Intrinsic value of LGI Homes - LGIH

Previous Close

$71.33

  Intrinsic Value

$750.39

stock screener

  Rating & Target

str. buy

+952%

Previous close

$71.33

 
Intrinsic value

$750.39

 
Up/down potential

+952%

 
Rating

str. buy

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of LGIH stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  33.02
  60.00
  54.50
  49.55
  45.10
  41.09
  37.48
  34.23
  31.31
  28.68
  26.31
  24.18
  22.26
  20.53
  18.98
  17.58
  16.32
  15.19
  14.17
  13.26
  12.43
  11.69
  11.02
  10.42
  9.87
  9.39
  8.95
  8.55
  8.20
  7.88
  7.59
Revenue, $m
  838
  1,341
  2,072
  3,098
  4,495
  6,342
  8,719
  11,703
  15,367
  19,773
  24,975
  31,013
  37,917
  45,702
  54,377
  63,937
  74,374
  85,673
  97,815
  110,781
  124,550
  139,106
  154,433
  170,519
  187,357
  204,945
  223,284
  242,383
  262,254
  282,915
  304,390
Variable operating expenses, $m
 
  1,134
  1,753
  2,621
  3,803
  5,365
  7,376
  9,901
  13,000
  16,728
  21,129
  26,237
  32,077
  38,664
  46,003
  54,091
  62,921
  72,479
  82,752
  93,720
  105,370
  117,684
  130,650
  144,259
  158,504
  173,383
  188,898
  205,056
  221,867
  239,346
  257,514
Fixed operating expenses, $m
 
  18
  19
  19
  20
  20
  21
  21
  22
  22
  23
  24
  24
  25
  25
  26
  27
  27
  28
  29
  29
  30
  31
  32
  33
  33
  34
  35
  36
  37
  38
Total operating expenses, $m
  727
  1,152
  1,772
  2,640
  3,823
  5,385
  7,397
  9,922
  13,022
  16,750
  21,152
  26,261
  32,101
  38,689
  46,028
  54,117
  62,948
  72,506
  82,780
  93,749
  105,399
  117,714
  130,681
  144,291
  158,537
  173,416
  188,932
  205,091
  221,903
  239,383
  257,552
Operating income, $m
  111
  188
  300
  458
  672
  956
  1,322
  1,781
  2,345
  3,023
  3,823
  4,752
  5,815
  7,013
  8,349
  9,820
  11,427
  13,166
  15,035
  17,031
  19,151
  21,392
  23,752
  26,228
  28,820
  31,528
  34,352
  37,292
  40,351
  43,532
  46,838
EBITDA, $m
  112
  190
  303
  462
  678
  964
  1,333
  1,795
  2,363
  3,047
  3,854
  4,791
  5,862
  7,070
  8,415
  9,899
  11,518
  13,272
  15,156
  17,168
  19,305
  21,563
  23,942
  26,438
  29,051
  31,780
  34,626
  37,590
  40,674
  43,880
  47,213
Interest expense (income), $m
  14
  16
  27
  43
  66
  96
  137
  189
  255
  335
  432
  546
  678
  830
  1,001
  1,191
  1,401
  1,630
  1,878
  2,145
  2,430
  2,732
  3,052
  3,388
  3,741
  4,111
  4,497
  4,900
  5,319
  5,755
  6,209
Earnings before tax, $m
  114
  172
  273
  415
  607
  860
  1,185
  1,592
  2,090
  2,688
  3,391
  4,207
  5,136
  6,183
  7,348
  8,629
  10,026
  11,536
  13,157
  14,886
  16,722
  18,660
  20,700
  22,840
  25,079
  27,417
  29,855
  32,392
  35,032
  37,777
  40,630
Tax expense, $m
  39
  46
  74
  112
  164
  232
  320
  430
  564
  726
  916
  1,136
  1,387
  1,669
  1,984
  2,330
  2,707
  3,115
  3,552
  4,019
  4,515
  5,038
  5,589
  6,167
  6,771
  7,403
  8,061
  8,746
  9,459
  10,200
  10,970
Net income, $m
  75
  126
  199
  303
  443
  628
  865
  1,162
  1,526
  1,962
  2,476
  3,071
  3,750
  4,514
  5,364
  6,299
  7,319
  8,421
  9,605
  10,867
  12,207
  13,622
  15,111
  16,673
  18,308
  20,015
  21,794
  23,646
  25,574
  27,577
  29,660

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  50
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  815
  1,224
  1,892
  2,829
  4,105
  5,792
  7,962
  10,688
  14,033
  18,058
  22,808
  28,323
  34,627
  41,737
  49,659
  58,390
  67,922
  78,240
  89,329
  101,170
  113,745
  127,038
  141,035
  155,725
  171,102
  187,164
  203,912
  221,354
  239,501
  258,370
  277,982
Adjusted assets (=assets-cash), $m
  765
  1,224
  1,892
  2,829
  4,105
  5,792
  7,962
  10,688
  14,033
  18,058
  22,808
  28,323
  34,627
  41,737
  49,659
  58,390
  67,922
  78,240
  89,329
  101,170
  113,745
  127,038
  141,035
  155,725
  171,102
  187,164
  203,912
  221,354
  239,501
  258,370
  277,982
Revenue / Adjusted assets
  1.095
  1.096
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
  1.095
Average production assets, $m
  13
  21
  33
  50
  72
  101
  139
  187
  246
  316
  400
  496
  607
  731
  870
  1,023
  1,190
  1,371
  1,565
  1,772
  1,993
  2,226
  2,471
  2,728
  2,998
  3,279
  3,573
  3,878
  4,196
  4,527
  4,870
Working capital, $m
  0
  -80
  -124
  -186
  -270
  -381
  -523
  -702
  -922
  -1,186
  -1,498
  -1,861
  -2,275
  -2,742
  -3,263
  -3,836
  -4,462
  -5,140
  -5,869
  -6,647
  -7,473
  -8,346
  -9,266
  -10,231
  -11,241
  -12,297
  -13,397
  -14,543
  -15,735
  -16,975
  -18,263
Total debt, $m
  400
  676
  1,077
  1,640
  2,407
  3,421
  4,725
  6,363
  8,374
  10,793
  13,648
  16,962
  20,751
  25,024
  29,785
  35,033
  40,761
  46,962
  53,627
  60,743
  68,301
  76,290
  84,702
  93,531
  102,773
  112,426
  122,491
  132,974
  143,880
  155,221
  167,007
Total liabilities, $m
  459
  736
  1,137
  1,700
  2,467
  3,481
  4,785
  6,423
  8,434
  10,853
  13,708
  17,022
  20,811
  25,084
  29,845
  35,093
  40,821
  47,022
  53,687
  60,803
  68,361
  76,350
  84,762
  93,591
  102,833
  112,486
  122,551
  133,034
  143,940
  155,281
  167,067
Total equity, $m
  355
  489
  755
  1,129
  1,638
  2,311
  3,177
  4,264
  5,599
  7,205
  9,100
  11,301
  13,816
  16,653
  19,814
  23,298
  27,101
  31,218
  35,642
  40,367
  45,384
  50,688
  56,273
  62,134
  68,270
  74,678
  81,361
  88,320
  95,561
  103,090
  110,915
Total liabilities and equity, $m
  814
  1,225
  1,892
  2,829
  4,105
  5,792
  7,962
  10,687
  14,033
  18,058
  22,808
  28,323
  34,627
  41,737
  49,659
  58,391
  67,922
  78,240
  89,329
  101,170
  113,745
  127,038
  141,035
  155,725
  171,103
  187,164
  203,912
  221,354
  239,501
  258,371
  277,982
Debt-to-equity ratio
  1.127
  1.380
  1.430
  1.450
  1.470
  1.480
  1.490
  1.490
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.500
  1.510
  1.510
  1.510
  1.510
  1.510
  1.510
  1.510
  1.510
  1.510
  1.510
Adjusted equity ratio
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399
  0.399

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  75
  126
  199
  303
  443
  628
  865
  1,162
  1,526
  1,962
  2,476
  3,071
  3,750
  4,514
  5,364
  6,299
  7,319
  8,421
  9,605
  10,867
  12,207
  13,622
  15,111
  16,673
  18,308
  20,015
  21,794
  23,646
  25,574
  27,577
  29,660
Depreciation, amort., depletion, $m
  1
  2
  3
  4
  6
  8
  11
  14
  19
  24
  31
  38
  47
  56
  67
  79
  92
  105
  120
  136
  153
  171
  190
  210
  231
  252
  275
  298
  323
  348
  375
Funds from operations, $m
  -293
  127
  202
  306
  448
  636
  876
  1,176
  1,545
  1,986
  2,506
  3,109
  3,796
  4,570
  5,431
  6,378
  7,410
  8,527
  9,725
  11,003
  12,360
  13,793
  15,301
  16,883
  18,538
  20,267
  22,069
  23,945
  25,896
  27,925
  30,034
Change in working capital, $m
  -185
  -30
  -44
  -62
  -84
  -111
  -143
  -179
  -220
  -264
  -312
  -362
  -414
  -467
  -520
  -574
  -626
  -678
  -729
  -778
  -826
  -873
  -920
  -965
  -1,010
  -1,055
  -1,100
  -1,146
  -1,192
  -1,240
  -1,288
Cash from operations, $m
  -108
  157
  246
  368
  532
  746
  1,018
  1,355
  1,764
  2,251
  2,819
  3,471
  4,210
  5,037
  5,951
  6,951
  8,036
  9,205
  10,453
  11,781
  13,186
  14,666
  16,221
  17,848
  19,549
  21,322
  23,169
  25,091
  27,089
  29,165
  31,323
Maintenance CAPEX, $m
  0
  -1
  -2
  -3
  -4
  -6
  -8
  -11
  -14
  -19
  -24
  -31
  -38
  -47
  -56
  -67
  -79
  -92
  -105
  -120
  -136
  -153
  -171
  -190
  -210
  -231
  -252
  -275
  -298
  -323
  -348
New CAPEX, $m
  -1
  -8
  -12
  -16
  -22
  -30
  -38
  -48
  -59
  -71
  -83
  -97
  -110
  -125
  -139
  -153
  -167
  -181
  -194
  -207
  -220
  -233
  -245
  -257
  -269
  -281
  -293
  -306
  -318
  -331
  -344
Cash from investing activities, $m
  -1
  -9
  -14
  -19
  -26
  -36
  -46
  -59
  -73
  -90
  -107
  -128
  -148
  -172
  -195
  -220
  -246
  -273
  -299
  -327
  -356
  -386
  -416
  -447
  -479
  -512
  -545
  -581
  -616
  -654
  -692
Free cash flow, $m
  -109
  148
  232
  349
  506
  711
  973
  1,297
  1,691
  2,161
  2,711
  3,344
  4,062
  4,866
  5,756
  6,732
  7,791
  8,932
  10,154
  11,454
  12,830
  14,280
  15,804
  17,401
  19,069
  20,810
  22,623
  24,510
  26,472
  28,512
  30,631
Issuance/(repayment) of debt, $m
  95
  276
  401
  563
  767
  1,014
  1,304
  1,638
  2,011
  2,419
  2,855
  3,314
  3,789
  4,273
  4,761
  5,247
  5,729
  6,201
  6,664
  7,116
  7,558
  7,989
  8,412
  8,829
  9,242
  9,653
  10,066
  10,483
  10,906
  11,340
  11,787
Issuance/(repurchase) of shares, $m
  29
  58
  67
  71
  66
  45
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  121
  334
  468
  634
  833
  1,059
  1,305
  1,638
  2,011
  2,419
  2,855
  3,314
  3,789
  4,273
  4,761
  5,247
  5,729
  6,201
  6,664
  7,116
  7,558
  7,989
  8,412
  8,829
  9,242
  9,653
  10,066
  10,483
  10,906
  11,340
  11,787
Total cash flow (excl. dividends), $m
  12
  482
  700
  984
  1,339
  1,770
  2,278
  2,935
  3,702
  4,580
  5,566
  6,658
  7,851
  9,139
  10,517
  11,979
  13,519
  15,134
  16,818
  18,570
  20,387
  22,269
  24,217
  26,230
  28,311
  30,463
  32,689
  34,993
  37,379
  39,852
  42,418
Retained Cash Flow (-), $m
  -108
  -184
  -266
  -374
  -509
  -673
  -866
  -1,087
  -1,335
  -1,606
  -1,895
  -2,200
  -2,515
  -2,837
  -3,161
  -3,484
  -3,803
  -4,117
  -4,424
  -4,724
  -5,017
  -5,304
  -5,585
  -5,862
  -6,136
  -6,409
  -6,683
  -6,959
  -7,241
  -7,529
  -7,825
Prev. year cash balance distribution, $m
 
  50
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  348
  434
  610
  830
  1,097
  1,412
  1,848
  2,367
  2,974
  3,671
  4,458
  5,335
  6,302
  7,356
  8,495
  9,716
  11,017
  12,394
  13,845
  15,370
  16,965
  18,632
  20,368
  22,176
  24,055
  26,006
  28,033
  30,138
  32,323
  34,592
Discount rate, %
 
  7.50
  7.88
  8.27
  8.68
  9.12
  9.57
  10.05
  10.55
  11.08
  11.63
  12.22
  12.83
  13.47
  14.14
  14.85
  15.59
  16.37
  17.19
  18.05
  18.95
  19.90
  20.89
  21.94
  23.04
  24.19
  25.40
  26.67
  28.00
  29.40
  30.87
PV of cash for distribution, $m
 
  324
  373
  480
  595
  709
  816
  945
  1,061
  1,155
  1,221
  1,255
  1,254
  1,219
  1,155
  1,065
  956
  837
  713
  592
  478
  375
  287
  213
  153
  107
  72
  47
  30
  18
  11
Current shareholders' claim on cash, %
  100
  95.9
  93.0
  91.1
  89.9
  89.4
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3
  89.3

LGI Homes, Inc. is a homebuilder and land developer. The Company is engaged in the design, construction, marketing and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington and Tennessee. The Company operates through five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division. The Texas division includes homebuilding operations in Houston, Dallas/Fort Worth, San Antonio and Austin locations. The Southwest division includes homebuilding operations in Phoenix, Tucson, Albuquerque, Denver and Colorado Springs locations. The Southeast division includes homebuilding operations in Atlanta, Charlotte and Nashville locations. The Florida division includes homebuilding operations in Tampa, Orlando, Fort Myers and Jacksonville locations. The Northwest division includes homebuilding operations in Seattle location.

FINANCIAL RATIOS  of  LGI Homes (LGIH)

Valuation Ratios
P/E Ratio 20.3
Price to Sales 1.8
Price to Book 4.3
Price to Tangible Book
Price to Cash Flow -14.1
Price to Free Cash Flow -13.9
Growth Rates
Sales Growth Rate 33%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 0%
Cap. Spend. - 3 Yr. Gr. Rate NaN%
Financial Strength
Quick Ratio NaN
Current Ratio NaN
LT Debt to Equity 112.7%
Total Debt to Equity 112.7%
Interest Coverage 9
Management Effectiveness
Return On Assets 11.7%
Ret/ On Assets - 3 Yr. Avg. 10.8%
Return On Total Capital 11.5%
Ret/ On T. Cap. - 3 Yr. Avg. 10.7%
Return On Equity 24.9%
Return On Equity - 3 Yr. Avg. 21.9%
Asset Turnover 1.2
Profitability Ratios
Gross Margin 26.5%
Gross Margin - 3 Yr. Avg. 26.6%
EBITDA Margin 15.4%
EBITDA Margin - 3 Yr. Avg. 14.1%
Operating Margin 13.2%
Oper. Margin - 3 Yr. Avg. 12.3%
Pre-Tax Margin 13.6%
Pre-Tax Margin - 3 Yr. Avg. 12.5%
Net Profit Margin 8.9%
Net Profit Margin - 3 Yr. Avg. 8.2%
Effective Tax Rate 34.2%
Eff/ Tax Rate - 3 Yr. Avg. 34.3%
Payout Ratio 0%

LGIH stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the LGIH stock intrinsic value calculation we used $838 million for the last fiscal year's total revenue generated by LGI Homes. The default revenue input number comes from 2016 income statement of LGI Homes. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our LGIH stock valuation model: a) initial revenue growth rate of 60% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 7.5%, whose default value for LGIH is calculated based on our internal credit rating of LGI Homes, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of LGI Homes.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of LGIH stock the variable cost ratio is equal to 84.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $18 million in the base year in the intrinsic value calculation for LGIH stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 4% for LGI Homes.

Corporate tax rate of 27% is the nominal tax rate for LGI Homes. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the LGIH stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for LGIH are equal to 1.6%.

Life of production assets of 13 years is the average useful life of capital assets used in LGI Homes operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for LGIH is equal to -6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $355 million for LGI Homes - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 22.124 million for LGI Homes is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of LGI Homes at the current share price and the inputted number of shares is $1.6 billion.

RELATED COMPANIES Price Int.Val. Rating
TOL Toll Brothers 51.88 71.02  buy
LEN Lennar Cl A 71.82 102.56  str.buy
KBH KB Home 34.99 91.38  str.buy
MDC M.D.C. Holding 34.46 19.56  sell
DHI D.R. Horton 51.48 62.39  buy
BZH Beazer Homes U 20.47 13.21  sell
MTH Meritage Homes 52.15 47.98  hold
MHO M/I Homes 36.46 33.46  hold
WLH William Lyon H 32.43 101.80  str.buy

COMPANY NEWS

▶ Ride the Momentum With These 4 Hot Stocks   [Jan-18-18 09:00AM  Zacks]
▶ LGI Homes Expands Into New Community in Dallas   [Jan-11-18 07:00AM  GlobeNewswire]
▶ Anatomy of Success: LGI Homes (LGIH)   [Jan-02-18 03:46PM  Zacks]
▶ What to expect from the housing market in 2018   [Dec-29-17 10:31AM  Yahoo Finance]
▶ LGI Homes Now Open at Newport on Lake Houston   [Dec-27-17 07:00AM  GlobeNewswire]
▶ ETFs with exposure to LGI Homes, Inc. : December 25, 2017   [Dec-25-17 12:05PM  Capital Cube]
▶ LGI Homes Opens New Community in Houston   [Dec-14-17 06:00PM  GlobeNewswire]
▶ ETFs with exposure to LGI Homes, Inc. : December 12, 2017   [Dec-12-17 01:31PM  Capital Cube]
▶ Silicon Valley Is One of Three Big Winners From Tax Reform   [Dec-10-17 12:00PM  TheStreet.com]
▶ LGI Homes, Inc. Reports November 2017 Home Closings   [Dec-05-17 06:54PM  GlobeNewswire]
▶ ETFs with exposure to LGI Homes, Inc. : November 27, 2017   [Nov-27-17 02:32PM  Capital Cube]
▶ 5 Small Growth Stocks With Big Upside: Wasatch   [Nov-08-17 08:00AM  Investopedia]
▶ LGI Homes beats Street 3Q forecasts   [Nov-07-17 07:21AM  Associated Press]
▶ LGI Homes, Inc. Reports October 2017 Home Closings   [Nov-03-17 06:01PM  GlobeNewswire]
▶ 4 Best Performing Stocks of October   [Nov-01-17 09:57AM  Zacks]
▶ 7 Amazing Investments on America's New Housing Boom   [Oct-25-17 10:00PM  TheStreet.com]
▶ LGI Homes to Host 2017 Third Quarter Conference Call   [Oct-23-17 06:00PM  GlobeNewswire]
▶ 3 Top Housing Stocks   [Oct-18-17 01:16PM  Motley Fool]
▶ Netflix Breaks Out While Homebuilders Add To Rally   [Oct-05-17 03:30PM  Investor's Business Daily]
▶ 3 Value Stocks for Wise Investors   [06:02AM  Motley Fool]
▶ LGI Homes Opens New Community in Albuquerque   [Sep-27-17 08:00AM  GlobeNewswire]
▶ New-Home Sales Unexpectedly Fall, But These 3 Builders Are Near Buys   [Sep-26-17 04:06PM  Investor's Business Daily]
▶ LGI Homes Opens First Community in Winston-Salem   [Sep-18-17 08:00AM  GlobeNewswire]
▶ LGI Homes Unveils New Community in North Seattle   [Sep-07-17 08:00AM  GlobeNewswire]
▶ LGI Homes, Inc. Reports August 2017 Home Closings   [Sep-06-17 08:06PM  GlobeNewswire]
▶ LGI Homes Announces First Community in Minneapolis Market   [Sep-05-17 08:00AM  GlobeNewswire]
▶ LGI Homes Sunset Farm Community Offers Last Chance to Own   [Aug-22-17 08:00AM  GlobeNewswire]
▶ ETFs with exposure to LGI Homes, Inc. : August 21, 2017   [Aug-21-17 04:32PM  Capital Cube]
▶ LGI Homes tops Street 2Q forecasts   [Aug-08-17 06:47PM  Associated Press]
▶ Top Fund Managers Are Buying These 4 Highly Rated Stocks   [Aug-04-17 12:45PM  Investor's Business Daily]
▶ LGI Homes, Inc. Reports July 2017 Home Closings   [Aug-03-17 07:11PM  GlobeNewswire]
▶ LGI Homes Opens New Albuquerque Area Community   [Aug-02-17 08:00AM  GlobeNewswire]
▶ As Homebuilders Wrap Up Earnings Season, 3 Key Names Yet To Report   [Jul-31-17 07:00PM  Investor's Business Daily]
▶ LGI Homes Opens Two New Communities in Houston Market   [Jul-26-17 08:00AM  GlobeNewswire]
▶ LGI Homes to Host 2017 Second Quarter Conference Call   [Jul-25-17 04:15PM  GlobeNewswire]
▶ LGI Homes Now Building in Vanderbilt Farms in Tucson   [Jul-18-17 08:00AM  GlobeNewswire]
▶ LGI Homes Opens First Terrata Homes Community in Phoenix   [Jul-17-17 06:41PM  GlobeNewswire]
▶ LGI Homes Now Building in Thornton, Colorado   [Jul-13-17 08:00AM  GlobeNewswire]
▶ LGI Homes Debuts New Community in Fort Mill   [Jul-11-17 05:00PM  GlobeNewswire]
▶ This Top-Ranked Industry Just Got A Slew Of Stock Rating Upgrades   [Jul-10-17 04:26PM  Investor's Business Daily]
▶ These 2 Stocks With 95+ Composite Ratings Enter Buy Zones   [04:24PM  Investor's Business Daily]
▶ Stocks Up Nicely; McDonald's May Have New Trend To Tap   [12:11PM  Investor's Business Daily]
▶ Strong June Closings Data Boosts LGI Homes   [04:24AM  Investor's Business Daily]
▶ LGI Homes, Inc. Reports Record Home Closings for May 2017   [Jun-05-17 06:18PM  GlobeNewswire]
▶ ETFs with exposure to LGI Homes, Inc. : May 25, 2017   [May-25-17 12:42PM  Capital Cube]
▶ ETFs with exposure to LGI Homes, Inc. : May 12, 2017   [May-12-17 04:08PM  Capital Cube]
▶ Two Homebuilders Pop On Earnings As Group Looks To Regroup   [May-09-17 04:33PM  Investor's Business Daily]
▶ Why LGI Homes Stock Soared 10% Today   [12:58PM  Motley Fool]
▶ LGI Homes tops Street 1Q forecasts   [10:15AM  Associated Press]
▶ LGI Homes, Inc. Reports April 2017 Home Closings   [May-03-17 07:58PM  GlobeNewswire]
▶ Texas builder continues Triad expansion with 18-lot purchase   [Apr-24-17 11:04AM  American City Business Journals]
▶ LGI Homes to Host 2017 First Quarter Conference Call   [Apr-21-17 07:18PM  GlobeNewswire]
Financial statements of LGIH
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.