Legacy Housing (LEGH) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LEGH shares.
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3 brokers have issued 12 month target prices for Legacy Housing's shares. Their LEGH share price forecasts range from $23.00 to $36.00. On average, they expect the company's stock price to reach $28.00 in the next year. This suggests a possible upside of 35.4% from the stock's current price.
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Legacy Housing's stock was trading at $18.96 at the beginning of 2023. Since then, LEGH stock has increased by 9.1% and is now trading at $20.68.
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The company is scheduled to release its next quarterly earnings announcement on Friday, September 22nd 2023.
View our LEGH earnings forecast.

Legacy Housing Co. (NASDAQ:LEGH) released its quarterly earnings results on Wednesday, March, 15th. The company reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $75.55 million for the quarter, compared to analyst estimates of $57.88 million. Legacy Housing had a net margin of 27.19% and a trailing twelve-month return on equity of 18.25%.

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.

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).

(LEGH) raised $41 million in an initial public offering (IPO) 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.

Legacy Housing trades on the NASDAQ under the ticker symbol "LEGH."

Legacy Housing's stock is owned by a number of institutional and retail investors. Top institutional investors include Voss Capital LLC (2.82%), GW&K Investment Management LLC (2.02%), Punch & Associates Investment Management Inc. (1.96%), BlackRock Inc. (1.80%), Ameriprise Financial Inc. (1.63%) and Dimensional Fund Advisors LP (1.07%). 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.
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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.
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One share of LEGH stock can currently be purchased for approximately $20.68.

Legacy Housing (NASDAQ:LEGH) has a market capitalization of $504.18 million and generates $257.02 million in revenue each year. The company earns $67.77 million in net income (profit) each year or $2.74 on an earnings per share basis.

The company employs 870 workers across the globe.

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.