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) announced its earnings results on Tuesday, May, 8th. The financial services provider reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.33. The financial services provider earned $279 million during the quarter, compared to the consensus estimate of $271.68 million. LGI Homes had a net margin of 9.38% and a return on equity of 27.68%. The business's quarterly revenue was up 71.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 earnings per share. View LGI Homes' Earnings History.

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

4 equities research analysts have issued twelve-month target prices for LGI Homes' shares. Their predictions range from $49.00 to $68.00. On average, they anticipate LGI Homes' share price to reach $59.25 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. 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 stories about LGIH stock have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LGI Homes earned a news impact score of 0.01 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 45.92 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

LGI Homes' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (2.17%), James Investment Research Inc. (0.31%), Moon Capital Management LLC (0.23%), Municipal Employees Retirement System of Michigan (0.06%), Manning & Napier Group LLC (0.05%) and Creative Planning (0.02%). 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 sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., James Investment Research Inc. and Municipal Employees Retirement System of Michigan. Company insiders that have sold LGI Homes company stock in the last year include Bryan Christopher Sansbury, Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Margaret Mary Britton, Michael Larry Snider and Rachel Lyons Eaton. View Insider Buying and Selling for LGI Homes.

LGIH stock was purchased by a variety of institutional investors in the last quarter, including Moon Capital Management LLC, Manning & Napier Group LLC and Creative Planning. 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 $59.91.

LGI Homes has a market capitalization of $1.35 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]