NASDAQ:LGIHLGI Homes Stock Price, Forecast & News

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LGIH shares have increased by 57.9% and is now trading at $108.94.
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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) posted its quarterly earnings data on Tuesday, August, 4th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.72. The financial services provider earned $481.60 million during the quarter, compared to analyst estimates of $474.10 million. LGI Homes had a return on equity of 25.02% and a net margin of 10.50%. The company's revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.82 EPS.
View LGI Homes' earnings history.

5 brokerages have issued 1 year target prices for LGI Homes' shares. Their forecasts range from $50.00 to $122.00. On average, they anticipate LGI Homes' stock price to reach $94.90 in the next twelve months. This suggests that the stock has a possible downside of 12.9%.
View analysts' price targets for LGI Homes.

Media stories about LGIH stock have trended somewhat negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LGI Homes earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about LGI Homes.

LGI Homes saw a decline in short interest in January. As of January 31st, there was short interest totaling 2,170,000 shares, a decline of 20.2% from the January 15th total of 2,720,000 shares. Based on an average trading volume of 232,100 shares, the short-interest ratio is currently 9.3 days. Approximately 11.4% of the company's shares are sold short.
View LGI Homes' Short Interest.

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), M/I Homes (MHO), Century Communities (CCS), 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), Micron Technology (MU), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS) and NIC (EGOV).

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

LGI Homes' stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (6.56%), Vanguard Group Inc. (5.67%), Gilder Gagnon Howe & Co. LLC (4.47%), Frontier Capital Management Co. LLC (1.86%), Epoch Investment Partners Inc. (1.01%) and Driehaus Capital Management LLC (0.71%). 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 Epoch Investment Partners Inc., Gilder Gagnon Howe & Co. LLC, James Investment Research Inc., FMR LLC, Bank of America Corp DE, Holocene Advisors LP, Crown Advisors Management Inc., and Principal Financial Group Inc.. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Duncan S Gage, 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, Vanguard Group Inc., Goldman Sachs Group Inc., Man Group plc, Driehaus Capital Management LLC, Calamos Advisors LLC, PDT Partners LLC, and Precept Management LLC.
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 $108.94.

LGI Homes has a market capitalization of $2.73 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]