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LGI Homes (NASDAQ:LGIH – Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, August 5th. Analysts expect LGI Homes to post earnings of $1.34 per share and revenue of $546.96 million for the quarter.
LGI Homes (NASDAQ:LGIH – Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $0.46 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.29). The business had revenue of $351.42 million during the quarter, compared to analysts’ expectations of $380.07 million. LGI Homes had a net margin of 8.46% and a return on equity of 9.49%. The firm’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.72 EPS. On average, analysts expect LGI Homes to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.
LGI Homes Stock Down 1.2%
LGIH opened at $56.89 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 16.58 and a quick ratio of 0.54. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 7.34 and a beta of 1.76. The business has a 50-day moving average of $52.32 and a two-hundred day moving average of $64.82. LGI Homes has a 12 month low of $47.17 and a 12 month high of $125.83.
Institutional Trading of LGI Homes
A number of institutional investors have recently modified their holdings of LGIH. Royal Bank of Canada grew its holdings in shares of LGI Homes by 58.7% during the 1st quarter. Royal Bank of Canada now owns 4,721 shares of the financial services provider’s stock worth $313,000 after purchasing an additional 1,746 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of LGI Homes by 5.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,502 shares of the financial services provider’s stock worth $831,000 after purchasing an additional 621 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of LGI Homes by 5.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 250,142 shares of the financial services provider’s stock worth $16,627,000 after purchasing an additional 12,524 shares during the period. Hedge funds and other institutional investors own 84.89% of the company’s stock.
Analyst Ratings Changes
LGIH has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their price target on LGI Homes from $52.00 to $47.00 and set an “underweight” rating for the company in a report on Wednesday, July 9th. JMP Securities restated a “market outperform” rating and issued a $140.00 price target on shares of LGI Homes in a report on Wednesday, April 30th. Finally, Wedbush restated a “neutral” rating and issued a $93.00 price target on shares of LGI Homes in a report on Monday, July 7th.
Read Our Latest Research Report on LGI Homes
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.
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