LGI Homes (NASDAQ:LGIH) Shares Up 9% – Still a Buy?

17 Apr 2026, 14:00 by Teresa Graham · The Cerbat Gem

Shares of LGI Homes, Inc. (NASDAQ:LGIH – Get Free Report) rose 9% during mid-day trading on Friday . The company traded as high as $41.67 and last traded at $42.7130. Approximately 67,407 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 454,225 shares. The stock had previously closed at $39.20.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on LGIH. Citizens Jmp boosted their price objective on LGI Homes from $85.00 to $95.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 7th. Weiss Ratings reissued a “sell (d)” rating on shares of LGI Homes in a research report on Monday, December 29th. Finally, Citigroup reaffirmed an “outperform” rating on shares of LGI Homes in a research report on Wednesday, January 7th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $74.63.

Get Our Latest Analysis on LGI Homes

LGI Homes Price Performance

The company has a quick ratio of 0.76, a current ratio of 20.98 and a debt-to-equity ratio of 0.79. The company has a market cap of $998.65 million, a price-to-earnings ratio of 13.79 and a beta of 1.86. The stock’s 50-day simple moving average is $45.59 and its 200 day simple moving average is $47.22.

LGI Homes (NASDAQ:LGIH – Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The financial services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. LGI Homes had a net margin of 4.25% and a return on equity of 4.08%. The business had revenue of $473.97 million during the quarter, compared to analysts’ expectations of $479.60 million. During the same period last year, the business earned $2.15 earnings per share. The business’s revenue for the quarter was down 15.0% on a year-over-year basis. On average, equities research analysts anticipate that LGI Homes, Inc. will post 8.46 EPS for the current fiscal year.

Insider Activity at LGI Homes

In related news, COO Michael Larry Snider sold 6,000 shares of LGI Homes stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $42.04, for a total value of $252,240.00. Following the completion of the transaction, the chief operating officer owned 175,556 shares in the company, valued at $7,380,374.24. The trade was a 3.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Scott James Garber sold 1,353 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.04, for a total transaction of $56,880.12. Following the transaction, the general counsel owned 21,716 shares of the company’s stock, valued at $912,940.64. This trade represents a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,451 shares of company stock valued at $943,840 over the last 90 days. 12.60% of the stock is owned by corporate insiders.

Institutional Trading of LGI Homes

A number of institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd boosted its position in shares of LGI Homes by 75.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 237 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of LGI Homes during the 4th quarter worth about $29,000. Russell Investments Group Ltd. lifted its stake in LGI Homes by 106.6% during the second quarter. Russell Investments Group Ltd. now owns 591 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 305 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in LGI Homes in the fourth quarter valued at approximately $32,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in LGI Homes by 1,759.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 874 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 827 shares in the last quarter. 84.89% of the stock is owned by hedge funds and other institutional investors.

About LGI Homes

(Get Free Report)

LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.