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NASDAQ:LGIH

LGI Homes (LGIH) Stock Price, News & Analysis

$93.63
-0.76 (-0.81%)
(As of 05:22 PM ET)
Today's Range
$92.25
$93.78
50-Day Range
$89.45
$107.23
52-Week Range
$84.15
$141.91
Volume
168,714 shs
Average Volume
204,212 shs
Market Capitalization
$2.21 billion
P/E Ratio
11.70
Dividend Yield
N/A
Price Target
$110.50

LGI Homes MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
18.0% Upside
$110.50 Price Target
Short Interest
Bearish
10.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.12mentions of LGI Homes in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.81%
From $9.07 to $11.32 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.

2.55 out of 5 stars

Finance Sector

606th out of 868 stocks

Operative Builders Industry

13th out of 17 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

LGI Homes (NASDAQ:LGIH) Stock Price Up 7.9%
LGI Homes Opens New Community in San Antonio Market
LGI Homes Celebrates National Homeownership Month
LGI Homes, Inc. Reports May 2024 Home Closings
25 Countries with the Lowest Home Ownership Rates
LGI Homes, Inc. Reports April 2024 Home Closings
Q1 2024 LGI Homes Inc Earnings Call
LGI Homes Reports First Quarter 2024 Results
LGI Homes earnings preview: what to expect
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
6/14/2024
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
+19.0%
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
$8.28 per share
Book Value
$78.77 per share

Miscellaneous

Free Float
20,645,000
Market Cap
$2.19 billion
Optionable
Optionable
Beta
1.91
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LGIH Stock Analysis - Frequently Asked Questions

Should I buy or sell LGI Homes stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued twelve-month price targets for LGI Homes' shares. 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 year. This suggests a possible upside of 18.0% 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 on January 1st, 2024. Since then, LGIH stock has decreased by 29.7% and is now trading at $93.63.
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) released its earnings results on Tuesday, April, 30th. The financial services provider reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by $0.30. The financial services provider had revenue of $390.90 million for the quarter, compared to the consensus estimate of $400 million. LGI Homes had a net margin of 8.37% and a trailing twelve-month return on equity of 10.43%. The firm's revenue was down 19.8% compared to the same quarter last year. During the same period last year, the firm earned $1.14 EPS.

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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.42%), Wasatch Advisors LP (6.19%), Capital World Investors (3.59%), Ampfield Management L.P. (2.27%), Tributary Capital Management LLC (0.64%) and Epoch Investment Partners Inc. (0.58%). 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 6/14/2024 by MarketBeat.com Staff

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