LGI Homes, Inc.

NasdaqGS:LGIH Stock Report

Market Cap: US$1.4b

LGI Homes Management

Management criteria checks 3/4

LGI Homes' CEO is Eric Lipar, appointed in Jan 2009, has a tenure of 17.5 years. total yearly compensation is $5.18M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 10.05% of the company’s shares, worth $144.81M. The average tenure of the management team and the board of directors is 16.5 years and 13.1 years respectively.

Key information

Eric Lipar

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage18.81%
CEO tenure17.5yrs
CEO ownership10.0%
Management average tenure16.5yrs
Board average tenure13.1yrs

Recent management updates

Recent updates

Narrative Update Jun 26

LGIH: Housing Act Tailwind And Community Expansion Will Support Future Upside

The analyst price target for LGI Homes has been updated from $65.50 to $93.00, with analysts citing revised assumptions for revenue growth, profit margins, discount rate, and future P/E as key drivers behind the new valuation framework. What's in the News for LGI Homes LGI Homes stock moved up 8.1% after the bipartisan 21st Century ROAD to Housing Act passed both chambers of Congress, with the bill aiming to streamline housing supply and limit further expansion by large institutional owners of existing single-family homes, according to recent reporting.
Analysis Article Jun 19

LGI Homes (LGIH) Stock Could Be 13.4% Undervalued After Margin Guidance Lift

Auditor change and margin outlook put LGI Homes in focus LGI Homes (LGIH) has attracted fresh attention after lifting its margin guidance and reporting improved adjusted profitability, alongside an auditor transition from Ernst & Young to Deloitte & Touche for the 2026 fiscal year. See our latest analysis for LGI Homes. LGI Homes has seen a sharp shift in sentiment, with a 1 month share price return of 39.8% and a 90 day share price return of 65.6% that coincides with stronger margin...
Narrative Update Jun 08

LGIH: Community Expansion And Quality Recognition Will Face Ongoing Margin Pressure

Analysts have maintained the fair value estimate for LGI Homes at $41.00, while making small adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions that shape this updated price target view. What's in the News LGI Homes reported 498 home closings in May 2026, compared with 416 in May 2025, with 24 of the May 2026 closings tied to single family rental homes.
Narrative Update May 25

LGIH: Broad Community Expansion Will Continue To Face Pressured Profit Margins

Analysts have lifted their fair value estimate for LGI Homes from $38.00 to $41.00, reflecting updated assumptions around revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News Opened Cypress Trails near Cypress, Texas, a master planned community in northwest Houston with more than 500 planned homes, two parks and homes starting in the $240s, ranging from 2 bedroom villas to 5 bedroom floor plans up to 2,916 square feet (Key Developments).
Narrative Update May 02

LGIH: New Community Expansion And 2026 Guidance Will Drive Long-Term Upside

Analysts have reset their price target for LGI Homes to $93.00, reflecting updated assumptions for revenue growth of 11.93%, a profit margin of 4.81%, and a future P/E of 25.71x. Together, these factors reshape expectations for the stock’s return profile.
Narrative Update Apr 18

LGIH: Expanded Communities And 2026 Guidance Will Support Future Upside

Analysts have maintained their $65.50 price target for LGI Homes, noting minor revisions to their assumptions for revenue growth, profit margins, and future P/E that together leave their overall valuation view unchanged for now. What's in the News LGI Homes issued 2026 guidance, expecting home closings between 4,600 and 5,400 and an average sales price per home closed between US$355,000 and US$365,000 (Corporate guidance).
Narrative Update Apr 03

LGIH: New Master-Planned Communities Will Drive Long-Term Upside Potential

The analyst price target for LGI Homes has shifted slightly, with fair value moving from $95.00 to $93.00 as analysts factor in updated assumptions for revenue growth, profit margins, the discount rate, and a higher future P/E multiple. What's in the News LGI Homes opened Eldorado in Bremerton, its largest Seattle area community to date, with 491 homesites and more than ten acres of amenities valued at about US$3 million, including trails, recreational fields and picnic areas, with homes starting in the low US$500,000s (Key Developments).
Narrative Update Mar 20

LGIH: New Community Openings And 2026 Outlook Will Support Future Upside

Analysts have adjusted the LGI Homes price target from $67.50 to $65.50 as they balance higher modeled revenue growth with lower profit margin assumptions and a higher future P/E multiple. What's in the News Grand opening of Evergreen Ridge in Colorado Springs, offering 138 upgraded, low maintenance townhomes starting from $399,900 with CompleteHome Plus packages and community park amenities planned, in a location close to major outdoor attractions and city centers (Key Developments).
Narrative Update Mar 06

LGIH: Ongoing Community Expansion Will Struggle Against Constrained Margin Outlook

Analysts are keeping their price target for LGI Homes steady at $38.00, reflecting small revisions to assumptions for discount rate, revenue growth, profit margin, and future P/E that offset each other in their updated models. What's in the News LGI Homes announced the Grand Opening of Meadow Brook in Puyallup, Washington, a 53 home community with three to five bedroom floor plans and its CompleteHome Plus package included at no extra cost.
Narrative Update Feb 20

LGIH: Lower Margin Outlook Will Pressure Shares Despite New Community Openings

Analysts have reduced their price target on LGI Homes from $40 to $38, citing updated assumptions that combine higher modeled revenue growth with lower profit margins and a higher future P/E. What's in the News LGI Homes issued earnings guidance for 2026, projecting home closings between 4,600 and 5,400 and an average sales price per home between $355,000 and $365,000 (Corporate guidance).
Narrative Update Feb 05

LGIH: Community Expansion Pipeline Will Support Future Upside Potential

Analysts have lowered their price target on LGI Homes from about $75.67 to $67.50 as they adjust for updated assumptions on discount rate, revenue growth, profit margin, and a higher future P/E multiple. What's in the News Announced the Monte Vista Collection near Modesto, California, a new single story community offering five floor plans from 1,335 to 2,411 square feet, with CompleteHome Plus packages that include stainless steel appliances, granite countertops, luxury vinyl plank flooring, energy efficient features and smart home technology (Key Developments).
Narrative Update Jan 22

LGIH: Slower Revenue Outlook Will Weigh On Shares Despite New Communities

Analysts have kept their fair value estimate for LGI Homes steady at $40.00 while updating their assumptions around discount rate, revenue growth, profit margin, and future P/E. This reflects a refined view of the company’s risk profile and earnings potential without shifting the overall price target.
Narrative Update Jan 08

LGIH: Community Expansion Pipeline Will Support Bullish Long Term Outlook

Analysts have updated their price framework for LGI Homes, maintaining fair value at US$95.00 while revising key inputs. These include a higher discount rate, lower revenue growth and profit margin assumptions, and a higher future P/E, which together explain the change in their target rationale.
Narrative Update Dec 15

LGIH: Higher Discount Rate Will Pressure Shares Despite Stronger Expansion Plans

Analysts have trimmed their price target on LGI Homes from approximately $47.00 to $40.00 per share. This reflects the application of a higher discount rate and a lower forward valuation multiple, which more than offset stronger revenue growth assumptions and only modestly softer profit margins.
Analysis Article Nov 30

LGI Homes, Inc.'s (NASDAQ:LGIH) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

LGI Homes, Inc. ( NASDAQ:LGIH ) shareholders are no doubt pleased to see that the share price has bounced 27% in the...
Analysis Article Nov 07

LGI Homes, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Shareholders of LGI Homes, Inc. ( NASDAQ:LGIH ) will be pleased this week, given that the stock price is up 13% to...
Narrative Update Aug 28

US Housing And Sun Belt Demand Will Rise Despite Pressures

Analysts have raised LGI Homes' price target to $75.67, citing the company's effective inventory and leverage management in a challenging demand environment, despite margin pressures and competitive headwinds. Analyst Commentary Bullish analysts believe LGI Homes is effectively managing lower demand through reducing standing spec inventory and targeting leverage near 40% by early 2026, which should support profitability.
Narrative Update Aug 08

US Housing And Sun Belt Demand Will Rise Despite Pressures

LGI Homes’ consensus price target has been markedly reduced to $72.33, primarily due to sharply lower revenue growth forecasts and a decline in expected valuation multiples. What's in the News LGI Homes continues to expand with multiple new community openings and product launches across key US markets, including significant offerings in North Carolina, South Carolina, Texas, Florida, Arizona, Nevada, and California.
Analysis Article Jul 17

LGI Homes, Inc.'s (NASDAQ:LGIH) Earnings Are Not Doing Enough For Some Investors

With a price-to-earnings (or "P/E") ratio of 6.6x LGI Homes, Inc. ( NASDAQ:LGIH ) may be sending very bullish signals...

CEO Compensation Analysis

How has Eric Lipar's remuneration changed compared to LGI Homes's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$71m

Dec 31 2025US$5mUS$975k

US$73m

Sep 30 2025n/an/a

US$106m

Jun 30 2025n/an/a

US$156m

Mar 31 2025n/an/a

US$183m

Dec 31 2024US$2mUS$975k

US$196m

Sep 30 2024n/an/a

US$197m

Jun 30 2024n/an/a

US$195m

Mar 31 2024n/an/a

US$189m

Dec 31 2023US$7mUS$975k

US$199m

Sep 30 2023n/an/a

US$181m

Jun 30 2023n/an/a

US$205m

Mar 31 2023n/an/a

US$275m

Dec 31 2022US$6mUS$975k

US$327m

Sep 30 2022n/an/a

US$404m

Jun 30 2022n/an/a

US$414m

Mar 31 2022n/an/a

US$409m

Dec 31 2021US$7mUS$950k

US$430m

Sep 30 2021n/an/a

US$455m

Jun 30 2021n/an/a

US$443m

Mar 31 2021n/an/a

US$381m

Dec 31 2020US$5mUS$850k

US$324m

Sep 30 2020n/an/a

US$252m

Jun 30 2020n/an/a

US$213m

Mar 31 2020n/an/a

US$203m

Dec 31 2019US$4mUS$825k

US$179m

Compensation vs Market: Eric's total compensation ($USD5.18M) is about average for companies of similar size in the US market ($USD5.14M).

Compensation vs Earnings: Eric's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Eric Lipar (55 yo)

17.5yrs
Tenure
US$5,182,051
Compensation

Mr. Eric Thomas Lipar has been the Chairman of LGI Homes, Inc. since July 2013 and has been its Chief Executive Officer since 2009. Mr. Lipar served as the President of LGI Homes, Inc. from 2003 to 2009. M...


Leadership Team

NamePositionTenureCompensationOwnership
Eric Lipar
Chairman & CEO17.5yrsUS$5.18m10.05%
$ 144.8m
Michael Snider
President & COO17.5yrsUS$2.21m0.91%
$ 13.0m
Charles Merdian
CFO & Treasurer16.5yrsUS$2.06m0.70%
$ 10.1m
Scott Garber
General Counsel & Corporate Secretary8.3yrsUS$1.09m0.093%
$ 1.3m
Joshua Fattor
Vice President of Investor Relations & Capital Marketsno datano datano data
Rachel Eaton
Chief Marketing Officer13.1yrsUS$1.13mno data
Jack Lipar
Executive Vice President of Acquisitionsno dataUS$1.07mno data
Chris Kelly
Southwest Division Presidentno datano datano data
16.5yrs
Average Tenure
55yo
Average Age

Experienced Management: LGIH's management team is seasoned and experienced (16.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Lipar
Chairman & CEO13.1yrsUS$5.18m10.05%
$ 144.8m
Maria Sharpe
Independent Director4.5yrsUS$250.01k0.028%
$ 407.5k
Robert Vahradian
Independent Director13.1yrsUS$230.01k0.11%
$ 1.6m
Steven Smith
Independent Director13.1yrsUS$245.01k0.095%
$ 1.4m
Bryan Sansbury
Lead Independent Director13.1yrsUS$255.01k0.49%
$ 7.0m
Ryan Edone
Independent Director11.7yrsUS$250.01k0.17%
$ 2.5m
Shailee Parikh
Independent Director4.6yrsUS$230.01k0.024%
$ 345.4k
13.1yrs
Average Tenure
55yo
Average Age

Experienced Board: LGIH's board of directors are seasoned and experienced ( 13.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 08:53
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LGI Homes, Inc. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael RoxlandBofA Global Research
Aaron HechtCitizens JMP Securities, LLC
Jay McCanlessCitizens JMP Securities, LLC