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.
Industry, Sector and Symbol
Industry Mobile homes
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone817-799-4900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$161.88 million
Profitability
Miscellaneous
Employees800
Next Earnings Date4/13/2020 (Estimated)
OptionableNot Optionable
Legacy Housing (NASDAQ:LEGH) Frequently Asked Questions
What is Legacy Housing's stock symbol?
Legacy Housing trades on the NASDAQ under the ticker symbol "LEGH."
How were Legacy Housing's earnings last quarter?
Legacy Housing Corp (NASDAQ:LEGH) announced its quarterly earnings data 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 company earned $41.94 million during the quarter, compared to analyst estimates of $44.22 million. Legacy Housing had a net margin of 15.45% and a return on equity of 12.12%. View Legacy Housing's Earnings History.
When is Legacy Housing's next earnings date?
What price target have analysts set for LEGH?
3 Wall Street analysts have issued twelve-month price objectives for Legacy Housing's shares. Their forecasts range from $18.00 to $18.00. On average, they anticipate Legacy Housing's stock price to reach $18.00 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets for Legacy Housing.
What is the consensus analysts' recommendation 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.
Has Legacy Housing been receiving favorable news coverage?
Media coverage about LEGH stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Legacy Housing earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Legacy Housing.
Are investors shorting Legacy Housing?
Legacy Housing saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 374,500 shares, an increase of 113.9% from the December 31st total of 175,100 shares. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is currently 13.4 days. Currently, 7.1% of the company's shares are sold short. View Legacy Housing's Current Options Chain.
Who are some of Legacy Housing's key competitors?
Some companies that are related to Legacy Housing include Hercules Capital (HTGC), Industrial Logistics Properties Trust (ILPT), TPG RE Finance Trust (TRTX), Seacoast Banking Co. of Florida (SBCF), Veritex (VBTX), First Busey (BUSE), Victory Capital (VCTR), R1 RCM (RCM), Marcus & Millichap (MMI), Safety Insurance Group (SAFT), Royce Value Trust (RVT), Tanger Factory Outlet Centers (SKT), TPG Specialty Lending (TSLX), Monmouth R.E. Inv. (MNR) and Compass Diversified (CODI).
What other stocks do shareholders of Legacy Housing own?
Who are Legacy Housing's key executives?
Legacy Housing's management team includes the folowing 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 initial public offering (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 acted as the underwriters for the IPO.
Who are Legacy Housing's major shareholders?
Legacy Housing's stock is owned by many different of retail and institutional investors. Top institutional investors include Strs Ohio (0.02%). 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 buying Legacy Housing stock?
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 $15.26.
How big of a company is Legacy Housing?
Legacy Housing has a market capitalization of $377.23 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?
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)
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.
