Legacy Housing (LEGH) Expected to Announce Earnings on Thursday

Key Points

• Legacy Housing (LEGH) is set to release its Q2 2025 earnings on Thursday, August 7th, with projected earnings of $0.55 per share and revenue of $43.53 million.
• The company has recently seen a 1.5% decline in shares, opening at $22.38, with a 12-month trading range between $21.58 and $29.31.
• Several analyst upgrades include a change from "sell" to "hold" by Wall Street Zen, and B. Riley initiating coverage with a $26.00 price target.

Legacy Housing (NASDAQ:LEGH - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect Legacy Housing to post earnings of $0.55 per share and revenue of $43.53 million for the quarter.

Legacy Housing (NASDAQ:LEGH - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.16). The firm had revenue of $35.70 million during the quarter, compared to analysts' expectations of $44.13 million. Legacy Housing had a return on equity of 11.71% and a net margin of 32.15%.

Legacy Housing Stock Performance

Shares of NASDAQ:LEGH traded up $0.37 during mid-day trading on Friday, hitting $22.75. 88,569 shares of the company traded hands, compared to its average volume of 58,648. Legacy Housing has a 52-week low of $21.58 and a 52-week high of $29.25. The firm's 50 day simple moving average is $22.59 and its 200 day simple moving average is $24.20. The firm has a market cap of $548.73 million, a P/E ratio of 9.93 and a beta of 0.86.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Wall Street Zen upgraded Legacy Housing from a "sell" rating to a "hold" rating in a research report on Monday, June 30th. B. Riley began coverage on Legacy Housing in a research report on Friday, May 16th. They issued a "neutral" rating and a $26.00 target price for the company.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LEGH. Strs Ohio acquired a new position in shares of Legacy Housing during the first quarter valued at approximately $124,000. Jane Street Group LLC acquired a new stake in shares of Legacy Housing in the first quarter valued at $570,000. Goldman Sachs Group Inc. lifted its holdings in shares of Legacy Housing by 4.2% in the first quarter. Goldman Sachs Group Inc. now owns 54,434 shares of the company's stock valued at $1,373,000 after buying an additional 2,214 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Legacy Housing by 21.9% in the first quarter. Royal Bank of Canada now owns 105,440 shares of the company's stock valued at $2,659,000 after buying an additional 18,920 shares during the period. Institutional investors and hedge funds own 89.35% of the company's stock.

Legacy Housing Company Profile

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.