- Investing.com
LGI Homes, Inc. engages in the design, construction, and sale of homes in the United States. It markets and sells attached and detached entry-level homes and active adult offerings under the LGI Homes brand; and luxury homes under the Terrata Homes brand. The company also engages in the wholesale business, which includes building and selling homes to large institutions interested in acquiring single-family rental properties. It operates 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.
Market Headwinds | LGI Homes faces challenges in the entry-level housing market, grappling with affordability issues and economic uncertainties impacting its target demographic. |
Growth Amid Adversity | Discover LGI's strategic community count expansion and its potential to drive higher earnings and ROE, despite current market pressures. |
Valuation Disconnect | Explore the significant discount in LGI's stock price, trading at 0.6 times book value compared to its historical 2 times, suggesting potential undervaluation. |
Analyst Outlook | Analysts maintain cautious optimism with price targets ranging from $140 to $160, reflecting long-term potential despite near-term challenges in the housing market. |
Metrics to compare | LGIH | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipLGIHPeersSector | |
---|---|---|---|---|
P/E Ratio | 9.2x | 12.1x | 11.2x | |
PEG Ratio | −0.47 | 0.36 | 0.02 | |
Price/Book | 0.7x | 2.7x | 1.4x | |
Price / LTM Sales | 0.7x | 2.5x | 1.0x | |
Upside (Analyst Target) | 37.3% | 13.6% | 16.6% | |
Fair Value Upside | Unlock | −9.0% | 8.2% | Unlock |