NASDAQ:LGIHLGI Homes Stock Price, Forecast & News

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LGIH stock has increased by 53.8% and is now trading at $106.09.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 4 hold ratings and 1 buy rating 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, November 3rd 2020.
View our earnings forecast for LGI Homes.

LGI Homes Inc (NASDAQ:LGIH) announced its quarterly earnings results on Tuesday, August, 4th. The financial services provider reported $2.21 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.72. The financial services provider earned $481.60 million during the quarter, compared to analyst estimates of $474.10 million. LGI Homes had a net margin of 10.50% and a return on equity of 25.02%. The business's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period last year, the business posted $1.82 earnings per share.
View LGI Homes' earnings history.

5 equities research analysts have issued 1-year price objectives for LGI Homes' stock. Their forecasts range from $50.00 to $122.00. On average, they expect LGI Homes' stock price to reach $94.90 in the next twelve months. This suggests that the stock has a possible downside of 10.5%.
View analysts' price targets for LGI Homes.

News stories about LGIH stock have trended negative recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. 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 news sentiment score of -2.4 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.
View the latest news about LGI Homes.

LGI Homes saw a drop in short interest in January. As of January 31st, there was short interest totaling 2,170,000 shares, a drop of 20.2% from the January 15th total of 2,720,000 shares. Based on an average daily volume of 232,100 shares, the short-interest ratio is currently 9.3 days. Approximately 11.4% of the company's shares are short sold.
View LGI Homes' Short Interest.

Some companies that are related to LGI Homes include Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), Taylor Morrison Home (TMHC), M.D.C. (MDC), TRI Pointe Group (TPH), M/I Homes (MHO), Century Communities (CCS), Green Brick Partners (GRBK), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), New Home (NWHM) and Comstock Holding Companies (CHCI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other LGI Homes investors own include CA (CA), BlackRock (BLK), Micron Technology (MU), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS) and NIC (EGOV).

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

LGI Homes' stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (6.56%), Frontier Capital Management Co. LLC (1.86%), Epoch Investment Partners Inc. (1.01%), Principal Financial Group Inc. (0.66%), Goldman Sachs Group Inc. (0.62%) and UBS Group AG (0.53%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Duncan S Gage, 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 Epoch Investment Partners Inc., James Investment Research Inc., FMR LLC, Crown Advisors Management Inc., Principal Financial Group Inc., White Pine Capital LLC, Frontier Capital Management Co. LLC, and AlphaCrest Capital Management LLC. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Duncan S Gage, 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 Sara Bay Financial, Goldman Sachs Group Inc., Calamos Advisors LLC, Rafferty Asset Management LLC, Marshall Wace North America L.P., Trexquant Investment LP, New York State Teachers Retirement System, and Swiss National Bank.
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 $106.09.

LGI Homes has a market capitalization of $2.66 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]