Somewhat Positive Press Coverage Somewhat Unlikely to Impact LGI Homes (LGIH) Stock Price

News headlines about LGI Homes (NASDAQ:LGIH) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. LGI Homes earned a news impact score of 0.24 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.4959929762217 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern’s analysis:

Several brokerages recently weighed in on LGIH. BidaskClub lowered LGI Homes from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 11th. Wedbush raised LGI Homes from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $59.51 to $73.00 in a research report on Tuesday, February 13th. TheStreet raised LGI Homes from a “c+” rating to a “b-” rating in a research report on Monday, November 13th. Zacks Investment Research raised LGI Homes from a “hold” rating to a “strong-buy” rating and set a $91.00 target price on the stock in a research report on Thursday, January 4th. Finally, JMP Securities increased their target price on LGI Homes from $62.00 to $68.00 and gave the stock a “market outperform” rating in a research report on Wednesday, November 8th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. LGI Homes currently has a consensus rating of “Buy” and an average price target of $61.50.

LGI Homes (LGIH) opened at $65.77 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 8.91 and a quick ratio of 0.86. LGI Homes has a 52-week low of $27.28 and a 52-week high of $79.55. The company has a market capitalization of $1,429.71, a PE ratio of 15.22, a price-to-earnings-growth ratio of 1.01 and a beta of 0.09.

In other LGI Homes news, CEO Eric Thomas Lipar sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $72.03, for a total value of $1,800,750.00. Following the transaction, the chief executive officer now directly owns 491,233 shares of the company’s stock, valued at $35,383,512.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 13.60% of the company’s stock.

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LGI Homes Company Profile

LGI Homes, Inc is a homebuilder and land developer. 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 operates through five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division.

Insider Buying and Selling by Quarter for LGI Homes (NASDAQ:LGIH)

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