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William Lyon Homes (NYSE:WLH)‘s stock had its “buy” rating reaffirmed by investment analysts at Citigroup Inc. in a note issued to investors on Monday. They currently have a $30.00 price objective on the stock, down from their previous price objective of $31.00. Citigroup Inc.’s target price suggests a potential upside of 19.71% from the stock’s previous close.

Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of William Lyon Homes in a research note on Thursday. They set an “overweight” rating on the stock.

Shares of William Lyon Homes (NYSE:WLH) traded up 3.19% during mid-day trading on Monday, hitting $25.86. The stock had a trading volume of 79,786 shares. William Lyon Homes has a 52-week low of $18.81 and a 52-week high of $31.77. The stock has a 50-day moving average of $27.35 and a 200-day moving average of $27.31. The company has a market cap of $807.6 million and a P/E ratio of 5.61.

William Lyon Homes (NYSE:WLH) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.38 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.38. The company had revenue of $179.80 million for the quarter, compared to the consensus estimate of $181.24 million. On average, analysts predict that William Lyon Homes will post $1.60 earnings per share for the current fiscal year.

William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada.

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