Michael Snider - LGI Homes President COO

LGIH Stock  USD 75.82  2.09  2.68%   

President

Mr. Michael Snider is President, Chief Operating Officer of LGI Homes, Inc since 2013.
Age 54
Tenure 12 years
Address 1450 Lake Robbins Drive, The Woodlands, TX, United States, 77380
Phone281 362 8998
Webhttps://www.lgihomes.com
Snider has served as our President since 2009 and our Chief Operating Officer since July 2013. He oversees all aspects of our sales, construction, and product development. Prior to serving as our President, Mr. Snider was Executive Vice President of Homebuilding and in the role of Homebuilding Manager . Before joining the Company in 2004, Mr. Snider was a Project Manager for Tadian Homes, a homebuilder based in Troy, Michigan.

Michael Snider Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Snider against LGI Homes stock is an integral part of due diligence when investing in LGI Homes. Michael Snider insider activity provides valuable insight into whether LGI Homes is net buyers or sellers over its current business cycle. Note, LGI Homes insiders must abide by specific rules, including filing SEC forms every time they buy or sell LGI Homes'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

LGI Homes Management Efficiency

The company has return on total asset (ROA) of 0.0402 % which means that it generated a profit of $0.0402 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1039 %, meaning that it created $0.1039 on every $100 dollars invested by stockholders. LGI Homes' management efficiency ratios could be used to measure how well LGI Homes manages its routine affairs as well as how well it operates its assets and liabilities. As of now, LGI Homes' Return On Tangible Assets are decreasing as compared to previous years. The LGI Homes' current Return On Assets is estimated to increase to 0.13, while Return On Capital Employed is projected to decrease to 0.08. As of now, LGI Homes' Total Current Assets are increasing as compared to previous years. The LGI Homes' current Net Tangible Assets is estimated to increase to about 2 B, while Other Assets are projected to decrease to 1.09.
LGI Homes currently holds 1.36 B in liabilities with Debt to Equity (D/E) ratio of 0.77, which is about average as compared to similar companies. LGI Homes has a current ratio of 28.25, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about LGI Homes' use of debt, we should always consider it together with its cash and equity.

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It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name and luxury series homes under the Terrata Homes brand name. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas. LGI Homes operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 900 people. LGI Homes (LGIH) is traded on NASDAQ Exchange in USA. It is located in 1450 Lake Robbins Drive, The Woodlands, TX, United States, 77380 and employs 1,089 people. LGI Homes is listed under Household Durables category by Fama And French industry classification.

Management Performance

LGI Homes Leadership Team

Elected by the shareholders, the LGI Homes' board of directors comprises two types of representatives: LGI Homes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LGI. The board's role is to monitor LGI Homes' management team and ensure that shareholders' interests are well served. LGI Homes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LGI Homes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jack Lipar, Executive VP of Acquisitions
Scott Garber, General Counsel and Corporate Secretary
Joshua Fattor, Vice Markets
Michael Snider, President COO
Chris Kelly, Southwest President
Charles CPA, CFO Treasurer
Rachel Eaton, Executive Vice President Chief Marketing Officer
Charles Merdian, CFO, Treasurer and Secretary
Eric Lipar, Chairman and CEO

LGI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LGI Homes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGI Homes. If investors know LGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Earnings Share
8.3
Revenue Per Share
95.936
Quarterly Revenue Growth
0.056
Return On Assets
0.0402
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.