NASDAQ:LEGHLegacy Housing Stock Price, Forecast & News

Legacy Housing's stock was trading at $11.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LEGH stock has increased by 15.6% and is now trading at $13.47. 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) issued 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 analysts have issued 1 year target prices for Legacy Housing's shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Legacy Housing's stock price to reach $12.00 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. View analysts' price targets for Legacy Housing.

Press coverage about LEGH stock has trended negative on Sunday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Legacy Housing earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View the latest news about Legacy Housing.

Legacy Housing saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 105,900 shares, a drop of 10.5% from the June 15th total of 118,300 shares. Based on an average trading volume of 32,600 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.8% of the company's stock are sold short. View Legacy Housing's Current Options Chain.

Some companies that are related to Legacy Housing include Two Harbors Investment (TWO), Grupo Financiero Galicia (GGAL), Fairfax Financial (FFXDF), WesBanco (WSBC), Daejan (DJAN), Renasant (RNST), SCHRODERS/PAR NVTG FPD 1 (SDRC), TowneBank (TOWN), Retail Opportunity Investments (ROIC), First Financial Bancorp (FFBC), NBT Bancorp (NBTB), McGrath RentCorp (MGRC), Gabelli Equity Trust (GAB), Bank of N.T. Butterfield & Son (NTB) and Banner (BANR). 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 (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 acted as the underwriters for the IPO.

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

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 $13.47.

Legacy Housing has a market capitalization of $333.52 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]