Legacy Housing (LEGH) Expected to Announce Quarterly 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 expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce 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 results on Monday, May 12th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.16). The company had revenue of $35.70 million for the quarter, compared to the consensus estimate 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 LEGH traded up $0.34 during trading hours on Monday, hitting $23.09. 13,110 shares of the company were exchanged, compared to its average volume of 81,703. The company has a market cap of $556.79 million, a PE ratio of 10.05 and a beta of 0.86. The firm's 50 day moving average is $22.59 and its 200-day moving average is $24.19. Legacy Housing has a 52 week low of $21.58 and a 52 week high of $29.25.

Wall Street Analyst Weigh In

LEGH has been the subject of several recent analyst reports. Wall Street Zen upgraded Legacy Housing from a "sell" rating to a "hold" rating in a research note on Monday, June 30th. B. Riley initiated coverage on Legacy Housing in a research report on Friday, May 16th. They set a "neutral" rating and a $26.00 price objective for the company.

Hedge Funds Weigh In On Legacy Housing

Large investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its position in shares of Legacy Housing by 21.9% during the 1st quarter. Royal Bank of Canada now owns 105,440 shares of the company's stock worth $2,659,000 after purchasing an additional 18,920 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Legacy Housing by 4.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 54,434 shares of the company's stock valued at $1,373,000 after acquiring an additional 2,214 shares in the last quarter. Jane Street Group LLC acquired a new position in Legacy Housing in the 1st quarter valued at approximately $570,000. Finally, Strs Ohio acquired a new position in Legacy Housing in the 1st quarter valued at approximately $124,000. Institutional investors and hedge funds own 89.35% of the company's stock.

About Legacy Housing

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.