LGI Homes - LGIH Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.
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5 Wall Street analysts have issued 12 month price targets for LGI Homes' shares. Their LGIH share price forecasts range from $84.00 to $140.00. On average, they expect the company's stock price to reach $99.20 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
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LGI Homes' stock was trading at $154.48 at the beginning of 2022. Since then, LGIH stock has decreased by 37.3% and is now trading at $96.87.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
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LGI Homes, Inc. (NASDAQ:LGIH) released its earnings results on Tuesday, November, 2nd. The financial services provider reported $4.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.03 by $0.02. The financial services provider earned $751.61 million during the quarter, compared to analysts' expectations of $734.17 million. LGI Homes had a trailing twelve-month return on equity of 27.19% and a net margin of 15.43%. During the same period last year, the business posted $2.45 earnings per share.

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.

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).

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

LGI Homes' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.36%), Vanguard Group Inc. (9.25%), Dimensional Fund Advisors LP (3.89%), State Street Corp (3.42%), CDAM UK Ltd (2.56%) and Disciplined Growth Investors Inc. MN (2.45%). 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 and Steven Randal Smith.
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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.
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One share of LGIH stock can currently be purchased for approximately $96.87.

LGI Homes (NASDAQ:LGIH) has a market capitalization of $2.26 billion and generates $3.05 billion in revenue each year. The financial services provider earns $429.64 million in net income (profit) each year or $16.83 on an earnings per share basis.

The company employs 952 workers across the globe.

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.