI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of LGI Homes, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationLGI Homes Target Price Projection
LGI Homes' current and average target prices are 99.42 and 128.25, respectively. The current price of LGI Homes is the price at which LGI Homes is currently trading. On the other hand, LGI Homes' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On LGI Homes Target Price
Know LGI Homes' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as LGI Homes is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LGI Homes backward and forwards among themselves. LGI Homes' institutional investor refers to the entity that pools money to purchase LGI Homes' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Goldman Sachs Group Inc | 2023-12-31 | 453.7 K | Citadel Advisors Llc | 2023-09-30 | 355.3 K | Charles Schwab Investment Management Inc | 2023-12-31 | 292.7 K | Next Century Growth Investors Llc | 2023-12-31 | 266.4 K | Gilder Gagnon Howe & Co Llc | 2023-12-31 | 256.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 239.7 K | Northern Trust Corp | 2023-12-31 | 208.7 K | Liontrust Investment Partners Llp | 2023-12-31 | 207.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 180.1 K | Blackrock Inc | 2023-12-31 | 3.4 M | Vanguard Group Inc | 2023-12-31 | 2.2 M |
Follow LGI Homes' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LGI Homes's market, we take the total number of its shares issued and multiply it by LGI Homes's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
|
Project LGI Homes' profitablity
LGI Homes' profitability indicators refer to fundamental financial ratios that showcase LGI Homes' ability to generate income relative to its revenue or operating costs. If, let's say, LGI Homes is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, LGI Homes' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of LGI Homes' profitability requires more research than a typical breakdown of LGI Homes' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.06 | 0.06 | |
Return On Capital Employed | 0.07 | 0.07 | |
Return On Assets | 0.06 | 0.06 | |
Return On Equity | 0.11 | 0.10 |
When accessing LGI Homes' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures LGI Homes' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of LGI Homes' profitability and make more informed investment decisions.
The data published in LGI Homes' official financial statements usually reflect LGI Homes' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of LGI Homes. For example, before you start analyzing numbers published by LGI accountants, it's critical to develop an understanding of what LGI Homes' liquidity, profitability, and earnings quality are in the context of the Household Durables space in which it operates.
Please note, the presentation of LGI Homes' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LGI Homes' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in LGI Homes' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of LGI Homes. Please utilize our Beneish M Score to check the likelihood of LGI Homes' management manipulating its earnings.
Evaluate LGI Homes' management efficiency
LGI Homes has return on total asset (ROA) of 0.0436 % which means that it generated a profit of $0.0436 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1069 %, meaning that it created $0.1069 on every $100 dollars invested by stockholders. LGI Homes' management efficiency ratios could be used to measure how well LGI Homes manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.06. The current Return On Capital Employed is estimated to decrease to 0.07. As of now, LGI Homes' Other Assets are increasing as compared to previous years. The LGI Homes' current Total Current Assets is estimated to increase to about 3.4 B, while Other Current Assets are projected to decrease to under 4.8 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 78.96 | 82.90 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 78.44 | 82.37 | |
Enterprise Value Over EBITDA | 18.84 | 13.88 | |
Price Book Value Ratio | 1.69 | 2.86 | |
Enterprise Value Multiple | 18.84 | 13.88 | |
Price Fair Value | 1.69 | 2.86 | |
Enterprise Value | 4 B | 4.2 B |
The analysis of LGI Homes' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze LGI Homes' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of LGI Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 1.5388 | Revenue 2.3 B | Quarterly Revenue Growth (0.20) | Revenue Per Share 96.028 | Return On Equity 0.1069 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific LGI Homes insiders, such as employees or executives, is commonly permitted as long as it does not rely on LGI Homes' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases LGI Homes insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Snider over a week ago Acquisition by Michael Snider of 8747 shares of LGI Homes subject to Rule 16b-3 | ||
Steven Smith over a month ago Acquisition by Steven Smith of 1490 shares of LGI Homes subject to Rule 16b-3 | ||
Jack Lipar over a month ago Acquisition by Jack Lipar of 6722 shares of LGI Homes subject to Rule 16b-3 | ||
Scott Garber over a month ago Acquisition by Scott Garber of 2750 shares of LGI Homes subject to Rule 16b-3 | ||
Eric Lipar over a month ago Disposition of 4390 shares by Eric Lipar of LGI Homes at 112.71 subject to Rule 16b-3 | ||
Charles Merdian over a month ago Disposition of 6284 shares by Charles Merdian of LGI Homes at 104.01 subject to Rule 16b-3 | ||
Scott Garber over two months ago Acquisition by Scott Garber of 2750 shares of LGI Homes subject to Rule 16b-3 |
LGI Homes Corporate Filings
8K | 30th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
15th of March 2024 Other Reports | ViewVerify | |
F4 | 12th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
LGI Homes Earnings Estimation Breakdown
The calculation of LGI Homes' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of LGI Homes is estimated to be 2.26 with the future projection ranging from a low of 1.93 to a high of 2.89. Please be aware that this consensus of annual earnings estimates for LGI Homes is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.93 Lowest | Expected EPS | 2.89 Highest |
LGI Homes Earnings Projection Consensus
Suppose the current estimates of LGI Homes' value are higher than the current market price of the LGI Homes stock. In this case, investors may conclude that LGI Homes is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and LGI Homes' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
6 | 80.4% | 0.72 | 2.26 | 8.0 |
LGI Homes Earnings per Share Projection vs Actual
Actual Earning per Share of LGI Homes refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering LGI Homes predict the company's earnings will be in the future. The higher the earnings per share of LGI Homes, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.LGI Homes Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as LGI Homes, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of LGI Homes should always be considered in relation to other companies to make a more educated investment decision.LGI Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact LGI Homes' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-04-30 | 2024-03-31 | 1.06 | 0.72 | -0.34 | 32 | ||
2024-02-20 | 2023-12-31 | 2.54 | 2.19 | -0.35 | 13 | ||
2023-10-31 | 2023-09-30 | 2.18 | 2.84 | 0.66 | 30 | ||
2023-08-01 | 2023-06-30 | 1.84 | 2.25 | 0.41 | 22 | ||
2023-05-02 | 2023-03-31 | 1.25 | 1.14 | -0.11 | 8 | ||
2023-02-21 | 2022-12-31 | 1.68 | 1.45 | -0.23 | 13 | ||
2022-11-01 | 2022-09-30 | 3.5 | 3.85 | 0.35 | 10 | ||
2022-08-02 | 2022-06-30 | 4.29 | 5.2 | 0.91 | 21 | ||
2022-05-03 | 2022-03-31 | 2.72 | 3.25 | 0.53 | 19 | ||
2022-02-15 | 2021-12-31 | 4.2 | 4.53 | 0.33 | 7 | ||
2021-11-02 | 2021-09-30 | 3.95 | 4.05 | 0.1 | 2 | ||
2021-08-03 | 2021-06-30 | 3.92 | 4.71 | 0.79 | 20 | ||
2021-05-04 | 2021-03-31 | 2.5 | 3.95 | 1.45 | 58 | ||
2021-02-23 | 2020-12-31 | 4.27 | 5.34 | 1.07 | 25 | ||
2020-11-03 | 2020-09-30 | 2.16 | 2.45 | 0.29 | 13 | ||
2020-08-04 | 2020-06-30 | 1.62 | 2.21 | 0.59 | 36 | ||
2020-05-05 | 2020-03-31 | 1.23 | 1.67 | 0.44 | 35 | ||
2020-02-25 | 2019-12-31 | 2.34 | 2.52 | 0.18 | 7 | ||
2019-11-05 | 2019-09-30 | 1.88 | 1.93 | 0.05 | 2 | ||
2019-08-06 | 2019-06-30 | 1.63 | 1.82 | 0.19 | 11 | ||
2019-05-07 | 2019-03-31 | 0.88 | 0.73 | -0.15 | 17 | ||
2019-02-26 | 2018-12-31 | 1.75 | 1.72 | -0.03 | 1 | ||
2018-11-06 | 2018-09-30 | 1.47 | 1.52 | 0.05 | 3 | ||
2018-08-07 | 2018-06-30 | 1.68 | 1.9 | 0.22 | 13 | ||
2018-05-08 | 2018-03-31 | 0.78 | 1.1 | 0.32 | 41 | ||
2018-02-27 | 2017-12-31 | 1.39 | 1.43 | 0.04 | 2 | ||
2017-11-07 | 2017-09-30 | 1.33 | 1.4 | 0.07 | 5 | ||
2017-08-08 | 2017-06-30 | 1.26 | 1.39 | 0.13 | 10 | ||
2017-05-09 | 2017-03-31 | 0.5 | 0.52 | 0.02 | 4 | ||
2017-03-07 | 2016-12-31 | 0.94 | 1.01 | 0.07 | 7 | ||
2016-11-08 | 2016-09-30 | 0.85 | 0.86 | 0.01 | 1 | ||
2016-08-09 | 2016-06-30 | 0.87 | 0.96 | 0.09 | 10 | ||
2016-05-10 | 2016-03-31 | 0.52 | 0.57 | 0.05 | 9 | ||
2016-03-09 | 2015-12-31 | 0.71 | 0.75 | 0.04 | 5 | ||
2015-11-04 | 2015-09-30 | 0.71 | 0.76 | 0.05 | 7 | ||
2015-08-05 | 2015-06-30 | 0.61 | 0.66 | 0.05 | 8 | ||
2015-05-07 | 2015-03-31 | 0.31 | 0.33 | 0.02 | 6 | ||
2015-03-12 | 2014-12-31 | 0.37 | 0.34 | -0.03 | 8 | ||
2014-11-11 | 2014-09-30 | 0.34 | 0.34 | 0.0 | 0 | ||
2014-08-12 | 2014-06-30 | 0.33 | 0.43 | 0.1 | 30 | ||
2014-05-16 | 2014-03-31 | 0.17 | 0.25 | 0.08 | 47 | ||
2014-03-31 | 2013-12-31 | 0.15 | 0.34 | 0.19 | 126 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in LGI Homes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
All Next | Launch Module |
LGI Homes Corporate Executives
Elected by the shareholders, the LGI Homes' board of directors comprises two types of representatives: LGI Homes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LGI. The board's role is to monitor LGI Homes' management team and ensure that shareholders' interests are well served. LGI Homes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LGI Homes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles Merdian | CFO, Treasurer and Secretary | Profile |
How to buy LGI Stock?
The net worth of LGI Homes is the difference between its total assets and liabilities. LGI Homes' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of LGI Homes' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. LGI Homes' net worth can be used as a measure of its financial health and stability which can help investors to decide if LGI Homes is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in LGI Homes stock.Already Invested in LGI Homes?
The danger of trading LGI Homes is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of LGI Homes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than LGI Homes. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LGI Homes is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for LGI Stock analysis
When running LGI Homes' price analysis, check to measure LGI Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LGI Homes is operating at the current time. Most of LGI Homes' value examination focuses on studying past and present price action to predict the probability of LGI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI Homes' price. Additionally, you may evaluate how the addition of LGI Homes to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is LGI Homes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGI Homes. If investors know LGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Earnings Share 8 | Revenue Per Share 96.028 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0436 |
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.