LGI Homes (NASDAQ:LGIH) Stock Price Down 6.7% – What’s Next?

Posted by Brenda Bartman on Aug 12th, 2026

Shares of LGI Homes, Inc. (NASDAQ:LGIH – Get Free Report) were down 6.7% during trading on Monday . The company traded as low as $56.43 and last traded at $55.99. 34,465 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 427,797 shares. The stock had previously closed at $60.04.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of LGI Homes from $38.00 to $41.00 and gave the company an “underweight” rating in a research report on Thursday, April 30th. Zacks Research upgraded shares of LGI Homes from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings raised LGI Homes from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded LGI Homes from a “hold” rating to a “sell” rating in a research report on Saturday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, LGI Homes presently has an average rating of “Hold” and an average price target of $72.75.

Get Our Latest Analysis on LGIH

LGI Homes Price Performance

The stock has a market capitalization of $1.34 billion, a PE ratio of 20.28 and a beta of 1.83. 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 firm’s 50 day simple moving average is $57.66 and its 200 day simple moving average is $50.46.

LGI Homes (NASDAQ:LGIH – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $516.05 million during the quarter, compared to analysts’ expectations 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 was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS.

Hedge Funds Weigh In On LGI Homes

Large investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd grew its holdings in shares of LGI Homes by 75.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 237 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in LGI Homes during the 4th quarter valued at $29,000. Russell Investments Group Ltd. boosted its position in LGI Homes by 106.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 591 shares of the financial services provider’s stock valued at $30,000 after buying an additional 305 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in LGI Homes during the 4th quarter valued at $32,000. Finally, Rockefeller Capital Management L.P. boosted its position in LGI Homes by 1,759.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 874 shares of the financial services provider’s stock valued at $38,000 after buying an additional 827 shares during the period. 84.89% of the stock is owned by hedge funds and other institutional investors.

About LGI Homes

(Get Free Report)

LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.

In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.