Should I buy or sell LGI Homes stock right now?

5 Wall Street research 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 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 12 month price objectives for LGI Homes' shares. Their LGIH share price targets range from $74.00 to $160.00. On average, they predict the company's share price to reach $110.50 in the next year. This suggests a possible upside of 16.7% 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 beginning of 2024. Since then, LGIH stock has decreased by 28.9% and is now trading at $94.66. 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, April 30th 2024. View our LGIH earnings forecast .

How can I listen to LGI Homes' earnings call?

LGI Homes will be holding an earnings conference call on Tuesday, April 30th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were LGI Homes' earnings last quarter?

LGI Homes, Inc. (NASDAQ:LGIH) issued its earnings results on Tuesday, February, 20th. The financial services provider reported $2.19 EPS for the quarter, missing the consensus estimate of $2.54 by $0.35. The financial services provider earned $608.41 million during the quarter, compared to analysts' expectations of $663.95 million. LGI Homes had a trailing twelve-month return on equity of 11.28% and a net margin of 8.45%. The firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 EPS.

What ETFs hold LGI Homes' stock?

ETFs with the largest weight of LGI Homes (NASDAQ:LGIH) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , Amplify Inflation Fighter ETF (IWIN) , SPDR S&P Homebuilders ETF (XHB) , iShares U.S. Home Construction ETF (ITB) , WisdomTree U.S. SmallCap Fund (EES) , Dimensional US Small Cap Value ETF (DFSV) and Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL) . SPDR S&P 600 Small Cap ETF (SLY) .

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?

Based on aggregate information from My MarketBeat watchlists, some companies that other LGI Homes investors own include Xtrackers California Municipal Bond ETF (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) .

Who are LGI Homes' major shareholders?

LGI Homes' stock is owned by a variety of institutional and retail investors. Top institutional investors include Ampfield Management L.P. (2.27%), Fragasso Group Inc. (0.11%), Brookstone Capital Management (0.02%), NBC Securities Inc. (0.01%) and Mather Group LLC. (0.00%). 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 .

NASDAQ:LGIH

LGI Homes (LGIH) Stock Price, News & Analysis

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Free LGIH Stock Alerts

$93.43

+0.81 (+0.87%)

(As of 04:35 PM ET)

Compare

Today's Range: $92.77
▼
$96.25
50-Day Range: $92.62
▼
$130.60
52-Week Range: $84.15
▼
$141.91

Volume: 302,130 shs
Average Volume: 196,695 shs
Market Capitalization: $2.20 billion

P/E Ratio: 11.10
Dividend Yield: N/A
Price Target: $110.50

Get LGI Homes alerts:

LGI Homes MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.80 Rating Score
Upside/Downside: 16.7% Upside
$110.50 Price Target
Short Interest: Bearish
10.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 6 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.

2.40 out of 5 stars

Finance Sector

583rd out of 835 stocks

Operative Builders Industry

11th out of 17 stocks

1.9

Analyst's Opinion

Consensus Rating
LGI Homes has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
LGI Homes has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
10.91% of the float of LGI Homes has been sold short.
Short Interest Ratio / Days to Cover
LGI Homes has a short interest ratio ("days to cover") of 11.7, which indicates bearish sentiment.
Change versus previous month
Short interest in LGI Homes has recently decreased by 1.32%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
LGI Homes does not currently pay a dividend.
Dividend Growth
LGI Homes does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LGIH.

2.9

News and Social Media Coverage

News Sentiment
LGI Homes has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for LGI Homes this week, compared to 4 articles on an average week.
Search Interest
2 people have searched for LGIH on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
4 people have added LGI Homes to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LGI Homes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,944,291.00 in company stock.
Percentage Held by Insiders
12.40% of the stock of LGI Homes is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
84.89% of the stock of LGI Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for LGI Homes are expected to grow by 21.97% in the coming year, from $9.24 to $11.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LGI Homes is 11.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of LGI Homes is 11.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.68.
Price to Book Value per Share Ratio
LGI Homes has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

LGIH Stock News Headlines

April 18, 2024 | americanbankingnews.com

LGI Homes (NASDAQ:LGIH) Lowered to Sell at StockNews.com

April 17, 2024 | seekingalpha.com

LGI Homes: Short-Term Uncertainty, Long-Term Optimism

April 18, 2024 | Insiders Exposed (Ad)

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April 16, 2024 | finance.yahoo.com

LGI Homes Opens its First Community in St. Cloud, Minnesota Market

April 12, 2024 | investors.com

Homebuilder Rally Faces Reckoning As Stocks Bog Down — Should Investors Sell?

April 8, 2024 | bizjournals.com

Real estate unicorn buys up lots in Franklin, Harnett counties

April 6, 2024 | finance.yahoo.com

An Intrinsic Calculation For LGI Homes, Inc. (NASDAQ:LGIH) Suggests It's 42% Undervalued

April 5, 2024 | markets.businessinsider.com

JMP Securities Remains a Buy on LGI Homes (LGIH)

April 18, 2024 | Insiders Exposed (Ad)

This consistently signaled gains of 453%... 610%... and even 1036%...

April 4, 2024 | benzinga.com

Peering Into LGI Homes's Recent Short Interest

April 3, 2024 | globenewswire.com

LGI Homes Reports March and First Quarter 2024 Home Closings and Announces Date for First Quarter Earnings Conference Call

April 2, 2024 | investopedia.com

Homebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price Drop

April 2, 2024 | globenewswire.com

LGI Homes Named a Top Workplace for the Fourth Consecutive Year

March 27, 2024 | globenewswire.com

LGI Homes Awarded Prestigious 2-10 Home Buyers Warranty Platinum Builder Award for Outstanding Leadership in New Construction

March 17, 2024 | msn.com

Kate Middleton Misses Traditional Outing at St. Patrick's Day Parade as She Continues Surgery Recovery

March 17, 2024 | nz.finance.yahoo.com

Usher, Fantasia Barrino and 'The Color Purple' win top honors at 2024 NAACP Image Awards

March 17, 2024 | finance.yahoo.com

LGI Homes (NASDAQ:LGIH) sheds 4.4% this week, as yearly returns fall more in line with earnings growth

March 16, 2024 | finance.yahoo.com

20 Most Affordable US Cities for Renters

March 14, 2024 | finance.yahoo.com

LGIH Dec 2024 80.000 put

March 14, 2024 | finance.yahoo.com

LGIH May 2024 130.000 put

March 14, 2024 | finance.yahoo.com

LGIH May 2024 75.000 put

March 14, 2024 | finance.yahoo.com

LGIH Dec 2024 140.000 put

March 7, 2024 | finance.yahoo.com

20 Best Places to Live in Texas in 2024

March 6, 2024 | finance.yahoo.com

LGIH Dec 2024 185.000 call

March 6, 2024 | finance.yahoo.com

LGIH Aug 2024 180.000 put

March 5, 2024 | globenewswire.com

LGI Homes, Inc. Reports February 2024 Home Closings

March 4, 2024 | globenewswire.com

Terrata Homes Expands Presence with A New Community in Seattle

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Operative builders
Sub-Industry: N/A
Current Symbol: NASDAQ:LGIH
CUSIP: N/A
CIK: 1580670
Web: www.lgihomes.com
Phone: (281) 362-8998
Fax: 281-210-2601
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: +17.6%
Consensus Rating: Reduce
Rating Score (0-4): 1.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.42
Trailing P/E Ratio: 11.16
Forward P/E Ratio: 10.17
P/E Growth: N/A
Net Income: $199.23 million
Net Margins: 8.45%
Pretax Margin: 11.10%
Return on Equity: 11.28%
Return on Assets: 6.14%

Debt

Debt-to-Equity Ratio: 0.67
Current Ratio: 10.66
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $2.36 billion
Price / Sales: 0.94
Cash Flow: $8.45 per share
Price / Cash Flow: 11.12
Book Value: $78.77 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 23,580,000
Free Float: 20,653,000
Market Cap: $2.22 billion
Optionable: Optionable
Beta: 1.83

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Key Executives

Mr. Eric Thomas Lipar (Age 53)
Chairman & CEO
Comp: $2.45M
Mr. Michael Larry Snider (Age 53)
President & COO
Comp: $1.39M
Mr. Charles Michael Merdian (Age 54)
CFO & Treasurer
Comp: $1.24M
Mr. Scott J. Garber (Age 52)
General Counsel & Corporate Secretary
Comp: $783.45k
Joshua D. Fattor
Vice President of Investor Relations & Capital Markets
Ms. Rachel Lyons Eaton (Age 42)
Chief Marketing Officer
Comp: $804.37k
Mr. Jack Anthony Lipar (Age 55)
Executive Vice President of Acquisitions
Comp: $789.37k
Mr. Chris Kelly
Southwest Division President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LGIH Stock Analysis - Frequently Asked Questions

Should I buy or sell LGI Homes stock right now?: 5 Wall Street research 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 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 12 month price objectives for LGI Homes' shares. Their LGIH share price targets range from $74.00 to $160.00. On average, they predict the company's share price to reach $110.50 in the next year. This suggests a possible upside of 16.7% 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 beginning of 2024. Since then, LGIH stock has decreased by 28.9% and is now trading at $94.66.
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, April 30th 2024.
View our LGIH earnings forecast.
How can I listen to LGI Homes' earnings call?: LGI Homes will be holding an earnings conference call on Tuesday, April 30th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were LGI Homes' earnings last quarter?: LGI Homes, Inc. (NASDAQ:LGIH) issued its earnings results on Tuesday, February, 20th. The financial services provider reported $2.19 EPS for the quarter, missing the consensus estimate of $2.54 by $0.35. The financial services provider earned $608.41 million during the quarter, compared to analysts' expectations of $663.95 million. LGI Homes had a trailing twelve-month return on equity of 11.28% and a net margin of 8.45%. The firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 EPS.

What ETFs hold LGI Homes' stock?: ETFs with the largest weight of LGI Homes (NASDAQ:LGIH) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Amplify Inflation Fighter ETF (IWIN), SPDR S&P Homebuilders ETF (XHB), iShares U.S. Home Construction ETF (ITB), WisdomTree U.S. SmallCap Fund (EES), Dimensional US Small Cap Value ETF (DFSV) and Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).SPDR S&P 600 Small Cap ETF (SLY).
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?: Based on aggregate information from My MarketBeat watchlists, some companies that other LGI Homes investors own include Xtrackers California Municipal Bond ETF (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).
Who are LGI Homes' major shareholders?: LGI Homes' stock is owned by a variety of institutional and retail investors. Top institutional investors include Ampfield Management L.P. (2.27%), Fragasso Group Inc. (0.11%), Brookstone Capital Management (0.02%), NBC Securities Inc. (0.01%) and Mather Group LLC. (0.00%). 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 4/18/2024 by MarketBeat.com Staff

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LGI Homes (LGIH) Stock Price, News & Analysis

LGI Homes MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About LGI Homes Stock (NASDAQ:LGIH)

LGIH Stock Price History

LGIH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LGIH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™