Wedbush Comments on LGI Homes' Q2 Earnings (NASDAQ:LGIH)

LGI Homes, Inc. (NASDAQ:LGIH - Free Report) - Research analysts at Wedbush reduced their Q2 2025 earnings estimates for shares of LGI Homes in a research note issued to investors on Thursday, June 5th. Wedbush analyst J. Mccanless now expects that the financial services provider will earn $1.09 per share for the quarter, down from their previous forecast of $1.26. Wedbush has a "Neutral" rating and a $93.00 price target on the stock. The consensus estimate for LGI Homes' current full-year earnings is $8.46 per share. Wedbush also issued estimates for LGI Homes' Q3 2025 earnings at $2.14 EPS, Q4 2025 earnings at $2.62 EPS, Q2 2026 earnings at $1.27 EPS, Q3 2026 earnings at $2.31 EPS, Q4 2026 earnings at $2.81 EPS and FY2026 earnings at $6.58 EPS.

Separately, JMP Securities reiterated a "market outperform" rating and set a $140.00 price target on shares of LGI Homes in a report on Wednesday, April 30th.

LGI Homes Price Performance

NASDAQ LGIH traded down $0.73 during trading hours on Friday, reaching $48.96. The company's stock had a trading volume of 348,709 shares, compared to its average volume of 250,161. The stock has a market cap of $1.15 billion, a PE ratio of 5.87 and a beta of 1.77. LGI Homes has a fifty-two week low of $47.79 and a fifty-two week high of $125.83. The company's 50-day moving average is $55.89 and its two-hundred day moving average is $76.44. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.54 and a current ratio of 12.72.

LGI Homes (NASDAQ:LGIH - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.29). The firm had revenue of $351.42 million during the quarter, compared to analyst estimates of $380.07 million. LGI Homes had a net margin of 8.75% and a return on equity of 10.32%. The business's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 earnings per share.

Institutional Investors Weigh In On LGI Homes

A number of hedge funds and other institutional investors have recently modified their holdings of LGIH. Blue Trust Inc. raised its position in LGI Homes by 112.9% in the fourth quarter. Blue Trust Inc. now owns 347 shares of the financial services provider's stock worth $31,000 after acquiring an additional 184 shares in the last quarter. KBC Group NV grew its stake in LGI Homes by 51.6% during the 4th quarter. KBC Group NV now owns 1,110 shares of the financial services provider's stock valued at $99,000 after acquiring an additional 378 shares in the last quarter. Rhumbline Advisers grew its stake in LGI Homes by 3.9% during the 4th quarter. Rhumbline Advisers now owns 64,833 shares of the financial services provider's stock valued at $5,796,000 after acquiring an additional 2,460 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in shares of LGI Homes by 16.4% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 20,751 shares of the financial services provider's stock valued at $1,855,000 after buying an additional 2,923 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of LGI Homes by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 100,409 shares of the financial services provider's stock valued at $8,977,000 after buying an additional 2,878 shares in the last quarter. 84.89% of the stock is currently owned by institutional investors.

Insider Buying and Selling at LGI Homes

In related news, COO Michael Larry Snider sold 1,105 shares of the firm's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $75.94, for a total transaction of $83,913.70. Following the transaction, the chief operating officer now directly owns 27,102 shares in the company, valued at $2,058,125.88. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 12.30% of the stock is owned by corporate insiders.

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.