Legacy Housing Stock Price, News & Analysis (NASDAQ:LEGH)

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

Legacy Housing Corp (NASDAQ:LEGH) posted its quarterly earnings data on Tuesday, August, 13th. The company reported $0.35 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.04. The company had revenue of $45.76 million for the quarter, compared to analysts' expectations of $42.84 million. View Legacy Housing's Earnings History.

Legacy Housing is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Legacy Housing.

3 Wall Street analysts have issued twelve-month target prices for Legacy Housing's shares. Their predictions range from $14.00 to $14.00. On average, they expect Legacy Housing's stock price to reach $14.00 in the next year. This suggests that the stock has a possible downside of 10.0%. 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.

News stories about LEGH stock have trended somewhat negative on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Legacy Housing earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Legacy Housing.

Legacy Housing saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 296,400 shares, a decrease of 11.6% from the July 15th total of 335,300 shares. Based on an average daily volume of 43,100 shares, the short-interest ratio is currently 6.9 days. Currently, 7.9% of the company's stock are sold short. View Legacy Housing's Current Options Chain.

Some companies that are related to Legacy Housing include Global Net Lease (GNL), McGrath RentCorp (MGRC), Redfin (RDFN), HOPEWELL HWY IN/ADR (HHILY), Focus Financial Partners (FOCS), Seritage Growth Properties (SRG), NBT Bancorp (NBTB), Berkshire Hills Bancorp (BHLB), TIER REIT (TIER), Credit Corp Group (CCP), Pra Group (PRAA), Banco Macro (BMA), Primary Health Properties (PHP), PIMCO Corporate&Income Opportunity Fund (PTY) and Safety Insurance Group (SAFT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include Moleculin Biotech (MBRX), Insight Enterprises (NSIT), PACCAR (PCAR), Chevron (CVX), Dominion Energy (D), H & R Block (HRB), Kinder Morgan (KMI), Nabors Industries (NBR), AT&T (T) and Altaba (AABA).

(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 served as the underwriters for the IPO.

Legacy Housing's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (2.32%), GW&K Investment Management LLC (1.59%), BlackRock Inc. (1.08%), Vanguard Group Inc. (0.96%), Boston Partners (0.82%) and Sterling Capital Management LLC (0.36%). 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 Victory Capital Management Inc., Charles Schwab Investment Management Inc. and Northern Trust Corp. 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 acquired by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Russell Investments Group Ltd., Boston Partners, Sterling Capital Management LLC, BlackRock Inc., Rock Creek Group LP, Royal Bank of Canada and Vanguard Group Inc.. 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 $15.55.

Legacy Housing has a market capitalization of $384.40 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]