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LGIH Stock Price Correlated With LGI Homes Financials
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Income Statement
Cash Flow
Balance Sheet
LGIH Income Statement
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Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
LGIH Cash Flow
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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
LGIH Balance Sheet
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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:
Major Holders (from 13F filings)
Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group
2,216,948 sh
62,261 sh
3%
3%
$252,798
$77,471
FMR
1,966,624 sh
68,123 sh
4%
4%
$224,254
-$175,576,939
Altshuler Shaham
988,830 sh
$112,756
State Street
877,866 sh
31,878 sh
4%
4%
$100,094
$21,756
Capital World Investors
796,562 sh
89,000 sh
13%
13%
$90,832
$25,312
CDAM (Uk)
610,526 sh
-400 sh
0%
0%
$69,618
-$56,502,129
Ampfield Management, L.P.
582,552 sh
249,558 sh
75%
75%
$66,428
$39,332
Disciplined Growth Investors /Mn
523,145 sh
-44,200 sh
-8%
-8%
$59,654
$7,118
Geode Capital Management
409,308 sh
13,586 sh
3%
3%
$46,673
$10,030
Goldman Sachs Group
373,048 sh
118,182 sh
46%
46%
$42,538
-$23,558,053
Citadel Advisors
359,928 sh
352,228 sh
4574%
4574%
$41,043
$40,330
Gilder Gagnon Howe & Co
304,031 sh
-3,789 sh
-1%
-1%
$34,669
$6,165
Bank Of New York Mellon
215,826 sh
-7,880 sh
-4%
-4%
$24,610
$3,895
Northernrp
212,955 sh
1,841 sh
1%
1%
$24,283
-$19,524,874
Frontier Capital Management Co
209,678 sh
-52,604 sh
-20%
-20%
$23,910
-$377
Morgan Stanley
193,148 sh
-32,646 sh
-14%
-14%
$22,024
$1,115
Standard Life Aberdeen Plc
192,552 sh
-18,127 sh
-9%
-9%
$21,957
$4,814
Liontrust Investment Partners LLP
145,596 sh
145,596 sh
NEW
NEW
$16,602
$16,602
Brandywine Global Investment Management
137,394 sh
52,870 sh
63%
63%
$15,667
$8,789
Principal Financial Group
127,027 sh
812 sh
1%
1%
$14,485
$4,215
COMPANY PROFILE
ORGANIZATION AND BUSINESS Organization and Description of the Business
LGI Homes, Inc., a Delaware corporation (the “Company”, “we,” “us,” or “our”), is headquartered in The Woodlands, Texas. We engage in the development of communities and the design, construction and sale of new homes in markets 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.
Acquisitions
On May 6, 2021, we acquired certain real estate assets owned by KenRoe Inc. and its affiliated entities, including R Home LLC and Paxmar Land Development (collectively, “KenRoe”), and assumed certain related liabilities. As a result of the KenRoe acquisition, we expanded our Minnesota presence in the Minneapolis market. We acquired approximately 100 homes under construction and more than 3,000 owned and controlled lots. The total purchase price for the KenRoe assets, primarily consisting of inventory, was approximately $27.3 million in cash, subject to certain potential post-closing adjustments. The acquisition is accounted for in accordance with Accounting Standards Codification (“ASC”) Topic 805, Business Combinations (“ASC 805”). Our purchase accounting for KenRoe as of December 31, 2021 is preliminary and we expect to complete the working capital adjustment and valuation of the tangible assets, intangible assets and liabilities assumed as of the acquisition date within one year from the acquisition date.
On July 14, 2021, we acquired the real estate assets of Buffington Homebuilding Group, Ltd. (“Buffington”) and assumed certain related liabilities. The total purchase price for the Buffington assets, primarily consisting of inventory, was approximately $39.1 million in cash, subject to certain potential post-closing adjustments. This acquisition further expands our land position in the Austin, Texas market. The acquired assets include over 100 homes under construction, and more than 500 owned and controlled lots. The acquisition is accounted for in accordance with ASC 805. Our purchase accounting for Buffington as of December 31, 2021 is preliminary and we expect to complete the working capital adjustment and valuation of the tangible assets, intangible assets and liabilities assumed as of the acquisition date within one year from the acquisition date.
LGI Homes, Inc., a Delaware corporation (the “Company”, “we,” “us,” or “our”), is headquartered in The Woodlands, Texas. We engage in the development of communities and the design, construction and sale of new homes in markets 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.
Acquisitions
On May 6, 2021, we acquired certain real estate assets owned by KenRoe Inc. and its affiliated entities, including R Home LLC and Paxmar Land Development (collectively, “KenRoe”), and assumed certain related liabilities. As a result of the KenRoe acquisition, we expanded our Minnesota presence in the Minneapolis market. We acquired approximately 100 homes under construction and more than 3,000 owned and controlled lots. The total purchase price for the KenRoe assets, primarily consisting of inventory, was approximately $27.3 million in cash, subject to certain potential post-closing adjustments. The acquisition is accounted for in accordance with Accounting Standards Codification (“ASC”) Topic 805, Business Combinations (“ASC 805”). Our purchase accounting for KenRoe as of December 31, 2021 is preliminary and we expect to complete the working capital adjustment and valuation of the tangible assets, intangible assets and liabilities assumed as of the acquisition date within one year from the acquisition date.
On July 14, 2021, we acquired the real estate assets of Buffington Homebuilding Group, Ltd. (“Buffington”) and assumed certain related liabilities. The total purchase price for the Buffington assets, primarily consisting of inventory, was approximately $39.1 million in cash, subject to certain potential post-closing adjustments. This acquisition further expands our land position in the Austin, Texas market. The acquired assets include over 100 homes under construction, and more than 500 owned and controlled lots. The acquisition is accounted for in accordance with ASC 805. Our purchase accounting for Buffington as of December 31, 2021 is preliminary and we expect to complete the working capital adjustment and valuation of the tangible assets, intangible assets and liabilities assumed as of the acquisition date within one year from the acquisition date.
Free historical financial statements for LGI Homes Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 37 quarters since 2014. Compare with LGIH stock chart to see long term trends.
Data imported from LGI Homes Inc. SEC filings. Check original filings before making any investment decision.