LGI Homes (NASDAQ:LGIH) Stock Jumps 7.5% – Still a Buy?

Posted by Geri Gentry on Oct 22nd, 2026

LGI Homes, Inc. (NASDAQ:LGIH – Get Free Report) shares rose 7.5% during trading on Thursday. The company traded as high as $42.88 and last traded at $42.9960. 233,299 shares changed hands during trading, a decline of 42% from the average daily volume of 399,738 shares. The stock had previously closed at $40.01.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Citigroup reiterated a “market outperform” rating on shares of LGI Homes in a report on Tuesday, October 6th. Weiss Ratings cut shares of LGI Homes from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, September 21st. Finally, Wall Street Zen raised shares of LGI Homes from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $68.00.

View Our Latest Report on LGIH

LGI Homes Stock Performance

The stock has a market capitalization of $994.40 million, a PE ratio of 15.01 and a beta of 1.86. The company has a debt-to-equity ratio of 0.74, a current ratio of 17.74 and a quick ratio of 0.61. The business’s fifty day moving average price is $50.71 and its 200-day moving average price is $51.37.

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

Institutional Investors Weigh In On LGI Homes

Several institutional investors and hedge funds have recently bought and sold shares of LGIH. BlackRock Inc. purchased a new stake in shares of LGI Homes in the 2nd quarter worth about $226,799,000. Atlas FRM LLC purchased a new position in shares of LGI Homes during the second quarter valued at about $61,578,560. Altshuler Shaham Ltd increased its position in shares of LGI Homes by 5.4% during the first quarter. Altshuler Shaham Ltd now owns 1,087,263 shares of the financial services provider’s stock valued at $42,980,000 after buying an additional 55,465 shares during the period. Wasatch Advisors LP increased its position in shares of LGI Homes by 16.1% during the second quarter. Wasatch Advisors LP now owns 213,471 shares of the financial services provider’s stock valued at $13,594,000 after buying an additional 29,679 shares during the period. Finally, Philadelphia Financial Management of San Francisco LLC bought a new position in LGI Homes in the second quarter worth about $11,155,144. Hedge funds and other institutional investors own 84.89% of the company’s stock.

About LGI Homes

(Get Free Report)

LGI Homes, Inc is a homebuilder that designs, constructs and sells single-family homes in planned residential communities across the United States. The company primarily serves entry-level and first-time homebuyers, while also offering homes for move-up buyers and active-adult customers. Its communities typically feature standardized home designs, modern amenities and financing-related support intended to simplify the homebuying process.

Founded in 2003, LGI Homes has expanded from its original Texas operations into numerous housing markets throughout the South, Southwest and other high-growth regions.