LGI HomesLGIH
About: LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring. They have seven operating segments ( Central, Midwest, Southeast, Mid-Atlantic, Northwest, West and Florida divisions) that it aggregates into five qualifying reportable segment. Majority of the revenue is generated from Central division segment.
Employees: 1,089
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 80
4% less call options, than puts
Call options by funds: $7.03M | Put options by funds: $7.3M
1.69% less ownership
Funds ownership: 86.36% [Q3] → 84.67% (-1.69%) [Q4]
12% less funds holding
Funds holding: 253 [Q3] → 222 (-31) [Q4]
26% less capital invested
Capital invested by funds: $2.4B [Q3] → $1.78B (-$624M) [Q4]
49% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 47
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Michael Rehaut 59% 1-year accuracy 10 / 17 met price target | 3%upside $80 | Underweight Maintained | 14 Jan 2025 |
JMP Securities Aaron Hecht 61% 1-year accuracy 33 / 54 met price target | 106%upside $160 | Market Outperform Reiterated | 10 Jan 2025 |
Financial journalist opinion
Based on 6 articles about LGIH published over the past 30 days
