Added to YB: 2024-06-27
Pitch date: 2024-06-26
LGIH [bullish]
LGI Homes, Inc.
-45.06%
current return
Author Info
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Company Info
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.
Market Cap
$1.2B
Pitch Price
$88.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.77
P/E
11.54
EV/Sales
1.62
Sector
Household Durables
Category
growth
LGI Homes, Inc. - $LGIH
LGIH: Entry-level homebuilder, 6729 homes in 21 states (2023). Efficient ops, unique culture. 6x revenue, 6x EPS since 2014 IPO. CEO owns 9.8%. Raw land strategy for long-term growth. 2024 guidance: 7-8K homes, 23-24% GM. Est. 9-11% earnings yield. Long-term goal: Top 5 builder. Risks: interest rates, housing cycle. Strong margins, ROE vs peers.
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