Legacy Housing (LEGH) Stock Price, News & Analysis $22.81 +0.08 (+0.35%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$22.51▼$22.8850-Day Range$18.03▼$23.2952-Week Range$17.50▼$25.30Volume19,063 shsAverage Volume35,852 shsMarket Capitalization$556.34 millionP/E Ratio8.42Dividend YieldN/APrice Target$26.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Legacy Housing MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside16.2% Upside$26.50 Price TargetShort InterestBearish4.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.19Based on 4 Articles This WeekInsider TradingSelling Shares$3.75 M Sold Last QuarterProj. Earnings Growth9.65%From $2.59 to $2.84 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.2.15 out of 5 starsFinance Sector387th out of 797 stocksMobile Homes Industry2nd out of 3 stocks 2.5 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 $26.50, Legacy Housing has a forecasted upside of 16.2% from its current price of $22.81.Amount of Analyst CoverageLegacy Housing has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.85% 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 12, which indicates bearish sentiment.Change versus previous monthShort interest in Legacy Housing has recently decreased by 2.40%, indicating that investor sentiment is improving. 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 1.6 News and Social Media Coverage News SentimentLegacy Housing has a news sentiment score of -0.19. 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 0.62 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.MarketBeat Follows5 people have added Legacy Housing to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Legacy Housing insiders have sold 6,597.12% more of their company's stock than they have bought. Specifically, they have bought $55,980.00 in company stock and sold $3,749,045.00 in company stock.Percentage Held by Insiders32.20% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Legacy Housing are expected to grow by 9.65% in the coming year, from $2.59 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legacy Housing is 8.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Legacy Housing is 8.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 33.57.Price to Book Value per Share RatioLegacy Housing has a P/B Ratio of 1.46. 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 Stock (NASDAQ:LEGH)Legacy 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LEGH Stock News HeadlinesDecember 9, 2023 | finance.yahoo.comLegacy Housing (NASDAQ:LEGH) shareholders have earned a 14% CAGR over the last five yearsDecember 6, 2023 | finance.yahoo.comWall Street Analysts See a 25.69% Upside in Legacy Housing (LEGH): Can the Stock Really Move This High?December 10, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 20, 2023 | finance.yahoo.comWall Street Analysts Think Legacy Housing (LEGH) Could Surge 27.38%: Read This Before Placing a BetNovember 15, 2023 | seekingalpha.comLegacy Housing: Attractive Positioning In Turbulent Housing MarketNovember 15, 2023 | finance.yahoo.comEarnings Estimates Rising for Legacy Housing (LEGH): Will It Gain?November 14, 2023 | morningstar.comLegacy Housing Corp LEGHNovember 11, 2023 | finance.yahoo.comLegacy Housing Corporation (NASDAQ:LEGH) Q3 2023 Earnings Call TranscriptDecember 10, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 11, 2023 | finance.yahoo.comQ3 2023 Legacy Housing Corp Earnings CallNovember 9, 2023 | finance.yahoo.comLegacy Housing Corporation Reports Third Quarter 2023 Financial ResultsNovember 2, 2023 | finance.yahoo.comLegacy Housing (LEGH) Reports Next Week: What You Should ExpectNovember 1, 2023 | benzinga.comLegacy Housing Board Member Trades $310K In Company StockOctober 25, 2023 | benzinga.comDirector of Legacy Housing Makes $144K SaleOctober 24, 2023 | finance.yahoo.comLegacy Housing Corporation Announces Timing of Third Quarter 2023 Earnings Release and Conference CallOctober 15, 2023 | markets.businessinsider.comLegacy Housing Corporation Registered ShsOctober 12, 2023 | benzinga.comLegacy Housing 10% Owner Trades Company's StockOctober 2, 2023 | msn.comWhat’s next for Legacy Village, now for saleSeptember 28, 2023 | benzinga.comExecutive Vice President of Legacy Housing Makes $69K SaleSeptember 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 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 BrakesAugust 25, 2023 | benzinga.com10% Owner At This Consumer Discretionary Company Sells $239K of StockAugust 25, 2023 | benzinga.comBoard Member of Legacy Housing Makes $217K SaleSee 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 Company Calendar Last Earnings11/09/2023Today12/10/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/20/2024Get 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 Target$26.50 High Stock Price Target$30.00 Low Stock Price Target$23.00 Potential Upside/Downside+16.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.71 Trailing P/E Ratio8.42 Forward P/E Ratio8.81 P/E GrowthN/ANet Income$67.77 million Net Margins29.04% Pretax Margin35.12% Return on Equity16.53% Return on Assets14.48% Debt Debt-to-Equity Ratio0.03 Current Ratio2.16 Quick Ratio1.36 Sales & Book Value Annual Sales$257.02 million Price / Sales2.16 Cash Flow$2.81 per share Price / Cash Flow8.11 Book Value$15.66 per share Price / Book1.46Miscellaneous Outstanding Shares24,390,000Free Float16,538,000Market Cap$556.34 million OptionableNot Optionable Beta0.97 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Curtis Drew Hodgson (Age 68)Co-Founder & Executive Chairman of the Board Comp: $200kMr. Robert Duncan Bates (Age 35)President & CEO Comp: $361.6kMr. Kenneth E. Shipley (Age 64)Founder, Executive VP & Director Comp: $50kMr. Jeffrey V. Burt (Age 61)Chief Accounting Officer Comp: $266.92kMr. Jeffrey M. Fiedelman (Age 54)Chief Financial Officer Mr. Mick BarkerChief Operating Officer and Fort Worth General ManagerMary SaenzDirector of HR & Regulatory ComplianceMr. Max M. Africk (Age 33)Corporate Secretary & General Counsel Mr. Ed SpaethSales ManagerMr. Larry G. Badgley (Age 67)Director of Corporate Development Comp: $150kMore ExecutivesKey CompetitorsHeritage CommerceNASDAQ:HTBKMetroCity BanksharesNASDAQ:MCBSJohn Hancock Financial Opportunities FundNYSE:BTOInvesco Value Municipal Income TrustNYSE:IIMForge GlobalNYSE:FRGEView All CompetitorsInsiders & InstitutionsCurtis Drew HodgsonSold 4,561 sharesTotal: $104,538.12 ($22.92/share)Curtis Drew HodgsonSold 8,061 sharesTotal: $185,322.39 ($22.99/share)American Century Companies Inc.Bought 25,775 shares on 11/30/2023Ownership: 0.527%Curtis Drew HodgsonSold 3,568 sharesTotal: $80,672.48 ($22.61/share)Deutsche Bank AGBought 940 shares on 11/24/2023Ownership: 0.021%View All Insider TransactionsView All Institutional Transactions LEGH Stock Analysis - Frequently Asked Questions Should I buy or sell Legacy Housing stock right now? 1 Wall Street equities research 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 equities research analysts is that investors should "buy" LEGH shares. View LEGH analyst ratings or view top-rated stocks. What is Legacy Housing's stock price target for 2024? 1 Wall Street analysts have issued 12 month price objectives for Legacy Housing's stock. Their LEGH share price targets range from $23.00 to $30.00. On average, they anticipate the company's share price to reach $26.50 in the next year. This suggests a possible upside of 16.2% 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 on January 1st, 2023. Since then, LEGH stock has increased by 20.3% and is now trading at $22.81. View the best growth stocks for 2023 here. When is Legacy Housing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our LEGH earnings forecast. How were Legacy Housing's earnings last quarter? Legacy Housing Co. (NASDAQ:LEGH) posted its quarterly earnings data on Thursday, November, 9th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.06. The business earned $49.94 million during the quarter, compared to the consensus estimate of $51.25 million. Legacy Housing had a net margin of 29.04% and a trailing twelve-month return on equity of 16.53%. 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 (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. Who are Legacy Housing's major shareholders? Legacy Housing's stock is owned by a variety of retail and institutional investors. Top institutional investors include Voss Capital LLC (3.20%), Punch & Associates Investment Management Inc. (2.51%), Ameriprise Financial Inc. (1.54%), AWH Capital L.P. (0.92%), Yacktman Asset Management LP (0.64%) and Meixler Investment Management Ltd. (0.53%). 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. This page (NASDAQ:LEGH) was last updated on 12/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Legacy Housing Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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