LGI Homes (LGIH) Stock Forecast, Price Target & Predictions
LGIH Stock Forecast
LGI Homes stock forecast is as follows: an average price target of $107.25 (represents a 3.19% upside from LGIH’s last price of $103.93) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
LGIH Price Target
The average price target for LGI Homes (LGIH) is $107.25 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $130.00 to $84.00. This represents a potential 3.19% upside from LGIH's last price of $103.93.
LGIH Analyst Ratings
According to 6 Wall Street analysts, LGI Homes's rating consensus is 'Hold'. The analyst rating breakdown for LGIH stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
LGI Homes Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 09, 2024 | Jay McCanless | Wedbush | $125.00 | $104.80 | 19.27% | 20.27% |
| Apr 02, 2024 | Jay McCanless | Wedbush | $74.00 | $114.44 | -35.34% | -28.80% |
| Apr 12, 2023 | Aaron Hecht | JMP Securities | $130.00 | $111.11 | 17.01% | 25.08% |
| Nov 22, 2022 | - | J.P. Morgan | $84.00 | $93.47 | -10.13% | -19.18% |
| Aug 03, 2022 | - | JMP Securities | $140.00 | $106.51 | 31.44% | 34.71% |
| Jul 12, 2022 | - | J.P. Morgan | $77.00 | $98.31 | -21.68% | -25.91% |
| Jun 17, 2022 | - | Wells Fargo | $90.00 | $76.60 | 17.49% | -13.40% |
The latest LGI Homes stock forecast, released on Sep 09, 2024 by Jay McCanless from Wedbush, set a price target of $125.00, which represents a 19.27% increase from the stock price at the time of the forecast ($104.80), and a 20.27% increase from LGIH last price ($103.93).
LGI Homes Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $125.00 | $99.50 |
| Last Closing Price | $103.93 | $103.93 | $103.93 |
| Upside/Downside | -100.00% | 20.27% | -4.26% |
In the current month, the average price target of LGI Homes stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to LGI Homes's last price of $103.93. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 09, 2024 | Wedbush | Underperform | Neutral | Upgrade |
| Aug 05, 2024 | Seaport Global | - | Sell | Downgrade |
| Jul 05, 2024 | Wolfe Research | Neutral | Neutral | Hold |
| Apr 02, 2024 | Wedbush | - | Underperform | Downgrade |
| Jul 10, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Apr 12, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Aug 03, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jun 17, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | BTIG | - | Neutral | Upgrade |
LGI Homes's last stock rating was published by Wedbush on Sep 09, 2024. The company Upgrade its LGIH rating from "Underperform" to "Neutral".
LGI Homes Financial Forecast
LGI Homes Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.08B | $645.27M | $487.36M | $488.26M | $547.07M | $723.07M | $546.05M | $801.08M | $751.61M | $791.51M | $705.95M | $897.40M | $534.20M | $481.60M | $454.73M | $605.65M | $483.08M |
| Avg Forecast | $873.10M | $873.80M | $813.70M | $617.50M | $794.91M | $777.58M | $718.34M | $478.33M | $672.36M | $645.27M | $617.44M | $400.00M | $663.95M | $625.30M | $638.05M | $467.54M | $523.92M | $599.69M | $717.16M | $515.98M | $758.07M | $731.98M | $770.64M | $598.55M | $854.06M | $516.10M | $464.57M | $432.90M | $590.87M | $486.83M |
| High Forecast | $955.90M | $956.67M | $890.87M | $676.06M | $870.29M | $851.33M | $786.47M | $523.69M | $754.24M | $657.14M | $617.44M | $400.00M | $776.86M | $672.97M | $698.56M | $511.89M | $573.61M | $599.69M | $717.16M | $515.98M | $758.07M | $731.98M | $770.64M | $598.55M | $854.06M | $516.10M | $464.57M | $432.90M | $590.87M | $486.83M |
| Low Forecast | $782.74M | $783.36M | $729.48M | $553.59M | $712.63M | $697.10M | $644.00M | $428.82M | $587.96M | $633.40M | $617.44M | $400.00M | $585.54M | $576.46M | $572.01M | $419.15M | $469.70M | $599.69M | $717.16M | $515.98M | $758.07M | $731.98M | $770.64M | $598.55M | $854.06M | $516.10M | $464.57M | $432.90M | $590.87M | $486.83M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 8 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.72% | 1.01% | 1.04% | 0.93% | 0.91% | 1.01% | 1.06% | 1.06% | 1.03% | 1.03% | 1.18% | 1.05% | 1.04% | 1.04% | 1.05% | 1.03% | 0.99% |
LGI Homes's average Quarter revenue forecast for Dec 23 based on 3 analysts is $663.95M, with a low forecast of $585.54M, and a high forecast of $776.86M. LGIH's average Quarter revenue forecast represents a -38.31% decrease compared to the company's last Quarter revenue of $1.08B (Sep 23).
LGI Homes EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 8 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $82.28M | $65.09M | $26.05M | $40.80M | $94.98M | $159.39M | $99.90M | $143.71M | $127.29M | $149.37M | $123.56M | $166.75M | $78.01M | $68.75M | $55.05M | $85.03M | $64.89M |
| Avg Forecast | $127.69M | $127.79M | $119.00M | $90.31M | $116.25M | $113.72M | $105.06M | $69.95M | $98.33M | $94.37M | $90.30M | $128.71M | $97.10M | $91.45M | $93.31M | $101.75M | $161.16M | $87.70M | $104.88M | $80.43M | $110.87M | $107.05M | $112.71M | $57.09M | $124.91M | $75.48M | $67.94M | $35.36M | $86.41M | $71.20M |
| High Forecast | $139.80M | $139.91M | $130.29M | $98.87M | $127.28M | $124.51M | $115.02M | $76.59M | $110.31M | $96.11M | $90.30M | $154.45M | $113.62M | $98.42M | $102.16M | $122.10M | $193.39M | $87.70M | $104.88M | $96.52M | $110.87M | $107.05M | $112.71M | $68.50M | $124.91M | $75.48M | $67.94M | $42.43M | $86.41M | $71.20M |
| Low Forecast | $114.47M | $114.57M | $106.69M | $80.96M | $104.22M | $101.95M | $94.18M | $62.71M | $85.99M | $92.63M | $90.30M | $102.97M | $85.63M | $84.31M | $83.66M | $81.40M | $128.92M | $87.70M | $104.88M | $64.35M | $110.87M | $107.05M | $112.71M | $45.67M | $124.91M | $75.48M | $67.94M | $28.29M | $86.41M | $71.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.70% | 0.26% | 0.25% | 1.08% | 1.52% | 1.24% | 1.30% | 1.19% | 1.33% | 2.16% | 1.34% | 1.03% | 1.01% | 1.56% | 0.98% | 0.91% |
3 analysts predict LGIH's average Quarter EBITDA for Dec 23 to be $97.10M, with a high of $113.62M and a low of $85.63M. This is 18.02% upper than LGI Homes's previous annual EBITDA (Sep 23) of $82.28M.
LGI Homes Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 8 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $67.04M | $53.13M | $26.96M | $34.12M | $90.39M | $123.38M | $78.69M | $111.30M | $100.55M | $118.13M | $99.66M | $136.43M | $89.00M | $55.62M | $42.84M | $64.87M | $49.35M |
| Avg Forecast | $89.84M | $89.13M | $86.69M | $48.97M | $77.69M | $75.81M | $69.44M | $33.19M | $60.74M | $59.84M | $51.34M | $101.38M | $59.86M | $51.43M | $43.46M | $80.14M | $124.82M | $83.35M | $100.27M | $63.35M | $99.03M | $94.75M | $92.59M | $46.04M | $98.85M | $50.89M | $38.14M | $27.51M | $55.11M | $44.66M |
| High Forecast | $100.91M | $100.12M | $97.38M | $55.00M | $87.27M | $85.15M | $78.00M | $37.28M | $67.78M | $61.38M | $51.34M | $121.66M | $78.33M | $61.34M | $48.82M | $96.17M | $149.78M | $83.35M | $100.27M | $76.02M | $99.03M | $94.75M | $92.59M | $55.25M | $98.85M | $50.89M | $38.14M | $33.02M | $55.11M | $44.66M |
| Low Forecast | $77.75M | $77.14M | $75.03M | $42.38M | $67.24M | $65.61M | $60.10M | $28.72M | $56.25M | $58.31M | $51.34M | $81.10M | $49.62M | $41.29M | $37.62M | $64.11M | $99.85M | $83.35M | $100.27M | $50.68M | $99.03M | $94.75M | $92.59M | $36.83M | $98.85M | $50.89M | $38.14M | $22.01M | $55.11M | $44.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.22% | 0.34% | 0.27% | 1.08% | 1.23% | 1.24% | 1.12% | 1.06% | 1.28% | 2.16% | 1.38% | 1.75% | 1.46% | 1.56% | 1.18% | 1.11% |
LGI Homes's average Quarter net income forecast for Dec 23 is $59.86M, with a range of $49.62M to $78.33M. LGIH's average Quarter net income forecast represents a -10.72% decrease compared to the company's last Quarter net income of $67.04M (Sep 23).
LGI Homes SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 8 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $76.53M | $76.85M | $72.77M | $60.23M | $61.22M | $72.35M | $62.69M | $70.41M | $64.35M | $68.07M | $67.51M | $77.77M | $57.79M | $50.14M | $52.69M | $58.22M | $52.63M |
| Avg Forecast | $95.21M | $95.29M | $88.74M | $67.34M | $86.69M | $84.80M | $78.34M | $52.16M | $73.32M | $70.37M | $67.33M | $80.77M | $72.40M | $68.19M | $69.58M | $63.85M | $78.96M | $65.40M | $78.21M | $50.47M | $82.67M | $79.82M | $84.04M | $31.19M | $93.14M | $56.28M | $50.66M | $33.84M | $64.44M | $53.09M |
| High Forecast | $104.24M | $104.33M | $97.15M | $73.73M | $94.91M | $92.84M | $85.77M | $57.11M | $82.25M | $71.66M | $67.33M | $96.92M | $84.72M | $73.39M | $76.18M | $76.62M | $94.75M | $65.40M | $78.21M | $60.57M | $82.67M | $79.82M | $84.04M | $37.43M | $93.14M | $56.28M | $50.66M | $40.61M | $64.44M | $53.09M |
| Low Forecast | $85.36M | $85.43M | $79.55M | $60.37M | $77.71M | $76.02M | $70.23M | $46.76M | $64.12M | $69.07M | $67.33M | $64.61M | $63.85M | $62.86M | $62.38M | $51.08M | $63.17M | $65.40M | $78.21M | $40.38M | $82.67M | $79.82M | $84.04M | $24.95M | $93.14M | $56.28M | $50.66M | $27.07M | $64.44M | $53.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.10% | 1.14% | 0.76% | 0.94% | 0.93% | 1.24% | 0.85% | 0.81% | 0.81% | 2.16% | 0.84% | 1.03% | 0.99% | 1.56% | 0.90% | 0.99% |
LGI Homes's average Quarter SG&A projection for Dec 23 is $72.40M, based on 3 Wall Street analysts, with a range of $63.85M to $84.72M. The forecast indicates a -5.39% fall compared to LGIH last annual SG&A of $76.53M (Sep 23).
LGI Homes EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 8 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.85 | $2.26 | $1.15 | $1.46 | $3.88 | $5.24 | $3.30 | $4.61 | $4.10 | $4.75 | $3.99 | $5.45 | $3.55 | $2.22 | $1.69 | $2.69 | $2.15 |
| Avg Forecast | $3.81 | $3.78 | $3.68 | $2.08 | $3.29 | $3.21 | $2.94 | $1.41 | $2.58 | $2.54 | $2.18 | $1.06 | $2.54 | $2.18 | $1.84 | $1.25 | $1.71 | $3.53 | $4.25 | $2.72 | $4.20 | $4.01 | $3.92 | $2.50 | $4.19 | $2.16 | $1.62 | $1.25 | $2.33 | $1.89 |
| High Forecast | $4.28 | $4.25 | $4.13 | $2.33 | $3.70 | $3.61 | $3.31 | $1.58 | $2.87 | $2.60 | $2.18 | $1.06 | $3.32 | $2.60 | $2.07 | $1.41 | $1.92 | $3.53 | $4.25 | $2.72 | $4.20 | $4.01 | $3.92 | $2.50 | $4.19 | $2.16 | $1.62 | $1.25 | $2.33 | $1.89 |
| Low Forecast | $3.30 | $3.27 | $3.18 | $1.80 | $2.85 | $2.78 | $2.55 | $1.22 | $2.39 | $2.47 | $2.18 | $1.06 | $2.10 | $1.75 | $1.60 | $1.08 | $1.48 | $3.53 | $4.25 | $2.72 | $4.20 | $4.01 | $3.92 | $2.50 | $4.19 | $2.16 | $1.62 | $1.25 | $2.33 | $1.89 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31% | 1.23% | 0.92% | 0.85% | 1.10% | 1.23% | 1.21% | 1.10% | 1.02% | 1.21% | 1.60% | 1.30% | 1.65% | 1.37% | 1.35% | 1.15% | 1.14% |
According to 3 Wall Street analysts, LGI Homes's projected average Quarter EPS for Dec 23 is $2.54, with a low estimate of $2.10 and a high estimate of $3.32. This represents a -10.93% decrease compared to LGIH previous annual EPS of $2.85 (Sep 23).
LGI Homes Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MHO | M/I Homes | $153.61 | $197.50 | 28.57% | Strong Buy |
| BZH | Beazer Homes USA | $31.96 | $41.00 | 28.29% | Buy |
| LEGH | Legacy Housing | $26.24 | $29.50 | 12.42% | Buy |
| MTH | Meritage Homes | $177.92 | $190.00 | 6.79% | Buy |
| TMHC | Taylor Morrison Home | $69.79 | $73.83 | 5.79% | Buy |
| LGIH | LGI Homes | $103.93 | $107.25 | 3.19% | Hold |
| CVCO | Cavco Industries | $466.18 | $475.00 | 1.89% | Buy |
| TPH | Tri Pointe Homes | $41.38 | $40.33 | -2.54% | Hold |
| KBH | KB Home | $78.41 | $59.46 | -24.17% | Buy |
| CCS | Century Communities | $85.64 | $60.67 | -29.16% | Buy |