LGI Homes, Inc. (NASDAQ:LGIH), ended the day at $66.67, a fall of -4.58 per cent and a share price that brought its market capitalization to $1.59 billion. The outstanding share count is 23.86 million shares but the size of available float is 22.14 million shares. The stock’s current price is lagging SMA-200 by -8.3% which is also 20.51% up from SMA-50. Reducing that period to a shorter term, we see the price is trailing 16.31% to the SMA-20. Volatility for the week was 5.68%, which was 7.27% in the previous month.
LGI Homes, Inc. (Nasdaq:LGIH) in early March announced its plans of entering into the master-planned community of Mirada, located in San Antonio, Florida, with intentions to unveil a brand-new set of luxury townhomes at the grand opening event on Mar. 28, 2020. New homeowners in the amenity-rich community of Mirada will experience resort-style living right in their neighborhood. The 15-acre Crystal Lagoon® serves as a focal point for various recreational water activities such as kayaking and swimming. In addition, families will enjoy the outdoors even more with the abundant open green space found in the community’s walking and biking trails, tot lot and dog park. A clubhouse with a fitness center will also be available for use by Mirada homeowners.
LGI Homes was constructing move-in ready townhomes at Mirada, with luxurious upgrades included in every home. Each of these two-story homes will range from 1,500 to just over 2,000 square feet. All layouts will feature open-concept living spaces, a private master retreat and designer finishes. As part of LGI’s CompleteHome Plus™ package found only in select communities, quartz-covered countertops, stainless-steel appliances and wood cabinetry with crown molding are only a few of the highlighted upgrades showcased in every home. Only minutes away from Wesley Chapel, Mirada residents are just a short drive away from the Lexington Oaks Golf Course, multiple resort spas and the 143-acre Wesley Chapel District Park, which features outdoor picnic areas as well as soccer and baseball fields. Also in close range, a vast array of dining experiences such as steakhouses, sushi restaurants and fresh farmer’s markets are available. Additionally, parents and students can look forward to the various athletic programs and student organizations offered at the top-rated public and private schools nearby.
The company closed the session with a trading volume of 491.87 thousand shares, below from its average daily trading volume of 541.78 thousand. It has been generating revenue of $2.01 billion while net income posted by the company in last 12 months was $203.1 million. When looking at performance, we see the stock demonstrating a weekly performance of 0.1% while keeping a monthly performance of 32.31%. Quarterly performance saw a drop of -27.02% and continued the negative trend with a yearly performance of -5.77% while showing YTD performance of -5.63% which was -6.92% for last six months.
The 52-week range for the stock was 33.00 – 95.72 that put its current price at a premium of 102.03% to the 52-week low price whereas it is trading at a discount of -30.35% to the 52-week high price. The Residential Construction company is currently upholding a gross margin of 23.8% while maintaining a net profit margin of 10.1%. Operating margin for the last 12 months remained 13%.
The company’s EPS for trailing 12 months is $7.94 and it is estimated to be posting an EPS of $1.56 for the current quarter. The Beta number showed the stock is subject to risk 16% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 12.5% while ROE for the same period is 25.3% and have seen an average of 11.3% return on investment (ROI).