NASDAQ:LGIH LGI Homes (LGIH) Stock Forecast, Price & News $102.34 -0.82 (-0.79%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$101.38▼$103.2850-Day Range$102.34▼$140.7952-Week Range$74.61▼$141.91Volume203,068 shsAverage Volume198,536 shsMarket Capitalization$2.41 billionP/E Ratio11.78Dividend YieldN/APrice Target$116.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media LGI Homes MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside13.6% Upside$116.25 Price TargetShort InterestBearish13.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.08Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth52.97%From $8.59 to $13.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.01 out of 5 starsFinance Sector597th out of 837 stocksOperative Builders Industry14th out of 17 stocks 2.0 Analyst's Opinion Consensus RatingLGI Homes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $116.25, LGI Homes has a forecasted upside of 13.6% from its current price of $102.34.Amount of Analyst CoverageLGI Homes has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted13.12% of the float of LGI Homes has been sold short.Short Interest Ratio / Days to CoverLGI Homes has a short interest ratio ("days to cover") of 15.2, which indicates bearish sentiment.Change versus previous monthShort interest in LGI Homes has recently increased by 0.75%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldLGI Homes does not currently pay a dividend.Dividend GrowthLGI Homes does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LGIH. Previous Next 3.4 News and Social Media Coverage News SentimentLGI Homes has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for LGI Homes this week, compared to 3 articles on an average week.Search Interest1 people have searched for LGIH on MarketBeat in the last 30 days. MarketBeat Follows1 people have added LGI Homes to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LGI Homes insiders have not sold or bought any company stock.Percentage Held by Insiders12.40% of the stock of LGI Homes is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions89.43% of the stock of LGI Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LGI Homes are expected to grow by 52.97% in the coming year, from $8.59 to $13.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LGI Homes is 11.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.79.Price to Earnings Ratio vs. SectorThe P/E ratio of LGI Homes is 11.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 84.78.Price to Book Value per Share RatioLGI Homes has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LGI Homes (NASDAQ:LGIH) StockLGI 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 institutions looking to acquire single-family rental properties. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, and Maryland. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.Read More LGIH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LGIH Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comLGI Homes' (LGIH) Terrata Homes Lists Latest Community for SaleSeptember 18, 2023 | finance.yahoo.comLGI Homes Commences its Premier Sales Event of the YearSeptember 26, 2023 | Legacy Research (Ad)ATTENTION: Digital Dollar Could Send this $0.25 Play SkyrocketingIn just a few days, the U.S. government could announce this mandatory recall on the U.S. dollar… And replace it with a new digital dollar. And that could send this $0.25 alternative investment skyrocketing.September 18, 2023 | finance.yahoo.comLGI Homes Expands Terrata Homes Presence with the Opening of Bella Terra in the Tampa MarketSeptember 17, 2023 | americanbankingnews.comLGI Homes (NASDAQ:LGIH) Stock Price Down 4.3%September 15, 2023 | finance.yahoo.comUnveiling LGI Homes (LGIH)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 12, 2023 | finance.yahoo.comLGI Homes Named to Newsweek’s Inaugural List of the World’s Most Trustworthy CompaniesSeptember 6, 2023 | finance.yahoo.comLGI Homes, Inc. Reports August 2023 Home ClosingsSeptember 26, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 1, 2023 | finance.yahoo.comLGI Homes (LGIH) Unveils New Six-Home Community in TexasAugust 31, 2023 | finance.yahoo.comLGI Homes Introduces New Community in Dallas MarketAugust 30, 2023 | msn.comLGI Homes (LGIH) Price Target Increased by 9.32% to 131.58August 29, 2023 | finance.yahoo.comHere's Why LGI Homes (LGIH) Looks Ripe for Bottom FishingAugust 28, 2023 | finance.yahoo.comLGI Homes Announces Opening of New Community in Master-Planned Community near SacramentoAugust 27, 2023 | finance.yahoo.comLGI Homes (NASDAQ:LGIH) Is Reinvesting At Lower Rates Of ReturnAugust 24, 2023 | finance.yahoo.comLGI Homes (LGIH) Introduces its Third Community in CaliforniaAugust 24, 2023 | finance.yahoo.comLGI Homes Opens New Community in the Bakersfield MarketAugust 22, 2023 | finance.yahoo.comLGI Homes Announces its Newest Community in the Sacramento MarketAugust 18, 2023 | finance.yahoo.comLGI Homes (LGIH) Unveils New 25-Home Community in WashingtonAugust 17, 2023 | finance.yahoo.comLGI Homes Introduces Whitmore, a Brand-New Community in the Tacoma MarketAugust 15, 2023 | finance.yahoo.comLGI Homes Opens New Community in the Minneapolis MarketAugust 10, 2023 | finance.yahoo.comLGI Homes Unveils New Community of Single-Family Homes in Gastonia, North CarolinaAugust 8, 2023 | msn.comJP Morgan Maintains LGI Homes (LGIH) Underweight RecommendationAugust 8, 2023 | markets.businessinsider.comExpert Ratings for LGI HomesAugust 8, 2023 | finance.yahoo.comLGI Homes Introduces Colina Del Lago, a New Community in the Orlando MarketAugust 7, 2023 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving LGI Homes, Inc.'s (NASDAQ:LGIH) Stock Up Recently?August 3, 2023 | finance.yahoo.comLGI Homes, Inc. Reports July 2023 Home ClosingsSee More Headlines Receive LGIH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LGI Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address LGIH Company Calendar Last Earnings8/01/2023Today9/25/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Operative builders Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LGIH CUSIPN/A CIK1580670 Webwww.lgihomes.com Phone(281) 362-8998Fax281-210-2601Employees952Year FoundedN/APrice Target and Rating Average Stock Price Forecast$116.25 High Stock Price Forecast$160.00 Low Stock Price Forecast$97.00 Forecasted Upside/Downside+13.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$8.69 Trailing P/E Ratio11.78 Forward P/E Ratio11.91 P/E GrowthN/ANet Income$326.57 million Net Margins9.44% Pretax Margin11.96% Return on Equity12.30% Return on Assets6.56% Debt Debt-to-Equity Ratio0.61 Current Ratio8.49 Quick Ratio0.35 Sales & Book Value Annual Sales$2.30 billion Price / Sales1.05 Cash Flow$13.98 per share Price / Cash Flow7.32 Book Value$70.52 per share Price / Book1.45Miscellaneous Outstanding Shares23,550,000Free Float20,626,000Market Cap$2.41 billion OptionableOptionable Beta1.76 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Eric Thomas Lipar (Age 52)Chairman & CEO Comp: $1.62MMr. Michael Larry Snider (Age 52)Pres & COO Comp: $961.07kMr. Charles Michael Merdian (Age 53)CFO & Treasurer Comp: $877kMr. Scott J. Garber (Age 51)Gen. Counsel & Corp. Sec. Comp: $598.18kJoshua D. FattorVP of Investor Relations & Capital MarketsMs. Rachel Lyons Eaton (Age 41)Chief Marketing Officer Mr. Jack Anthony Lipar (Age 54)Exec. VP of Acquisitions Mr. Chris KellySouthwest Division PresMore ExecutivesKey CompetitorsGreen Brick PartnersNASDAQ:GRBKHannon Armstrong Sustainable Infrastructure CapitalNYSE:HASICathay General BancorpNASDAQ:CATYFirst Interstate BancSystemNASDAQ:FIBKSL Green RealtyNYSE:SLGView All CompetitorsInsiders & InstitutionsManhattan West Asset Management LLCBought 1,195 shares on 9/1/2023Ownership: 0.024%Wolverine Trading LLCSold 2,400 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 496 shares on 8/21/2023Ownership: 0.109%Teachers Retirement System of The State of KentuckyBought 359 shares on 8/21/2023Ownership: 0.028%First National Bank of OmahaBought 92 shares on 8/15/2023Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions LGIH Stock - Frequently Asked Questions Should I buy or sell LGI Homes stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LGIH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LGIH, but not buy additional shares or sell existing shares. View LGIH analyst ratings or view top-rated stocks. What is LGI Homes' stock price forecast for 2023? 5 Wall Street research analysts have issued 12-month price targets for LGI Homes' stock. Their LGIH share price forecasts range from $97.00 to $160.00. On average, they anticipate the company's stock price to reach $116.25 in the next year. This suggests a possible upside of 13.6% from the stock's current price. View analysts price targets for LGIH or view top-rated stocks among Wall Street analysts. How have LGIH shares performed in 2023? LGI Homes' stock was trading at $92.60 at the beginning of the year. Since then, LGIH shares have increased by 10.5% and is now trading at $102.34. View the best growth stocks for 2023 here. When is LGI Homes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our LGIH earnings forecast. How were LGI Homes' earnings last quarter? LGI Homes, Inc. (NASDAQ:LGIH) posted its earnings results on Tuesday, August, 1st. The financial services provider reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.35. The financial services provider earned $645.70 million during the quarter, compared to analyst estimates of $638.05 million. LGI Homes had a trailing twelve-month return on equity of 12.30% and a net margin of 9.44%. LGI Homes's revenue for the quarter was down 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $5.20 EPS. What ETFs hold LGI Homes' stock? ETFs with the largest weight of LGI Homes (NASDAQ:LGIH) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Amplify Inflation Fighter ETF (IWIN), iShares U.S. Home Construction ETF (ITB), SPDR S&P Homebuilders ETF (XHB), WisdomTree U.S. SmallCap Earnings Fund (EES), iShares S&P Small-Cap 600 Value ETF (IJS), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and SPDR S&P 600 Small CapValue ETF (SLYV). What is Eric Lipar's approval rating as LGI Homes' CEO? 151 employees have rated LGI Homes Chief Executive Officer Eric Lipar on Glassdoor.com. Eric Lipar has an approval rating of 96% among the company's employees. This puts Eric Lipar in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of LGI Homes own? Based on aggregate information from My MarketBeat watchlists, some companies that other LGI Homes investors own include CA (CA), Micron Technology (MU), BlackRock (BLK), Chipotle Mexican Grill (CMG), Endologix (ELGX), NVIDIA (NVDA), Home Depot (HD), Alibaba Group (BABA), Advanced Micro Devices (AMD) and Walt Disney (DIS). What is LGI Homes' stock symbol? LGI Homes trades on the NASDAQ under the ticker symbol "LGIH." Who are LGI Homes' major shareholders? LGI Homes' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.63%), Dimensional Fund Advisors LP (5.75%), Wasatch Advisors LP (5.72%), Altshuler Shaham Ltd (4.20%), State Street Corp (3.67%) and Goldman Sachs Group Inc. (2.39%). Insiders that own company stock include Charles Michael Merdian, Duncan S Gage, Eric Thomas Lipar, Jack Anthony Lipar, Maria Renna Sharpe, Michael Larry Snider, Rachel Lyons Eaton, Robert Karnig Vahradian, Ryan Edone, Scott James Garber and Steven Randal Smith. View institutional ownership trends. How do I buy shares of LGI Homes? Shares of LGIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is LGI Homes' stock price today? One share of LGIH stock can currently be purchased for approximately $102.34. How much money does LGI Homes make? LGI Homes (NASDAQ:LGIH) has a market capitalization of $2.41 billion and generates $2.30 billion in revenue each year. The financial services provider earns $326.57 million in net income (profit) each year or $8.69 on an earnings per share basis. How many employees does LGI Homes have? The company employs 952 workers across the globe. How can I contact LGI Homes? LGI Homes' mailing address is 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX, 77380. The official website for the company is www.lgihomes.com. The financial services provider can be reached via phone at (281) 362-8998, via email at investorrelations@lgihomes.com, or via fax at 281-210-2601. This page (NASDAQ:LGIH) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LGI Homes, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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