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DOW   33,963.84
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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
BREAKING: Tiny biotech successfully treats blindness (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
BREAKING: Tiny biotech successfully treats blindness (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
BREAKING: Tiny biotech successfully treats blindness (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:LEGH

Legacy Housing (LEGH) Stock Forecast, Price & News

$20.30
+0.05 (+0.25%)
(As of 09/22/2023 ET)
Compare
Today's Range
$20.03
$20.50
50-Day Range
$20.25
$24.97
52-Week Range
$16.10
$25.30
Volume
29,719 shs
Average Volume
53,646 shs
Market Capitalization
$495.16 million
P/E Ratio
7.66
Dividend Yield
N/A
Price Target
$29.67

Legacy Housing MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.1% Upside
$29.67 Price Target
Short Interest
Bearish
5.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.67mentions of Legacy Housing in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$7.58 M Sold Last Quarter
Proj. Earnings Growth
5.26%
From $2.47 to $2.60 Per Share

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 stars

Finance Sector

578th out of 843 stocks

Mobile Homes Industry

2nd out of 3 stocks


LEGH stock logo

About Legacy Housing (NASDAQ:LEGH) Stock

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.

LEGH Price History

LEGH Stock News Headlines

10% Owner of Legacy Housing Makes $366K Sale
Fraud Expert: Dump these three popular stocks
A 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.
Legacy Housing (NASDAQ:LEGH) Shares Gap Up to $21.06
Legacy Housing Names Jeff Fiedelman CFO
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I 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.
Board Member of Legacy Housing Makes $217K Sale
Where Legacy Housing Stands With Analysts
Q2 2023 Legacy Housing Corp Earnings Call
Legacy Housing's Earnings Outlook
Legacy Housing (NASDAQ: LEGH)
See More Headlines
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LEGH Company Calendar

Last Earnings
8/09/2023
Today
9/24/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mobile homes
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LEGH
Fax
N/A
Employees
870
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$67.77 million
Pretax Margin
33.24%

Debt

Sales & Book Value

Annual Sales
$257.02 million
Cash Flow
$2.80 per share
Book Value
$15.66 per share

Miscellaneous

Free Float
15,635,000
Market Cap
$495.12 million
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Curtis Drew HodgsonMr. Curtis Drew Hodgson (Age 68)
    Co-Founder & Exec. Chairman
    Comp: $200k
  • Mr. Robert Duncan Bates (Age 35)
    Pres & CEO
    Comp: $335.6k
  • Mr. Kenneth E. ShipleyMr. Kenneth E. Shipley (Age 64)
    Founder, Exec. VP & Director
    Comp: $50k
  • Mr. Ronald C. Arrington (Age 61)
    Chief Financial Officer
    Comp: $198.08k
  • Mr. Jeffrey V. Burt (Age 61)
    Chief Accounting Officer
    Comp: $266.92k
  • Mr. Mick Barker
    Chief Operating Officer and Fort Worth Gen. Mang.
  • Mary Saenz
    Director of HR & Regulatory Compliance
  • Mr. Max M. Africk (Age 33)
    Corp. Sec. & Gen. Counsel
  • Mr. Ed Spaeth
    Sales Mang.
  • Mr. Larry G. Badgley (Age 67)
    Director of Corp. Devel.













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

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