LGI Homes (LGIH) Given Media Impact Rating of 0.15

News stories about LGI Homes (NASDAQ:LGIH) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LGI Homes earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.9237338134825 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Several analysts have commented on LGIH shares. Wedbush upgraded shares of LGI Homes from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $59.51 to $73.00 in a report on Tuesday, February 13th. BidaskClub upgraded shares of LGI Homes from a “hold” rating to a “buy” rating in a report on Tuesday, May 8th. Zacks Investment Research lowered shares of LGI Homes from a “buy” rating to a “hold” rating in a report on Thursday, March 1st. Finally, ValuEngine lowered shares of LGI Homes from a “buy” rating to a “hold” rating in a report on Monday, May 14th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. LGI Homes has an average rating of “Hold” and a consensus target price of $67.20.

LGI Homes opened at $59.33 on Thursday, Marketbeat.com reports. The company has a market cap of $1.32 billion, a PE ratio of 12.54, a price-to-earnings-growth ratio of 0.82 and a beta of 0.13. The company has a quick ratio of 1.24, a current ratio of 14.21 and a debt-to-equity ratio of 1.10. LGI Homes has a 52-week low of $31.79 and a 52-week high of $81.88.

LGI Homes (NASDAQ:LGIH) last issued its quarterly earnings data on Tuesday, May 8th. The financial services provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.33. The business had revenue of $279.00 million during the quarter, compared to the consensus estimate of $271.68 million. LGI Homes had a net margin of 9.38% and a return on equity of 27.68%. The company’s revenue was up 71.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.52 EPS. sell-side analysts predict that LGI Homes will post 6.45 EPS for the current year.

In related news, CMO Rachel Lyons Eaton sold 1,541 shares of the company’s stock in a transaction on Friday, March 16th. The shares were sold at an average price of $63.80, for a total value of $98,315.80. Following the completion of the sale, the chief marketing officer now owns 34,223 shares in the company, valued at approximately $2,183,427.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Ryan Edone purchased 1,400 shares of LGI Homes stock in a transaction that occurred on Friday, March 2nd. The stock was acquired at an average price of $56.36 per share, with a total value of $78,904.00. Following the transaction, the director now owns 22,982 shares in the company, valued at $1,295,265.52. The disclosure for this purchase can be found here. Insiders have sold a total of 114,432 shares of company stock valued at $7,538,012 in the last 90 days. Insiders own 13.60% of the company’s stock.

LGI Homes Company Profile

LGI Homes, Inc engages in the design, construction, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, Tennessee, and Minnesota markets. It offers entry-level homes, such as detached and townhomes, as well as move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name.

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

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