LGI Homes traded at $40.41 this Friday May 15th, decreasing $3.31 or 7.57 percent since the previous trading session. Looking back, over the last four weeks, LGI Homes lost 3.09 percent. Over the last 12 months, its price fell by 30.56 percent. Looking ahead, we forecast LGI Homes to be priced at 39.60 by the end of this quarter and at 37.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
LGI Homes, Inc is a homebuilder and developer. The Company is engaged in 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. It operates through segments such as the Central division, the Southeast division, the Northwest division, the West division and the Florida divisions. The Company's product offerings include entry-level homes, including both detached and attached homes, and move-up homes, which are sold under its LGI Homes brand, and its luxury series homes, which are sold under its Terrata Homes brand. The Company provides information regarding floor plans and pricing and conduct tours of its homes based on the customer’s needs and budget.