LGI HOMES INC (LGIH)
Consumer Discretionary · Residential homebuilding · NASDAQ
Entry-level homebuilder constructing affordable, move-in-ready single-family homes across 21 states, targeting renters seeking homeownership despite persistent mortgage rate pressures.
What LGI HOMES INC does
LGI Homes designs, constructs, and sells new homes under the LGI Homes and Terrata Homes brands, with a primary focus on affordable entry-level properties for first-time homebuyers. Operating across 36 markets in 21 states, the company sells homes ranging from $192,000 to over $1.2 million, with typical completion times of 105–135 days. The company also operates a wholesale business for single-family rental properties and maintains a land acquisition and development operation to support community expansion.
Themes: ["Entry-level homebuilding","Affordable housing","First-time homebuyers","Rental-to-ownership conversion","Geographic diversification","Land development"]
Fundamentals
- Price$58.09 as of 2026-07-09 close
- Market cap$1.3B as of 2026-07-10
- 1-year return+5.3% as of 2026-07-09 close
- P/E18.75 as of 2026-07-10
- Net margin+4.2% as of 2026-07-10
- Gross margin+20.3% as of 2026-07-10
- ROE+3.4% as of 2026-07-10
- Debt / equity0.82 as of 2026-07-10
- Revenue growth (YoY)-22.6% as of 2026-07-10
- Revenue CAGR (3y)-9.5% SEC XBRL
- Beta1.85 as of 2026-07-10
Key risks (from latest filing)
["Persistent high mortgage rates and declining consumer sentiment pressure entry-level buyer affordability and demand, leading to reduced home closings (down 11.5% YoY in Q1 2026)","Macroeconomic uncertainty and geopolitical developments (e.g., Middle East conflict) drive inflation and mortgage rate volatility, impacting sales and margins","Gross profit margins compressed (18.7% in Q1 2026 vs. 21.0% prior year) due to inventory pressures and need for competitive discounts and financial incentives"]
Competitors & peers
- D.R. Horton
- Lennar
- Pulte Homes
- Toll Brothers
- Meritage Homes
- KB Home
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.