LGI Homes is a holding company. Through its subsidiaries, Co. is engaged in the design, construction, and sale of new homes.Co. provides floor plans in each community with standardized finishes. Co. has introduced the CompleteHome™ and CompleteHome Plus™ packages that provide move-in ready homes. Each of these packages includes features, including stainless steel appliances, cabinets with crown molding, granite or quartz countertops, undermount sinks, as well as outlets with USB charging capability and a Wi-Fi-enabled garage door opener. Both packages include programmable thermostats, double-pane Low-E vinyl windows, LED flush mount ENERGY STAR lights and a variety of other features. We show 44 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. |
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Video: The Importance of Market Cap
