LGI Homes, Inc. (LGIH)
NASDAQ: LGIH · Real-Time Price · USD
103.12
+1.33 (1.31%)
Nov 21, 2024, 11:07 AM EST - Market open
LGI Homes Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for LGI Homes stock have an average target of 124.6, with a low estimate of 85 and a high estimate of 160. The average target predicts an increase of 20.83% from the current stock price of 103.12.
Analyst Consensus: Hold
* Price targets were last updated on Oct 4, 2024.
Analyst Ratings
The average analyst rating for LGI Homes stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 1 | 2 | 1 | 1 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 6 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $125 | Hold | Reiterates | $125 | +21.22% | Oct 4, 2024 |
| Wedbush | Wedbush | Sell → Hold Upgrades $97 → $125 | Sell → Hold | Upgrades | $97 → $125 | +21.22% | Sep 9, 2024 |
| Seaport Global | Seaport Global | Hold → Strong Sell Downgrades $85 | Hold → Strong Sell | Downgrades | $85 | -17.57% | Aug 5, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $95 → $93 | Sell | Maintains | $95 → $93 | -9.81% | Jul 10, 2024 |
| Wedbush | Wedbush | Sell Reiterates $74 | Sell | Reiterates | $74 | -28.24% | Jun 6, 2024 |
Financial Forecast
Revenue This Year
2.39B
from 2.36B
Increased by 1.37%
Revenue Next Year
2.92B
from 2.39B
Increased by 22.00%
EPS This Year
8.83
from 8.42
Increased by 4.86%
EPS Next Year
10.91
from 8.83
Increased by 23.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 3.3B | 3.9B |
| Avg | 2.4B | 2.9B | 3.3B |
| Low | 2.2B | 2.5B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.0% | 37.0% | 34.3% |
| Avg | 1.4% | 22.0% | 14.6% |
| Low | -4.9% | 2.8% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.47 | 12.50 | 15.25 |
| Avg | 8.83 | 10.91 | 13.21 |
| Low | 8.11 | 9.81 | 10.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5% | 41.5% | 39.8% |
| Avg | 4.9% | 23.6% | 21.1% |
| Low | -3.7% | 11.1% | -0.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.