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OFFON

LGI HOMES, INC.

(LGIH)
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LGI Homes Reports November 2021 Home Closings

12/03/2021 | 05:47pm EST

THE WOODLANDS, Texas, Dec. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 797 homes in November 2021. The Company ended the first eleven months of 2021 with 9,438 home closings, a 22.4% increase over 7,709 home closings during the first eleven months of 2020.

As of November 30, 2021, the Company had 104 active selling communities.

About LGI Homes, Inc.

LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 18 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 19 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally recognized for its quality construction and exceptional customer service, LGI Homes’ commitment to excellence extends to its more than 900 employees, earning the Company numerous workplace awards at the local, state and national level, including Top Workplaces USA’s 2021 Cultural Excellence Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.

CONTACT:
Joshua D. Fattor
Vice President of Investor Relations
(281) 210-2586
investorrelations@lgihomes.com


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Analyst Recommendations on LGI HOMES, INC.
More recommendations
Financials (USD)
Sales 2021 3 007 M - -
Net income 2021 427 M - -
Net Debt 2021 507 M - -
P/E ratio 2021 7,52x
Yield 2021 -
Capitalization 3 110 M 3 110 M -
EV / Sales 2021 1,20x
EV / Sales 2022 1,24x
Nbr of Employees 938
Free-Float 80,1%
Chart LGI HOMES, INC.
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LGI Homes, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends LGI HOMES, INC.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Last Close Price 128,14 $
Average target price 146,50 $
Spread / Average Target 14,3%
EPS Revisions
Managers and Directors
Eric Thomas Lipar Chief Executive Officer
Michael Larry Snider President & Chief Operating Officer
Charles Michael Merdian Controller
Bryan Christopher Sansbury Lead Independent Director
Robert Karnig Vahradian Independent Director
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