LGI Homes (LGIH) Receives Daily Media Impact Score of 0.04

Press coverage about LGI Homes (NASDAQ:LGIH) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LGI Homes earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.6191964988225 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

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

Shares of LGI Homes (LGIH) opened at $71.29 on Friday. LGI Homes has a 12 month low of $26.82 and a 12 month high of $79.55. The firm has a market cap of $1,540.00, a price-to-earnings ratio of 16.54, a PEG ratio of 1.15 and a beta of 0.27. The company has a quick ratio of 0.86, a current ratio of 8.91 and a debt-to-equity ratio of 1.04.

LGI Homes (NASDAQ:LGIH) last announced its earnings results on Tuesday, November 7th. The financial services provider reported $1.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.10. LGI Homes had a net margin of 9.26% and a return on equity of 25.51%. The business had revenue of $365.90 million for the quarter, compared to the consensus estimate of $355.81 million. During the same quarter in the prior year, the firm posted $0.86 earnings per share. The business’s revenue for the quarter was up 69.2% on a year-over-year basis. sell-side analysts expect that LGI Homes will post 4.63 EPS for the current year.

Several equities analysts have commented on LGIH shares. ValuEngine upgraded shares of LGI Homes from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Zacks Investment Research raised shares of LGI Homes from a “hold” rating to a “strong-buy” rating and set a $91.00 target price on the stock in a research note on Thursday, January 4th. TheStreet raised shares of LGI Homes from a “c+” rating to a “b-” rating in a research note on Monday, November 13th. JMP Securities increased their target price on shares of LGI Homes from $62.00 to $68.00 and gave the company a “market outperform” rating in a research note on Wednesday, November 8th. Finally, Wedbush reissued a “neutral” rating and issued a $60.00 target price (up previously from $55.00) on shares of LGI Homes in a research note on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $59.33.

In related news, CEO Eric Thomas Lipar sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were 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 owns 491,233 shares of the company’s stock, valued at approximately $35,383,512.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Larry Snider sold 20,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $62.75, for a total transaction of $1,255,000.00. The disclosure for this sale can be found here. Insiders sold a total of 68,101 shares of company stock worth $4,517,581 in the last ninety days. 13.60% of the stock is currently owned by insiders.

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About LGI Homes

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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