EPS for LGI Homes, Inc. (LGIH) forecasted at $0.70

April 16, 2018 - By Michele Cranor

LGI Homes, Inc. (NASDAQ:LGIH) Corporate Logo
Big Money Sentiment increased to 1.14 in 2017 Q4. It has change of 0.05, from 2017Q3’s 1.09. The ratio increased due to LGI Homes, Inc. positioning: 15 sold and 62 reduced. 43 funds took stakes and 45 increased stakes. Investors holded 19.37 million in 2017Q3 but now own 18.17 million shares or 6.23% less.
Next Century Growth reported 102,998 shs. Pinnacle Ltd Co holds 0.01% of its capital in LGI Homes, Inc. (NASDAQ:LGIH) for 300 shs. Etrade Mngmt Lc invested in 0.03% or 10,721 shs. Riverhead Cap Mgmt Limited holds 0% or 1,500 shs. Guggenheim Cap Ltd Liability Company invested in 50,248 shs or 0.01% of the stock. Pdt Partners Limited Liability Company reported 0.26% of its capital in LGI Homes, Inc. (NASDAQ:LGIH). Aqr Capital Limited accumulated 12,525 shs or 0% of the stock. Fmr Ltd Liability Company stated it has 0.01% of its capital in LGI Homes, Inc. (NASDAQ:LGIH). Stifel Fincl reported 5,080 shs stake. Piedmont Investment Advisors Ltd Limited Liability Company holds 0.01% of its capital in LGI Homes, Inc. (NASDAQ:LGIH) for 3,574 shs. Lsv Asset Mgmt has invested 0.02% in LGI Homes, Inc. (NASDAQ:LGIH). State Street reported 0% stake. Lord Abbett Limited Co holds 0.05% in LGI Homes, Inc. (NASDAQ:LGIH) or 231,152 shs. Sanctuary Wealth Advisors Lc owns 49,976 shs. Citigroup Incorporated reported 0% in LGI Homes, Inc. (NASDAQ:LGIH).

LGI Homes, Inc. had 8 selling transactions and 1 insider buy since October 18, 2017. This’s net activity of $9.26 million. On Thursday, March 15 Lipar Jack Anthony sold $369,487 worth of LGI Homes, Inc. (NASDAQ:LGIH). Lipar Eric Thomas also sold $2.57 million worth of LGI Homes, Inc. (NASDAQ:LGIH) on Thursday, March 15. On Thursday, March 15 a trade for 4,144 shs valued at $264,402 was made by Britton Margaret Mary. Snider Michael Larry also sold $1.33M worth of LGI Homes, Inc. (NASDAQ:LGIH) shs. 16,967 shs were sold by Merdian Charles Michael, worth $1.08 million. On Friday, March 2 $78,901 worth of stock was bought by Edone Ryan.

LGI Homes, Inc. (NASDAQ:LGIH)’s quarterly earnings will be announced On May, 8., as reported by Faxor. Last year’s earnings per share was $0.52, while now analysts expect change of 34.62 % up from current $0.70 earnings per share. This could be $15.63 million profit for LGIH assuming the current $0.70 earnings per share will become reality. Last quarter $1.43 earnings per share was reported. Analysts forecasts -51.05 % negative EPS growth this quarter. The stock increased 0.83% or $0.58 during the last trading session, reaching $70.45.Currently LGI Homes, Inc. is uptrending after 115.57% change in last April 17, 2017. LGIH has 187,356 shares volume. The stock outperformed the S&P500 by 104.02%.

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

In total 2 analysts cover LGI Homes (NASDAQ:LGIH). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. 4 are the (NASDAQ:LGIH)’s analyst reports since November 8, 2017 according to StockzIntelligence Inc. On Tuesday, February 13 the rating was upgraded by Wedbush to “Outperform”. On Tuesday, April 10 Wedbush downgraded the shares of LGIH in report to “Hold” rating. On Wednesday, November 8 the firm has “Hold” rating given by Wedbush. In Wednesday, November 8 report JMP Securities maintained it with “Market Outperform” rating and $68 target.

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 firm is valued at $1.57 billion. 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.The P/E ratio is 14.89. At December 31, 2016, it owned 59 active communities under the LGI Homes brand; and 4 under the Terrata Homes brand.

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

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