LGI Homes FY2026 EPS Forecast Decreased by Seaport Res Ptn

LGI Homes, Inc. (NASDAQ:LGIHFree Report) – Investment analysts at Seaport Res Ptn decreased their FY2026 earnings estimates for LGI Homes in a research note issued to investors on Thursday, October 30th. Seaport Res Ptn analyst K. Zener now forecasts that the financial services provider will earn $4.82 per share for the year, down from their previous forecast of $5.73. The consensus estimate for LGI Homes’ current full-year earnings is $8.46 per share.

LGI Homes (NASDAQ:LGIHGet Free Report) last released its quarterly earnings data on Tuesday, August 5th. The financial services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.15. LGI Homes had a net margin of 7.63% and a return on equity of 8.00%. The company had revenue of $483.49 million during the quarter, compared to the consensus estimate of $546.96 million. During the same quarter in the prior year, the firm posted $2.48 earnings per share. LGI Homes’s revenue for the quarter was down 19.8% on a year-over-year basis.

Several other brokerages also recently weighed in on LGIH. Weiss Ratings reiterated a “sell (d+)” rating on shares of LGI Homes in a research note on Wednesday, October 8th. JMP Securities increased their target price on shares of LGI Homes from $75.00 to $85.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 27th. Wedbush reiterated a “neutral” rating and set a $95.00 target price on shares of LGI Homes in a research note on Monday, October 6th. JPMorgan Chase & Co. increased their target price on shares of LGI Homes from $47.00 to $48.50 and gave the stock an “underweight” rating in a research note on Tuesday, October 14th. Finally, Capital One Financial set a $60.00 target price on shares of LGI Homes in a research note on Thursday, October 9th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $72.13.

View Our Latest Stock Analysis on LGI Homes

LGI Homes Stock Performance

NASDAQ LGIH opened at $40.73 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 18.18 and a quick ratio of 0.64. LGI Homes has a 1 year low of $39.70 and a 1 year high of $114.56. The company has a market capitalization of $939.11 million, a PE ratio of 6.14 and a beta of 1.77. The company has a fifty day moving average of $52.96 and a two-hundred day moving average of $54.41.

Institutional Investors Weigh In On LGI Homes

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC lifted its position in LGI Homes by 6.8% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 6,056 shares of the financial services provider’s stock valued at $313,000 after purchasing an additional 387 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in LGI Homes by 10.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,520 shares of the financial services provider’s stock valued at $647,000 after purchasing an additional 1,152 shares during the period. Campbell & CO Investment Adviser LLC lifted its position in LGI Homes by 20.3% in the third quarter. Campbell & CO Investment Adviser LLC now owns 37,347 shares of the financial services provider’s stock valued at $1,931,000 after purchasing an additional 6,306 shares during the period. Versant Capital Management Inc lifted its position in LGI Homes by 35.1% in the third quarter. Versant Capital Management Inc now owns 947 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 246 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position in LGI Homes by 607.1% in the third quarter. Nisa Investment Advisors LLC now owns 1,789 shares of the financial services provider’s stock valued at $93,000 after purchasing an additional 1,536 shares during the period. Institutional investors and hedge funds own 84.89% of the company’s stock.

About LGI Homes

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for LGI Homes (NASDAQ:LGIH)

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