NASDAQ:LGIHLGI Homes Stock Price, Forecast & News

LGI Homes' stock was trading at $68.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LGIH stock has increased by 27.4% and is now trading at $87.87. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings 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, August 4th 2020. View our earnings forecast for LGI Homes.

LGI Homes Inc (NASDAQ:LGIH) issued its quarterly earnings results on Tuesday, May, 5th. The financial services provider reported $1.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.44. The financial services provider had revenue of $454.70 million for the quarter, compared to analysts' expectations of $399.39 million. LGI Homes had a return on equity of 25.33% and a net margin of 10.13%. The company's revenue for the quarter was up 58.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 earnings per share. View LGI Homes' earnings history.

5 Wall Street analysts have issued twelve-month target prices for LGI Homes' stock. Their forecasts range from $42.00 to $96.50. On average, they anticipate LGI Homes' share price to reach $72.70 in the next twelve months. This suggests that the stock has a possible downside of 17.3%. View analysts' price targets for LGI Homes.

News coverage about LGIH stock has been trending negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news 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 five, with scores closest to five being the most favorable. LGI Homes earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near term. 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). View all competitors.

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."

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 $87.87.

LGI Homes has a market capitalization of $2.20 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]