Here's How Much You Would Have Made Owning LGI Homes Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past decade, LGI Homes (NASDAQ:LGIH) has delivered an average annual return of 21.82%, outperforming the market by 11.15% annually. An investment of $100 in LGIH stock 10 years ago would be worth $710.37 today. LGI Homes currently has a market capitalization of $2.87 billion.
February 02, 2024 | 2:30 pm
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LGI Homes has shown remarkable performance over the last decade with an average annual return of 21.82%, significantly outperforming the market.
The significant outperformance of LGI Homes compared to the market over the past decade, as highlighted in the article, suggests a strong and consistent growth trajectory for the company. This historical performance, coupled with a substantial increase in the value of an initial investment, indicates a positive outlook for LGIH stock in the short term. Investors may view this track record as a sign of the company's robust business model and potential for continued success.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100