LGI Homes Stock Forecast, Price & 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. Since then, LGIH shares have increased by 69.4% and is now trading at $116.88.
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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."
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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 will be holding an earnings conference call on Tuesday, November 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

LGI Homes Inc (NASDAQ:LGIH) issued its quarterly earnings data on Tuesday, August, 4th. The financial services provider reported $2.21 earnings per share (EPS) 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 analysts' expectations of $474.10 million. LGI Homes had a return on equity of 25.02% and a net margin of 10.50%. LGI Homes's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $1.82 earnings per share.
View LGI Homes' earnings history.

5 Wall Street analysts have issued 1-year target prices for LGI Homes' shares. Their forecasts range from $50.00 to $140.00. On average, they expect LGI Homes' stock price to reach $103.60 in the next twelve months. This suggests that the stock has a possible downside of 11.4%.
View analysts' price targets for 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 Harbor Custom Development (HCDI).
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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 The Walt Disney (DIS).

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

LGI Homes' stock is owned by many different retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.35%), Sara Bay Financial (0.25%), Standard Life Aberdeen plc (0.07%), Louisiana State Employees Retirement System (0.04%), Fulcrum Asset Management LLP (0.04%) and Campbell Newman Asset Management Inc. (0.03%). 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 Sara Bay Financial, Brookstone Capital Management, Scout Investments Inc., and Crossmark Global Holdings Inc.. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Duncan S Gage, Eric Thomas Lipar, Michael Larry Snider, Ryan Edone, and Steven Randal Smith.
View insider buying and selling activity for LGI Homes.

LGIH stock was acquired by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Fulcrum Asset Management LLP, Louisiana State Employees Retirement System, Avantax Advisory Services Inc., Nisa Investment Advisors LLC, and Campbell Newman Asset Management Inc..
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 $116.88.

LGI Homes has a market capitalization of $2.93 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]