NASDAQ:LEGHLegacy Housing Stock Price, Forecast & News

Legacy Housing's stock was trading at $11.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LEGH shares have increased by 6.9% and is now trading at $12.45. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Legacy Housing.

Legacy Housing is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Legacy Housing.

Legacy Housing Corp (NASDAQ:LEGH) released its earnings results on Friday, May, 15th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.10. The company had revenue of $38.27 million for the quarter, compared to the consensus estimate of $38.01 million. Legacy Housing had a return on equity of 13.97% and a net margin of 18.11%. View Legacy Housing's earnings history.

3 Wall Street analysts have issued 12-month price objectives for Legacy Housing's stock. Their forecasts range from $13.00 to $14.00. On average, they expect Legacy Housing's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View analysts' price targets for Legacy Housing.

News articles about LEGH stock have been trending negative this week, InfoTrie reports. The research firm ranks the sentiment of news 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 closest to five being the most favorable. Legacy Housing earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news about Legacy Housing.

Legacy Housing saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 105,900 shares, a decline of 10.5% from the June 15th total of 118,300 shares. Based on an average trading volume of 32,600 shares, the short-interest ratio is currently 3.2 days. Approximately 1.8% 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 Capital & Counties Properties PLC (CAPC), Liberty All-Star Equity Fund (USA), Victory Capital (VCTR), Banner (BANR), BancFirst (BANF), Northwest Bancshares (NWBI), Alexander's (ALX), Retail Opportunity Investments (ROIC), PJT Partners (PJT), Axos Financial (AX), NBT Bancorp (NBTB), Getty Realty (GTY), Office Properties Income Trust (OPI), Macerich (MAC) and Pacific Premier Bancorp (PPBI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include Carnival (CCL), Dominion Energy (D), AT&T (T), Verizon Communications (VZ), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Franklin Resources (BEN), Canadian Natural Resources (CNQ), Walt Disney (DIS) and DexCom (DXCM).

(LEGH) raised $41 million in an initial public offering 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 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 investors include Patriot Financial Group Insurance Agency LLC (0.01%). 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 purchased by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC. View insider buying and selling activity 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 $12.45.

Legacy Housing has a market capitalization of $308.31 million and generates $168.96 million in revenue each year. The company earns $28.84 million in net income (profit) each year or $1.18 on an earnings per share basis. Legacy Housing employs 800 workers across the globe.

The official website for Legacy Housing is 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]