NASDAQ:LEGH - Legacy Housing Stock Price, Forecast & News

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

Legacy Housing Corp (NASDAQ:LEGH) posted its quarterly earnings results on Friday, November, 15th. The company reported $0.25 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.08. The company had revenue of $41.94 million for the quarter, compared to the consensus estimate of $44.22 million. Legacy Housing had a net margin of 15.45% and a return on equity of 12.12%. View Legacy Housing's Earnings History.

Legacy Housing is scheduled to release their next quarterly earnings announcement on Monday, April 13th 2020. View Earnings Estimates for Legacy Housing.

3 analysts have issued twelve-month price targets for Legacy Housing's stock. Their forecasts range from $18.00 to $18.00. On average, they expect Legacy Housing's stock price to reach $18.00 in the next year. This suggests a possible upside of 23.8% from the stock's current price. View Analyst Price Targets for Legacy Housing.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Legacy Housing.

Media coverage about LEGH stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Legacy Housing earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Legacy Housing.

Legacy Housing saw a decline in short interest during the month of February. As of February 14th, there was short interest totalling 187,900 shares, a decline of 41.8% from the January 30th total of 322,800 shares. Based on an average daily volume of 31,900 shares, the short-interest ratio is currently 5.9 days. Currently, 3.6% of the shares of the stock are short sold. View Legacy Housing's Current Options Chain.

Some companies that are related to Legacy Housing include Meta Financial Group (CASH), Palomar (PLMR), Independence Realty Trust (IRT), James River Group (JRVR), American Finance Trust (AFIN), Royce Value Trust (RVT), SCHRODERS/PAR NVTG FPD 1 (SDRC), Seritage Growth Properties (SRG), First Busey (BUSE), Fanhua (FANH), Berkshire Hills Bancorp (BHLB), FBL Financial Group (FFG), Realogy (RLGY), Seacoast Banking Co. of Florida (SBCF) and Getty Realty (GTY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include Stitch Fix (SFIX), Dominion Energy (D), AT&T (T), Sonos (SONO), SVMK (SVMK), Zscaler (ZS), Chewy (CHWY), Cloudera (CLDR), Eventbrite (EB) and Medallia (MDLA).

(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 acted as the underwriters for the IPO.

Legacy Housing's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (2.08%), Russell Investments Group Ltd. (1.69%), Voss Capital LLC (1.24%), GW&K Investment Management LLC (1.21%), Royce & Associates LP (1.17%) and American Financial Group Inc. (0.76%). Company insiders that own Legacy Housing stock include Curtis Drew Hodgson, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, Mark E Bennett, Neal J Suit and William G Shipley. View Institutional Ownership Trends for Legacy Housing.

LEGH stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., American Financial Group Inc., Boston Partners, GW&K Investment Management LLC, EAM Investors LLC, Gabelli Funds LLC, Victory Capital Management Inc. and Royce & Associates LP. Company insiders that have sold Legacy Housing company stock in the last year include Curtis Drew Hodgson, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, Neal J Suit and William G Shipley. View Insider Buying and Selling for Legacy Housing.

LEGH stock was purchased by a variety of institutional investors in the last quarter, including Voss Capital LLC, FMR LLC, Bank of New York Mellon Corp, Geode Capital Management LLC, State Street Corp, Strs Ohio, Barclays PLC and UBS Group AG. View Insider Buying and Selling for Legacy Housing.

Shares of LEGH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LEGH stock can currently be purchased for approximately $14.54.

Legacy Housing has a market capitalization of $359.47 million and generates $161.88 million in revenue each year. The company earns $21.51 million in net income (profit) each year or $1.07 on an earnings per share basis. Legacy Housing employs 800 workers across the globe.View Additional Information About Legacy Housing.

The official website for Legacy Housing is http://www.legacyhousingcorp.com/.

Legacy Housing's mailing address is 1600 AIRPORT FREEWAY #100, BEDFORD TX, 76022. The company can be reached via phone at 817-799-4900 or via email at [email protected]