Wedbush Issues Pessimistic Estimate for LGI Homes Earnings

LGI Homes, Inc. (NASDAQ:LGIHFree Report) – Equities research analysts at Wedbush dropped their Q2 2025 EPS estimates for shares of LGI Homes in a report issued on Tuesday, April 29th. Wedbush analyst J. Mccanless now forecasts that the financial services provider will post earnings per share of $1.26 for the quarter, down from their prior forecast of $1.74. Wedbush currently has a “Neutral” rating and a $115.00 target price on the stock. The consensus estimate for LGI Homes’ current full-year earnings is $8.46 per share. Wedbush also issued estimates for LGI Homes’ Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $1.40 EPS and FY2026 earnings at $6.86 EPS.

Several other research firms also recently commented on LGIH. Seaport Res Ptn upgraded shares of LGI Homes from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. JMP Securities reiterated a “market outperform” rating and issued a $140.00 price target on shares of LGI Homes in a research note on Wednesday. Finally, JPMorgan Chase & Co. lowered their price target on shares of LGI Homes from $82.00 to $80.00 and set an “underweight” rating on the stock in a report on Tuesday, January 14th. Two equities research 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. According to MarketBeat.com, LGI Homes currently has an average rating of “Hold” and a consensus target price of $111.67.

View Our Latest Research Report on LGIH

LGI Homes Stock Up 3.6 %

LGIH stock opened at $55.09 on Friday. LGI Homes has a 1-year low of $52.48 and a 1-year high of $125.83. The business’s 50 day simple moving average is $65.00 and its 200 day simple moving average is $85.51. The company has a current ratio of 12.72, a quick ratio of 0.54 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $1.29 billion, a PE ratio of 6.61 and a beta of 1.93.

LGI Homes (NASDAQ:LGIHGet Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.29). The business had revenue of $351.42 million for the quarter, compared to analyst estimates of $380.07 million. LGI Homes had a return on equity of 10.32% and a net margin of 8.75%. LGI Homes’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS.

Hedge Funds Weigh In On LGI Homes

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LGIH. JPMorgan Chase & Co. increased its position in shares of LGI Homes by 131.4% in the third quarter. JPMorgan Chase & Co. now owns 111,557 shares of the financial services provider’s stock worth $13,222,000 after purchasing an additional 63,346 shares during the period. Harbor Capital Advisors Inc. increased its holdings in LGI Homes by 19.8% in the 4th quarter. Harbor Capital Advisors Inc. now owns 8,212 shares of the financial services provider’s stock valued at $734,000 after buying an additional 1,357 shares during the period. Inspire Investing LLC raised its position in shares of LGI Homes by 28.8% in the 4th quarter. Inspire Investing LLC now owns 4,493 shares of the financial services provider’s stock valued at $402,000 after buying an additional 1,005 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of LGI Homes by 112.9% during the 4th quarter. Blue Trust Inc. now owns 347 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 184 shares during the period. Finally, KBC Group NV boosted its position in shares of LGI Homes by 51.6% during the 4th quarter. KBC Group NV now owns 1,110 shares of the financial services provider’s stock worth $99,000 after acquiring an additional 378 shares in the last quarter. 84.89% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, COO Michael Larry Snider sold 1,105 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $75.94, for a total value of $83,913.70. Following the completion of the sale, the chief operating officer now directly owns 27,102 shares in the company, valued at approximately $2,058,125.88. The trade was a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 12.30% of the stock is currently owned by company insiders.

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)

Receive News & Ratings for LGI Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LGI Homes and related companies with MarketBeat.com's FREE daily email newsletter.