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LGI Homes, Inc. (LGIH) designs, constructs, and sells homes in the United States. 
It offers entry-level homes, such as detached and attached homes, and move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name.
As of December 31, 2020, it owned 113 communities.
The company serves 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.
On November 1, LGI Homes (LGIH) reported 3rd Quarter September 2021 earnings of $4.05 per share on revenue of $751.6 million. The consensus earnings estimate was $4.03 per share on revenue of $734.2 million. Revenue grew 40.7% on a year-over-year basis. The company said it continues to expect 2021 revenue of $2.85 billion to $3.10 billion. The current consensus revenue estimate is $3.01 billion for the year ending December 31, 2021.
Shares have formed a bullish "double bottom" and higher share prices are expected for this stock.
Entry Point: $155.00
Trading Range: $95.54 to $188.00
Stop Loss: $143.00
Target Price: $170.50
