NASDAQ:LGIH

LGI Homes (LGIH) Stock Price, News & Analysis

$92.29
+2.84 (+3.17%)
(As of 05/2/2024 ET)
Today's Range
$87.47
$92.42
50-Day Range
$89.45
$116.37
52-Week Range
$84.15
$141.91
Volume
424,806 shs
Average Volume
207,541 shs
Market Capitalization
$2.18 billion
P/E Ratio
11.54
Dividend Yield
N/A
Price Target
$110.50

LGI Homes MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
19.7% Upside
$110.50 Price Target
Short Interest
Bearish
11.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.14mentions of LGI Homes in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.94 M Sold Last Quarter
Proj. Earnings Growth
21.97%
From $9.24 to $11.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.87 out of 5 stars

Finance Sector

657th out of 858 stocks

Operative Builders Industry

11th out of 15 stocks

LGIH stock logo

About LGI Homes Stock (NASDAQ:LGIH)

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 large institutions looking to acquire single-family rental properties. It 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, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.

LGIH Stock Price History

LGIH Stock News Headlines

Biden out June 13; Kamala won’t replace him?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
Q1 2024 LGI Homes Inc Earnings Call
LGI Homes Reports First Quarter 2024 Results
LGI Homes earnings preview: what to expect
Biden out June 13; Kamala won’t replace him?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
LGI Homes (NASDAQ:LGIH) Lifted to Hold at StockNews.com
LGI Homes (LGIH) Set to Announce Quarterly Earnings on Tuesday
LGI Homes, Inc. (LGIH)
RSI Alert: LGI Homes (LGIH) Now Oversold
JMP Securities Remains a Buy on LGI Homes (LGIH)
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/02/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Operative builders
Sub-Industry
N/A
Current Symbol
NASDAQ:LGIH
Employees
1,089
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$110.50
High Stock Price Target
$160.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+25.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$199.23 million
Pretax Margin
11.16%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$8.36 per share
Book Value
$79.28 per share

Miscellaneous

Free Float
20,653,000
Market Cap
$2.07 billion
Optionable
Optionable
Beta
1.86
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LGIH Stock Analysis - Frequently Asked Questions

Should I buy or sell LGI Homes stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LGIH shares.
View LGIH analyst ratings
or view top-rated stocks.

What is LGI Homes' stock price target for 2024?

5 analysts have issued 1 year target prices for LGI Homes' stock. Their LGIH share price targets range from $74.00 to $160.00. On average, they anticipate the company's stock price to reach $110.50 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price.
View analysts price targets for LGIH
or view top-rated stocks among Wall Street analysts.

How have LGIH shares performed in 2024?

LGI Homes' stock was trading at $133.16 at the start of the year. Since then, LGIH shares have decreased by 30.7% and is now trading at $92.29.
View the best growth stocks for 2024 here
.

When is LGI Homes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our LGIH earnings forecast
.

How were LGI Homes' earnings last quarter?

LGI Homes, Inc. (NASDAQ:LGIH) issued its quarterly earnings results on Tuesday, April, 30th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by $0.30. The financial services provider had revenue of $390.90 million for the quarter, compared to analysts' expectations of $400 million. LGI Homes had a trailing twelve-month return on equity of 10.43% and a net margin of 8.37%. The business's revenue for the quarter was down 19.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.14 earnings per share.

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

151 employees have rated LGI Homes Chief Executive Officer Eric Lipar on Glassdoor.com. Eric Lipar has an approval rating of 96% among the company's 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?
Who are LGI Homes' major shareholders?

LGI Homes' stock is owned by a number of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (6.19%), Ampfield Management L.P. (2.27%), Tributary Capital Management LLC (0.64%), Principal Financial Group Inc. (0.45%), Raymond James & Associates (0.24%) and Montgomery Investment Management Inc. (0.23%). Insiders that own company stock include Charles Michael Merdian, Eric Thomas Lipar, Jack Anthony Lipar, Maria Renna Sharpe, Michael Larry Snider, Rachel Lyons Eaton, Ryan Edone, Scott James Garber, Scott James Garber and Steven Randal Smith.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LGIH) was last updated on 5/2/2024 by MarketBeat.com Staff

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