NASDAQ:LGIH

LGI Homes (LGIH) Stock Price, News & Analysis

$93.92
+0.54 (+0.58%)
(As of 04/22/2024 ET)
Today's Range
$92.59
$94.31
50-Day Range
$92.62
$130.60
52-Week Range
$84.15
$141.91
Volume
172,045 shs
Average Volume
197,789 shs
Market Capitalization
$2.21 billion
P/E Ratio
11.15
Dividend Yield
N/A
Price Target
$110.50

LGI Homes MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
17.7% Upside
$110.50 Price Target
Short Interest
Bearish
10.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of LGI Homes in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.94 M Sold Last Quarter
Proj. Earnings Growth
21.97%
From $9.24 to $11.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.71 out of 5 stars

Finance Sector

546th out of 852 stocks

Operative Builders Industry

10th out of 15 stocks

LGIH stock logo

About LGI Homes Stock (NASDAQ:LGIH)

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. It 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, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.

LGIH Stock Price History

LGIH Stock News Headlines

LGI Homes, Inc. (LGIH)
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
RSI Alert: LGI Homes (LGIH) Now Oversold
LGI Homes (NASDAQ:LGIH) Lowered to Sell at StockNews.com
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
JMP Securities Remains a Buy on LGI Homes (LGIH)
20 Most Affordable US Cities for Renters
LGIH Dec 2024 80.000 put
LGIH May 2024 130.000 put
LGIH May 2024 75.000 put
LGIH Dec 2024 140.000 put
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Operative builders
Sub-Industry
N/A
Current Symbol
NASDAQ:LGIH
Employees
1,089
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$110.50
High Stock Price Target
$160.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+17.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$199.23 million
Pretax Margin
11.10%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$8.61 per share
Book Value
$78.77 per share

Miscellaneous

Free Float
20,701,000
Market Cap
$2.21 billion
Optionable
Optionable
Beta
1.83
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LGIH Stock Analysis - Frequently Asked Questions

Should I buy or sell LGI Homes stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" LGIH shares.
View LGIH analyst ratings
or view top-rated stocks.

What is LGI Homes' stock price target for 2024?

5 brokerages have issued 12 month target prices for LGI Homes' stock. Their LGIH share price targets range from $74.00 to $160.00. On average, they predict the company's share price to reach $110.50 in the next twelve months. This suggests a possible upside of 17.7% 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 2024?

LGI Homes' stock was trading at $133.16 at the start of the year. Since then, LGIH stock has decreased by 29.5% and is now trading at $93.92.
View the best growth stocks for 2024 here
.

When is LGI Homes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LGIH earnings forecast
.

How can I listen to LGI Homes' earnings call?

LGI Homes will be holding an earnings conference call on Tuesday, April 30th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were LGI Homes' earnings last quarter?

LGI Homes, Inc. (NASDAQ:LGIH) posted its quarterly earnings data on Tuesday, February, 20th. The financial services provider reported $2.19 earnings per share for the quarter, missing the consensus estimate of $2.54 by $0.35. The financial services provider earned $608.41 million during the quarter, compared to analysts' expectations of $663.95 million. LGI Homes had a net margin of 8.45% and a trailing twelve-month return on equity of 11.28%. The company's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.45 earnings per share.

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?
Who are LGI Homes' major shareholders?

LGI Homes' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (6.19%), Ampfield Management L.P. (2.27%), Tributary Capital Management LLC (0.64%), Raymond James & Associates (0.24%), Fragasso Group Inc. (0.11%) and State of Alaska Department of Revenue (0.05%). Insiders that own company stock include Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Maria Renna Sharpe, Michael Larry Snider, Rachel Lyons Eaton, Ryan Edone, Scott James Garber, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LGIH) was last updated on 4/22/2024 by MarketBeat.com Staff

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