Q2 Earnings Forecast for Legacy Housing Issued By B. Riley

Legacy Housing Co. (NASDAQ:LEGH - Free Report) - Equities researchers at B. Riley issued their Q2 2025 earnings per share estimates for Legacy Housing in a research report issued on Thursday, May 15th. B. Riley analyst R. Seth forecasts that the company will earn $0.55 per share for the quarter. B. Riley has a "Hold" rating on the stock. B. Riley also issued estimates for Legacy Housing's Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.79 EPS and FY2026 earnings at $2.60 EPS.

Separately, Wall Street Zen cut shares of Legacy Housing from a "buy" rating to a "sell" rating in a report on Thursday.

Legacy Housing Trading Up 0.4%

LEGH stock traded up $0.08 during midday trading on Monday, reaching $22.48. 69,648 shares of the company's stock traded hands, compared to its average volume of 68,298. Legacy Housing has a 52-week low of $21.67 and a 52-week high of $29.31. The stock has a market cap of $542.17 million, a P/E ratio of 10.36 and a beta of 0.98. The stock's 50-day moving average is $24.40 and its 200 day moving average is $25.10.

Legacy Housing (NASDAQ:LEGH - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.16). Legacy Housing had a net margin of 33.11% and a return on equity of 11.85%. The business had revenue of $35.70 million for the quarter, compared to analysts' expectations of $44.13 million.

Institutional Trading of Legacy Housing

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in Legacy Housing by 11.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company's stock worth $148,000 after acquiring an additional 543 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Legacy Housing by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 713,928 shares of the company's stock worth $17,619,000 after purchasing an additional 48,268 shares in the last quarter. Voss Capital LP increased its stake in shares of Legacy Housing by 8.7% in the fourth quarter. Voss Capital LP now owns 928,599 shares of the company's stock worth $22,918,000 after purchasing an additional 74,087 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Legacy Housing in the fourth quarter worth $341,000. Finally, Boston Partners increased its stake in Legacy Housing by 37.9% in the 4th quarter. Boston Partners now owns 18,049 shares of the company's stock worth $445,000 after buying an additional 4,964 shares in the last quarter. Hedge funds and other institutional investors 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.