LGI Homes, Inc. (LGIH)
NASDAQ: LGIH · IEX Real-Time Price · USD
95.85
+0.97 (1.02%)
Apr 26, 2024, 4:00 PM EDT - Market closed
LGI Homes Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for LGI Homes stock have an average target of 124.75, with a low estimate of 74 and a high estimate of 160. The average target predicts an increase of 30.15% from the current stock price of 95.85.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LGI Homes stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $160 | Buy | Reiterates | $160 | +66.93% | Apr 5, 2024 |
| Wedbush | Wedbush | Sell Reiterates $74 | Sell | Reiterates | $74 | -22.80% | Apr 4, 2024 |
| Wedbush | Wedbush | Hold → Sell Downgrades $88 → $74 | Hold → Sell | Downgrades | $88 → $74 | -22.80% | Apr 2, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $160 | Buy | Reiterates | $160 | +66.93% | Feb 27, 2024 |
| Wedbush | Wedbush | Hold Maintains $97 → $88 | Hold | Maintains | $97 → $88 | -8.19% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
2.72B
from 2.36B
Increased by 15.28%
Revenue Next Year
3.40B
from 2.72B
Increased by 25.19%
EPS This Year
9.51
from 8.42
Increased by 12.92%
EPS Next Year
12.05
from 9.51
Increased by 26.72%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.9B | 4.1B |
| Avg | 2.7B | 3.4B |
| Low | 2.6B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 21.1% | 50.8% |
| Avg | 15.3% | 25.2% |
| Low | 9.0% | 9.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 10.43 | 15.19 |
| Avg | 9.51 | 12.05 |
| Low | 8.40 | 10.28 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 23.8% | 59.8% |
| Avg | 12.9% | 26.7% |
| Low | -0.3% | 8.2% |
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.