NASDAQ:LGIH - LGI Homes Stock Price, Price Target & More

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

LGI Homes Inc (NASDAQ:LGIH) issued its quarterly earnings data on Tuesday, May, 8th. The financial services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $0.77 by $0.33. The financial services provider earned $279 million during the quarter, compared to analyst estimates of $271.68 million. LGI Homes had a return on equity of 27.68% and a net margin of 9.38%. The business's revenue for the quarter was up 71.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.52 EPS. View LGI Homes' Earnings History.

LGI Homes issued an update on its FY18 earnings guidance on Tuesday, May, 8th. The company provided EPS guidance of $6.00-7.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.29.

4 Wall Street analysts have issued 12-month price targets for LGI Homes' shares. Their forecasts range from $49.00 to $68.00. On average, they expect LGI Homes' stock price to reach $59.25 in the next year. This suggests that the stock has a possible downside of 1.1%. View Analyst Ratings for LGI Homes.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to LGI Homes include TRI Pointe Group (TPH), Taylor Morrison Home (TMHC), KB Home (KBH), Meritage Homes (MTH), M.D.C. (MDC), Century Communities (CCS), William Lyon Homes (WLH), M/I Homes (MHO), Beazer Homes USA (BZH), Green Brick Partners (GRBK), AV Homes (AVHI), Hovnanian Enterprises, Inc. Class A (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).

News headlines about LGIH stock have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. LGI Homes earned a coverage optimism score of 0.11 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 45.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

LGI Homes' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (2.17%), James Investment Research Inc. (0.31%), Moon Capital Management LLC (0.23%), Municipal Employees Retirement System of Michigan (0.06%), Manning & Napier Group LLC (0.05%) and Creative Planning (0.02%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Margaret Mary Britton, Michael Larry Snider, Rachel Lyons Eaton and Ryan Edone. View Institutional Ownership Trends for LGI Homes.

LGIH stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., James Investment Research Inc. and Municipal Employees Retirement System of Michigan. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Margaret Mary Britton, Michael Larry Snider and Rachel Lyons Eaton. View Insider Buying and Selling for LGI Homes.

LGIH stock was acquired by a variety of institutional investors in the last quarter, including Moon Capital Management LLC, Manning & Napier Group LLC and Creative Planning. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of LGIH stock can currently be purchased for approximately $59.91.

LGI Homes has a market capitalization of $1.40 billion and generates $1.26 billion in revenue each year. The financial services provider earns $113.30 million in net income (profit) each year or $4.73 on an earnings per share basis. LGI Homes employs 726 workers across the globe.

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]