Wedbush Has Negative Forecast for LGI Homes Q3 Earnings

LGI Homes, Inc. (NASDAQ:LGIH) – Stock analysts at Wedbush lowered their Q3 2025 EPS estimates for shares of LGI Homes in a report issued on Tuesday, November 5th. Wedbush analyst J. Mccanless now expects that the financial services provider will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86. Wedbush currently has a “Neutral” rating and a $125.00 target price on the stock. The consensus estimate for LGI Homes’ current full-year earnings is $8.82 per share. Wedbush also issued estimates for LGI Homes’ FY2025 earnings at $10.40 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $3.08 EPS and FY2026 earnings at $11.03 EPS.

LGI Homes (NASDAQ:LGIH) last released its earnings results on Tuesday, November 5th. The financial services provider reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.42. LGI Homes had a net margin of 8.78% and a return on equity of 10.45%. The firm had revenue of $651.85 million for the quarter, compared to the consensus estimate of $645.27 million. During the same period in the prior year, the firm earned $2.84 EPS. The company’s revenue was up 5.6% compared to the same quarter last year.

Separately, JPMorgan Chase & Co. reduced their target price on shares of LGI Homes from $95.00 to $93.00 and set an “underweight” rating for the company in a report on Wednesday, July 10th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $126.00.

LGI Homes Price Performance

LGIH opened at $109.98 on Thursday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.49 and a current ratio of 12.63. The stock has a market capitalization of $2.58 billion, a P/E ratio of 13.36 and a beta of 1.97. The company’s 50-day simple moving average is $110.47 and its two-hundred day simple moving average is $102.57. LGI Homes has a 52-week low of $84.00 and a 52-week high of $136.89.

Hedge Funds Weigh In On LGI Homes

Hedge funds and other institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. increased its holdings in LGI Homes by 32.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 440 shares of the financial services provider’s stock worth $39,000 after buying an additional 108 shares during the period. Innealta Capital LLC purchased a new position in LGI Homes in the 2nd quarter valued at $39,000. Allspring Global Investments Holdings LLC purchased a new position in LGI Homes in the 3rd quarter valued at $43,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of LGI Homes in the 1st quarter worth $52,000. Finally, KBC Group NV increased its stake in shares of LGI Homes by 29.8% in the 3rd quarter. KBC Group NV now owns 732 shares of the financial services provider’s stock worth $87,000 after acquiring an additional 168 shares during the last quarter. Institutional investors and hedge funds own 84.89% of the company’s stock.

About LGI Homes

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.