LGI Homes (NASDAQ:LGIH) Given New $93.00 Price Target at Wedbush

LGI Homes (NASDAQ:LGIH) had its price target cut by Wedbush from $100.00 to $93.00 in a research report released on Thursday,Benzinga reports. They currently have a neutral rating on the financial services provider’s stock. Wedbush also issued estimates for LGI Homes’ Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $2.14 EPS, Q4 2025 earnings at $2.62 EPS, Q2 2026 earnings at $1.27 EPS, Q3 2026 earnings at $2.31 EPS, Q4 2026 earnings at $2.81 EPS and FY2026 earnings at $6.58 EPS.

Separately, JMP Securities restated a “market outperform” rating and issued a $140.00 target price on shares of LGI Homes in a report on Wednesday, April 30th.

LGI Homes Stock Performance

Shares of LGI Homes stock opened at $48.96 on Thursday. The company has a quick ratio of 0.54, a current ratio of 12.72 and a debt-to-equity ratio of 0.77. LGI Homes has a twelve month low of $47.79 and a twelve month high of $125.83. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 5.87 and a beta of 1.77. The company’s fifty day moving average is $55.89 and its 200 day moving average is $76.27.

LGI Homes (NASDAQ:LGIH) last issued its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.29). LGI Homes had a return on equity of 10.32% and a net margin of 8.75%. The business had revenue of $351.42 million during the quarter, compared to the consensus estimate of $380.07 million. During the same period in the prior year, the firm earned $0.72 EPS. The business’s revenue for the quarter was down 10.1% compared to the same quarter last year. Sell-side analysts forecast that LGI Homes will post 8.46 EPS for the current year.

Insider Activity at LGI Homes

In related news, COO Michael Larry Snider sold 1,105 shares of the business’s stock in a transaction 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 transaction, the chief operating officer now owns 27,102 shares in the company, valued at $2,058,125.88. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 12.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On LGI Homes

Several hedge funds and other institutional investors have recently bought and sold shares of LGIH. Vanguard Group Inc. raised its holdings in shares of LGI Homes by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 2,274,907 shares of the financial services provider’s stock valued at $203,377,000 after purchasing an additional 54,039 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of LGI Homes by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,504,384 shares of the financial services provider’s stock valued at $134,491,000 after purchasing an additional 6,706 shares during the period. Wasatch Advisors LP raised its holdings in shares of LGI Homes by 2.7% during the fourth quarter. Wasatch Advisors LP now owns 1,395,710 shares of the financial services provider’s stock valued at $124,776,000 after purchasing an additional 36,608 shares during the period. Khrom Capital Management LLC raised its holdings in shares of LGI Homes by 19.4% during the fourth quarter. Khrom Capital Management LLC now owns 1,095,801 shares of the financial services provider’s stock valued at $97,965,000 after purchasing an additional 177,698 shares during the period. Finally, River Road Asset Management LLC raised its holdings in shares of LGI Homes by 30.6% during the fourth quarter. River Road Asset Management LLC now owns 907,923 shares of the financial services provider’s stock valued at $81,168,000 after purchasing an additional 212,468 shares during the period. Institutional investors and hedge funds 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.