LGI Homes, Inc. · Operative Builders

LGIH

Low riskNext report: In 6 days (est.)

View price ↗

The short version

A profitable company with steady sales. Institutions are adding.

Going well

Profitable every year for 10 years

Watch out for

Revenue down 22.6% from the year before

Money moves

No insider buying or selling in the last 30 days
Institutions added 4.5% to their holdings in the quarter ending June 2026 (145 bought, 88 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$42.15-0.7% that day

Company value: $980M; Share price times all shares
Price vs profit (P/E): 14.8x; You pay about $15 for each $1 of yearly profit
Price vs sales: 0.57x; Company value is 0.57 times a year of sales
Cash vs value: 6%; Cash as a share of company value
Debt vs value: 169%; Owes more than the whole company is worth

From LGIH's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$516.0M+5.7% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $1.7B, down 17% from the 12 months before. Over 5 years, sales shrank about 6.4% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of LGIH. Starting points are the company's recent numbers.

Sales growth-10% a yearRecently: -17% a yearProfit margin4%Last 12 months: 3.9%P/E at the end15xToday: 14.8x. Many steady companies trade at 12x to 25xShare count change-1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$1.0B

Profit in 5 years$40M

Price these guesses point to$27.34-35% vs $42.15 todayAbout -8.3% a year, before dividends

What today's price needs: with a 4% margin and a 15x P/E, sales could shrink about 1.9% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

2/4Mixed

MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.3%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$140.9M
PassShare count not growingNot diluting owners. Falling means buybacks.-2.0% in 3 years

Revenue: $1.7B; -22.6% vs prior year
5-year growth: -6.4%/yr; revenue, per year
Total debt: $1.7B
Free cash flow: -$140.9M; -8.3% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 4

Revenue: $516.0M; +5.7% YoY
EPS: $1.16; vs $1.36
Gross margin: 19.7%; -2.8 pts
Free cash flow: $113.7M
Share count: +0.1%; vs a year ago

Insider rating

Last 90 days

No open-market insider buys or sells in the last 90 days.

Weekly insider trend

No trades to chart yet.

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 0.2
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+4.5%

Institutions added 4.5% to their holdings. 145 bought, 88 sold. 2 quarters of net buying in a row.

Shares held by institutions21.3M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-0.4%

Cash runwayAt last year's cash burn

5 months

Debt to equityLatest balance sheet: debt compared with what owners have

0.7x · $1.6B debt

Shares outstandingLatest reported

23M

Why low risk

Revenue down 22.6% from the year before
Auditor change

Earnings reports

Last 12

Next reportIn 6 days (est.)Estimated from the same quarter last year

Results filedAug 4
Results filedApr 28
Results filedFeb 17
Results filedNov 4, 2025
Results filedAug 5, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

Auditor changeJun 10 · View filing ↗Watch

Insider trades

Open-market buys and sells, last 90 days

No open-market buys or sells in 90 days. Grants and option exercises are left out.

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.

Latest filings

Straight from SEC EDGAR

Major agreementOct 14 · Form 8-K ↗Earnings resultsAug 4 · Form 8-K ↗Quarterly reportAug 4 · Form 10-Q ↗8-A12BJul 8 · Form 8-A12B ↗CERTJul 8 · Form CERT ↗Auditor changeJun 10 · Form 8-K ↗New 5%+ holder (passive)Apr 29 · Form SCHEDULE 13G ↗Earnings resultsApr 28 · Form 8-K ↗Quarterly reportApr 28 · Form 10-Q ↗Shareholder vote resultsApr 27 · Form 8-K ↗5%+ holder update (passive)Apr 9 · Form SCHEDULE 13G/A ↗5%+ holder update (passive)Mar 26 · Form SCHEDULE 13G/A ↗Proxy statementMar 13 · Form DEF 14A ↗

SoldScott James GarberGeneral Counsel and Secretary

1,353 shares at $42.04 avg ($41.54 to $43.41) · $57K

-6% of holdings
Now owns 21,716 shares
Not a pre-planned sale
3 transactions
Filed 1 day after trade
Also: Stock award

Mar 9Form 4 ↗

SoldEric Thomas LiparCEO and Chairman of the Board, Director, 10% owner

39,898 shares at $42.00 avg ($41.54 to $43.41) · $1.7M

-6% of holdings
Now owns 630,702 shares
Not a pre-planned sale
6 transactions
Filed 1 day after trade
Also: Stock award

Mar 9Form 4 ↗

Source: SEC EDGAR filings. For informational purposes. Not investment advice.

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