LGI Homes (NASDAQ:LGIH) Given Neutral Rating at Wedbush

Wedbush reaffirmed their neutral rating on shares of LGI Homes (NASDAQ:LGIH) in a research report sent to investors on Wednesday morning, RTT News reports. They currently have a $125.00 price objective on the financial services provider’s stock. Wedbush also issued estimates for LGI Homes’ Q3 2025 earnings at $2.85 EPS, FY2025 earnings at $10.40 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $3.08 EPS and FY2026 earnings at $11.03 EPS.

Separately, JPMorgan Chase & Co. reduced their price objective on LGI Homes from $95.00 to $93.00 and set an “underweight” rating for the company in a research report on Wednesday, July 10th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $126.00.

LGI Homes Price Performance

Shares of NASDAQ LGIH traded up $1.55 during mid-day trading on Wednesday, reaching $111.53. The company had a trading volume of 6,081 shares, compared to its average volume of 211,142. The stock has a market cap of $2.62 billion, a PE ratio of 13.36 and a beta of 1.97. The company has a 50-day moving average price of $110.47 and a two-hundred day moving average price of $102.57. The company has a current ratio of 12.63, a quick ratio of 0.49 and a debt-to-equity ratio of 0.78. LGI Homes has a 1-year low of $84.00 and a 1-year high of $136.89.

LGI Homes (NASDAQ:LGIH) last issued its earnings results on Tuesday, November 5th. The financial services provider reported $2.95 EPS for the quarter, topping the consensus estimate of $2.54 by $0.41. The business had revenue of $651.85 million during the quarter, compared to analysts’ expectations of $645.27 million. LGI Homes had a return on equity of 10.45% and a net margin of 8.78%. LGI Homes’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.84 earnings per share. On average, equities analysts anticipate that LGI Homes will post 8.82 earnings per share for the current year.

Institutional Trading of LGI Homes

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. UniSuper Management Pty Ltd bought a new position in shares of LGI Homes in the first quarter worth about $583,000. First Eagle Investment Management LLC increased its stake in shares of LGI Homes by 27.0% in the first quarter. First Eagle Investment Management LLC now owns 86,415 shares of the financial services provider’s stock worth $10,056,000 after purchasing an additional 18,350 shares during the period. BNP Paribas Financial Markets increased its stake in shares of LGI Homes by 28.6% in the first quarter. BNP Paribas Financial Markets now owns 34,290 shares of the financial services provider’s stock worth $3,990,000 after purchasing an additional 7,616 shares during the period. Denali Advisors LLC bought a new position in LGI Homes during the second quarter valued at about $993,000. Finally, Capital World Investors increased its stake in LGI Homes by 6.2% during the first quarter. Capital World Investors now owns 846,202 shares of the financial services provider’s stock valued at $98,473,000 after acquiring an additional 49,640 shares during the period. Institutional investors and hedge funds own 84.89% of the company’s stock.

About LGI Homes

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.