Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
LGI Homes Inc Market Cap
The LGI Homes Inc (LGIH) share price is expected to increase by 11.37% over the next year. This is based on calculating the average 12-month share price estimate provided by 6 stock analysts who have covered LGIH. Price targets range from $85 at the low end to $160 at the high end. The current analyst consensus for LGIH is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedLGIH 1 buy ratings, 3 hold ratings, and 2 sell ratings. This means that analysts expect LGI Homes Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LGIH. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LGIH.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Jay McCanless Wedbush | Neutral | $125 | Reiterates | Oct 4, 2024 |
| Jay McCanless Wedbush | Neutral | $125 | Upgrade | Sep 9, 2024 |
| Kenneth Zener Seaport Global | Sell | $85 | Downgrade | Aug 5, 2024 |
| Michael Rehaut JP Morgan | Underweight | $93 | Maintains | Jul 10, 2024 |
| Jay McCanless Wedbush | Underperform | $74 | Reiterates | Jun 6, 2024 |
| Mitch Germain JMP Securities | Market Outperform | $160 | Reiterates | Apr 5, 2024 |
| Jay McCanless Wedbush | Underperform | $74 | Reiterates | Apr 4, 2024 |
| Jay McCanless Wedbush | Underperform | $74 | Downgrade | Apr 2, 2024 |
| Aaron Hecht JMP Securities | Market Outperform | $160 | Reiterates | Feb 27, 2024 |
| Jay McCanless Wedbush | Neutral | $88 | Maintains | Feb 21, 2024 |
| Jay McCanless Wedbush | Neutral | $97 | Reiterates | Feb 6, 2024 |
| Aaron Hecht JMP Securities | Market Outperform | $160 | Reiterates | Dec 19, 2023 |
| Kenneth Zener Seaport Global | Neutral | Downgrade | Nov 20, 2023 | |
| Carl Reichardt BTIG | Neutral | Upgrade | Oct 2, 2023 | |
| Michael Rehaut JP Morgan | Underweight | $105 | Maintains | Aug 7, 2023 |
| Aaron Hecht JMP Securities | Outperform | $160 | Maintains | Aug 2, 2023 |
| Jay McCanless Wedbush | Neutral | $97 | Maintains | Aug 2, 2023 |
| Aaron Hecht JMP Securities | Market Outperform | $150 | Maintains | Jul 10, 2023 |
Seaport Global | Buy | Initiates | Jun 14, 2023 | |
| Jay McCanless Wedbush | Neutral | $89 | Reiterates | May 3, 2023 |
When did it IPO
2013
Staff Count
1,089
Country
United States
Sector/Industry
Consumer Cyclical/Residential Construction
CEO
Mr. Eric Thomas Lipar
Market Cap
$2.48B
In 2023, LGIH generated $2.36B in revenue, which was a increase of 2.35% from the previous year. This can be seen as a signal that LGIH's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 04 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - LGI Homes, Inc. (NASDAQ: LGIH) reported the closing of 531 homes in November 2024, which included a bulk sale of 103 single-family rental homes.
Why It Matters - LGI Homes' closure of 531 homes, including a significant bulk sale, indicates strong sales performance and demand, potentially boosting revenue and investor confidence.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - LGI Homes, Inc. has initiated a private offering of $400 million in unsecured Senior Notes due 2032, targeting qualified institutional buyers and certain non-U.S. investors.
Why It Matters - LGI Homes' $400 million senior notes offering indicates capital-raising efforts, impacting liquidity, debt levels, and potentially future growth. Market reaction may affect stock performance.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - LGI Homes, Inc. has priced a $400 million offering of unsecured Senior Notes due 2032, aimed at qualified institutional buyers and certain non-U.S. persons.
Why It Matters - LGI Homes' $400 million Senior Notes offering signals financial strategy and potential growth, impacting liquidity and future investment opportunities. Watch for market reactions and company performance.
Tue, 05 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - LGI Homes, Inc. (NASDAQ:LGIH) will hold its Q3 2024 earnings conference call on November 5, 2024. A replay will be available on their website post-call.
Why It Matters - The Q3 2024 earnings call will provide insights into LGI Homes' financial performance and strategic direction, crucial for assessing investment potential and market positioning.
Tue, 05 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - LGI Homes (LGIH) reported quarterly earnings of $2.95 per share, exceeding the Zacks Consensus Estimate of $2.53 and up from $2.84 per share year-over-year.
Why It Matters - LGI Homes' earnings beat estimates, indicating strong financial performance and growth year-over-year, which can boost investor confidence and potentially increase stock value.
Tue, 05 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - LGI Homes (LGIH) reported its quarterly results for September 2024, highlighting key metrics for comparison against Wall Street estimates and the same quarter last year.
Why It Matters - Comparing LGI Homes' quarterly performance to estimates and prior year metrics helps investors gauge growth potential, operational efficiency, and market positioning, impacting investment decisions.
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