$1.63 EPS Expected for LGI Homes, Inc. (LGIH)

October 11, 2018 - By Adrian Erickson

LGI Homes, Inc. (NASDAQ:LGIH) LogoInvestors sentiment decreased to 1.45 in 2018 Q2. Its down 0.05, from 1.5 in 2018Q1. It dived, as 20 investors sold LGI Homes, Inc. shares while 49 reduced holdings. 28 funds opened positions while 72 raised stakes. 19.51 million shares or 1.20% more from 19.28 million shares in 2018Q1 were reported.
The Pennsylvania-based Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). California Employees Retirement holds 28,516 shares or 0% of its portfolio. Ameritas Invest Prtn has invested 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). Next Century Growth Ltd accumulated 112,653 shares. Citadel Advsrs Ltd Limited Liability Company has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). Deutsche Commercial Bank Ag has 0.01% invested in LGI Homes, Inc. (NASDAQ:LGIH). Prelude Capital Mgmt Ltd Company reported 0.09% stake. Prudential Fin reported 0.01% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). Kistler invested in 116 shares. Brookstone Capital reported 3,622 shares stake. State Of Alaska Department Of Revenue holds 5,913 shares. Vanguard has invested 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,236 shares for 0% of their portfolio. Pinnacle Hldg Llc has invested 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). Captrust Fincl Advsrs owns 509 shares.

Analysts expect LGI Homes, Inc. (NASDAQ:LGIH) to report $1.63 EPS on November, 6.They anticipate $0.23 EPS change or 16.43 % from last quarter’s $1.4 EPS. LGIH’s profit would be $36.89M giving it 6.09 P/E if the $1.63 EPS is correct. After having $1.90 EPS previously, LGI Homes, Inc.’s analysts see -14.21 % EPS growth. The stock decreased 3.43% or $1.41 during the last trading session, reaching $39.69. About 593,466 shares traded or 70.53% up from the average. LGI Homes, Inc. (NASDAQ:LGIH) has risen 14.24% since October 11, 2017 and is uptrending. It has underperformed by 1.38% the S&P500.

LGI Homes, Inc. (NASDAQ:LGIH) Ratings Coverage

Among 2 analysts covering LGI Homes (NASDAQ:LGIH), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. LGI Homes had 3 analyst reports since July 6, 2018 according to SRatingsIntel. JP Morgan upgraded it to “Overweight” rating and $58.5 target in Friday, September 21 report. The firm has “Neutral” rating by Wedbush given on Friday, July 6. On Wednesday, August 8 the stock rating was maintained by Wedbush with “Neutral”.

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, and Tennessee markets. The company has market cap of $898.30 million. It offers entry-level homes and move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. It has a 6.85 P/E ratio. At December 31, 2016, it owned 59 active communities under the LGI Homes brand; and 4 under the Terrata Homes brand.

More news for LGI Homes, Inc. (NASDAQ:LGIH) were recently published by: Fool.com, which released: “3 Cheap Stocks I’d Buy Right Now” on September 17, 2018. Nasdaq.com‘s article titled: “LGI Homes, Inc. Reports September and Third Quarter 2018 Home Closings and 2018 Third Quarter Earnings …” and published on October 03, 2018 is yet another important article.

LGI Homes, Inc. (NASDAQ:LGIH) Institutional Positions Chart

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