Wedbush Issues Negative Forecast for LGI Homes Earnings

LGI Homes, Inc. (NASDAQ:LGIH - Free Report) - Investment analysts at Wedbush cut their Q3 2025 earnings per share estimates for LGI Homes in a research note issued on Tuesday, November 5th. Wedbush analyst J. Mccanless now expects that the financial services provider will earn $2.85 per share for the quarter, down from their prior estimate of $2.86. Wedbush has a "Neutral" rating and a $125.00 price objective on the stock. The consensus estimate for LGI Homes' current full-year earnings is $8.82 per share. Wedbush also issued estimates for LGI Homes' FY2025 earnings at $10.40 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $3.08 EPS and FY2026 earnings at $11.03 EPS.

Separately, JPMorgan Chase & Co. lowered their price objective on LGI Homes from $95.00 to $93.00 and set an "underweight" rating for the company in a research note on Wednesday, July 10th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, LGI Homes currently has an average rating of "Hold" and a consensus price target of $126.00.

LGI Homes Stock Down 0.3 %

Shares of LGIH stock traded down $0.31 during trading hours on Thursday, hitting $109.67. 189,206 shares of the company's stock traded hands, compared to its average volume of 212,002. The company has a quick ratio of 0.49, a current ratio of 12.63 and a debt-to-equity ratio of 0.78. The stock's fifty day simple moving average is $110.53 and its two-hundred day simple moving average is $102.61. LGI Homes has a 12-month low of $84.00 and a 12-month high of $136.89. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 13.33 and a beta of 1.97.

LGI Homes (NASDAQ:LGIH - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.54 by $0.41. LGI Homes had a net margin of 8.78% and a return on equity of 10.45%. The company had revenue of $651.85 million during the quarter, compared to analyst estimates of $645.27 million. During the same period last year, the business earned $2.84 EPS. LGI Homes's quarterly revenue was up 5.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in LGIH. Louisiana State Employees Retirement System raised its holdings in LGI Homes by 1.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the financial services provider's stock worth $922,000 after acquiring an additional 100 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of LGI Homes by 32.5% in the second quarter. First Horizon Advisors Inc. now owns 440 shares of the financial services provider's stock worth $39,000 after purchasing an additional 108 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of LGI Homes by 1.9% during the second quarter. Arizona State Retirement System now owns 5,940 shares of the financial services provider's stock valued at $532,000 after purchasing an additional 112 shares in the last quarter. Sei Investments Co. boosted its position in shares of LGI Homes by 3.3% during the first quarter. Sei Investments Co. now owns 3,970 shares of the financial services provider's stock valued at $462,000 after buying an additional 126 shares during the last quarter. Finally, Inspire Investing LLC boosted its position in shares of LGI Homes by 5.5% during the first quarter. Inspire Investing LLC now owns 3,037 shares of the financial services provider's stock valued at $353,000 after buying an additional 159 shares during the last quarter. Institutional investors own 84.89% 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.