Charles Merdian - LGI Homes CFO, Treasurer, Secretary

LG1 Stock  EUR 98.00  1.50  1.55%   

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 53
Tenure 8 years
Phone281 362 8998
Webhttps://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.

LGI Homes Management Efficiency

The company has return on total asset (ROA) of 0.0906 % which means that it generated a profit of $0.0906 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.215 %, meaning that it generated $0.215 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.
LGI Homes has accumulated 1.12 B in total debt with debt to equity ratio (D/E) of 100.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LGI Homes has a current ratio of 8.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist LGI Homes until it has trouble settling it off, either with new capital or with free cash flow. So, LGI Homes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LGI Homes sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LGI to invest in growth at high rates of return. When we think about LGI Homes' use of debt, we should always consider it together with cash and equity.

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LGI Homes, Inc. engages in the design, construction, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, North Carolina, South Carolina, Colorado, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, and West Virginia. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas. LGI HOMES operates under Residential Construction classification in Germany and is traded on Frankfurt Stock Exchange. It employs 857 people. LGI Homes (LG1) is traded on Frankfurt Exchange in Germany and employs 952 people.

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.
Scott Garber, General Counsel and Corporate Secretary
Joshua Fattor, VP Markets
Michael Snider, President COO
Chris Kelly, Southwest Pres
Rachel Eaton, Executive Vice President Chief Marketing Officer
Charles Merdian, CFO, Treasurer, Secretary
Eric Lipar, Chairman of the Board, 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

Additional Information and Resources on Investing in LGI Stock

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 board of governors.
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.