LGI Homes, Inc. is focused on the homebuilding industry. Co. designs, constructs and sells homes across approximately 36 markets in 21 states. Co. offers multiple product lines, including attached and detached entry-level homes and active adult offerings that are marketed and sold under its LGI Homes brand and luxury homes that are marketed and sold under its Terrata Homes brand. Its homebuilding operations are organized and managed by seven operating segments: West, Northwest, Central, Midwest, Florida, Southeast and Mid-Atlantic. Co. offers an attached townhome product in certain markets. Co.'s CompleteHome and CompleteHome Plus packages offers buyers move-in ready homes. We show 51 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. |
Free LGIH Email Alerts:
Video: The Importance of Market Cap
