LGI Homes, Inc. (LGIH) Analysts See $1.63 EPS

October 13, 2018 - By Adrian Erickson

LGI Homes, Inc. (NASDAQ:LGIH) LogoInvestors sentiment decreased to 1.45 in Q2 2018. Its down 0.05, from 1.5 in 2018Q1. It worsened, 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.
Jpmorgan Chase Co has invested 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). 1,594 are held by Glenmede Trust Na. Quantbot Techs L P has 18,574 shares. Metropolitan Life Insurance Com Ny stated it has 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). The New York-based Alliancebernstein L P has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). Lpl Ltd Liability Co has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). Parkside Commercial Bank & has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). Toth Advisory Corporation has invested 0.01% in LGI Homes, Inc. (NASDAQ:LGIH). Origin Asset Mgmt Limited Liability Partnership holds 0.58% or 142,498 shares in its portfolio. New York-based Qs Invsts Limited Liability has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). Us Natl Bank De holds 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH) for 499 shares. First Advisors Lp has invested 0.01% in LGI Homes, Inc. (NASDAQ:LGIH). Fmr Ltd Liability Company accumulated 1.11 million shares or 0.01% of the stock. James Inv Rech accumulated 70,855 shares or 0.16% of the stock. Raymond James Financial Serv owns 14,226 shares for 0% of their portfolio.

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 5.95 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 2.78% or $1.11 during the last trading session, reaching $38.8. About 331,217 shares traded. LGI Homes, Inc. (NASDAQ:LGIH) has risen 14.24% since October 14, 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. As per Friday, July 6, the company rating was maintained by Wedbush. As per Friday, September 21, the company rating was upgraded by JP Morgan. The stock has “Neutral” rating by Wedbush on Wednesday, August 8.

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 $878.16 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 6.69 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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