S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
NASDAQ:LGIH

LGI Homes - LGIH Stock Forecast, Price & News

$108.15
-2.76 (-2.49%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$107.55
$111.05
50-Day Range
$74.23
$114.32
52-Week Range
$71.73
$165.91
Volume
181,595 shs
Average Volume
242,004 shs
Market Capitalization
$2.52 billion
P/E Ratio
6.35
Dividend Yield
N/A
Price Target
$101.25

LGI Homes MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.4% Downside
$101.25 Price Target
Short Interest
Bearish
15.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of LGI Homes in the last 14 days
Based on 24 Articles This Week
Insider Trading
Acquiring Shares
$82,380 Bought Last Quarter
Proj. Earnings Growth
-11.66%
From $19.13 to $16.90 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.50 out of 5 stars

Finance Sector

1027th out of 1,176 stocks

Operative Builders Industry

17th out of 18 stocks

LGIH stock logo

About LGI Homes (NASDAQ:LGIH) Stock

LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to companies looking to acquire single-family rental properties. As of December 31, 2021, it owned 101 communities. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, and Pennsylvania. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.

LGI Homes Stock Performance

LGI Homes stock opened at $108.15 on Friday. The stock has a market cap of $2.52 billion, a P/E ratio of 6.35 and a beta of 1.57. The company has a current ratio of 13.59, a quick ratio of 0.86 and a debt-to-equity ratio of 0.76. The stock has a 50 day moving average of $95.63 and a 200-day moving average of $104.37. LGI Homes has a 52 week low of $71.73 and a 52 week high of $165.91.

LGI Homes (NASDAQ:LGIH - Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The financial services provider reported $5.20 EPS for the quarter, beating analysts' consensus estimates of $4.53 by $0.67. The company had revenue of $723.07 million for the quarter, compared to analyst estimates of $715.65 million. LGI Homes had a return on equity of 29.21% and a net margin of 14.67%. The company's quarterly revenue was down 8.6% compared to the same quarter last year. During the same period last year, the company earned $4.71 earnings per share. On average, analysts expect that LGI Homes will post 19.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on LGIH shares. StockNews.com upgraded shares of LGI Homes from a "sell" rating to a "hold" rating in a research report on Wednesday. BTIG Research upgraded shares of LGI Homes from a "sell" rating to a "neutral" rating in a research note on Wednesday, April 20th. JMP Securities reduced their price objective on shares of LGI Homes from $175.00 to $140.00 and set a "market outperform" rating for the company in a research report on Wednesday. Wells Fargo & Company reduced their price objective on shares of LGI Homes from $108.00 to $90.00 and set an "equal weight" rating for the company in a research report on Friday, June 17th. Finally, JPMorgan Chase & Co. cut their target price on shares of LGI Homes from $85.00 to $77.00 and set an "underweight" rating on the stock in a report on Tuesday, July 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $101.25.

Insiders Place Their Bets

In related news, Director Ryan Edone acquired 1,000 shares of the business's stock in a transaction that occurred on Wednesday, June 15th. The shares were acquired at an average cost of $82.38 per share, with a total value of $82,380.00. Following the purchase, the director now owns 26,778 shares of the company's stock, valued at $2,205,971.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 12.50% of the company's stock.

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LGIH Stock News Headlines

StockNews.com Upgrades LGI Homes (NASDAQ:LGIH) to "Hold"
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LGI Homes (NASDAQ:LGIH) PT Lowered to $140.00
LGI Homes (NASDAQ:LGIH) Trading Down 5.6%
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LGI Homes Reports July 2022 Home Closings
LGI Homes (LGIH) Q2 2022 Earnings Call Transcript
LGI Homes (LGIH) to Release Quarterly Earnings on Tuesday
LGI Homes Opens New Community in the Atlanta Market
Oversold Conditions For LGI Homes
See More Headlines
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LGIH Company Calendar

Last Earnings
8/02/2022
Today
8/07/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Operative builders
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LGIH
Employees
952
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$101.25
High Stock Price Forecast
$140.00
Low Stock Price Forecast
$77.00
Forecasted Upside/Downside
-6.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$429.64 million
Pretax Margin
18.89%

Debt

Sales & Book Value

Annual Sales
$3.05 billion
Cash Flow
$17.76 per share
Book Value
$65.05 per share

Miscellaneous

Free Float
20,364,000
Market Cap
$2.52 billion
Optionable
Optionable
Beta
1.57














LGIH Stock - Frequently Asked Questions

Should I buy or sell LGI Homes stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LGI Homes stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LGIH, but not buy additional shares or sell existing shares.
View analyst ratings for LGI Homes
or view top-rated stocks.

What is LGI Homes' stock price forecast for 2022?

4 brokers have issued 12 month price targets for LGI Homes' stock. Their LGIH stock forecasts range from $77.00 to $140.00. On average, they predict LGI Homes' share price to reach $101.25 in the next year. This suggests that the stock has a possible downside of 6.4%.
View analysts' price targets for LGI Homes
or view top-rated stocks among Wall Street analysts.

How has LGI Homes' stock performed in 2022?

LGI Homes' stock was trading at $154.48 at the beginning of 2022. Since then, LGIH stock has decreased by 30.0% and is now trading at $108.15.
View the best growth stocks for 2022 here
.

When is LGI Homes' next earnings date?

LGI Homes is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for LGI Homes
.

How were LGI Homes' earnings last quarter?

LGI Homes, Inc. (NASDAQ:LGIH) announced its quarterly earnings results on Tuesday, August, 2nd. The financial services provider reported $5.20 EPS for the quarter, beating analysts' consensus estimates of $4.53 by $0.67. The financial services provider had revenue of $723.07 million for the quarter, compared to analyst estimates of $715.65 million. LGI Homes had a net margin of 14.67% and a trailing twelve-month return on equity of 29.21%. The firm's revenue for the quarter was down 8.6% on a year-over-year basis. During the same quarter last year, the business posted $4.71 earnings per share.

What is Eric Lipar's approval rating as LGI Homes' CEO?

151 employees have rated LGI Homes CEO Eric Lipar on Glassdoor.com. Eric Lipar has an approval rating of 96% among LGI Homes' employees. This puts Eric Lipar in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of LGI Homes own?

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 Walt Disney (DIS).

What is LGI Homes' stock symbol?

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

Who are LGI Homes' major shareholders?

LGI Homes' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include abrdn plc (1.37%), Tributary Capital Management LLC (0.45%), Montgomery Investment Management Inc. (0.43%), Frontier Capital Management Co. LLC (0.40%), Scout Investments Inc. (0.34%) and Liontrust Investment Partners LLP (0.16%). Company insiders that own LGI Homes stock include Bryan Christopher Sansbury, Charles Michael Merdian, Duncan S Gage, Eric Thomas Lipar, Jack Anthony Lipar, Maria Renna Sharpe, Michael Larry Snider, Rachel Lyons Eaton, Robert Karnig Vahradian, Ryan Edone and Steven Randal Smith.
View institutional ownership trends for LGI Homes
.

How do I buy shares of LGI Homes?

Shares of LGIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is LGI Homes' stock price today?

One share of LGIH stock can currently be purchased for approximately $108.15.

How much money does LGI Homes make?

LGI Homes (NASDAQ:LGIH) has a market capitalization of $2.52 billion and generates $3.05 billion in revenue each year. The financial services provider earns $429.64 million in net income (profit) each year or $17.03 on an earnings per share basis.

How many employees does LGI Homes have?

LGI Homes employs 952 workers across the globe.

How can I contact LGI Homes?

LGI Homes' mailing address is 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX, 77380. The official website for LGI Homes is www.lgihomes.com. The financial services provider can be reached via phone at (281) 362-8998, via email at investorrelations@lgihomes.com, or via fax at 281-210-2601.

This page (NASDAQ:LGIH) was last updated on 8/7/2022 by MarketBeat.com Staff

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