NASDAQ:LGIH LGI Homes (LGIH) Stock Price, News & Analysis → “Crash Insurance” For Your Retirement (From Unstoppable Prosperity) (Ad) Free LGIH Stock Alerts $98.25 +0.56 (+0.57%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$98.00▼$99.2350-Day Range$89.45▼$116.3752-Week Range$84.15▼$141.91Volume179,634 shsAverage Volume208,579 shsMarket Capitalization$2.32 billionP/E Ratio12.28Dividend YieldN/APrice Target$110.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get LGI Homes alerts: Email Address LGI Homes MarketRank™ Stock AnalysisAnalyst RatingReduce1.80 Rating ScoreUpside/Downside12.5% Upside$110.50 Price TargetShort InterestBearish11.11% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.02Based on 24 Articles This WeekInsider TradingSelling Shares$2.94 M Sold Last QuarterProj. Earnings Growth23.46%From $9.25 to $11.42 Per ShareSee Full Details Hide Full Details 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.1.95 out of 5 starsFinance Sector680th out of 874 stocksOperative Builders Industry13th out of 15 stocks 1.9 Analyst's Opinion Consensus RatingLGI 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 CoverageLGI Homes has only been the subject of 2 research reports in the past 90 days.Read more about LGI Homes' stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted11.11% of the float of LGI Homes has been sold short.Short Interest Ratio / Days to CoverLGI Homes has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.Change versus previous monthShort interest in LGI Homes has recently increased by 1.79%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldLGI Homes does not currently pay a dividend.Dividend GrowthLGI Homes does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LGIH. Previous Next 2.2 News and Social Media Coverage News SentimentLGI Homes has a news sentiment score of 0.02. 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 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 24 news articles for LGI Homes this week, compared to 4 articles on an average week.Search Interest2 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 FollowsOnly 1 people have added LGI Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 Insiders12.20% 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 Institutions84.89% of the stock of LGI Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about LGI Homes' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LGI Homes are expected to grow by 23.46% in the coming year, from $9.25 to $11.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LGI Homes is 12.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.63.Price to Earnings Ratio vs. SectorThe P/E ratio of LGI Homes is 12.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.94.Price to Book Value per Share RatioLGI Homes has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about LGI Homes' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceThe new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.Pay close attention to this important video 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.Read More LGIH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LGIH Stock News HeadlinesMay 7, 2024 | globenewswire.comLGI Homes Opens a New Section at Morningstar Ranch in the Bakersfield MarketMay 6, 2024 | msn.comLGI Homes closes 505 homes in AprilMay 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 6, 2024 | americanbankingnews.comSeaport Res Ptn Weighs in on LGI Homes, Inc.'s Q3 2024 Earnings (NASDAQ:LGIH)May 5, 2024 | finance.yahoo.comLGI Homes First Quarter 2024 Earnings: Misses ExpectationsMay 4, 2024 | americanbankingnews.comSeaport Res Ptn Comments on LGI Homes, Inc.'s Q2 2024 Earnings (NASDAQ:LGIH)May 3, 2024 | globenewswire.comLGI Homes, Inc. Reports April 2024 Home ClosingsMay 3, 2024 | finance.yahoo.comLGI Homes, Inc. Just Missed Earnings - But Analysts Have Updated Their ModelsMay 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 3, 2024 | globenewswire.comLGI Homes Opens New Community North of Seattle in MarysvilleMay 3, 2024 | americanbankingnews.comQ2 2024 Earnings Forecast for LGI Homes, Inc. (NASDAQ:LGIH) Issued By WedbushMay 3, 2024 | americanbankingnews.comLGI Homes (NASDAQ:LGIH) Downgraded by StockNews.com to SellMay 1, 2024 | finance.yahoo.comLGI Homes Inc (LGIH) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and ...May 1, 2024 | globenewswire.comLGI Homes Offers First Built Green Certified Homes in Tacoma, WashingtonMay 1, 2024 | finance.yahoo.comQ1 2024 LGI Homes Inc Earnings CallApril 30, 2024 | finance.yahoo.comLGI Homes Inc (LGIH) Q1 2024 Earnings: Misses Revenue and EPS EstimatesApril 30, 2024 | investorplace.comLGIH Stock Earnings: LGI Homes Misses EPS, Misses Revenue for Q1 2024April 30, 2024 | globenewswire.comLGI Homes Reports First Quarter 2024 ResultsApril 29, 2024 | markets.businessinsider.comLGI Homes earnings preview: what to expectApril 22, 2024 | finance.yahoo.comHousing market: Mortgage rates bear down on homebuilder stocksApril 20, 2024 | finance.yahoo.comLGI Homes, Inc. (LGIH)April 20, 2024 | benzinga.comLGI Homes Stock (NASDAQ:LGIH), Quotes and News SummaryApril 18, 2024 | nasdaq.comRSI Alert: LGI Homes (LGIH) Now OversoldApril 17, 2024 | seekingalpha.comLGI Homes: Short-Term Uncertainty, Long-Term OptimismApril 16, 2024 | finance.yahoo.comLGI Homes Opens its First Community in St. Cloud, Minnesota MarketApril 12, 2024 | investors.comHomebuilder Rally Faces Reckoning As Stocks Bog Down — Should Investors Sell?April 8, 2024 | bizjournals.comReal estate unicorn buys up lots in Franklin, Harnett countiesSee More Headlines Receive LGIH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LGI Homes and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Today5/07/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Operative builders Sub-IndustryN/A Current SymbolNASDAQ:LGIH CUSIPN/A CIK1580670 Webwww.lgihomes.com Phone(281) 362-8998Fax281-210-2601Employees1,089Year FoundedN/APrice Target and Rating Average Stock Price Target$110.50 High Stock Price Target$160.00 Low Stock Price Target$74.00 Potential Upside/Downside+12.5%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$8.00 Trailing P/E Ratio12.28 Forward P/E Ratio10.62 P/E GrowthN/ANet Income$199.23 million Net Margins8.37% Pretax Margin11.16% Return on Equity10.43% Return on Assets5.65% Debt Debt-to-Equity Ratio0.74 Current Ratio12.36 Quick Ratio0.43 Sales & Book Value Annual Sales$2.36 billion Price / Sales0.98 Cash Flow$8.69 per share Price / Cash Flow11.30 Book Value$78.77 per share Price / Book1.25Miscellaneous Outstanding Shares23,570,000Free Float20,692,000Market Cap$2.32 billion OptionableOptionable Beta1.86 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Eric Thomas Lipar (Age 53)Chairman & CEO Comp: $2.45MMr. Michael Larry Snider (Age 53)President & COO Comp: $1.39MMr. Charles Michael Merdian (Age 54)CFO & Treasurer Comp: $1.24MMr. Scott J. Garber (Age 52)General Counsel & Corporate Secretary Comp: $783.45kJoshua D. FattorVice President of Investor Relations & Capital MarketsMs. Rachel Lyons Eaton (Age 42)Chief Marketing Officer Comp: $804.37kMr. Jack Anthony Lipar (Age 55)Executive Vice President of Acquisitions Comp: $789.37kMr. Chris KellySouthwest Division PresidentMore ExecutivesKey CompetitorsGreen Brick PartnersNASDAQ:GRBKGoosehead InsuranceNASDAQ:GSHDDouglas EmmettNYSE:DEIBanc of CaliforniaNYSE:BANCCushman & WakefieldNYSE:CWKView All CompetitorsInsiders & InstitutionsInspire Investing LLCBought 159 shares on 5/8/2024Ownership: 0.013%Illinois Municipal Retirement FundBought 217 shares on 5/7/2024Ownership: 0.051%Sei Investments Co.Bought 126 shares on 5/7/2024Ownership: 0.017%SG Americas Securities LLCSold 3,758 shares on 5/7/2024Ownership: 0.012%Texas Permanent School Fund CorpBought 233 shares on 5/6/2024Ownership: 0.076%View All Insider TransactionsView All Institutional Transactions 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 analysts have issued 12 month price targets 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 12.5% 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 shares have decreased by 26.2% and is now trading at $98.25. 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 data 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 earned $390.90 million during the quarter, compared to the consensus estimate of $400 million. LGI Homes had a trailing twelve-month return on equity of 10.43% and a net margin of 8.37%. The firm's revenue for the quarter was down 19.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.14 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) 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 number of retail and institutional 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 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorStock-Picking AI Predicts #1 Stock of 2024Altimetry[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaAI “wealth window” is closing June 25thParadigm PressThe #1 lithium battery stock to have on your radar in 2024!Smallcaps Daily Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LGI Homes, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
