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

$9.59
-1.09 (-10.21 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$9.32
Now: $9.59
$10.57
50-Day Range
$10.06
MA: $13.17
$14.80
52-Week Range
$8.93
Now: $9.59
$17.50
Volume13,788 shs
Average Volume60,582 shs
Market Capitalization$237.06 million
P/E Ratio8.96
Dividend YieldN/A
BetaN/A
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms. It also provides floor plan or wholesale financing for independent retailers; consumer financing for its products sold to end-users; and financing to community owners that buy its products for use in their rental housing communities. The company markets its homes under the Legacy brand through a network of 114 independent and 12 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
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Industry, Sector and Symbol

Industry Mobile homes
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:LEGH
CUSIPN/A
CIKN/A
Phone817-799-4900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$161.88 million
Cash Flow$0.84 per share
Book Value$7.89 per share

Profitability

Net Income$21.51 million

Miscellaneous

Employees800
Market Cap$237.06 million
Next Earnings Date4/13/2020 (Estimated)
OptionableNot Optionable

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Legacy Housing (NASDAQ:LEGH) Frequently Asked Questions

How has Legacy Housing's stock been impacted by COVID-19 (Coronavirus)?

Legacy Housing's stock was trading at $11.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LEGH shares have decreased by 17.7% and is now trading at $9.59. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Legacy Housing?

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.

When is Legacy Housing's next earnings date?

Legacy Housing is scheduled to release its next quarterly earnings announcement on Monday, April 13th 2020. View our earnings forecast for Legacy Housing.

How were Legacy Housing's earnings last quarter?

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

What price target have analysts set for LEGH?

3 brokerages have issued 12-month target prices for Legacy Housing's stock. Their forecasts range from $13.00 to $13.00. On average, they expect Legacy Housing's share price to reach $13.00 in the next year. This suggests a possible upside of 35.6% from the stock's current price. View analysts' price targets for Legacy Housing.

Has Legacy Housing been receiving favorable news coverage?

Media headlines about LEGH stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public 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 -4.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutLegacy Housing.

Are investors shorting Legacy Housing?

Legacy Housing saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 245,800 shares, an increase of 37.3% from the February 27th total of 179,000 shares. Based on an average daily trading volume, of 50,300 shares, the days-to-cover ratio is presently 4.9 days. Currently, 6.5% of the company's stock are sold short. View Legacy Housing's Current Options Chain.

Who are some of Legacy Housing's key competitors?

What other stocks do shareholders of Legacy Housing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include Dominion Energy (D), Stitch Fix (SFIX), SVMK (SVMK), Carnival (CCL), Chewy (CHWY), Cloudera (CLDR), Eventbrite (EB), AT&T (T), Verizon Communications (VZ) and Wells Fargo & Co (WFC).

Who are Legacy Housing's key executives?

Legacy Housing's management team includes the following people:
  • Mr. Curtis D. Hodgson, Exec. Chairman (Age 64)
  • Mr. Kenneth E. Shipley, Pres, CEO & Director (Age 60)
  • Mr. Jeffrey V. Burt, CFO & Treasurer (Age 57)
  • Mr. Neal J. Suit, Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Larry G. Badgley, Director of Corp. Devel. (Age 63)

When did Legacy Housing IPO?

(LEGH) raised $41 million in an IPO 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.

What is Legacy Housing's stock symbol?

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

Who are Legacy Housing's major shareholders?

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

Which major investors are selling Legacy Housing stock?

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, Nuveen Asset Management LLC, Gabelli Funds LLC, and Victory Capital Management Inc.. 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 activity for Legacy Housing.

Which major investors are buying Legacy Housing stock?

LEGH stock was bought 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 activity for Legacy Housing.

How do I buy shares of 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.

What is Legacy Housing's stock price today?

One share of LEGH stock can currently be purchased for approximately $9.59.

How big of a company is Legacy Housing?

Legacy Housing has a market capitalization of $237.06 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.

What is Legacy Housing's official website?

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

How can I contact Legacy Housing?

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]


MarketBeat Community Rating for Legacy Housing (NASDAQ LEGH)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about Legacy Housing and other stocks. Vote "Outperform" if you believe LEGH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEGH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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