LGI Homes (LGIH) Set to Announce Earnings on Tuesday

LGI Homes (NASDAQ:LGIHGet Free Report) will announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $2.77 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

LGI Homes Price Performance

NASDAQ:LGIH opened at $102.52 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 12.63 and a quick ratio of 0.49. The company has a 50 day moving average price of $110.58 and a 200-day moving average price of $102.20. LGI Homes has a 1-year low of $84.00 and a 1-year high of $136.89. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 12.46 and a beta of 1.97.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on LGIH. Wedbush reiterated a “neutral” rating and issued a $125.00 price objective on shares of LGI Homes in a research report on Friday, October 4th. JPMorgan Chase & Co. reduced their target price on LGI Homes from $95.00 to $93.00 and set an “underweight” rating for the company in a research note on Wednesday, July 10th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, LGI Homes currently has an average rating of “Hold” and a consensus price target of $126.00.

Read Our Latest Report on LGIH

LGI Homes Company Profile

(Get Free Report)

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.

See Also

Earnings History for LGI Homes (NASDAQ:LGIH)

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