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 earnings per share for the quarter, beating the Zacks' 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 quarterly revenue was up 71.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share. View LGI Homes' Earnings History.

LGI Homes updated 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 estimate of $6.29.

4 brokers have issued 1-year price targets for LGI Homes' shares. Their predictions range from $49.00 to $68.00. On average, they expect LGI Homes' stock price to reach $59.25 in the next twelve months. This suggests that the stock has a possible downside of 4.1%. 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).

Headlines about LGIH stock have trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LGI Homes earned a coverage optimism score of 0.20 on Accern's scale. They also gave news stories about the financial services provider an impact score of 44.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

LGI Homes' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Moon Capital Management LLC (0.23%) and Manning & Napier Group LLC (0.05%). 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 purchased by a variety of institutional investors in the last quarter, including Moon Capital Management LLC and Manning & Napier Group LLC. 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 $61.76.

LGI Homes has a market capitalization of $1.37 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]