LGI Homes (NASDAQ:LGIH) Receives Neutral Rating from Wedbush

Wedbush reiterated their neutral rating on shares of LGI Homes (NASDAQ:LGIH) in a report released on Wednesday, RTT News reports. Wedbush currently has a $125.00 target price on the financial services provider’s stock. Wedbush also issued estimates for LGI Homes’ Q3 2025 earnings at $2.85 EPS, 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. reduced their target price on LGI Homes from $95.00 to $93.00 and set an “underweight” rating on the stock in a report on Wednesday, July 10th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $126.00.

LGI Homes Stock Up 1.4 %

NASDAQ LGIH traded up $1.55 during mid-day trading on Wednesday, reaching $111.53. 6,081 shares of the company’s stock traded hands, compared to its average volume of 211,142. The company has a current ratio of 12.63, a quick ratio of 0.49 and a debt-to-equity ratio of 0.78. The company has a fifty day simple moving average of $110.47 and a 200-day simple moving average of $102.57. LGI Homes has a 1-year low of $84.00 and a 1-year high of $136.89. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 13.36 and a beta of 1.97.

LGI Homes (NASDAQ:LGIH) last released its earnings results on Tuesday, November 5th. The financial services provider reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.54 by $0.41. LGI Homes had a return on equity of 10.45% and a net margin of 8.78%. The company had revenue of $651.85 million for the quarter, compared to the consensus estimate of $645.27 million. During the same quarter last year, the business posted $2.84 EPS. LGI Homes’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities research analysts expect that LGI Homes will post 8.82 EPS for the current year.

Institutional Trading of LGI Homes

Hedge funds have recently made changes to their positions in the stock. UniSuper Management Pty Ltd acquired a new position in shares of LGI Homes during the 1st quarter valued at $583,000. First Eagle Investment Management LLC increased its position in shares of LGI Homes by 27.0% during the 1st quarter. First Eagle Investment Management LLC now owns 86,415 shares of the financial services provider’s stock valued at $10,056,000 after purchasing an additional 18,350 shares during the period. BNP Paribas Financial Markets increased its position in shares of LGI Homes by 28.6% during the 1st quarter. BNP Paribas Financial Markets now owns 34,290 shares of the financial services provider’s stock valued at $3,990,000 after purchasing an additional 7,616 shares during the period. Denali Advisors LLC acquired a new position in shares of LGI Homes during the 2nd quarter valued at $993,000. Finally, Capital World Investors increased its position in shares of LGI Homes by 6.2% during the 1st quarter. Capital World Investors now owns 846,202 shares of the financial services provider’s stock valued at $98,473,000 after purchasing an additional 49,640 shares during the period. Institutional investors own 84.89% of the company’s stock.

About LGI Homes

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.