NASDAQ:LEGH Legacy Housing (LEGH) Stock Forecast, Price & News $20.09 +0.99 (+5.18%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$19.17▼$20.4350-Day Range$19.04▼$23.0052-Week Range$11.96▼$23.33Volume50,315 shsAverage Volume46,599 shsMarket Capitalization$489.75 millionP/E Ratio7.33Dividend YieldN/APrice Target$28.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Legacy Housing MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside39.4% Upside$28.00 Price TargetShort InterestBearish2.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.25Based on 3 Articles This WeekInsider TradingSelling Shares$4.37 M Sold Last QuarterProj. Earnings Growth0.78%From $2.56 to $2.58 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.2.20 out of 5 starsFinance Sector585th out of 871 stocksMobile Homes Industry2nd out of 3 stocks 3.3 Analyst's Opinion Consensus RatingLegacy Housing has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.00, Legacy Housing has a forecasted upside of 39.4% from its current price of $20.09.Amount of Analyst CoverageLegacy Housing has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.37% 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 6.3.Change versus previous monthShort interest in Legacy Housing has recently increased by 1.71%, indicating that investor sentiment is decreasing. 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 1.5 News and Social Media Coverage News SentimentLegacy Housing has a news sentiment score of -0.25. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Legacy Housing this week, compared to 3 articles on an average week.Search Interest1 people have searched for LEGH on MarketBeat in the last 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 $4,365,919.00 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 21.57% 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 0.78% in the coming year, from $2.56 to $2.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legacy Housing is 7.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Legacy Housing is 7.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 160.34.Price to Book Value per Share RatioLegacy Housing has a P/B Ratio of 1.23. 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 Corp. engages in the selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing. The company was founded by Curtis Drew Hodgson and Kenny E. Shipley in May 2005 and is headquartered in Dallas, TX.Read More 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 Stock News HeadlinesJune 2, 2023 | markets.businessinsider.comAnalysts’ Top NA Picks: Legacy Housing (LEGH), Franklin BSP Realty Trust (FBRT)June 1, 2023 | americanbankingnews.comLegacy Housing Co. (NASDAQ:LEGH) EVP Sells $221,100.00 in StockJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 25, 2023 | benzinga.comBoard Member of Legacy Housing Makes $205K SaleMay 25, 2023 | americanbankingnews.comDouglas M. Shipley Sells 1,355 Shares of Legacy Housing Co. (NASDAQ:LEGH) StockMay 25, 2023 | americanbankingnews.comCurtis Drew Hodgson Sells 4,024 Shares of Legacy Housing Co. (NASDAQ:LEGH) StockMay 25, 2023 | americanbankingnews.comInsider Selling: Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $85,268.56 in StockMay 24, 2023 | americanbankingnews.comLegacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 1,648 Shares of StockJune 4, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 24, 2023 | americanbankingnews.comInsider Selling: Legacy Housing Co. (NASDAQ:LEGH) Major Shareholder Sells 3,997 Shares of StockMay 22, 2023 | americanbankingnews.comLegacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 10,000 SharesMay 20, 2023 | americanbankingnews.comFY2023 EPS Estimates for Legacy Housing Co. Reduced by Analyst (NASDAQ:LEGH)May 19, 2023 | americanbankingnews.comCurtis Drew Hodgson Sells 17,352 Shares of Legacy Housing Co. (NASDAQ:LEGH) StockMay 18, 2023 | msn.comLegacy Housing: Still Among The Best Despite Industry HeadwindsMay 17, 2023 | benzinga.comLegacy Housing Director Trades Company's StockMay 17, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Legacy Housing Co.'s Q2 2023 Earnings (NASDAQ:LEGH)May 16, 2023 | news.yahoo.comThe Real Housewives Of New York’s Legacy Show Has Been Turned Into An Ultimate Girls Trip Season, And Fans Have ThoughtsMay 11, 2023 | marketwatch.com10-Q: LEGACY HOUSING CORPMay 11, 2023 | msn.comEF Hutton Reiterates Legacy Housing (LEGH) Buy RecommendationMay 11, 2023 | finance.yahoo.comQ1 2023 Legacy Housing Corp Earnings CallMay 9, 2023 | finance.yahoo.comLegacy Housing Corporation Reports First Quarter 2023 Financial ResultsMay 8, 2023 | benzinga.comLegacy Housing's Earnings: A PreviewMay 8, 2023 | americanbankingnews.comLegacy Housing (LEGH) Scheduled to Post Quarterly Earnings on TuesdayMay 3, 2023 | americanbankingnews.comCurtis Drew Hodgson Sells 18,449 Shares of Legacy Housing Co. (NASDAQ:LEGH) StockMay 2, 2023 | finance.yahoo.comLegacy Housing Corporation Announces Timing of First Quarter 2023 Earnings Release and Conference CallApril 30, 2023 | americanbankingnews.comCurtis Drew Hodgson Sells 3,879 Shares of Legacy Housing Co. (NASDAQ:LEGH) StockApril 24, 2023 | americanbankingnews.comInsider Selling: Legacy Housing Co. (NASDAQ:LEGH) Major Shareholder Sells 3,521 Shares of StockSee More Headlines LEGH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LEGH Company Calendar Last Earnings3/15/2023Today6/04/2023Next Earnings (Estimated)9/22/2023Fiscal 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$28.00 High Stock Price Forecast$36.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+39.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.74 Trailing P/E Ratio7.33 Forward P/E Ratio7.85 P/E GrowthN/ANet Income$67.77 million Net Margins27.19% Pretax Margin32.89% Return on Equity18.25% Return on Assets15.78% Debt Debt-to-Equity RatioN/A Current Ratio2.31 Quick Ratio1.61 Sales & Book Value Annual Sales$249.94 million Price / Sales1.96 Cash Flow$2.81 per share Price / Cash Flow7.16 Book Value$16.32 per share Price / Book1.23Miscellaneous Outstanding Shares24,378,000Free Float15,626,000Market Cap$489.75 million OptionableNot Optionable Beta0.80 Key ExecutivesRobert Duncan BatesPresident & Chief Executive OfficerRonald C. ArringtonChief Financial OfficerKenneth E. ShipleyDirector & Executive Vice PresidentCharles E. MackChief Marketing OfficerJeffrey V. BurtChief Accounting OfficerKey CompetitorsGAMCO InvestorsNYSE:GAMIBlackRock MuniYield FundNYSE:MYDEZCORPNASDAQ:EZPWFidus InvestmentNASDAQ:FDUSHeritage CommerceNASDAQ:HTBKView All CompetitorsInsiders & InstitutionsKenneth E ShipleySold 11,000 sharesTotal: $221,100.00 ($20.10/share)Douglas M ShipleySold 3,997 sharesTotal: $84,976.22 ($21.26/share)Curtis Drew HodgsonSold 4,024 sharesTotal: $85,268.56 ($21.19/share)Ameriprise Financial Inc.Sold 30,698 shares on 5/22/2023Ownership: 1.629%Douglas M ShipleySold 1,355 sharesTotal: $28,753.10 ($21.22/share)View All Insider TransactionsView All Institutional Transactions LEGH Stock - Frequently Asked Questions Should I buy or sell Legacy Housing stock right now? 3 Wall Street equities 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 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 forecast for 2023? 3 Wall Street research analysts have issued 12-month price objectives for Legacy Housing's shares. Their LEGH share price forecasts range from $23.00 to $36.00. On average, they anticipate the company's stock price to reach $28.00 in the next year. This suggests a possible upside of 39.4% 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 2023. Since then, LEGH shares have increased by 6.0% and is now trading at $20.09. 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 Friday, September 22nd 2023. View our LEGH earnings forecast. How were Legacy Housing's earnings last quarter? Legacy Housing Co. (NASDAQ:LEGH) announced its quarterly earnings results on Wednesday, March, 15th. The company reported $0.82 earnings per share (EPS) for the quarter. The business earned $75.55 million during the quarter, compared to analyst estimates of $57.88 million. Legacy Housing had a trailing twelve-month return on equity of 18.25% and a net margin of 27.19%. 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 $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 many different 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. 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 $20.09. How much money does Legacy Housing make? Legacy Housing (NASDAQ:LEGH) has a market capitalization of $489.75 million and generates $249.94 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. 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 6/4/2023 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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