Charles Merdian - LGI Homes CFO, Treasurer and Secretary
| LGIH Stock | USD 105.82 3.09 3.01% |
CFO
Mr. Charles Merdian is Chief Financial Officer, Treasurer of LGI Homes, Inc. He was elected Secretary and Treasurer in 2013. Prior to becoming our Chief Financial Officer in 2010, Mr. Merdian was our Controller from 2004 through 2010. Prior to joining us in 2004, Mr. Merdian served as Accounting and Finance Manager for The Woodlands Operating Company where he specialized in accounting and financial analysis of real estate ventures, focusing primarily on residential and commercial developments. Prior to The Woodlands Operating Company, Mr. Merdian served as an accounting manager working at the WilliamsonDickie Manufacturing Co. and as a senior auditor for Coopers Lybrand, LLP. Mr. Merdian has worked in residential real estate and homebuilding finance since 1998. Mr. Merdian is a Certified Public Accountant and is a member of the Texas Society of Certified Public Accountants. since 2016.
| Age | 54 |
| Tenure | 8 years |
| Address | 1450 Lake Robbins Drive, The Woodlands, TX, United States, 77380 |
| Phone | 281 362 8998 |
| Web | https://www.lgihomes.com |
Charles Merdian Latest Insider Activity
Tracking and analyzing the buying and selling activities of Charles Merdian against LGI Homes stock is an integral part of due diligence when investing in LGI Homes. Charles Merdian 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.
Charles Merdian over three months ago Acquisition by Charles Merdian of 20666 shares of LGI Homes subject to Rule 16b-3 | ||
Charles Merdian over six months ago Disposition of 6284 shares by Charles Merdian of LGI Homes at 104.01 subject to Rule 16b-3 |
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. The current Return On Tangible Assets is estimated to decrease to 0.06. The current Return On Capital Employed is estimated to decrease to 0.07. As of now, LGI Homes' Other Assets are increasing as compared to previous years. The LGI Homes' current Total Current Assets is estimated to increase to about 3.4 B, while Other Current Assets are projected to decrease to under 4.8 M.Similar Executives
| Found 5 records | CFO Age | ||
| Allison CPA | Cavco Industries | 63 | |
| David Messenger | Century Communities | 54 | |
| Hilla CPA | Meritage | 48 | |
| Glenn Keeler | TRI Pointe Homes | 47 | |
| Curt VanHyfte | Taylor Morn Home | 56 | |
Management Performance
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0402 |
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.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0402 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 4.03 B | ||||
| Shares Outstanding | 23.51 M | ||||
| Shares Owned By Insiders | 12.89 % | ||||
| Shares Owned By Institutions | 87.65 % | ||||
| Number Of Shares Shorted | 2.21 M | ||||
| Price To Earning | 6.30 X |
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 8.36 | 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.