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

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

Legacy Housing Corp (NASDAQ:LEGH) released its quarterly earnings results on Tuesday, August, 13th. The company reported $0.35 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.04. The company earned $45.76 million during the quarter, compared to the consensus estimate 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 analysts have issued twelve-month price objectives for Legacy Housing's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Legacy Housing's stock price to reach $14.00 in the next twelve months. 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 been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Legacy Housing earned a coverage optimism 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 media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Legacy Housing.

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

Some companies that are related to Legacy Housing include Global Net Lease (GNL), NBT Bancorp (NBTB), Credit Corp Group (CCP), TIER REIT (TIER), Berkshire Hills Bancorp (BHLB), Redfin (RDFN), NY MTG TR INC/SH (NYMT), Pra Group (PRAA), Primary Health Properties (PHP), PIMCO Corporate&Income Opportunity Fund (PTY), Safety Insurance Group (SAFT), Boardwalk REIT (BOWFF), Eagle Bancorp (EGBN), Uniti Group (UNIT) and Gabelli Equity Trust (GAB).

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 IPO 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.

Legacy Housing's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 purchased 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]