LGI Homes (NASDAQ:LGIH) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Posted by George Bondi on Oct 8th, 2026

LGI Homes, Inc. (NASDAQ:LGIH – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $50.94 and traded as low as $45.81. LGI Homes shares last traded at $46.09, with a volume of 352,080 shares.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Citigroup restated a “market outperform” rating on shares of LGI Homes in a research report on Tuesday. Weiss Ratings lowered LGI Homes from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, September 21st. Finally, Wall Street Zen raised LGI Homes from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $65.33.

Check Out Our Latest Analysis on LGIH

LGI Homes Stock Performance

The stock has a market capitalization of $1.05 billion, a PE ratio of 15.78 and a beta of 1.86. The business’s 50 day moving average is $53.71 and its 200 day moving average is $50.99. The company has a current ratio of 17.74, a quick ratio of 0.61 and a debt-to-equity ratio of 0.74.

LGI Homes (NASDAQ:LGIH – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $516.05 million for the quarter, compared to analyst estimates of $489.23 million. LGI Homes had a net margin of 3.88% and a return on equity of 3.55%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.36 EPS.

Institutional Investors Weigh In On LGI Homes

Several hedge funds and other institutional investors have recently modified their holdings of LGIH. Legal & General Group Plc bought a new position in LGI Homes in the 2nd quarter valued at $3,085,000. OneDigital Investment Advisors LLC bought a new stake in shares of LGI Homes during the second quarter worth $2,739,000. Quantbot Technologies LP bought a new stake in shares of LGI Homes during the second quarter worth $1,973,000. Atlas FRM LLC bought a new stake in shares of LGI Homes during the second quarter worth $61,578,560. Finally, Bank of America Corp DE purchased a new stake in shares of LGI Homes during the second quarter valued at $5,048,000. 84.89% of the stock is currently owned by hedge funds and other institutional investors.

LGI Homes Company Profile

(Get Free Report)

LGI Homes, Inc is a residential construction company that designs, builds and sells new homes primarily to first-time buyers, move-up buyers and active-adult customers. Its portfolio generally includes single-family homes and, in select communities, townhomes and other attached housing. The company offers homes in a range of floor plans and typically emphasizes value-oriented designs, included features and move-in-ready construction.

Founded in 2003, LGI Homes serves buyers through communities across multiple regions of the United States, including markets in the South, Southeast, Southwest, West and select other metropolitan areas.