LGIH · NASDAQ · Residential Construction

LGI Homes (LGIH)

Builds starter, active-adult, luxury, and wholesale homes across U.S. markets.

$52.20
After hours0.00 (0.00%)
At close$52.20(+4.59%)
Loading prices…

LGI Homes, Inc.LGIH
Consumer Discretionary

Designs, constructs, and sells new homes across U.S. markets, anchored by entry-level communities marketed directly to renters and first-time buyers. Revenue comes from home closings under LGI Homes, Terrata Homes, active-adult offerings, and wholesale sales to single-family-rental buyers.

Designs, constructs, and sells new homes in U.S. markets, with the LGI Homes brand centered on attached and detached entry-level homes and active-adult offerings. The original model marketed affordable homes directly to renters and remains tied to first-time-buyer conversion.

Terrata Homes extends the platform into move-up and luxury homes with preselected features, while the wholesale business builds homes for companies acquiring single-family rental properties. Operations are organized through regional homebuilding segments across the Central, Southeast, Northwest, West, and Florida markets.

Execution depends on finding land, building efficiently, and converting demand in mortgage-sensitive local housing markets. The business competes with national, regional, and local builders for buyers, land, materials, labor, and financing.

Company facts

CEOEric Lipar
ListedNov 7, 2013
ExchangeNASDAQ
HeadquartersThe Woodlands, TX
CountryUnited States
Employees1,056
CIK0001580670
ISINUS50187T1060

Market cap$1.16B
EPS (ttm)$2.85
P/E (ttm)17.51
ROE3.1%
P/B0.5437
P/S0.6795
Dividend yieldDiv yield
Beta1.50vs XLY 1.32

Price target$85.00+63.0%Average of 13 analysts
ConsensusBuy7 of 13 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Oct 9, 2025Capital One FinancialTarget
Target:
Target: $60
Jan 27, 2025Seaport GlobalUpgrade
Rating: Sell
Rating: Neutral

Next report
Nov 3, 26
in 42 days
EPS estimate
$0.86
Revenue estimate
$468.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$2.15$0.17$1.36$0.85$0.97$0.24$1.16Pending
Estimate$2.31$0.75$1.21$0.94$0.96$0.19$0.98$0.86
Surprise−6.9%−77.3%+12.4%−9.6%+1.0%+26.3%+18.7%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$557.4M$351.4M$483.5M$396.6M$474.0M$319.7M$516.0MPending
Estimate$486.2M$348.5M$460.0M$500.2M$489.4M$328.2M$489.2M$468.1M
Surprise+14.6%+0.8%+5.1%−20.7%−3.2%−2.6%+5.5%
Estimate$0.86
ReportedDue Nov 3, 2026
Estimate$468.1M
ReportedDue Nov 3, 2026
View details

Debt to equity74.30%
Current ratio1,806.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$651.9M$557.4M$351.4M$483.5M$396.6M$474.0M$319.7M$516.0M
Net income$69.6M$50.9M$4.0M$31.5M$19.7M$17.3M$2.2M$27.0M
Net margin10.7%9.1%1.1%6.5%5.0%3.7%0.7%5.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$80.3M$45.6M$169.0K$39.6M$21.5M$18.5M−$582.0K$29.0M
YoY growth−2.4%−23.8%−99.1%−41.3%−73.2%−59.4%Turned loss−26.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $61.1M · Total debt $1.59B · Total assets $3.92B · Shareholders' equity $2.13B

Revenue
$516.0M
Operating income
$29.0M
Net income
$27.0M
View details

No dividends on record.

Institutions93.51%21.74M shares
266 holders · as of Jun 30, 2026
Insiders4.77%1.11M shares
10 holders · as of Mar 10, 2026
Strategic holders26.21%6.09M shares
3 holders · as of Jan 27, 2022
Adds to124.49%

23.25M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 124.49%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Strategic
16.61%3.86Mfiled Jan 27, 2022
BlackRock, Inc.Institution
15.32%3.56Mas of Jun 30, 2026
FMR LLCStrategic
5.59%1.30Mfiled Feb 13, 2018
Vanguard Portfolio Management LLCInstitution
5.56%1.29Mas of Jun 30, 2026
State Street CorpInstitution
5.19%1.21Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 9, 2026Scott James Garberofficer: General Counsel and Secretary−1,353$42.04
Mar 9, 2026Eric Thomas Lipardirector, 10 percent owner, officer: CEO and Chairman of the Board−39,898$42.00
Mar 9, 2026Charles Michael Merdianofficer: CFO and Treasurer−7,211$42.04
Mar 9, 2026Michael Larry Sniderofficer: President and COO−13,887$42.04
View details

  • D.R. Horton

    Scale leader across entry-level, move-up, active-adult and rentals

  • Lennar

    Large national builder across affordable, move-up, active-adult and rental

  • PulteGroup

    Diversified Centex, Pulte and Del Webb brands across buyer life stages

  • Meritage Homes

    Affordable move-in-ready homes for first-time and first move-up buyers

  • KB Home

    Personalized affordable homes for first-time and first move-up buyers

  • Century Communities

    Affordable spec homes, online sales and Century Complete entry-level focus

  • Dream Finders Homes

    Asset-light Sun Belt builder with entry-level, move-up and BFR exposure

CompareAfter hours

CompanyPriceChange
LGI Homes$52.200.00%$1.16B17.515.80.7+6.7%
D.R. Horton$144.110.00%$38.95B13.312.91.2+0.0%
Lennar$83.29+0.29%$19.39B14.816.80.6−9.0%
PulteGroup$121.92−0.32%$22.96B12.211.51.4−9.6%
Meritage Homes$66.40+0.02%$4.29B13.512.30.8−14.3%
KB Home$47.62−2.06%$2.93B11.611.40.5−20.0%
Century Communities$63.87−0.13%$1.75B13.613.90.4−7.3%
Dream Finders Homes$12.26+0.04%$1.05B7.712.30.3−7.6%
Median13.312.30.6−9.0%