NASDAQ:LGIH LGI Homes (LGIH) Stock Forecast, Price & News $130.28 +2.27 (+1.77%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$128.33▼$132.3750-Day Range$107.65▼$130.2852-Week Range$71.73▼$132.37Volume290,988 shsAverage Volume208,774 shsMarket Capitalization$3.07 billionP/E Ratio11.19Dividend YieldN/APrice Target$93.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media LGI Homes MarketRank™ ForecastAnalyst RatingHold1.60 Rating ScoreUpside/Downside28.6% Downside$93.00 Price TargetShort InterestBearish16.41% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth54.95%From $7.37 to $11.42 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.1.66 out of 5 starsFinance Sector764th out of 849 stocksOperative Builders Industry15th out of 16 stocks 0.8 Analyst's Opinion Consensus RatingLGI Homes has received a consensus rating of Hold. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.00, LGI Homes has a forecasted downside of 28.6% from its current price of $130.28.Amount of Analyst CoverageLGI Homes has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted16.41% 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 16.3, which indicates bearish sentiment.Change versus previous monthShort interest in LGI Homes has recently decreased by 2.89%, indicating that investor sentiment is improving. 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 2.8 News and Social Media Coverage News SentimentLGI Homes has a news sentiment score of 1.00. 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 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for LGI Homes this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for LGIH on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 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 Institutions87.44% 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 54.95% in the coming year, from $7.37 to $11.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LGI Homes is 11.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.97.Price to Earnings Ratio vs. SectorThe P/E ratio of LGI Homes is 11.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.28.Price to Book Value per Share RatioLGI Homes has a P/B Ratio of 1.85. 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. engages in the design, construction, marketing, and sale of new homes. It focuses on the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, Midwest, Mid-Atlantic, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.Read More 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 Stock News HeadlinesJune 6, 2023 | finance.yahoo.comLGI Homes Opens New Community in Fort Myers MarketJune 6, 2023 | msn.comLGI Homes reports 633 home closings in May 2023, up ~14% sequentiallyJune 8, 2023 | Behind the Markets (Ad)Why Your IRA Could Crash on June 16thChina will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.June 5, 2023 | finance.yahoo.comLGI Homes, Inc. Reports May 2023 Home ClosingsJune 4, 2023 | americanbankingnews.comLGI Homes, Inc. (NASDAQ:LGIH) Receives Average Recommendation of "Reduce" from BrokeragesMay 22, 2023 | finance.yahoo.comLGI Homes Increases Footprint in the Raleigh-Durham MarketMay 16, 2023 | finance.yahoo.comLGI Homes Commemorates 2023 Service Impact Day and Celebrates Employee VolunteerismMay 9, 2023 | finance.yahoo.comLGI Homes Introduces the Terrata Homes Brand into the Seattle Market with the Opening of Falcon Ridge near PuyallupJune 8, 2023 | Behind the Markets (Ad)Why Your IRA Could Crash on June 16thChina will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.May 8, 2023 | americanbankingnews.comBrokerages Set LGI Homes, Inc. (NASDAQ:LGIH) PT at $93.00May 5, 2023 | finance.yahoo.comLGI Homes First Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsMay 5, 2023 | americanbankingnews.comLGI Homes (NASDAQ:LGIH) PT Raised to $77.00May 5, 2023 | americanbankingnews.comBrokers Set Expectations for LGI Homes, Inc.'s Q2 2023 Earnings (NASDAQ:LGIH)May 4, 2023 | msn.comBTIG Maintains LGI Homes (LGIH) Sell RecommendationMay 4, 2023 | msn.comWedbush Reiterates LGI Homes (LGIH) Neutral RecommendationMay 3, 2023 | finance.yahoo.comLGI Homes, Inc. Reports April 2023 Home ClosingsMay 3, 2023 | markets.businessinsider.comBTIG Keeps Their Sell Rating on LGI Homes (LGIH)May 3, 2023 | finance.yahoo.comQ1 2023 LGI Homes Inc Earnings CallMay 2, 2023 | finance.yahoo.comLGI Homes (LGIH) Q1 2023 Earnings Call TranscriptMay 2, 2023 | msn.comWhy LGI Homes Shares Are Falling TodayMay 2, 2023 | finance.yahoo.comLGI Homes (LGIH) Q1 Earnings Lag EstimatesMay 2, 2023 | finance.yahoo.comLGI Homes Reports First Quarter 2023 Results and Updates Guidance for 2023April 30, 2023 | americanbankingnews.comLGI Homes (LGIH) Set to Announce Earnings on TuesdayApril 22, 2023 | americanbankingnews.comLGI Homes (NASDAQ:LGIH) Shares Up 4.6%April 20, 2023 | finance.yahoo.comLGI Homes Expands the Terrata Homes Brand in the Austin Market with the Opening of a New Section at Whisper ValleyApril 17, 2023 | seekingalpha.comLGI Homes: Cooling Inflation Is Building OptimismApril 17, 2023 | finance.yahoo.comLGI Homes, Inc. Celebrates 20 Years of Homebuilding ExcellenceSee More Headlines LGIH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LGIH Company Calendar Last Earnings5/02/2023Today6/07/2023Next Earnings (Estimated)8/01/2023Fiscal 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$93.00 High Stock Price Forecast$130.00 Low Stock Price Forecast$77.00 Forecasted Upside/Downside-28.6%Consensus RatingHold Rating Score (0-4)1.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$11.64 Trailing P/E Ratio11.19 Forward P/E Ratio17.68 P/E GrowthN/ANet Income$326.57 million Net Margins12.24% Pretax Margin15.63% Return on Equity17.08% Return on Assets9.00% Debt Debt-to-Equity Ratio0.62 Current Ratio7.82 Quick Ratio0.25 Sales & Book Value Annual Sales$2.30 billion Price / Sales1.33 Cash Flow$15.40 per share Price / Cash Flow8.46 Book Value$70.52 per share Price / Book1.85Miscellaneous Outstanding Shares23,530,000Free Float20,615,000Market Cap$3.07 billion OptionableOptionable Beta1.71 Key ExecutivesEric Thomas LiparChairman & Chief Executive OfficerMichael Larry SniderPresident & Chief Operating OfficerCharles Michael MerdianChief Financial Officer & TreasurerJack Anthony LiparExecutive Vice President-AcquisitionsRachel EatonChief Marketing OfficerKey CompetitorsGreen Brick PartnersNASDAQ:GRBKCousins PropertiesNYSE:CUZBancFirstNASDAQ:BANFBroadstone Net LeaseNYSE:BNLVirtu FinancialNASDAQ:VIRTView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 263 shares on 5/26/2023Ownership: 0.013%Brandywine Global Investment Management LLCBought 1,376 shares on 5/25/2023Ownership: 0.584%Ameriprise Financial Inc.Sold 4,174 shares on 5/22/2023Ownership: 0.493%JPMorgan Chase & Co.Bought 11,228 shares on 5/18/2023Ownership: 0.194%New York State Common Retirement FundSold 4,000 shares on 5/18/2023Ownership: 0.050%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 research analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research 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 analysts have issued 12 month price objectives for LGI Homes' shares. Their LGIH share price forecasts range from $77.00 to $130.00. On average, they anticipate the company's share price to reach $93.00 in the next twelve months. This suggests that the stock has a possible downside of 28.6%. 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 on January 1st, 2023. Since then, LGIH stock has increased by 40.7% and is now trading at $130.28. 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, August 1st 2023. View our LGIH earnings forecast. How were LGI Homes' earnings last quarter? LGI Homes, Inc. (NASDAQ:LGIH) issued its earnings results on Tuesday, May, 2nd. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by $0.02. The financial services provider earned $487.40 million during the quarter, compared to analysts' expectations of $467.54 million. LGI Homes had a net margin of 12.24% and a trailing twelve-month return on equity of 17.08%. The firm's quarterly revenue was down 10.7% compared to the same quarter last year. During the same period in the prior year, the business earned $3.25 earnings per share. 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), SPDR S&P Homebuilders ETF (XHB), Amplify Inflation Fighter ETF (IWIN), iShares U.S. Home Construction ETF (ITB), First Trust Small Cap Value AlphaDEX Fund (FYT), Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL), iShares S&P Small-Cap 600 Value ETF (IJS) and Vanguard S&P Small-Cap 600 Value ETF (VIOV). 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 shareholders include BlackRock Inc. (14.56%), FMR LLC (8.36%), Wasatch Advisors LP (6.51%), Dimensional Fund Advisors LP (5.33%), State Street Corp (3.73%) and CDAM UK Ltd (2.59%). Insiders that own company stock include Bryan Christopher Sansbury, 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 $130.28. How much money does LGI Homes make? LGI Homes (NASDAQ:LGIH) has a market capitalization of $3.07 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 $11.64 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 6/8/2023 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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