Feed / LGIH

LGI Homes, Inc.

LGIH

Consumer Cyclical · 46.61 -2.5% today

Participation confirmed · construction unavailableMarket checked 30 Sept, 15:55 GMT-4

Market read

LGI Homes, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 5 of 12 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company-2.5% todayVolume comparison unavailable
Market group5 of 12 activeConstruction Building Products · inactive
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 8 of 12 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • TOL remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 4 of 12 members or fewer.

Watch this read

Research brief

The story so far

Consumer Cyclical · Residential Construction

No new filing conclusion is available. 5 of 12 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 8 of 12 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • TOL remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations333
Usable filing statements168
Verified relationships0
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -22.6% year over year.
  • Operating margin changed -5.0 percentage points in the latest annual period.
  • Net margin changed -4.6 percentage points in the latest annual period.
  • Operating cash flow was only -1.929x net income in the latest annual period.
  • Demand and volume has repeated adverse evidence across 4 filings.
  • Input and raw-material costs has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 46% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 45% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 30, 2026

46.61
6m+25.8%12m-18.9%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.1B+28.8%$17.25-1.9%
2022-12-31$2.3B-24.4%$13.76-4.7%
2023-12-31$2.4B+2.3%$8.42-0.3%
2024-12-31$2.2B-6.6%$8.30-0.2%
2025-12-31$1.7B-22.6%$3.12-1.5%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
“Net cash provided by financing activities was $131.8 million during the three months ended March 31, 2025, primarily driven by $172.5 million of borrowings under our credit agreement then in effect, offset by $30.0 million of repayments on our credit agreemen…”
10-Q · Apr 28, 2026 ↗
Demand and volumemixed · 4 filings
“Net orders for the three months ended March 31, 2026 were 1,221 homes, a decrease of 15.0% from 1,437 homes for the three months ended March 31, 2025, reflecting continued affordability pressures and higher mortgage rates.”
10-Q · Apr 28, 2026 ↗
Input and raw-material costsnegative · 4 filings
“The overall decreases in operating income and net income before income taxes were primarily due to overall lower home closings at a lower absorption rate, lower gross margin, other costs associated with the decrease in average community count, and $4.7 millio…”
10-Q · Apr 28, 2026 ↗
Restructuring and cost reductionsnegative · 2 filings
“The overall decreases in operating income and net income before income taxes were primarily due to overall lower home closings at a lower absorption rate, lower gross margin, other costs associated with the decrease in average community count, and $4.7 millio…”
10-Q · Apr 28, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.6× · EV/sales 1.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

46.61-2.5% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for LGIH. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for LGIH. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind LGIH

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

LGIH is currently a Participant in the organic co-movement group Construction Building Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.