Seaport Global Remains a Hold on LGI Homes (LGIH)

Seaport Global analyst Kenneth Zener maintained a Hold rating on LGI Homes (LGIH – Research Report) today. The company’s shares closed yesterday at $89.45.

According to TipRanks, Zener is a 5-star analyst with an average return of 13.9% and a 67.02% success rate.

LGI Homes has an analyst consensus of Hold, with a price target consensus of $110.67.

The company has a one-year high of $141.91 and a one-year low of $84.16. Currently, LGI Homes has an average volume of 227.4K.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LGIH in relation to earlier this year.

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LGI Homes (LGIH) Company Description:

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It also deals with the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.