Wedbush Estimates LGI Homes' Q1 Earnings (NASDAQ:LGIH)

Key Points

• Wedbush has revised its Q1 2026 earnings per share (EPS) estimate for LGI Homes down to $0.74, down from a prior forecast of $0.75, maintaining a "Neutral" rating with a price objective of $95.00.
• The consensus estimate for LGI Homes' full-year earnings is $8.46 per share. The stock is currently rated as "Hold" by analysts, with a consensus price target of $75.67.
• LGI Homes reported a significant 19.8% decrease in revenue year-over-year in their last quarterly results, with a net margin of 7.63% and earnings of $1.36 per share, exceeding analysts' expectations.

LGI Homes, Inc. (NASDAQ:LGIH - Free Report) - Investment analysts at Wedbush decreased their Q1 2026 EPS estimates for LGI Homes in a report issued on Monday, October 6th. Wedbush analyst J. Mccanless now expects that the financial services provider will earn $0.74 per share for the quarter, down from their prior forecast of $0.75. Wedbush has a "Neutral" rating and a $95.00 price objective on the stock. The consensus estimate for LGI Homes' current full-year earnings is $8.46 per share.

LGIH has been the topic of several other reports. JMP Securities upped their price objective on shares of LGI Homes from $75.00 to $85.00 and gave the stock a "market outperform" rating in a research report on Wednesday, August 27th. Citigroup restated a "market outperform" rating on shares of LGI Homes in a report on Wednesday, August 27th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of LGI Homes in a research note on Saturday, September 27th. Finally, JPMorgan Chase & Co. decreased their price objective on LGI Homes from $52.00 to $47.00 and set an "underweight" rating for the company in a report on Wednesday, July 9th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $75.67.

LGI Homes Price Performance

Shares of NASDAQ:LGIH opened at $46.57 on Wednesday. The company's 50-day moving average is $59.03 and its 200 day moving average is $56.83. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.64 and a current ratio of 18.18. The company has a market capitalization of $1.07 billion, a P/E ratio of 7.02 and a beta of 1.77. LGI Homes has a fifty-two week low of $46.47 and a fifty-two week high of $118.31.

LGI Homes (NASDAQ:LGIH - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The financial services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.15. The firm had revenue of $483.49 million for the quarter, compared to the consensus estimate of $546.96 million. LGI Homes had a net margin of 7.63% and a return on equity of 8.00%. The company's revenue for the quarter was down 19.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.48 EPS.

Institutional Investors Weigh In On LGI Homes

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its holdings in shares of LGI Homes by 29.7% in the third quarter. GAMMA Investing LLC now owns 3,096 shares of the financial services provider's stock valued at $160,000 after purchasing an additional 709 shares during the period. Squarepoint Ops LLC boosted its position in LGI Homes by 56.7% during the second quarter. Squarepoint Ops LLC now owns 46,981 shares of the financial services provider's stock worth $2,420,000 after purchasing an additional 17,004 shares in the last quarter. Caxton Associates LLP purchased a new position in LGI Homes during the second quarter worth approximately $1,728,000. Rexford Capital Inc. purchased a new position in shares of LGI Homes in the second quarter valued at approximately $52,000. Finally, Public Sector Pension Investment Board lifted its position in LGI Homes by 6.9% during the second quarter. Public Sector Pension Investment Board now owns 70,193 shares of the financial services provider's stock worth $3,616,000 after buying an additional 4,544 shares in the last quarter. 84.89% of the stock is currently owned by hedge funds and other institutional investors.

About LGI Homes

LGI Homes, Inc designs, constructs, and sells homes. 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. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties.

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