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) posted its quarterly earnings results on Tuesday, May, 8th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.77 by $0.33. The financial services provider had revenue of $279 million for 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 was up 71.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. View LGI Homes' Earnings History.

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

4 equities research analysts have issued 12-month price objectives for LGI Homes' shares. Their forecasts range from $49.00 to $68.00. On average, they anticipate LGI Homes' stock price to reach $59.25 in the next year. This suggests that the stock has a possible downside of 2.2%. 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 articles about LGIH stock have been trending positive on Tuesday, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LGI Homes earned a coverage optimism score of 0.32 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.75 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

LGI Homes' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 $60.56.

LGI Homes has a market capitalization of $1.32 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]