LGI Homes (LGIH) to Release Earnings on Tuesday

LGI Homes (NASDAQ:LGIH - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $380.07 million for the quarter.

LGI Homes (NASDAQ:LGIH - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The financial services provider reported $2.15 EPS for the quarter, missing analysts' consensus estimates of $2.31 by ($0.16). LGI Homes had a return on equity of 10.32% and a net margin of 8.75%. The business had revenue of $557.40 million for the quarter, compared to the consensus estimate of $588.56 million. During the same quarter in the prior year, the business earned $2.19 EPS. The firm's revenue for the quarter was down 8.4% on a year-over-year basis. On average, analysts expect LGI Homes to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

LGI Homes Price Performance

Shares of LGIH stock traded down $0.78 during trading hours on Friday, hitting $59.45. The company had a trading volume of 191,901 shares, compared to its average volume of 237,550. LGI Homes has a 12 month low of $53.13 and a 12 month high of $125.83. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.54 and a current ratio of 12.72. The firm's fifty day moving average is $67.33 and its 200 day moving average is $87.47. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 7.13 and a beta of 1.99.

Analysts Set New Price Targets

LGIH has been the subject of several recent analyst reports. JMP Securities reiterated a "market outperform" rating and set a $160.00 price objective on shares of LGI Homes in a research note on Friday, January 10th. Seaport Res Ptn upgraded shares of LGI Homes from a "strong sell" rating to a "hold" rating in a research report on Monday, January 27th. Wedbush restated a "neutral" rating and issued a $115.00 price target (down from $125.00) on shares of LGI Homes in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of LGI Homes from $82.00 to $80.00 and set an "underweight" rating for the company in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, LGI Homes has a consensus rating of "Hold" and an average target price of $118.33.

Insider Buying and Selling at LGI Homes

In related news, COO Michael Larry Snider sold 1,105 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $75.94, for a total value of $83,913.70. Following the completion of the sale, the chief operating officer now owns 27,102 shares of the company's stock, valued at $2,058,125.88. This trade represents a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 12.30% of the company's stock.

LGI Homes Company Profile

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.