NASDAQ:LGIHLGI Homes Stock Price, Forecast & News

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LGIH stock has increased by 51.7% and is now trading at $104.61. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for LGI Homes.

LGI Homes is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for LGI Homes.

LGI Homes will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

LGI Homes Inc (NASDAQ:LGIH) posted its quarterly earnings data on Tuesday, May, 5th. The financial services provider reported $1.67 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.23 by $0.44. The financial services provider had revenue of $454.70 million for the quarter, compared to analysts' expectations of $399.39 million. LGI Homes had a return on equity of 25.33% and a net margin of 10.13%. LGI Homes's quarterly revenue was up 58.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 earnings per share. View LGI Homes' earnings history.

5 brokerages have issued 12-month price targets for LGI Homes' shares. Their forecasts range from $42.00 to $120.00. On average, they anticipate LGI Homes' stock price to reach $78.90 in the next year. This suggests that the stock has a possible downside of 24.6%. View analysts' price targets for LGI Homes.

Press coverage about LGIH stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LGI Homes earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about LGI Homes.

Some companies that are related to LGI Homes include PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), Taylor Morrison Home (TMHC), M.D.C. (MDC), TRI Pointe Group (TPH), Century Communities (CCS), M/I Homes (MHO), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other LGI Homes investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), NVIDIA (NVDA), Walt Disney (DIS) and Alibaba Group (BABA).

LGI Homes trades on the NASDAQ under the ticker symbol "LGIH."

LGI Homes' stock is owned by a variety of institutional and retail investors. Top institutional investors include Toth Financial Advisory Corp (0.03%), Louisiana State Employees Retirement System (0.02%), Everence Capital Management Inc. (0.02%) and 6 Meridian (0.01%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Michael Larry Snider, Rachel Lyons Eaton, Robert Karnig Vahradian, Ryan Edone and Steven Randal Smith. View institutional ownership trends for LGI Homes.

LGIH stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Eric Thomas Lipar, and Ryan Edone. View insider buying and selling activity for LGI Homes.

LGIH stock was acquired by a variety of institutional investors in the last quarter, including Toth Financial Advisory Corp, Everence Capital Management Inc., and Louisiana State Employees Retirement System. View insider buying and selling activity for LGI Homes.

Shares of LGIH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LGIH stock can currently be purchased for approximately $104.61.

LGI Homes has a market capitalization of $2.62 billion and generates $1.84 billion in revenue each year. The financial services provider earns $178.61 million in net income (profit) each year or $7.02 on an earnings per share basis. LGI Homes employs 857 workers across the globe.

The official website for LGI Homes is www.lgihomes.com.

LGI Homes' mailing address is 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX, 77380. The financial services provider can be reached via phone at 281-362-8998 or via email at [email protected]