Published On: Wed, Oct 19th, 2016

New Analyst Ratings On LGI Homes, Inc. (NASDAQ:LGIH)


Recently stock market analysts have updated their consensus ratings on shares of LGI Homes, Inc. (NASDAQ:LGIH).

Most recent broker ratings

09/28/2016 – Wells Fargo began new coverage on LGI Homes, Inc. giving the company a “outperform” rating.

01/13/2016 – LGI Homes, Inc. had its “overweight” rating reiterated by analysts at JP Morgan.

12/29/2015 – Sidoti began new coverage on LGI Homes, Inc. giving the company a “buy” rating. They now have a USD 46 price target on the stock.

08/06/2015 – LGI Homes, Inc. had its “market outperform” rating reiterated by analysts at JMP Securities. They now have a USD 30 price target on the stock.

05/01/2015 – LGI Homes, Inc. was upgraded to “hold” by analysts at Zacks.

12/04/2014 – LGI Homes, Inc. had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 23 price target on the stock.

06/23/2014 – LGI Homes, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 20 price target on the stock.

LGI Homes, Inc. has a 50 day moving average of 35.96 and a 200 day moving average of 31.74. The stock’s market capitalization is 686.61M, it has a 52-week low of 18.74 and a 52-week high of 40.47.

The share price of the company (NASDAQ:LGIH) was up +0.52% during the last trading session, with a high of 33.14 and the volume of LGI Homes, Inc. shares traded was 183312.

LGI Homes, Inc. is a homebuilder. The Company is engaged in the design, construction, marketing and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington and Tennessee. The Company has five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division. The Texas division includes homebuilding operations in Houston, Dallas/Fort Worth, San Antonio and Austin locations. The Southwest division includes homebuilding operations in Phoenix, Tucson, Albuquerque, Denver and Colorado Springs locations. The Southeast division includes homebuilding operations in Atlanta, Charlotte and Nashville locations. The Florida division includes homebuilding operations in Tampa, Orlando, Fort Myers and Jacksonville locations. The Northwest division includes homebuilding operations in Seattle location. Its product offerings include entry-level homes and move-up homes.