We came across a bearish thesis on LGI Homes, Inc. on Hunterbrook’s Substack. In this article, we will summarize the bulls’ thesis on LGIH. LGI Homes, Inc.’s share was trading at $52.29 as of September 29th. LGIH’s trailing and forward P/E were 7.86 and 12.97 respectively according to Yahoo Finance.
LGI Homes has built its business on a model targeting renters with aggressively marketed deceptively low home prices that omit key costs such as taxes, insurance, and HOA fees. The...
