NASDAQ:LGIHLGI Homes Stock Price, Forecast & News

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LGIH shares have increased by 62.4% and is now trading at $112.04.
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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) issued its earnings results on Tuesday, August, 4th. The financial services provider reported $2.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.49 by $0.72. The financial services provider earned $481.60 million during the quarter, compared to the consensus estimate of $474.10 million. LGI Homes had a net margin of 10.50% and a return on equity of 25.02%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.82 EPS.
View LGI Homes' earnings history.

5 Wall Street analysts have issued 12-month price targets for LGI Homes' stock. Their forecasts range from $50.00 to $122.00. On average, they anticipate LGI Homes' share price to reach $94.90 in the next year. This suggests that the stock has a possible downside of 15.3%.
View analysts' price targets for LGI Homes.

Press coverage about LGIH stock has been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LGI Homes earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about LGI Homes.

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), 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).
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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), 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 Frontier Capital Management Co. LLC (1.86%), Principal Financial Group Inc. (0.66%), UBS Group AG (0.53%), Sara Bay Financial (0.37%), Crown Advisors Management Inc. (0.26%) and Calamos Advisors LLC (0.24%). 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 James Investment Research Inc., Crown Advisors Management Inc., Principal Financial Group Inc., Frontier Capital Management Co. LLC, SG Americas Securities LLC, 6 Meridian, First Trust Advisors LP, and Icon Advisers Inc. Co.. 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 purchased by a variety of institutional investors in the last quarter, including Sara Bay Financial, Calamos Advisors LLC, Rafferty Asset Management LLC, Trexquant Investment LP, New York State Teachers Retirement System, Swiss National Bank, Russell Investments Group Ltd., and Toth Financial Advisory Corp.
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 $112.04.

LGI Homes has a market capitalization of $2.81 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]