Company
LGI Homes, Inc.
Headquarters: The Woodlands, TX, United States
Founded: 2003 as Lippar Group Inc.
Employees: 952
CEO: Mr. Eric Thomas Lipar
Market Cap
$2.96 Billion
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Residential Construction
| Company | Market Cap (USD) |
|---|---|
| D.R. Horton, Inc. | $49.27 B |
| Lennar Corporation | $40.96 B |
| NVR, Inc. | $22.09 B |
| PulteGroup, Inc. | $21.66 B |
| Sekisui House Ltd | $14.95 B |
Detailed Description
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to companies looking to acquire single-family rental properties. As of December 31, 2021, it owned 101 communities. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, and Pennsylvania. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
Top 1-year algo backtest: +284.14%
$10,000 in April 2023 would now be $38,414 by following this algorithm daily at market close.
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Stocks & Indices
LGI Homes, Inc. has the following listings and related stock indices.
Stock: NASDAQ: LGIH wb_incandescent
Stock: FSX: LG1 wb_incandescent
Key People
Thomas Lipar, Founder Eric Lipar, CEO Mike Snider, President
Financials
Revenue: $1.8 billion (2019)