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LGI Homes Inc has a consensus price target of $117 based on the ratings of 7 analysts. The high is $160 issued by JMP Securities on April 5, 2024. The low is $82 issued by JP Morgan on December 13, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Wedbush, and Wedbush on December 13, 2024, October 4, 2024, and September 9, 2024, respectively. With an average price target of $110.67 between JP Morgan, Wedbush, and Wedbush, there's an implied 19.25% upside for LGI Homes Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for LGI Homes (NASDAQ:LGIH) was reported by JP Morgan on December 13, 2024. The analyst firm set a price target for $82.00 expecting LGIH to fall to within 12 months (a possible -11.64% downside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for LGI Homes (NASDAQ:LGIH) was provided by JP Morgan, and LGI Homes maintained their underweight rating.
The last upgrade for LGI Homes Inc happened on September 9, 2024 when Wedbush raised their price target to $125. Wedbush previously had an underperform for LGI Homes Inc.
The last downgrade for LGI Homes Inc happened on August 5, 2024 when Seaport Global changed their price target from N/A to $85 for LGI Homes Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of LGI Homes, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for LGI Homes was filed on December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.
While ratings are subjective and will change, the latest LGI Homes (LGIH) rating was a maintained with a price target of $100.00 to $82.00. The current price LGI Homes (LGIH) is trading at is $92.80, which is out of the analyst’s predicted range.
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