| LGI Homes is a holding company. Through its subsidiaries, Co. is engaged in the design, construction, and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, Tennessee, and Minnesota. Co.'s product offerings include entry-level homes and move-up homes sold under its LGI Homes brand, and its series homes, which are sold under its Terrata Homes brand. At Dec 31 2017, Co. had 72 active communities with its LGI Homes brand and six with its Terrata Homes brand. Co.'s homebuilding operations are organized and managed by divisions, which comprised of Texas, Southwest, Southeast, Florida, Northwest, and Midwest. We show 25 historical shares outstanding datapoints in our LGIH shares outstanding history coverage, used to compute LGIH market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LGIH market cap history over the course of time is important for investors
interested in comparing LGIH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LGIH versus a peer is one thing; comparing
LGIH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LGIH can fluctuate over the course of history.
With this page we aim to empower investors researching LGIH by allowing them to research the LGIH market cap history.