NASDAQ:LEGH Legacy Housing (LEGH) Stock Forecast, Price & News $20.30 +0.05 (+0.25%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$20.03▼$20.5050-Day Range$20.25▼$24.9752-Week Range$16.10▼$25.30Volume29,719 shsAverage Volume53,646 shsMarket Capitalization$495.16 millionP/E Ratio7.66Dividend YieldN/APrice Target$29.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Legacy Housing MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside46.1% Upside$29.67 Price TargetShort InterestBearish5.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.67Based on 4 Articles This WeekInsider TradingSelling Shares$7.58 M Sold Last QuarterProj. Earnings Growth5.26%From $2.47 to $2.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsFinance Sector578th out of 843 stocksMobile Homes Industry2nd out of 3 stocks 3.5 Analyst's Opinion Consensus RatingLegacy Housing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.67, Legacy Housing has a forecasted upside of 46.1% from its current price of $20.30.Amount of Analyst CoverageLegacy Housing has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.29% of the float of Legacy Housing has been sold short.Short Interest Ratio / Days to CoverLegacy Housing has a short interest ratio ("days to cover") of 9.9.Change versus previous monthShort interest in Legacy Housing has recently increased by 51.96%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLegacy Housing does not currently pay a dividend.Dividend GrowthLegacy Housing does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LEGH. Previous Next 1.3 News and Social Media Coverage News SentimentLegacy Housing has a news sentiment score of -0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Legacy Housing this week, compared to 2 articles on an average week.Search Interest3 people have searched for LEGH on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Legacy Housing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,575,400.00 in company stock.Percentage Held by Insiders35.90% of the stock of Legacy Housing is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 27.14% of the stock of Legacy Housing is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Legacy Housing are expected to grow by 5.26% in the coming year, from $2.47 to $2.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legacy Housing is 7.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Legacy Housing is 7.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.21.Price to Book Value per Share RatioLegacy Housing has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Legacy Housing (NASDAQ:LEGH) StockLegacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. It also offers floor plan financing for independent retailers; consumer financing for its products; financing to manufactured housing community owners that buy its products for use in their rental housing communities; and a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. In addition, it involved in financing and developing new manufactured home communities. The company markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.Read More LEGH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LEGH Stock News HeadlinesSeptember 21, 2023 | benzinga.comBoard Member At This Consumer Discretionary Company Sells $365K of StockSeptember 21, 2023 | benzinga.com10% Owner of Legacy Housing Makes $366K SaleSeptember 24, 2023 | Altimetry (Ad)Fraud Expert: Dump these three popular stocksA major (and legal) market manipulation scheme is about to play out. It could cost you a fortune – or double your money. You choose. Find out what he knows, here.September 17, 2023 | americanbankingnews.comLegacy Housing (NASDAQ:LEGH) Shares Gap Up to $21.06September 14, 2023 | finance.yahoo.comInsider Sell: Chairman Curtis Hodgson Sells 17,400 Shares of Legacy Housing CorpSeptember 12, 2023 | marketwatch.comLegacy Housing Names Jeff Fiedelman CFOSeptember 12, 2023 | finance.yahoo.comLegacy Housing Corporation Names Jeff Fiedelman as Chief Financial OfficerSeptember 1, 2023 | finance.yahoo.comReturns On Capital At Legacy Housing (NASDAQ:LEGH) Have Hit The BrakesSeptember 24, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.August 25, 2023 | benzinga.com10% Owner At This Consumer Discretionary Company Sells $239K of StockAugust 25, 2023 | benzinga.comBoard Member of Legacy Housing Makes $217K SaleAugust 23, 2023 | msn.comLegacy Housing rated new Outperform at Wedbush on consistent profitabilityAugust 23, 2023 | markets.businessinsider.comWhere Legacy Housing Stands With AnalystsAugust 23, 2023 | msn.comWedbush Initiates Coverage of Legacy Housing (LEGH) with Outperform RecommendationAugust 22, 2023 | seekingalpha.comLegacy Housing Corporation: Worrisome Trends And Lacking CatalystsAugust 18, 2023 | finance.yahoo.comHere's Why We Think Legacy Housing (NASDAQ:LEGH) Is Well Worth WatchingAugust 11, 2023 | finance.yahoo.comQ2 2023 Legacy Housing Corp Earnings CallAugust 9, 2023 | finance.yahoo.comLegacy Housing Corporation Reports Second Quarter 2023 Financial ResultsAugust 9, 2023 | finance.yahoo.comLegacy Housing (LEGH) Lags Q2 Earnings and Revenue EstimatesAugust 8, 2023 | benzinga.comLegacy Housing's Earnings OutlookAugust 4, 2023 | finance.yahoo.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About Legacy Housing Corporation (NASDAQ:LEGH)?July 28, 2023 | benzinga.comExecutive Vice President At This Consumer Discretionary Company Sells $408K of StockJuly 28, 2023 | finance.yahoo.comExecutive Vice President Kenneth Shipley Sells 17,400 Shares of Legacy Housing Corp (LEGH)July 25, 2023 | finance.yahoo.comLegacy Housing Corporation Announces Timing of Second Quarter 2023 Earnings Release and Conference CallJuly 23, 2023 | fool.comLegacy Housing (NASDAQ: LEGH)July 21, 2023 | finance.yahoo.comWhile insiders own 33% of Legacy Housing Corporation (NASDAQ:LEGH), retail investors are its largest shareholders with 36% ownershipJuly 20, 2023 | benzinga.comLegacy Housing Board Member Trades $414K In Company StockSee More Headlines Receive LEGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Legacy Housing and its competitors with MarketBeat's FREE daily newsletter. Email Address LEGH Company Calendar Last Earnings8/09/2023Today9/24/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Mobile homes Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LEGH CUSIPN/A CIK1436208 Webwww.legacyhousingcorp.com Phone(117) 799-4900FaxN/AEmployees870Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.67 High Stock Price Forecast$36.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+46.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.65 Trailing P/E Ratio7.66 Forward P/E Ratio8.22 P/E GrowthN/ANet Income$67.77 million Net Margins27.57% Pretax Margin33.24% Return on Equity16.90% Return on Assets14.80% Debt Debt-to-Equity RatioN/A Current Ratio2.15 Quick Ratio1.37 Sales & Book Value Annual Sales$257.02 million Price / Sales1.93 Cash Flow$2.80 per share Price / Cash Flow7.24 Book Value$15.66 per share Price / Book1.30Miscellaneous Outstanding Shares24,390,000Free Float15,635,000Market Cap$495.12 million OptionableNot Optionable Beta0.86 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Curtis Drew Hodgson (Age 68)Co-Founder & Exec. Chairman Comp: $200kMr. Robert Duncan Bates (Age 35)Pres & CEO Comp: $335.6kMr. Kenneth E. Shipley (Age 64)Founder, Exec. VP & Director Comp: $50kMr. Ronald C. Arrington (Age 61)Chief Financial Officer Comp: $198.08kMr. Jeffrey V. Burt (Age 61)Chief Accounting Officer Comp: $266.92kMr. Mick BarkerChief Operating Officer and Fort Worth Gen. Mang.Mary SaenzDirector of HR & Regulatory ComplianceMr. Max M. Africk (Age 33)Corp. Sec. & Gen. Counsel Mr. Ed SpaethSales Mang.Mr. Larry G. Badgley (Age 67)Director of Corp. Devel. More ExecutivesKey CompetitorsHanmi FinancialNASDAQ:HAFCUnivest FinancialNASDAQ:UVSPDonegal GroupNASDAQ:DGICACrossFirst BanksharesNASDAQ:CFBThe India FundNYSE:IFNView All CompetitorsInsiders & InstitutionsBarclays PLCSold 515 shares on 9/21/2023Ownership: 0.016%William G ShipleySold 16,837 sharesTotal: $354,418.85 ($21.05/share)Curtis Drew HodgsonSold 16,806 sharesTotal: $353,598.24 ($21.04/share)Douglas M ShipleySold 15,598 sharesTotal: $322,410.66 ($20.67/share)Curtis Drew HodgsonSold 14,945 sharesTotal: $309,361.50 ($20.70/share)View All Insider TransactionsView All Institutional Transactions LEGH Stock - Frequently Asked Questions Should I buy or sell Legacy Housing stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LEGH shares. View LEGH analyst ratings or view top-rated stocks. What is Legacy Housing's stock price forecast for 2023? 1 analysts have issued 1-year price targets for Legacy Housing's stock. Their LEGH share price forecasts range from $23.00 to $36.00. On average, they anticipate the company's stock price to reach $29.67 in the next twelve months. This suggests a possible upside of 46.1% from the stock's current price. View analysts price targets for LEGH or view top-rated stocks among Wall Street analysts. How have LEGH shares performed in 2023? Legacy Housing's stock was trading at $18.96 at the beginning of the year. Since then, LEGH stock has increased by 7.1% and is now trading at $20.30. View the best growth stocks for 2023 here. Are investors shorting Legacy Housing? Legacy Housing saw a increase in short interest in August. As of August 31st, there was short interest totaling 504,500 shares, an increase of 52.0% from the August 15th total of 332,000 shares. Based on an average daily trading volume, of 50,900 shares, the days-to-cover ratio is presently 9.9 days. Approximately 5.3% of the shares of the stock are sold short. View Legacy Housing's Short Interest. When is Legacy Housing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our LEGH earnings forecast. How were Legacy Housing's earnings last quarter? Legacy Housing Co. (NASDAQ:LEGH) released its earnings results on Wednesday, August, 9th. The company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.04. The business earned $52.64 million during the quarter, compared to the consensus estimate of $56.24 million. Legacy Housing had a net margin of 27.57% and a trailing twelve-month return on equity of 16.90%. What is Curt Hodgson and Kenny Shipley's approval rating as Legacy Housing's CEO? 32 employees have rated Legacy Housing Chief Executive Officer Curt Hodgson and Kenny Shipley on Glassdoor.com. Curt Hodgson and Kenny Shipley has an approval rating of 79% among the company's employees. What other stocks do shareholders of Legacy Housing own? Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include Walt Disney (DIS), Block (SQ), AT&T (T), Verizon Communications (VZ), Home Depot (HD), Visa (V), AbbVie (ABBV), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ) and Netflix (NFLX). When did Legacy Housing IPO? (LEGH) raised $41 million in an initial public offering on Friday, December 14th 2018. The company issued 3,500,000 shares at a price of $10.75-$12.75 per share. B. Riley FBR and Oak Ridge Financial served as the underwriters for the IPO. What is Legacy Housing's stock symbol? Legacy Housing trades on the NASDAQ under the ticker symbol "LEGH." Who are Legacy Housing's major shareholders? Legacy Housing's stock is owned by a number of institutional and retail investors. Top institutional investors include Voss Capital LLC (3.05%), BlackRock Inc. (1.95%), Royce & Associates LP (1.76%), Dimensional Fund Advisors LP (1.27%), Geode Capital Management LLC (0.79%) and State Street Corp (0.68%). Insiders that own company stock include Curtis Drew Hodgson, David Taylor Lauber, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, Robert Duncan Bates, William G Shipley and William G Shipley. View institutional ownership trends. How do I buy shares of Legacy Housing? Shares of LEGH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Legacy Housing's stock price today? One share of LEGH stock can currently be purchased for approximately $20.30. How much money does Legacy Housing make? Legacy Housing (NASDAQ:LEGH) has a market capitalization of $495.12 million and generates $257.02 million in revenue each year. The company earns $67.77 million in net income (profit) each year or $2.65 on an earnings per share basis. How many employees does Legacy Housing have? The company employs 870 workers across the globe. How can I contact Legacy Housing? Legacy Housing's mailing address is 1600 AIRPORT FREEWAY #100, BEDFORD TX, 76022. The official website for the company is www.legacyhousingcorp.com. The company can be reached via phone at (117) 799-4900 or via email at investors@legacyhousingcorp.com. This page (NASDAQ:LEGH) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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