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LGI Homes (LGIH) Stock Forecast & Price Target

LGI Homes logo
$101.79 +0.63 (+0.62%)
(As of 11/20/2024 ET)

LGI Homes - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
1
Buy
1

Based on 3 Wall Street analysts who have issued ratings for LGI Homes in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 1 has given a sell rating, 1 has given a hold rating, and 1 has given a buy rating for LGIH.

Consensus Price Target

$126.00
23.78% Upside
According to the 3 analysts' twelve-month price targets for LGI Homes, the average price target is $126.00. The highest price target for LGIH is $160.00, while the lowest price target for LGIH is $93.00. The average price target represents a forecasted upside of 23.78% from the current price of $101.79.
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LGIH Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$126.00$126.00$109.00$116.25
Forecasted Upside23.78% Upside20.00% Upside-3.41% Downside-2.35% Downside
Consensus Rating
Hold
Hold
Reduce
Hold

LGIH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LGIH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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LGI Homes Stock vs. The Competition

TypeLGI HomesFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside23.78% Upside12.90% Upside9.83% Upside
News Sentiment Rating
Neutral News

See Recent LGIH News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/6/2024Wedbush
4 of 5 stars
J. Mccanless
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Reiterated RatingNeutral$125.00+19.02%
7/10/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetUnderweight ➝ Underweight$95.00 ➝ $93.00+5.63%
4/5/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Outperform ➝ Market Outperform$160.00+58.43%
11/20/2023Seaport Res Ptn
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K. Zener
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DowngradeBuy ➝ Neutral
10/2/2023BTIG Research
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 UpgradeSell ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:13 AM ET.


LGIH Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for LGI Homes is $126.00, with a high forecast of $160.00 and a low forecast of $93.00.

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LGI Homes in the last twelve months. There is currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LGIH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LGIH, but not buy additional shares or sell existing shares.

According to analysts, LGI Homes's stock has a predicted upside of 23.78% based on their 12-month stock forecasts.

Over the previous 90 days, LGI Homes's stock had 1 upgrade by analysts.

LGI Homes has been rated by research analysts at Wedbush in the past 90 days.

Analysts like LGI Homes less than other "finance" companies. The consensus rating score for LGI Homes is 2.00 while the average consensus rating score for "finance" companies is 2.49. Learn more on how LGIH compares to other companies.


This page (NASDAQ:LGIH) was last updated on 11/21/2024 by MarketBeat.com Staff
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