Wedbush Forecasts LGI Homes’ Q3 Earnings (NASDAQ:LGIH)

LGI Homes, Inc. (NASDAQ:LGIH) – Research analysts at Wedbush cut their Q3 2025 earnings per share estimates for LGI Homes in a research report issued to clients and investors on Monday, October 27th. Wedbush analyst J. Mccanless now expects that the financial services provider will earn $0.86 per share for the quarter, down from their prior forecast of $0.89. Wedbush currently has a “Neutral” rating and a $95.00 target price on the stock. The consensus estimate for LGI Homes’ current full-year earnings is $8.46 per share.

LGI Homes (NASDAQ:LGIH) last issued its earnings results on Tuesday, August 5th. The financial services provider reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.15. LGI Homes had a return on equity of 8.00% and a net margin of 7.63%.The company had revenue of $483.49 million for the quarter, compared to analyst estimates of $546.96 million. During the same period in the prior year, the firm earned $2.48 earnings per share. LGI Homes’s revenue for the quarter was down 19.8% on a year-over-year basis.

Other equities research analysts have also issued reports about the company. Citigroup reissued a “market outperform” rating on shares of LGI Homes in a research report on Wednesday, August 27th. JMP Securities increased their price target on LGI Homes from $75.00 to $85.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 27th. Capital One Financial set a $60.00 price target on LGI Homes in a research report on Thursday, October 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of LGI Homes in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price target on LGI Homes from $47.00 to $48.50 and gave the company an “underweight” rating in a research report on Tuesday, October 14th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $72.13.

LGI Homes Price Performance

Shares of NASDAQ:LGIH opened at $42.53 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 18.18 and a debt-to-equity ratio of 0.85. LGI Homes has a twelve month low of $42.21 and a twelve month high of $114.56. The stock’s 50 day moving average is $54.40 and its 200-day moving average is $54.74. The firm has a market capitalization of $980.74 million, a price-to-earnings ratio of 6.41 and a beta of 1.77.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC boosted its position in shares of LGI Homes by 213.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,234 shares of the financial services provider’s stock valued at $680,000 after acquiring an additional 6,970 shares during the last quarter. Jump Financial LLC bought a new stake in shares of LGI Homes during the 1st quarter valued at about $2,144,000. Invesco Ltd. boosted its position in shares of LGI Homes by 10.2% during the 1st quarter. Invesco Ltd. now owns 71,789 shares of the financial services provider’s stock valued at $4,772,000 after acquiring an additional 6,621 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of LGI Homes by 219.1% during the 1st quarter. GAMMA Investing LLC now owns 887 shares of the financial services provider’s stock valued at $59,000 after acquiring an additional 609 shares during the last quarter. Finally, EntryPoint Capital LLC boosted its position in shares of LGI Homes by 47.3% during the 1st quarter. EntryPoint Capital LLC now owns 4,490 shares of the financial services provider’s stock valued at $298,000 after acquiring an additional 1,441 shares during the last quarter. Hedge funds and other institutional investors 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.