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 Wall Street research analysts have issued 12 month target prices for Legacy Housing's stock. Their LEGH share price forecasts range from $19.00 to $36.00. On average, they anticipate the company's stock price to reach $26.67 in the next twelve months. This suggests a possible upside of 47.0% from the stock's current price.
View analysts price targets for LEGH or view top-rated stocks among Wall Street analysts.

Legacy Housing's stock was trading at $26.47 on January 1st, 2022. Since then, LEGH stock has decreased by 31.5% and is now trading at $18.14.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our LEGH earnings forecast.

Legacy Housing Co. (NASDAQ:LEGH) released its quarterly earnings results on Tuesday, November, 9th. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.18. The company had revenue of $56.47 million for the quarter, compared to the consensus estimate of $47.33 million. Legacy Housing had a trailing twelve-month return on equity of 19.29% and a net margin of 25.78%.

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

Legacy Housing's stock is owned by many different institutional and retail investors. Top institutional shareholders include Royce & Associates LP (1.74%), Yacktman Asset Management LP (1.18%), Voss Capital LLC (0.98%), Truist Financial Corp (0.88%), Bard Associates Inc. (0.79%) and Timelo Investment Management Inc. (0.63%). Insiders that own company stock include Curtis Drew Hodgson, David Taylor Lauber, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, 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 $18.14.

Legacy Housing (NASDAQ:LEGH) has a market capitalization of $442.72 million and generates $197.51 million in revenue each year.

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.